FLUDIUM AS

Org. no. 913461835 · ARENDAL · Founded 2014

Score · fiscal year 2024

23of 100

How to read this: the company is ahead of 15 % of small companies in the same sector in 2024. What does this mean?

Rank: 24,745 of 28,783 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 32 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

FLUDIUM AS is 27 points below the median for small companies in the same sector in 2024.

Median score 50 among 26,966 companies.

Against small companies in the same sector in 2024: operating margin −1.3% (median 2.1%) and equity ratio −13.1% (median 35.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue19 MNOK3 MNOK
Operating margin −1.3% 2.1% 33 %
Profit margin −3.0% 1.8% shown, not part of the index
Return on assets −3.4% 2.9% 31 %
Equity ratio −13.1% 35.5% 17 %
Debt-to-equity – 1.03 not compared
Current ratio 0.91 1.62 22 %
Revenue growth −0.1% 2.6% 44 %

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

With an index of 23, FLUDIUM AS does better than 15% of small companies in the same sector (27,072 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FLUDIUM AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

FLUDIUM AS had an operating margin of −1.3% and an equity ratio of −13.1% in 2024, and ranks 24,745 of 28,783 in Handel.

From 2023 to 2024: the equity ratio fell from −1.8% to −13.1%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.6 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.2 MNOK 8.0 not meaningful
P/B Equity: −0.7 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −13.1% (median 35.5%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.91 (median 1.62).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −3.0% (median 1.8%).

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

Data quality

  • critical Negative equity
Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability32 weight 30%
Solidity0 weight 25%
Liquidity22 weight 15%
Growth44 weight 15%
Consistency22 weight 15%

Durability: 21 (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 FLUDIUM AS?

The operating margin was −1.3% in 2024, against a median of 2.1% among small companies in the same sector. Return on assets was −3.4%. The company made a loss before tax.

How solid is FLUDIUM AS?

The equity ratio was −13.1% in 2024 (median 35.5%). Equity is negative, so liabilities exceed assets.

What is the liquidity of FLUDIUM AS like?

The current ratio was 0.91 in 2024 (median 1.62). Current assets did not cover current liabilities.

How does FLUDIUM AS compare in Handel?

FLUDIUM AS ranks 24,745 of 28,783 in Handel for 2024. Among companies of the same size (small companies) it ranks 23,030 of 27,072. Revenue changed by −0.1% from the year before.

From the Central Coordinating Register

Org. no.
913461835
Legal form
AS
Sector
Handel (46.340)
Size tier
small
Employees
0–4 (not registered)
Founded
17 January 2014 12 years in operation
Share capital
0.12 MNOK
Business address
Høyveien 16, 4838 ARENDAL
Municipality
Arendal rank 6–10 of 10 in KOSTRA group 11
Latest accounts filed
2025
Website
fludium.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

Chief executive
Gudbrand Berge
Chair of the board
Haldor Berge
Board member
Gudbrand Berge
Auditor
REVISORHUSET AS
Accountant
ENORA AS

Source: Central Coordinating Register, fetched 25 October 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index202353
Rank22,65924,74513,460
Operating margin−2.0%−1.3%7.1%
Return on assets−5.6%−3.4%27.5%
Equity ratio−1.8%−13.1%15.9%
Current ratio1.050.911.21
Revenue growth–−0.1%11.0%

Accounts

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

Key figure202320242025
Operating revenue19.3 MNOK19.3 MNOK21.4 MNOK
Operating profit−0.4 MNOK−0.2 MNOK1.5 MNOK
Profit before tax−0.7 MNOK−0.6 MNOK1.1 MNOK
Net profit−0.3 MNOK−0.6 MNOK1.1 MNOK
Financial expenses0.4 MNOK0.4 MNOK0.5 MNOK
Total assets6.5 MNOK5.4 MNOK5.6 MNOK
Current assets6.2 MNOK5.1 MNOK5.5 MNOK
Equity−0.1 MNOK−0.7 MNOK0.9 MNOK
Retained earnings−0.2 MNOK−0.8 MNOK0.3 MNOK
Total liabilities6.6 MNOK6.1 MNOK4.7 MNOK
Current liabilities5.9 MNOK5.6 MNOK4.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6315405.