FUNCTION GROUP AS
Score · fiscal year 2023
Not enough data: Revenue not reported
Based on the annual accounts for 2023
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.6% |
| Profit margin | – | 4.6% |
| Return on assets | 2.3% | 11.2% |
| Equity ratio | 56.2% | 27.3% |
| Debt-to-equity | 0.78 | 2.63 |
| Current ratio | 1.36 | 1.34 |
| Revenue growth | – | 24.8% |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
FUNCTION GROUP AS had an equity ratio of 56.2% in 2023. The company is not ranked: revenue not reported.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 184 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 184 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.3% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is FUNCTION GROUP AS?
The operating margin was – in 2023, against a median of 4.6% among companies in the same sector. Return on assets was 2.3%.
How solid is FUNCTION GROUP AS?
The equity ratio was 56.2% in 2023 (median 27.3%). Debt-to-equity was 0.78 (median 2.63).
What is the liquidity of FUNCTION GROUP AS like?
The current ratio was 1.36 in 2023 (median 1.34).
From the Central Coordinating Register
- Org. no.
- 916883935
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 9 March 2016 10 years in operation
- Share capital
- 3.55 MNOK
- Business address
- c/o Function AS, Jørgen Kanitz' gate 28, 1337 SANDVIKA (BÆRUM)
- Municipality
- Bærum rank 1 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- function.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
- Chair of the board
- Runar Kvåle
- Board member
- Rune Flengsrud
- Board member
- Ask Teigen Aas
- Board member
- Thomas Melheim
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 29 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 | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | – | |
| Return on assets | 2.3% | 1.4% | 1.1% | |
| Equity ratio | 56.2% | 100.0% | 98.6% | |
| Current ratio | 1.36 | – | 19.99 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.6 MNOK | −0.8 MNOK | −0.7 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | −161.1 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | −161.6 MNOK |
| Financial expenses | 7.7 MNOK | 5.2 MNOK | 163.3 MNOK |
| Total assets | 327.2 MNOK | 360.6 MNOK | 201.9 MNOK |
| Current assets | 21.3 MNOK | 54.7 MNOK | 57.5 MNOK |
| Equity | 183.8 MNOK | 360.6 MNOK | 199.0 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 143.4 MNOK | 0.0 MNOK | 2.9 MNOK |
| Current liabilities | 15.7 MNOK | – | 2.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4933483.