Fishbones Me AS
ASActiveOrg 930280720Stokkamyrveien 15, 4313 SandnesWholesale of other machinery and equipment· NACE 4664Est. 2022 · 4 years old0 employees
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Overview
Fishbones Me AS is a Norwegian AS based in Sandnes, operating in the Wholesale of other machinery and equipment sector. Incorporated in 2022, the company has 0 employees and reported revenue of NOK 68.5m in its latest annual filing.
Revenue 2025
68.5M NOK
−16% vs 2024
EBITDA margin
4.9 %
−86% vs 2024
Net profit 2025
-1.1M NOK
-109% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
11.5 %
WeakAmong the 30% lowest rated companies in the industry
20222025
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
WeakAmong the 40% lowest rated companies in the industry
20222025
Return on assets (ROA)Net profit ÷ Total assets × 100
-1.2 %
WeakAmong the 40% lowest rated companies in the industry
20222025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 68.5M NOK | -16% |
| EBITDA | 3.3M NOK | -86% |
| Net profit | -1.1M NOK | -109% |
| Total assets | 87.9M NOK | +17% |
| Equity | 10.2M NOK | +5681% |
| Employees | 0 | — |
Company information
Legal name
FISHBONES ME AS
Org number
930280720
Legal form
Aksjeselskap
NACE code
Founded
20 September 2022 · 4 years
Share capital
NOK 100,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Utvikling, kommersialisering og salg av produkter innen oljeindustrien med fokus på midtøsten, samt investering i tilsvarende selskaper.
(no translation available)
Address
Stokkamyrveien 15, 4313 Sandnes
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Financial development
In its most recent annual report (2025), Fishbones Me AS reported revenue of NOK 68.5m, a decrease of 16% on the year before. The figures on this page draw on 4 annual filings covering 2022 to 2025. The bottom line showed a net loss of NOK 1.1m, and the EBITDA margin stood at 4.9%.
At the end of 2025, equity financed 11.5% of the balance sheet, and current assets covered short-term debt 1.2 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 68,510 | 81,519 | 0 | 0 |
| Staff expenses | -17,597 | -13,875 | -0 | -0 |
| EBITDA | 3,343 | 24,349 | -175 | -7 |
| Depreciation & amort. | -1,103 | -9,207 | -0 | -0 |
| EBIT | 2,240 | 15,142 | -175 | -7 |
| Net financials | -956 | -386 | 0 | 0 |
| Profit before tax | 1,284 | 14,756 | -175 | -7 |
| Tax | 2,355 | 3,297 | -40 | -0 |
| Net profit | -1,071 | 11,459 | -135 | -7 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total assets | 87,927 | 75,075 | 44,604 | 394 |
| Equity | 10,155 | 176 | 259 | 393 |
| Long-term debt | 3,405 | 11,416 | 8,311 | 0 |
| Short-term debt | 72,784 | 62,029 | 35,099 | 1 |
| Total debt | 76,189 | 73,445 | 43,410 | 1 |
Financial ratios
5-year trendEBITDA margin
4.9 %
20222025
Equity ratio
11.5 %
WeakAmong the 30% lowest rated companies in the industry
20222025
Return on equity
-10.6 %
Very weakAmong the 20% lowest rated companies in the industry
20222025
Net profit margin
-1.6 %
WeakAmong the 30% lowest rated companies in the industry
20222025
Asset turnover
0.78×
WeakAmong the 40% lowest rated companies in the industry
20222025
Debt / equity
7.66×
Very weakAmong the 20% lowest rated companies in the industry
20222025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 30% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Weak
Among the 30% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalStrong
Among the 40% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 20% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-09-20 – 2022-12-31
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
ER Board of Directors | Board of Directors | 2022 |
JA Chairman | Chairman | 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
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Company hierarchy
Fishbones As
Fishbones Me AS Board network connections
Board members of Fishbones Me AS also hold positions in 42 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Arild Wathne | Chairman | 34 companiesMany roles |
| Eirik Renli | Board of Directors | 8 companiesMany roles |
Frequently asked questions
What is the Org number of Fishbones Me AS?
Fishbones Me AS is registered with Brønnøysundsregistrene under Org 930280720.
What is the revenue of Fishbones Me AS?
Fishbones Me AS reported revenue of NOK 68.5m in 2025.
Who is the chairman of Fishbones Me AS?
Jan Arild Wathne chairs the board of Fishbones Me AS.
Where is Fishbones Me AS headquartered?
Fishbones Me AS's registered address is Stokkamyrveien 15.