AKVATECH AS
Score · fiscal year 2025
32of 100
How to read this: the company is ahead of 22 % of small companies in the same sector in 2025. What does this mean?
Rank: 3,326 of 4,158 · Sjømat
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 48 and solidity 23 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
AKVATECH AS is 18 points below the median for small companies in the same sector in 2025.
Median score 50 among 3,607 companies.
Against small companies in the same sector in 2025: operating margin −4.5% (median 9.9%) and equity ratio 13.2% (median 36.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 2 MNOK |
| Operating margin | −4.5% | 9.9% |
| Profit margin | 18.4% | 6.6% |
| Return on assets | 7.9% | 3.1% |
| Equity ratio | 13.2% | 36.4% |
| Debt-to-equity | 6.60 | 1.03 |
| Current ratio | 0.92 | 1.66 |
| Revenue growth | −29.8% | 13.5% |
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 32, AKVATECH AS does better than 22% of small companies in the same sector (3,639 companies) in 2025.
Score 2023–2025
- AKVATECH AS
- Median: small companies in the same sector
AKVATECH AS has a score of 32 for 2025, rank 3,326 of 4,158 in the sector.
Strongest: Profitability: percentile 48 against peers, operating margin −4.5% against a median of 9.9%.
Weakest: Growth: percentile 15 against peers, revenue growth −29.8% against a median of 13.5%. Solidity: percentile 23 against peers, equity ratio 13.2% against a median of 36.4%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.1 times current assets. Based on: current ratio 0.92 (median 1.66).
- What lies behind weak growth, and will it last?
- 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
AKVATECH AS had an operating margin of −4.5% and an equity ratio of 13.2% in 2025, and ranks 3,326 of 4,158 in Sjømat.
From 2024 to 2025: the operating margin rose from −30.8% to −4.5% and went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| 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
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.92 (median 1.66).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.8% 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 | 48 | weight 30% |
|---|---|---|
| Solidity | 23 | weight 25% |
| Liquidity | 32 | weight 15% |
| Growth | 15 | weight 15% |
| Consistency | 30 | weight 15% |
Durability: 28 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is AKVATECH AS?
The operating margin was −4.5% in 2025, against a median of 9.9% among small companies in the same sector. Return on assets was 7.9%.
How solid is AKVATECH AS?
The equity ratio was 13.2% in 2025 (median 36.4%). Debt-to-equity was 6.60 (median 1.03).
What is the liquidity of AKVATECH AS like?
The current ratio was 0.92 in 2025 (median 1.66). Current assets did not cover current liabilities.
How does AKVATECH AS compare in Sjømat?
AKVATECH AS ranks 3,326 of 4,158 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 2,846 of 3,639. Revenue changed by −29.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 996834735
- Legal form
- AS
- Sector
- Sjømat (03.211)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 4 April 2011 15 years in operation
- Share capital
- 0.37 MNOK
- Business address
- Torggata 10, 0181 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- 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 Spiten
- Chair of the board
- Thorbjørn Grindhaug
- Board member
- Geir Spiten
- Board member
- Håvar Wold
- Board member
- Leon George Raubenheimer
- Board member
- Geir Lislerud
- Board member
- Rory David Fleming
- Auditor
- HELGELAND REVISJON AS
- Accountant
- MOSJØEN REGNSKAPSKONTOR 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 | 27 | 24 | 32 | |
| Rank | 3,046 | 3,453 | 3,326 | |
| Operating margin | −1.7% | −30.8% | −4.5% | |
| Return on assets | −1.0% | −6.8% | 7.9% | |
| Equity ratio | 24.4% | 8.0% | 13.2% | |
| Current ratio | 0.71 | 0.52 | 0.92 | |
| Revenue growth | – | −11.1% | −29.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.8 MNOK | 3.4 MNOK | 2.4 MNOK |
| Operating profit | −0.1 MNOK | −1.0 MNOK | −0.1 MNOK |
| Profit before tax | −0.1 MNOK | −0.7 MNOK | 0.4 MNOK |
| Net profit | −0.1 MNOK | −0.7 MNOK | 0.4 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.3 MNOK |
| Total assets | 6.4 MNOK | 10.2 MNOK | 9.5 MNOK |
| Current assets | 1.8 MNOK | 1.6 MNOK | 1.5 MNOK |
| Equity | 1.6 MNOK | 0.8 MNOK | 1.3 MNOK |
| Retained earnings | −16.6 MNOK | −17.4 MNOK | −16.9 MNOK |
| Total liabilities | 4.8 MNOK | 9.4 MNOK | 8.3 MNOK |
| Current liabilities | 2.5 MNOK | 3.1 MNOK | 1.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6677134.
Further
Similar companies
- EIRA KYSTFISKE AS index 32, rank 3,324 · compare
- LYDER HOLDING AS index 32, rank 3,325 · compare
- SÆTERVÅGEN AS index 32, rank 3,327 · compare
- BRATTABERG AS index 32, rank 3,328 · compare
- GEILOMAT AS index 32, rank 3,329 · compare