NACE 30.110
Margins and profitability in building of civilian ships and floating structures
69 Norwegian companies in this industry. The median operating margin was 3.7 %, meaning what was left of revenue once every cost had been paid.
22 % of the companies in this industry posted a negative operating result that year.
In kroner
Revenue and operating profit
| Median company | Top third | |
|---|---|---|
| Revenue | NOK 204,803,020 | NOK 229,685,074 |
| Operating profit | NOK 5,441,022 | NOK 30,727,151 |
| Revenue per employee | NOK 3,506,948 | NOK 4,720,984 |
Revenue per employee is calculated on the 69 of 69 companies that report an employee count, as the median of the ratio within each company.
Median, not mean. A mean would be pulled up by the largest companies in the industry, and would say little about a typical one.
The distribution
What companies in the industry earned
One tenth of companies fell below -4.0 %, and one tenth above 14.0 %. That is the real spread in the industry, not an average.
Top against weakest third
- Top third
- 12.2 %
- Weakest third
- -1.0 %
- Spread
- 13 percentage points
- Equity ratio
- 28.0 %median of 69
Size
Profitability by size
| Revenue | Companies | Median operating margin |
|---|---|---|
| 20 to 100 m | 17 | 2.2 % |
| over 100 m | 52 | 5.3 % |
Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.
Geography
Where the companies are based
| Ulsteinvik | 4 | |
| Ålesund | 4 | |
| Florø | 3 | |
| Grovfjord | 2 | |
| Tomrefjord | 2 | |
| Rørvik | 2 |
The six postal towns with the most companies in this industry, by registered business address.
Public contracts
Who in the industry wins public contracts
9 of 69 companies in the industry have won at least one public contract since 2022, that is 13.0 %.
Only 9 companies in the industry have won a public contract since 2022. That is too few for us to say how large they are compared with the rest.
Who puts them out to tender
The 12 contracts we find come most often from these buyers.
| Ålesundregionens Havnevesen | 2 | |
| NTNU | 2 | |
| Ålesund kommune | 2 | |
| Norwegian Defence Materiel Agency | 1 | |
| Troms fylkeskommune | 1 |
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Questions and answers
Common questions about building of civilian ships and floating structures
- What is a normal operating margin in building of civilian ships and floating structures?
- The median operating margin was 3.7 %, meaning what was left of revenue once every cost had been paid. Half of the 69 companies in the sample were above it, and half below.
- What separates the best from the weakest in building of civilian ships and floating structures?
- The top third had an operating margin of 12.2 %, against -1.0 % for the weakest. The spread is 13 percentage points, within the same industry, the same country and the same year.
- How many companies are there in building of civilian ships and floating structures in Norway?
- We hold filed accounts for 69 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
- How much revenue does a company in Building of civilian ships and floating structures generate per employee?
- The median company in Building of civilian ships and floating structures turns over NOK 3.5m per employee. The figure is calculated on the 69 of 69 companies that report an employee count.
- How many are loss-making in building of civilian ships and floating structures?
- 22 % of the companies in the sample posted a negative operating result.
- How large is a typical company in building of civilian ships and floating structures?
- Median revenue is NOK 204.8m. Half of the companies fall between NOK 103.5m and NOK 724.1m.
- How much do public contracts matter in building of civilian ships and floating structures?
- We find almost no public contracts in this industry since 2022, so public procurement appears to play little role here.
Next
Related industries