FLEXCON AS

Org. no. 918668861 · RINGSAKER · Founded 2017 · 63 employees

Score · fiscal year 2025

52of 100

How to read this: the company is ahead of 53 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 831 of 1,765 · What are Morning company classes?
Place in the whole sector: 9,624 of 20,428 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 56 and solidity 44 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

FLEXCON AS is 2 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 1,764 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 6.3% (median 4.5%) and equity ratio 28.3% (median 30.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue180 MNOK91 MNOK
Operating margin 6.3% 4.5% 62 %
Profit margin 5.4% 4.5% shown, not part of the index
Return on assets 11.3% 11.4% 50 %
Equity ratio 28.3% 30.4% 45 %
Debt-to-equity 2.54 2.23 43 %
Current ratio 1.04 1.38 15 %
Revenue growth 183.2% 6.8% 98 %
Revenue per employee2.85 MNOK2.53 MNOK

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

With an index of 52, FLEXCON AS does better than 53% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FLEXCON AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

FLEXCON AS has a score of 52 for 2025, rank 9,624 of 20,428 in the sector.

Strongest: Growth: percentile 98 against peers, revenue growth 183.2% against a median of 6.8%.

Weakest: Liquidity: percentile 15 against peers, current ratio 1.04 against a median of 1.38.

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

FLEXCON AS had an operating margin of 6.3% and an equity ratio of 28.3% in 2025, and ranks 9,624 of 20,428 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 183% and the equity ratio fell from 60.2% to 28.3%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 29 MNOK and 76 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 7.6 MNOK 10.0 76 MNOK
EV/EBIT Operating profit: 11.4 MNOK
minus net debt 18.6 MNOK
8.0 72 MNOK
P/B Equity: 29.1 MNOK 1.0 29 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

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 183.2% (median 6.8%); Current ratio 1.04 (median 1.38).

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

Financial costs were 2.6% 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 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability56 weight 30%
Solidity44 weight 25%
Liquidity15 weight 15%
Growth98 weight 15%
Consistency46 weight 15%

Durability: 64 (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 FLEXCON AS?

The operating margin was 6.3% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 11.3%.

How solid is FLEXCON AS?

The equity ratio was 28.3% in 2025 (median 30.4%). Debt-to-equity was 2.54 (median 2.23).

What is the liquidity of FLEXCON AS like?

The current ratio was 1.04 in 2025 (median 1.38).

How does FLEXCON AS compare in Bygg og anlegg?

FLEXCON AS ranks 9,624 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 831 of 1,765. Revenue changed by 183.2% from the year before.

From the Central Coordinating Register

Org. no.
918668861
Legal form
AS
Sector
Bygg og anlegg (43.330)
Morning company class
Medium
Employees
63 registered 10 October 2026
Founded
14 February 2017 9 years in operation
Share capital
0.29 MNOK
Business address
Leinskogen 7, 2360 RUDSHØGDA (RINGSAKER)
Municipality
Ringsaker rank 7–12 of 13 in KOSTRA group 10
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

Chief executive
Svein Slåen
Chair of the board
Ole Melhus
Board member
Carl Frithjof Omsted
Auditor
BDO 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index647752
Rank5,4471,3739,624
Operating margin15.0%12.7%6.3%
Return on assets31.1%27.4%11.3%
Equity ratio32.6%60.2%28.3%
Current ratio1.061.721.04
Revenue growth–−14.1%183.2%

Accounts

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

Key figure202320242025
Operating revenue73.9 MNOK63.5 MNOK179.8 MNOK
Operating profit11.1 MNOK8.0 MNOK11.4 MNOK
Profit before tax11.2 MNOK8.2 MNOK9.7 MNOK
Net profit8.7 MNOK6.4 MNOK7.6 MNOK
Financial expenses0.0 MNOK0.0 MNOK1.9 MNOK
Total assets35.8 MNOK30.0 MNOK103.1 MNOK
Current assets25.0 MNOK19.7 MNOK52.7 MNOK
Equity11.7 MNOK18.0 MNOK29.1 MNOK
Retained earnings10.4 MNOK16.8 MNOK27.7 MNOK
Total liabilities24.1 MNOK11.9 MNOK73.9 MNOK
Current liabilities23.7 MNOK11.5 MNOK50.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6622959.