Flipzone AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
32of 100
How to read this: the company is ahead of 21 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 215 of 273 · What are Morning company classes?
Place in the whole sector: 807 of 1,028 · Kultur og fritid
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 31 and solidity 10 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Flipzone AS is 18 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 50 among 273 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 0.4% (median 3.6%) and equity ratio 0.9% (median 31.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 17 MNOK | 18 MNOK |
| Operating margin | 0.4% | 3.6% |
| Profit margin | −3.2% | 3.2% |
| Return on assets | 0.6% | 7.0% |
| Equity ratio | 0.9% | 31.0% |
| Debt-to-equity | 111.11 | 1.64 |
| Current ratio | 0.23 | 1.25 |
| Revenue growth | 29.1% | 7.2% |
| Revenue per employee | 0.50 MNOK | 0.53 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 32, Flipzone AS does better than 21% of companies in the Morning class Small in the same sector (273 companies) in 2024.
Score 2022–2024
- Flipzone AS
- Median: companies in the Morning class Small in the same sector
Flipzone AS has a score of 32 for 2024, rank 807 of 1,028 in the sector.
Strongest: Growth: percentile 84 against peers, revenue growth 29.1% against a median of 7.2%.
Weakest: Liquidity: percentile 3 against peers, current ratio 0.23 against a median of 1.25. Solidity: percentile 10 against peers, equity ratio 0.9% against a median of 31.0%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 4.3 times current assets. Based on: current ratio 0.23 (median 1.25).
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 0.9% (median 31.0%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −3.2% (median 3.2%).
- What lies behind weak solidity, 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
Flipzone AS had an operating margin of 0.4% and an equity ratio of 0.9% in 2024, and ranks 807 of 1,028 in Kultur og fritid.
From 2023 to 2024: the operating margin rose from −6.1% to 0.4% and revenue grew by 29%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 0 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
- critical
Consider strengthening liquidity: current liabilities are 4.3 times current assets.
Based on: Current ratio 0.23 (median 1.25).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.9% (median 31.0%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −3.2% (median 3.2%).
- 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 29.1% (median 7.2%); Current ratio 0.23 (median 1.25).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.0% of the debt in 2024. The policy rate averaged 4.50 % 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 31 | weight 30% |
|---|---|---|
| Solidity | 10 | weight 25% |
| Liquidity | 3 | weight 15% |
| Growth | 84 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 20 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Flipzone AS?
The operating margin was 0.4% in 2024, against a median of 3.6% among companies in the Morning class Small in the same sector. Return on assets was 0.6%. The company made a loss before tax.
How solid is Flipzone AS?
The equity ratio was 0.9% in 2024 (median 31.0%). Debt-to-equity was 111.11 (median 1.64).
What is the liquidity of Flipzone AS like?
The current ratio was 0.23 in 2024 (median 1.25). Current assets did not cover current liabilities.
How does Flipzone AS compare in Kultur og fritid?
Flipzone AS ranks 807 of 1,028 in Kultur og fritid for 2024. Among companies in the Morning class Small it is number 215 of 273. Revenue changed by 29.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 918835792
- Legal form
- AS
- Sector
- Kultur og fritid (93.130)
- Morning company class
- Small
- Employees
- 34 registered 10 October 2026
- Founded
- 10 March 2017 9 years in operation
- Share capital
- 7.32 MNOK
- Business address
- Liamyrane 16, 5132 NYBORG (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2024
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 31 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 4 November 2026.
Year by year · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 4 | 24 | 32 | |
| Rank | 13 | 815 | 807 | |
| Operating margin | −11.6% | −6.1% | 0.4% | |
| Return on assets | −15.2% | −7.7% | 0.6% | |
| Equity ratio | −25.9% | 4.9% | 0.9% | |
| Current ratio | 0.07 | 0.26 | 0.23 | |
| Revenue growth | – | −0.4% | 29.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 13.3 MNOK | 13.2 MNOK | 17.1 MNOK |
| Operating profit | −1.5 MNOK | −0.8 MNOK | 0.1 MNOK |
| Profit before tax | −1.9 MNOK | −1.4 MNOK | −0.5 MNOK |
| Net profit | −1.5 MNOK | −1.1 MNOK | −0.4 MNOK |
| Financial expenses | 0.4 MNOK | 0.6 MNOK | 0.6 MNOK |
| Total assets | 10.1 MNOK | 10.5 MNOK | 10.2 MNOK |
| Current assets | 0.4 MNOK | 1.1 MNOK | 1.4 MNOK |
| Equity | −2.6 MNOK | 0.5 MNOK | 0.1 MNOK |
| Retained earnings | −4.9 MNOK | −6.0 MNOK | −6.5 MNOK |
| Total liabilities | 12.7 MNOK | 9.9 MNOK | 10.1 MNOK |
| Current liabilities | 6.3 MNOK | 4.0 MNOK | 5.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 6343063.
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