Furene Bil AS

Org. no. 897818132 · Volda · Founded 2012 · 6 employees

Score · fiscal year 2024

45of 100

How to read this: the company is ahead of 42 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 657 of 1,137 · What are Morning company classes?
Place in the whole sector: 988 of 1,663 · Annen tjenesteyting

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 84 and solidity 14 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Furene Bil AS is 5 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 1,137 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 17.9% (median 3.1%) and equity ratio 4.3% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue9 MNOK3 MNOK
Operating margin 17.9% 3.1% 89 %
Profit margin 14.7% 2.7% shown, not part of the index
Return on assets 24.4% 8.6% 79 %
Equity ratio 4.3% 32.6% 24 %
Debt-to-equity 22.26 1.38 4 %
Current ratio 0.58 1.43 13 %
Revenue growth 3.7% 3.8% 49 %
Revenue per employee1.56 MNOK0.64 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 45, Furene Bil AS does better than 42% of companies in the Morning class Micro in the same sector (1,137 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Furene Bil AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Furene Bil AS had an operating margin of 17.9% and an equity ratio of 4.3% in 2024, and ranks 988 of 1,663 in Annen tjenesteyting.

From 2023 to 2024: the operating margin fell from 20.5% to 17.9%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 10 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.0 MNOK 10.0 10 MNOK
EV/EBIT Operating profit: 1.7 MNOK
minus net debt 3.6 MNOK
8.0 10 MNOK
P/B Equity: 0.3 MNOK 1.0 0 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

Indications · 2024

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 4.3% (median 32.6%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.7 times current assets.

    Based on: Current ratio 0.58 (median 1.43).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 4.9% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

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 −0.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability84 weight 30%
Solidity14 weight 25%
Liquidity13 weight 15%
Growth49 weight 15%
Consistency48 weight 15%

Durability: 44 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Furene Bil AS?

The operating margin was 17.9% in 2024, against a median of 3.1% among companies in the Morning class Micro in the same sector. Return on assets was 24.4%.

How solid is Furene Bil AS?

The equity ratio was 4.3% in 2024 (median 32.6%). Debt-to-equity was 22.26 (median 1.38).

What is the liquidity of Furene Bil AS like?

The current ratio was 0.58 in 2024 (median 1.43). Current assets did not cover current liabilities.

How does Furene Bil AS compare in Annen tjenesteyting?

Furene Bil AS ranks 988 of 1,663 in Annen tjenesteyting for 2024. Among companies in the Morning class Micro it is number 657 of 1,137. Revenue changed by 3.7% from the year before.

From the Central Coordinating Register

Org. no.
897818132
Legal form
AS
Sector
Annen tjenesteyting (95.310)
Morning company class
Micro
Employees
6 registered 10 October 2026
Founded
1 January 2012 14 years in operation
Share capital
0.30 MNOK
Business address
Furene Industriområde, 6105 VOLDA
Municipality
Volda rank 20–36 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
www.fur-bil.no

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

Loading roles …

Source: Central Coordinating Register, fetched 1 November 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.

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index424548
Rank1,007988910
Operating margin20.5%17.9%20.2%
Return on assets23.5%24.4%32.4%
Equity ratio3.8%4.3%4.5%
Current ratio0.710.580.49
Revenue growth–3.7%14.0%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue9.1 MNOK9.4 MNOK10.7 MNOK
Operating profit1.9 MNOK1.7 MNOK2.2 MNOK
Profit before tax1.5 MNOK1.4 MNOK1.9 MNOK
Net profit1.2 MNOK1.0 MNOK1.5 MNOK
Financial expenses0.3 MNOK0.3 MNOK0.3 MNOK
Total assets8.0 MNOK7.0 MNOK6.7 MNOK
Current assets1.9 MNOK1.4 MNOK1.4 MNOK
Equity0.3 MNOK0.3 MNOK0.3 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.0 MNOK
Total liabilities7.7 MNOK6.7 MNOK6.4 MNOK
Current liabilities2.6 MNOK2.5 MNOK2.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5846527.