OLYMPIC CREWING AS
Score · fiscal year 2023
52of 100
How to read this: the company is ahead of 55 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 256 of 565 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 65 and solidity 28 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
OLYMPIC CREWING AS is 3 points above the median for medium-sized companies in the same sector in 2023.
Median score 49 among 153 companies.
Against medium-sized companies in the same sector in 2023: operating margin 3.2% (median 7.4%) and equity ratio 20.3% (median 35.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 344 MNOK | 241 MNOK |
| Operating margin | 3.2% | 7.4% |
| Profit margin | 1.7% | 8.0% |
| Return on assets | 39.2% | 8.4% |
| Equity ratio | 20.3% | 35.2% |
| Debt-to-equity | 3.93 | 1.33 |
| Current ratio | 1.13 | 1.25 |
| Revenue growth | – | 15.0% |
| Revenue per employee | 1.03 MNOK | 4.06 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 52, OLYMPIC CREWING AS does better than 55% of medium-sized companies in the same sector (153 companies) in 2023.
Score 2023–2025
- OLYMPIC CREWING AS
- Median: medium-sized companies in the same sector
What the numbers say
OLYMPIC CREWING AS had an operating margin of 3.2% and an equity ratio of 20.3% in 2023, and ranks 256 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 9 MNOK and 95 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 46 MNOK |
| EV/EBIT | 8.0 | 95 MNOK |
| P/B | 1.0 | 9 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
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.
Data quality
No anomalies found in the figures.
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 65 | weight 30% |
|---|---|---|
| Solidity | 28 | weight 25% |
| Liquidity | 42 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 73 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is OLYMPIC CREWING AS?
The operating margin was 3.2% in 2023, against a median of 7.4% among medium-sized companies in the same sector. Return on assets was 39.2%.
How solid is OLYMPIC CREWING AS?
The equity ratio was 20.3% in 2023 (median 35.2%). Debt-to-equity was 3.93 (median 1.33).
What is the liquidity of OLYMPIC CREWING AS like?
The current ratio was 1.13 in 2023 (median 1.25).
How does OLYMPIC CREWING AS compare in Olje og gass?
OLYMPIC CREWING AS ranks 256 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 69 of 153.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 987711973
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 334 registered 10 October 2026
- Founded
- 4 January 2005 21 years in operation
- Share capital
- 0.10 MNOK
- Business address
- 6090 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 2–22 of 40 in KOSTRA group 1
- 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
- Stig Rune Remøy
- Chair of the board
- Stig Rune Remøy
- Board member
- Renathe Helene Nesseth
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 40 | 45 | |
| Rank | 256 | 405 | 338 | |
| Operating margin | 3.2% | 3.2% | 2.3% | |
| Return on assets | 39.2% | 15.3% | 27.9% | |
| Equity ratio | 20.3% | 5.4% | 7.6% | |
| Current ratio | 1.13 | 1.05 | 1.08 | |
| Revenue growth | – | 25.2% | 14.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 343.8 MNOK | 430.3 MNOK | 494.0 MNOK |
| Operating profit | 11.0 MNOK | 13.7 MNOK | 11.5 MNOK |
| Profit before tax | 5.9 MNOK | 8.4 MNOK | 20.2 MNOK |
| Net profit | 4.6 MNOK | 5.4 MNOK | 15.9 MNOK |
| Financial expenses | 11.9 MNOK | 7.9 MNOK | 2.6 MNOK |
| Total assets | 45.4 MNOK | 106.1 MNOK | 81.9 MNOK |
| Current assets | 40.9 MNOK | 105.9 MNOK | 81.6 MNOK |
| Equity | 9.2 MNOK | 5.7 MNOK | 6.2 MNOK |
| Retained earnings | 9.1 MNOK | 5.6 MNOK | 6.1 MNOK |
| Total liabilities | 36.2 MNOK | 100.4 MNOK | 75.6 MNOK |
| Current liabilities | 36.2 MNOK | 100.4 MNOK | 75.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5091027.
Further
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