KVITSØY SJØTJENESTER AS
Score · fiscal year 2025
43of 100
How to read this: the company is ahead of 36 % of small companies in the same sector in 2025. What does this mean?
Rank: 2,683 of 4,157 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 40 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
KVITSØY SJØTJENESTER AS is 7 points below the median for small companies in the same sector in 2025.
Median score 50 among 3,606 companies.
Against small companies in the same sector in 2025: operating margin 6.8% (median 9.9%) and equity ratio 31.6% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 17 MNOK | 2 MNOK |
| Operating margin | 6.8% | 9.9% |
| Profit margin | 1.7% | 6.6% |
| Return on assets | 2.9% | 3.1% |
| Equity ratio | 31.6% | 36.4% |
| Debt-to-equity | 2.17 | 1.03 |
| Current ratio | 0.55 | 1.66 |
| Revenue growth | −1.4% | 13.5% |
| Revenue per employee | 0.88 MNOK | 1.95 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 43, KVITSØY SJØTJENESTER AS does better than 36% of small companies in the same sector (3,638 companies) in 2025.
Score 2023–2025
- KVITSØY SJØTJENESTER AS
- Median: small companies in the same sector
KVITSØY SJØTJENESTER AS has a score of 43 for 2025, rank 2,683 of 4,157 in the sector.
Strongest: Consistency: percentile 70 against peers.
Weakest: Liquidity: percentile 23 against peers, current ratio 0.55 against a median of 1.66. Growth: percentile 32 against peers, revenue growth −1.4% against a median of 13.5%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.8 times current assets. Based on: current ratio 0.55 (median 1.66).
- What lies behind weak growth, 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
KVITSØY SJØTJENESTER AS had an operating margin of 6.8% and an equity ratio of 31.6% in 2025, and ranks 2,683 of 4,157 in Sjømat.
From 2024 to 2025: the operating margin fell from 13.2% to 6.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 13 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 13 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
Consider strengthening liquidity: current liabilities are 1.8 times current assets.
Based on: Current ratio 0.55 (median 1.66).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.2% 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 −5.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 47 | weight 30% |
|---|---|---|
| Solidity | 40 | weight 25% |
| Liquidity | 23 | weight 15% |
| Growth | 32 | weight 15% |
| Consistency | 70 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KVITSØY SJØTJENESTER AS?
The operating margin was 6.8% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 2.9%.
How solid is KVITSØY SJØTJENESTER AS?
The equity ratio was 31.6% in 2025 (median 36.4%). Debt-to-equity was 2.17 (median 1.03).
What is the liquidity of KVITSØY SJØTJENESTER AS like?
The current ratio was 0.55 in 2025 (median 1.66). Current assets did not cover current liabilities.
How does KVITSØY SJØTJENESTER AS compare in Sjømat?
KVITSØY SJØTJENESTER AS ranks 2,683 of 4,157 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 2,314 of 3,638. Revenue changed by −1.4% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 1.9 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 13 March 2026 | Statens vegvesen | E39 Rogfast - rydding av plast 2026-2029 | 1.9 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 996441083
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 19 registered 10 August 2026
- Founded
- 3 January 2011 15 years in operation
- Share capital
- 0.22 MNOK
- Business address
- Grøningen 14, 4180 KVITSØY
- Municipality
- Kvitsøy rank 1 of 8 in KOSTRA group 16
- Latest accounts filed
- 2025
- Website
- www.seaservices.no
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
- Bjarte Espevik
- Chair of the board
- Petter Aanonsen
- Board member
- Bjarte Espevik
- Board member
- Thorvald Ydstebø
- Board member
- Tore Brekke Ydstebø
- Auditor
- REVISJON VEST AS
- Accountant
- PRO-SJEKT REGNSKAP 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 49 | 54 | 43 | |
| Rank | 1,916 | 1,693 | 2,683 | |
| Operating margin | 14.0% | 13.2% | 6.8% | |
| Return on assets | 5.9% | 5.4% | 2.9% | |
| Equity ratio | 33.6% | 31.1% | 31.6% | |
| Current ratio | 0.47 | 0.56 | 0.55 | |
| Revenue growth | – | 14.5% | −1.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 14.9 MNOK | 17.0 MNOK | 16.8 MNOK |
| Operating profit | 2.1 MNOK | 2.3 MNOK | 1.1 MNOK |
| Profit before tax | 1.8 MNOK | 1.6 MNOK | 0.3 MNOK |
| Net profit | 1.4 MNOK | 1.2 MNOK | 0.2 MNOK |
| Financial expenses | 0.5 MNOK | 0.8 MNOK | 0.9 MNOK |
| Total assets | 37.7 MNOK | 43.1 MNOK | 42.5 MNOK |
| Current assets | 6.8 MNOK | 8.3 MNOK | 8.0 MNOK |
| Equity | 12.6 MNOK | 13.4 MNOK | 13.4 MNOK |
| Retained earnings | 12.2 MNOK | 13.0 MNOK | 12.9 MNOK |
| Total liabilities | 25.0 MNOK | 29.7 MNOK | 29.1 MNOK |
| Current liabilities | 14.3 MNOK | 14.8 MNOK | 14.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6835278.
Further
Similar companies
- VEST TRÅL AS index 43, rank 2,679 · compare
- FLUSHLICER AS index 43, rank 2,680 · compare
- REPPARFJORD KYSTFISKE AS index 43, rank 2,681 · compare
- URE INVEST AS index 43, rank 2,682 · compare
- BYKLUMINVEST AS index 43, rank 2,684 · compare