FS MUR AS
Score · fiscal year 2025
20of 100
How to read this: the company is ahead of 6 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 29,031 of 32,582 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 7 and solidity 34 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
FS MUR AS is 30 points below the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin −4.1% (median 4.6%) and equity ratio 24.4% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 156 MNOK | 176 MNOK |
| Operating margin | −4.1% | 4.6% |
| Profit margin | −4.5% | 4.6% |
| Return on assets | −8.5% | 10.7% |
| Equity ratio | 24.4% | 31.2% |
| Debt-to-equity | 3.09 | 2.19 |
| Current ratio | 1.17 | 1.36 |
| Revenue growth | −19.1% | 6.6% |
| Revenue per employee | 2.14 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 20, FS MUR AS does better than 6% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- FS MUR AS
- Median: medium-sized companies in the same sector
FS MUR AS has a score of 20 for 2025, rank 29,031 of 32,582 in the sector.
Strongest: Solidity: percentile 34 against peers, equity ratio 24.4% against a median of 31.2%.
Weakest: Profitability: percentile 7 against peers, operating margin −4.1% against a median of 4.6%. Growth: percentile 12 against peers, revenue growth −19.1% against a median of 6.6%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4.5% (median 4.6%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −4.1% (median 4.6%).
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
FS MUR AS had an operating margin of −4.1% and an equity ratio of 24.4% in 2025, and ranks 29,031 of 32,582 in Bygg og anlegg.
From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 6.0% to −4.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 17 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 17 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.5% (median 4.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −4.1% (median 4.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.8% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 7 | weight 30% |
|---|---|---|
| Solidity | 34 | weight 25% |
| Liquidity | 28 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 24 | weight 15% |
Durability: 45 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FS MUR AS?
The operating margin was −4.1% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was −8.5%. The company made a loss before tax.
How solid is FS MUR AS?
The equity ratio was 24.4% in 2025 (median 31.2%). Debt-to-equity was 3.09 (median 2.19).
What is the liquidity of FS MUR AS like?
The current ratio was 1.17 in 2025 (median 1.36).
How does FS MUR AS compare in Bygg og anlegg?
FS MUR AS ranks 29,031 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 973 of 1,030. Revenue changed by −19.1% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 1.1 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 4 December 2024 | Statens vegvesen | Støytiltak - 5 boliger i Agder og Telemark | 1.1 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 915622690
- Legal form
- AS
- Sector
- Bygg og anlegg (43.420)
- Size tier
- medium
- Employees
- 73 registered 10 October 2026
- Founded
- 10 June 2015 11 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Mjåvannssløyfen 299, 4628 KRISTIANSAND S
- Municipality
- Kristiansand rank 2–6 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.fsmur.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
- Erik Solli
- Chair of the board
- Arnstein Repstad
- Board member
- Steffen Lossius Fardal
- Auditor
- REVISJON SØR AS
- Accountant
- AIDER 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 53 | 61 | 20 | |
| Rank | 13,321 | 9,100 | 29,031 | |
| Operating margin | 4.2% | 6.0% | −4.1% | |
| Return on assets | 12.2% | 21.7% | −8.5% | |
| Equity ratio | 31.4% | 32.4% | 24.4% | |
| Current ratio | 1.22 | 1.15 | 1.17 | |
| Revenue growth | – | 41.3% | −19.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 136.9 MNOK | 193.4 MNOK | 156.4 MNOK |
| Operating profit | 5.8 MNOK | 11.5 MNOK | −6.4 MNOK |
| Profit before tax | 5.6 MNOK | 11.2 MNOK | −7.0 MNOK |
| Net profit | 4.3 MNOK | 8.7 MNOK | −5.5 MNOK |
| Financial expenses | 0.3 MNOK | 0.6 MNOK | 1.0 MNOK |
| Total assets | 49.0 MNOK | 54.4 MNOK | 70.7 MNOK |
| Current assets | 34.1 MNOK | 34.1 MNOK | 60.6 MNOK |
| Equity | 15.4 MNOK | 17.6 MNOK | 17.3 MNOK |
| Retained earnings | 14.0 MNOK | 16.3 MNOK | 10.7 MNOK |
| Total liabilities | 33.6 MNOK | 36.8 MNOK | 53.4 MNOK |
| Current liabilities | 28.0 MNOK | 29.7 MNOK | 51.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7231232.
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