SEAWORKS MANAGEMENT AS
Score · fiscal year 2025
31of 100
How to read this: the company is ahead of 15 % of small companies in the same sector in 2025. What does this mean?
Rank: 869 of 1,014 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 35 and solidity 8 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SEAWORKS MANAGEMENT AS is 19 points below the median for small companies in the same sector in 2025.
Median score 50 among 704 companies.
Against small companies in the same sector in 2025: operating margin 1.3% (median 11.2%) and equity ratio 1.2% (median 44.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 94 MNOK | 21 MNOK |
| Operating margin | 1.3% | 11.2% |
| Profit margin | 1.6% | 9.1% |
| Return on assets | 4.6% | 7.6% |
| Equity ratio | 1.2% | 44.3% |
| Debt-to-equity | 81.78 | 1.05 |
| Current ratio | 0.90 | 1.67 |
| Revenue growth | −2.4% | 2.9% |
| Revenue per employee | 0.92 MNOK | 1.43 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 31, SEAWORKS MANAGEMENT AS does better than 15% of small companies in the same sector (704 companies) in 2025.
Score 2023–2025
- SEAWORKS MANAGEMENT AS
- Median: small companies in the same sector
SEAWORKS MANAGEMENT AS has a score of 31 for 2025, rank 869 of 1,014 in the sector.
Strongest: Consistency: percentile 57 against peers.
Weakest: Solidity: percentile 8 against peers, equity ratio 1.2% against a median of 44.3%. Liquidity: percentile 27 against peers, current ratio 0.90 against a median of 1.67.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 1.2% (median 44.3%).
- Consider strengthening liquidity: current liabilities are 1.1 times current assets. Based on: current ratio 0.90 (median 1.67).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
SEAWORKS MANAGEMENT AS had an operating margin of 1.3% and an equity ratio of 1.2% in 2025, and ranks 869 of 1,014 in Sjøfart.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 15 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 15 MNOK |
| EV/EBIT | 8.0 | 12 MNOK |
| P/B | 1.0 | 1 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 1.2% (median 44.3%).
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.90 (median 1.67).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.6% of the debt in 2025. The policy rate averaged 4.30 % 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.
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 5.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 35 | weight 30% |
|---|---|---|
| Solidity | 8 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | 37 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 30 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SEAWORKS MANAGEMENT AS?
The operating margin was 1.3% in 2025, against a median of 11.2% among small companies in the same sector. Return on assets was 4.6%.
How solid is SEAWORKS MANAGEMENT AS?
The equity ratio was 1.2% in 2025 (median 44.3%). Debt-to-equity was 81.78 (median 1.05).
What is the liquidity of SEAWORKS MANAGEMENT AS like?
The current ratio was 0.90 in 2025 (median 1.67). Current assets did not cover current liabilities.
How does SEAWORKS MANAGEMENT AS compare in Sjøfart?
SEAWORKS MANAGEMENT AS ranks 869 of 1,014 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 596 of 704. Revenue changed by −2.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 996353079
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- small
- Employees
- 102 registered 10 October 2026
- Founded
- 22 December 2010 15 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Hans Egedes gate 38, 9406 HARSTAD
- Municipality
- Harstad rank 8–22 of 27 in KOSTRA group 9
- 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
- Geir-Olav Skogstad
- Chair of the board
- Sigmund Sørensen
- Board member
- Morten Støver
- Board member
- Vigdis Karlsen Hokland
- Board member
- Steinar Bjarne Kolbeinsen
- Board member
- Helene Kamine Myrland Hokland
- Deputy member
- Martin Hokland
- Deputy member
- Petter Karlsen Borgen
- Auditor
- CEDRA NORGE AS
- Accountant
- AIDER 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 32 | 29 | 31 | |
| Rank | 699 | 828 | 869 | |
| Operating margin | 1.3% | 1.4% | 1.3% | |
| Return on assets | 4.4% | 5.5% | 4.6% | |
| Equity ratio | 14.7% | 0.4% | 1.2% | |
| Current ratio | 1.14 | 0.86 | 0.90 | |
| Revenue growth | – | 4.3% | −2.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 92.1 MNOK | 96.1 MNOK | 93.7 MNOK |
| Operating profit | 1.2 MNOK | 1.3 MNOK | 1.2 MNOK |
| Profit before tax | 1.1 MNOK | 0.4 MNOK | 1.5 MNOK |
| Net profit | 1.1 MNOK | 0.4 MNOK | 1.5 MNOK |
| Financial expenses | 0.3 MNOK | 1.0 MNOK | 0.8 MNOK |
| Total assets | 30.9 MNOK | 25.9 MNOK | 48.6 MNOK |
| Current assets | 30.1 MNOK | 22.1 MNOK | 43.2 MNOK |
| Equity | 4.5 MNOK | 0.1 MNOK | 0.6 MNOK |
| Retained earnings | 4.4 MNOK | – | 0.5 MNOK |
| Total liabilities | 26.4 MNOK | 25.8 MNOK | 48.0 MNOK |
| Current liabilities | 26.4 MNOK | 25.8 MNOK | 48.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7188675.
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