NACE 03.110
Margins and profitability in marine fishing
57 Norwegian companies in this industry. The median operating margin was 16.4 %, meaning what was left of revenue once every cost had been paid.
19 % 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 50,492,859 | NOK 126,439,015 |
| Operating profit | NOK 3,409,365 | NOK 33,502,671 |
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 -15.1 %, and one tenth above 32.9 %. That is the real spread in the industry, not an average.
Top against weakest third
- Top third
- 29.4 %
- Weakest third
- -2.4 %
- Spread
- 32 percentage points
- Equity ratio
- 25.9 %median of 57
Size
Profitability by size
| Revenue | Companies | Median operating margin |
|---|---|---|
| 1 to 5 m | 11 | 1.5 % |
| 5 to 20 m | 11 | 15.6 % |
| 20 to 100 m | 15 | 6.6 % |
| over 100 m | 20 | 24.5 % |
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
| Skjervøy | 3 | |
| Tromsø | 3 | |
| Ålesund | 2 | |
| Torangsvåg | 2 | |
| Myre | 2 | |
| Botnhamn | 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
31 of 57 companies in the industry have won at least one public contract since 2022, that is 54.4 %.
Those that win have median revenue of NOK 8.1m, against NOK 60.8m for those that do not. That is 0.1× as much. It describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.
Who puts them out to tender
The 57 contracts we find come most often from these buyers.
| Havforskningsinstituttet | 29 | |
| Fiskeridirektoratet | 27 | |
| The Directorate of Fisheries | 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 marine fishing
- What is a normal operating margin in marine fishing?
- The median operating margin was 16.4 %, meaning what was left of revenue once every cost had been paid. Half of the 57 companies in the sample were above it, and half below.
- What separates the best from the weakest in marine fishing?
- The top third had an operating margin of 29.4 %, against -2.4 % for the weakest. The spread is 32 percentage points, within the same industry, the same country and the same year.
- How many companies are there in marine fishing in Norway?
- We hold filed accounts for 57 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 many are loss-making in marine fishing?
- 19 % of the companies in the sample posted a negative operating result.
- How large is a typical company in marine fishing?
- Median revenue is NOK 50.5m. Half of the companies fall between NOK 7.4m and NOK 135m.
- How much do public contracts matter in marine fishing?
- 31 of 57 companies, that is 54.4 %, have won at least one public contract since 2022. They have median revenue of NOK 8.1m, against NOK 60.8m for the rest.
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