FH Services AS
Score · fiscal year 2025
54of 100
How to read this: the company is ahead of 61 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 62 of 157 · What are Morning company classes?
Place in the whole sector: 699 of 1,670 · Revisjon, regnskap og rådgivning
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 40 and solidity 67 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
FH Services AS is 5 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 157 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 6.7% (median 10.3%) and equity ratio 37.2% (median 27.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 74 MNOK | 82 MNOK |
| Operating margin | 6.7% | 10.3% |
| Profit margin | 7.2% | 10.5% |
| Return on assets | 23.6% | 25.5% |
| Equity ratio | 37.2% | 27.9% |
| Debt-to-equity | 1.69 | 2.57 |
| Current ratio | 0.99 | 1.15 |
| Revenue growth | 37.2% | 7.8% |
| Revenue per employee | 1.17 MNOK | 1.97 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 54, FH Services AS does better than 61% of companies in the Morning class Medium in the same sector (157 companies) in 2025.
Score 2023–2025
- FH Services AS
- Median: companies in the Morning class Medium in the same sector
FH Services AS has a score of 54 for 2025, rank 699 of 1,670 in the sector.
Strongest: Growth: percentile 89 against peers, revenue growth 37.2% against a median of 7.8%. Solidity: percentile 67 against peers, equity ratio 37.2% against a median of 27.9%.
Weakest: Liquidity: percentile 22 against peers, current ratio 0.99 against a median of 1.15.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.99 (median 1.15).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 37.2% (median 7.8%); current ratio 0.99 (median 1.15).
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
FH Services AS had an operating margin of 6.7% and an equity ratio of 37.2% in 2025, and ranks 699 of 1,670 in Revisjon, regnskap og rådgivning.
From 2024 to 2025: revenue grew by 37% and the operating margin rose from 0.2% to 6.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 8 MNOK and 42 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 41 MNOK |
| EV/EBIT | 8.0 | 42 MNOK |
| P/B | 1.0 | 8 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
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.99 (median 1.15).
- 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 37.2% (median 7.8%); Current ratio 0.99 (median 1.15).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 7.4%. 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 | 40 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | 89 | weight 15% |
| Consistency | 54 | weight 15% |
Durability: 39 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FH Services AS?
The operating margin was 6.7% in 2025, against a median of 10.3% among companies in the Morning class Medium in the same sector. Return on assets was 23.6%.
How solid is FH Services AS?
The equity ratio was 37.2% in 2025 (median 27.9%). Debt-to-equity was 1.69 (median 2.57).
What is the liquidity of FH Services AS like?
The current ratio was 0.99 in 2025 (median 1.15). Current assets did not cover current liabilities.
How does FH Services AS compare in Revisjon, regnskap og rådgivning?
FH Services AS ranks 699 of 1,670 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Medium it is number 62 of 157. Revenue changed by 37.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 919904887
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Morning company class
- Medium
- Employees
- 63 registered 10 October 2026
- Founded
- 7 August 2017 9 years in operation
- Share capital
- 0.63 MNOK
- Business address
- Ruseløkkveien 30, 0251 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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 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 2 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 12 | 50 | 54 | |
| Rank | 1,582 | 834 | 699 | |
| Operating margin | 1.2% | 0.2% | 6.7% | |
| Return on assets | 11.4% | 2.4% | 23.6% | |
| Equity ratio | −9.1% | 28.7% | 37.2% | |
| Current ratio | 0.92 | 1.40 | 0.99 | |
| Revenue growth | – | 89.2% | 37.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 28.4 MNOK | 53.8 MNOK | 73.8 MNOK |
| Operating profit | 0.4 MNOK | 0.1 MNOK | 4.9 MNOK |
| Profit before tax | 0.4 MNOK | 0.3 MNOK | 5.3 MNOK |
| Net profit | 0.4 MNOK | 1.3 MNOK | 4.1 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | – |
| Total assets | 4.3 MNOK | 14.7 MNOK | 22.4 MNOK |
| Current assets | 4.3 MNOK | 14.7 MNOK | 13.9 MNOK |
| Equity | −0.4 MNOK | 4.2 MNOK | 8.3 MNOK |
| Retained earnings | −6.6 MNOK | −5.3 MNOK | −1.2 MNOK |
| Total liabilities | 4.7 MNOK | 10.5 MNOK | 14.1 MNOK |
| Current liabilities | 4.7 MNOK | 10.5 MNOK | 14.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 6731120.
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