TELEMARK SETTEFISK AS

Org. no. 987546700 · SKIEN · Founded 2004

Score · fiscal year 2024

63of 100

How to read this: the company is ahead of 76 % of small companies in the same sector in 2024. What does this mean?

Rank: 967 of 3,976 · Sjømat

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 68 and solidity 61 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

TELEMARK SETTEFISK AS is 13 points above the median for small companies in the same sector in 2024.

Median score 50 among 3,476 companies.

Against small companies in the same sector in 2024: operating margin 9.6% (median 3.7%) and equity ratio 59.6% (median 35.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue2 MNOK1 MNOK
Operating margin 9.6% 3.7% 59 %
Profit margin 7.9% 0.8% shown, not part of the index
Return on assets 9.0% 1.2% 76 %
Equity ratio 59.6% 35.6% 65 %
Debt-to-equity 0.68 0.96 57 %
Current ratio 1.39 1.52 47 %
Revenue growth 7.7% −5.9% 66 %

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 63, TELEMARK SETTEFISK AS does better than 76% of small companies in the same sector (3,481 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TELEMARK SETTEFISK AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

TELEMARK SETTEFISK AS had an operating margin of 9.6% and an equity ratio of 59.6% in 2024, and ranks 967 of 3,976 in Sjømat.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.2 MNOK
minus net debt −0.1 MNOK
8.0 2 MNOK
P/B Equity: 1.6 MNOK 1.0 2 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 3.9% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability68 weight 30%
Solidity61 weight 25%
Liquidity47 weight 15%
Growth66 weight 15%
Consistency70 weight 15%

Durability: 62 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is TELEMARK SETTEFISK AS?

The operating margin was 9.6% in 2024, against a median of 3.7% among small companies in the same sector. Return on assets was 9.0%.

How solid is TELEMARK SETTEFISK AS?

The equity ratio was 59.6% in 2024 (median 35.6%). Debt-to-equity was 0.68 (median 0.96).

What is the liquidity of TELEMARK SETTEFISK AS like?

The current ratio was 1.39 in 2024 (median 1.52).

How does TELEMARK SETTEFISK AS compare in Sjømat?

TELEMARK SETTEFISK AS ranks 967 of 3,976 in Sjømat for 2024. Among companies of the same size (small companies) it ranks 847 of 3,481. Revenue changed by 7.7% from the year before.

From the Central Coordinating Register

Org. no.
987546700
Legal form
AS
Sector
Sjømat (03.222)
Size tier
small
Employees
0–4 (not registered)
Founded
8 November 2004 21 years in operation
Share capital
0.10 MNOK
Business address
Ulefossvegen 20, 3730 SKIEN
Municipality
Skien rank 9 of 10 in KOSTRA group 11
Audit
Audit opted out from 5 December 2022
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Tor Aschjem
Chair of the board
Ståle Ellingsen
Board member
Bjørn Erik Eik
Board member
Harald Arnfinn Waagbø Jenssen
Board member
Bjørn Terje Hansen
Board member
Tor Aschjem
Accountant
COLUMBI REGNSKAP AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index616352
Rank1,1079671,816
Operating margin10.4%9.6%2.8%
Return on assets5.8%9.0%2.8%
Equity ratio59.9%59.6%63.7%
Current ratio1.561.391.28
Revenue growth–7.7%−0.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue2.3 MNOK2.5 MNOK2.5 MNOK
Operating profit0.2 MNOK0.2 MNOK0.1 MNOK
Profit before tax0.2 MNOK0.2 MNOK0.0 MNOK
Net profit0.2 MNOK0.2 MNOK0.0 MNOK
Financial expenses−0.1 MNOK0.0 MNOK0.0 MNOK
Total assets2.3 MNOK2.7 MNOK2.6 MNOK
Current assets0.3 MNOK0.7 MNOK0.7 MNOK
Equity1.4 MNOK1.6 MNOK1.6 MNOK
Retained earnings1.3 MNOK1.5 MNOK1.5 MNOK
Total liabilities0.9 MNOK1.1 MNOK0.9 MNOK
Current liabilities0.2 MNOK0.5 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5699397.

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