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Sjøfart ranking 2024

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Benchmarks · fiscal year 2024

Quartiles among the 948 ranked companies, all sizes. Half of them lie between the lower and upper quartile.

Key figureLower quartileMedianUpper quartile
Operating margin0.3%13.4%36.9%
Profit margin−0.5%9.1%29.0%
Return on assets3.1%9.5%19.1%
Equity ratio15.3%41.6%66.2%
Debt-to-equity0.451.233.54
Current ratio0.921.523.60
Revenue growth−5.1%6.8%32.3%

Ranked per Morning company class: Medium: 363 · Micro: 256 · Small: 261 · Large: 68. Morning company classes by revenue: Micro 1–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Methodology

Distribution of the overall index · 2024

093185Index 0–10: 7 companies70Index 10–20: 46 companies4610Index 20–30: 80 companies8020Index 30–40: 169 companies16930Index 40–50: 185 companies18540Index 50–60: 182 companies18250Index 60–70: 158 companies15860Index 70–80: 90 companies9070Index 80–90: 28 companies2880Index 90–100: 3 companies390100Index →

Best in each category · 2024

Operating marginR Transit AS99.8%
Return on assetsHighlander Tankers AS95.3%
Equity ratioAbaco Shipping AS99.9%
Current ratioPraxair Ship II AS19.28
Revenue growthSpar Shipping AS1,360.3%

Among ranked companies with at least NOK 10m in revenue. Margins and equity ratios above 100 %, a current ratio above 20 and growth from a base below NOK 10m count as one-off effects and are left out.

Ranking · 2024

Morning Enterprise Index 0–100, version 2: every key figure is compared with companies in the same sector and size tier. Click a column heading to sort.

Rank Company Class Index Operating margin Equity ratio Current ratio Revenue growth Revenue
1 Gina Krog II AS Mediumno. 1 in the class 92 73.4% 99.6% 222.33 26.4% 373 MNOK
2 Abaco Shipping AS Smallno. 1 in the class 91 99.3% 99.9% 680.52 220.0% 16 MNOK
3 Flipper Psv AS Mediumno. 2 in the class 90 52.1% 97.8% 15.14 134.1% 112 MNOK
4 Knutsen LNG ASsubsidiary of TS Shipping Invest AS Smallno. 2 in the class 89 96.9% 96.6% 16.59 99.1% 48 MNOK
5 Spar Shipping AS Largeno. 1 in the class 88 38.5% 95.9% 4.38 1,360.3% 17,170 MNOK
6 Myklebusthaug Offshore AS Smallno. 3 in the class 88 39.2% 95.8% 16.47 24.4% 49 MNOK
7 Silver Supporter AS Smallno. 4 in the class 87 40.0% 97.0% 26.20 17.9% 29 MNOK
8 Barents Shipinvest AS Smallno. 5 in the class 87 35.1% 81.8% 12.06 56.4% 34 MNOK
9 Monza Car Carrier AS Mediumno. 3 in the class 87 72.5% 99.5% 10.24 11.1% 134 MNOK
10 Nfh Fbm 230301 AS Mediumno. 4 in the class 87 45.5% 97.8% 13.38 790.7% 98 MNOK
11 Sea Ship Invest AS Mediumno. 5 in the class 86 79.9% 70.6% 2.86 1,255.8% 125 MNOK
12 Hagland Bulk II AS Microno. 1 in the class 86 100.0% 100.0% 4.64 118.1% 1 MNOK
13 Dina Offshore AS Mediumno. 6 in the class 86 53.6% 68.2% 35.24 103.9% 168 MNOK
14 Silver Bergen II AS Mediumno. 7 in the class 86 28.4% 97.9% 22.80 99.6% 73 MNOK
15 Viken Crude AS Largeno. 2 in the class 86 78.5% 60.0% 1.79 95.9% 996 MNOK
16 Saturn Invest AS Mediumno. 8 in the class 85 98.4% 98.1% 41.32 27.8% 208 MNOK
17 Brevik Shipping AS Smallno. 6 in the class 85 58.2% 88.5% 3.94 30.4% 31 MNOK
18 Håland Fjordtransport AS Microno. 2 in the class 85 86.2% 99.7% – – 2 MNOK
19 Hagland Bulk Transport AS Microno. 3 in the class 84 100.0% 99.6% 47.92 144.5% 3 MNOK
20 Olympic Zeus AS Mediumno. 9 in the class 84 73.6% 63.1% 3.49 47.8% 195 MNOK
21 Neptun Rederi AS Mediumno. 10 in the class 82 33.3% 97.0% 17.35 21.2% 111 MNOK
22 Fjordtaxi AS Microno. 4 in the class 82 43.2% 101.8% – 16.3% 2 MNOK
23 Songa Product and Chemical Tankers II AS Mediumno. 11 in the class 82 72.5% 90.1% 2.01 17.5% 59 MNOK
24 Espeseth Sjøservice AS Microno. 5 in the class 82 58.4% 74.0% 3.42 277.1% 5 MNOK
25 Dina Polaris AS Mediumno. 12 in the class 82 59.5% 52.7% 24.85 60.6% 167 MNOK
26 Nfh Fbm 230105 AS Mediumno. 13 in the class 81 41.3% 95.5% 4.34 7,422.2% 103 MNOK
27 TM Chartering AS Smallno. 7 in the class 81 50.4% 72.8% 3.56 29.4% 13 MNOK
28 Maritime Tours AS Smallno. 8 in the class 81 17.5% 76.7% 4.34 46.0% 27 MNOK
29 AS SLEPEBÅTENE Smallno. 9 in the class 81 18.6% 84.6% 5.72 18.0% 29 MNOK
30 Sea Ocean AS Mediumno. 14 in the class 80 43.9% 65.9% 5.83 35.8% 63 MNOK
31 Ugland Supplier AS Mediumno. 15 in the class 80 50.7% 71.2% 4.99 52.7% 220 MNOK
32 Bryggen Shipping International AS Largeno. 3 in the class 80 13.8% 73.7% 3.78 45.3% 1,504 MNOK
33 Arctic Whale Tours AS Smallno. 10 in the class 80 35.3% 68.2% 2.97 29.8% 11 MNOK
34 Thale Tankers AS Mediumno. 16 in the class 80 33.6% 64.9% 3.21 133.2% 182 MNOK
35 Awilco AS Smallno. 11 in the class 79 18.5% 98.3% 25.69 165.8% 14 MNOK
36 Gcc Shipowning ASsubsidiary of Gcc Global Car Carriers AS Largeno. 4 in the class 79 68.3% 63.9% 1.01 28.1% 2,252 MNOK
37 Tek Særs ASsubsidiary of Tek Sin AS Microno. 6 in the class 79 88.8% 100.0% – −91.3% 1 MNOK
38 Eldorado Drilling AS Microno. 7 in the class 79 276.2% 99.6% 114.62 – 9 MNOK
39 Vega Offshore Supply AS Microno. 8 in the class 79 71.9% 77.5% 10.98 17.0% 4 MNOK
40 Sea Marine AS Mediumno. 17 in the class 78 30.3% 70.3% 3.08 263.2% 66 MNOK
41 Sunny Tankers AS Mediumno. 18 in the class 78 25.7% 60.4% 4.95 115.0% 195 MNOK
42 WA Tankers AS Mediumno. 19 in the class 78 27.4% 84.3% 2.37 51.4% 326 MNOK
43 Fonnes Offshore AS Smallno. 12 in the class 78 55.5% 84.4% 4.16 5.6% 18 MNOK
44 YACHT & Cruise AS Microno. 9 in the class 78 17.1% 85.3% 12.01 55.9% 4 MNOK
45 Brødrene Klovning Offshore AS Microno. 10 in the class 78 100.0% 98.7% – −9.7% 2 MNOK
46 Myklebusthaug Shipping AS Mediumno. 20 in the class 78 55.8% 77.4% 28.34 −34.7% 65 MNOK
47 Tri Frakt AS Smallno. 13 in the class 77 27.9% 95.7% 8.89 9.7% 41 MNOK
48 Oster Marine AS Microno. 11 in the class 77 29.7% 93.8% 9.58 32.5% 3 MNOK
49 Klk Tank AS Mediumno. 21 in the class 77 15.2% 68.3% 2.91 – 242 MNOK
50 Norside Wind AS Mediumno. 22 in the class 77 50.4% 61.5% 4.00 34.9% 367 MNOK

Bankrupt or being wound up

These companies are left out of the ranking.

Showing 50 of 83. See all bankruptcies and liquidations

About the figures

  • Only limited companies (AS and ASA) are included. Sole proprietorships are normally not required to file annual accounts and are therefore missing.
  • The Brønnøysund Register Centre only checks that accounts are filed, not their content. Suspicious figures are flagged on the company page, not hidden.
  • Figures are company accounts, not group accounts. Holding companies can be marked in admin and then do not count in sector averages.