Funlab AS

Org. no. 916887558 · Tromsø · Founded 2016 · 5 employees

Score · fiscal year 2025

53of 100

How to read this: the company is ahead of 58 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 227 of 536 · What are Morning company classes?
Place in the whole sector: 368 of 885 · Undervisning

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 69 and solidity 38 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Funlab AS is 4 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 536 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 17.9% (median 3.2%) and equity ratio 25.7% (median 31.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue5 MNOK3 MNOK
Operating margin 17.9% 3.2% 88 %
Profit margin 7.8% 2.8% shown, not part of the index
Return on assets 8.9% 8.5% 51 %
Equity ratio 25.7% 31.6% 45 %
Debt-to-equity 2.89 1.43 31 %
Current ratio 1.17 1.43 39 %
Revenue growth 11.0% 4.5% 66 %
Revenue per employee0.91 MNOK0.47 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 53, Funlab AS does better than 58% of companies in the Morning class Micro in the same sector (536 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Funlab AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Funlab AS has a score of 53 for 2025, rank 368 of 885 in the sector.

Strongest: Profitability: percentile 69 against peers, operating margin 17.9% against a median of 3.2%. Growth: percentile 66 against peers, revenue growth 11.0% against a median of 4.5%.

Weakest: Solidity: percentile 38 against peers, equity ratio 25.7% against a median of 31.6%. Liquidity: percentile 39 against peers, current ratio 1.17 against a median of 1.43.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Funlab AS had an operating margin of 17.9% and an equity ratio of 25.7% in 2025, and ranks 368 of 885 in Undervisning.

From 2024 to 2025: the operating margin rose from 10.5% to 17.9% and revenue grew by 11%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt −0.9 MNOK
8.0 7 MNOK
P/B Equity: 2.4 MNOK 1.0 2 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 · 2025

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 6.9% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2021

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 −5.7%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability69 weight 30%
Solidity38 weight 25%
Liquidity39 weight 15%
Growth66 weight 15%
Consistency46 weight 15%

Durability: 46 (average over 3 years)

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

2025

Questions and answers

How profitable is Funlab AS?

The operating margin was 17.9% in 2025, against a median of 3.2% among companies in the Morning class Micro in the same sector. Return on assets was 8.9%.

How solid is Funlab AS?

The equity ratio was 25.7% in 2025 (median 31.6%). Debt-to-equity was 2.89 (median 1.43).

What is the liquidity of Funlab AS like?

The current ratio was 1.17 in 2025 (median 1.43).

How does Funlab AS compare in Undervisning?

Funlab AS ranks 368 of 885 in Undervisning for 2025. Among companies in the Morning class Micro it is number 227 of 536. Revenue changed by 11.0% from the year before.

From the Central Coordinating Register

Org. no.
916887558
Legal form
AS
Sector
Undervisning (85.510)
Morning company class
Micro
Employees
5 registered 10 August 2025
Founded
9 March 2016 10 years in operation
Share capital
2.20 MNOK
Business address
Tromsøysundvegen 5, 9020 TROMSDALEN (TROMSØ)
Municipality
Tromsø rank 9 of 11 in KOSTRA group 12
Audit
Audit opted out from 14 March 2016
Latest accounts filed
2025

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 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index394553
Rank602573368
Operating margin0.6%10.5%17.9%
Return on assets3.9%5.0%8.9%
Equity ratio33.8%25.2%25.7%
Current ratio1.400.441.17
Revenue growth–13.3%11.0%

Accounts

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

Key figure202320242025
Operating revenue3.6 MNOK4.1 MNOK4.5 MNOK
Operating profit0.0 MNOK0.4 MNOK0.8 MNOK
Profit before tax0.0 MNOK0.1 MNOK0.4 MNOK
Net profit0.0 MNOK0.1 MNOK0.3 MNOK
Financial expenses0.0 MNOK0.3 MNOK0.5 MNOK
Total assets0.6 MNOK8.6 MNOK9.3 MNOK
Current assets0.5 MNOK0.3 MNOK1.0 MNOK
Equity0.2 MNOK2.2 MNOK2.4 MNOK
Retained earnings−0.1 MNOK0.0 MNOK0.2 MNOK
Total liabilities0.4 MNOK6.4 MNOK6.9 MNOK
Current liabilities0.4 MNOK0.8 MNOK0.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7225736.