FIRE EATER AS

Org. no. 923119485 · Randaberg · Founded 2019 · 30 employees

Score · fiscal year 2023

57of 100

How to read this: the company is ahead of 62 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 1,258 of 3,284 · What are Morning company classes?
Place in the whole sector: 8,158 of 21,201 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 84 and solidity 39 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

FIRE EATER AS is 7 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,284 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 10.9% (median 2.9%) and equity ratio 23.4% (median 29.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue56 MNOK91 MNOK
Operating margin 10.9% 2.9% 89 %
Profit margin 9.8% 2.7% shown, not part of the index
Return on assets 21.8% 11.6% 79 %
Equity ratio 23.4% 29.5% 40 %
Debt-to-equity 3.27 2.32 38 %
Current ratio 1.21 1.39 34 %
Revenue growth – 5.2% not compared
Revenue per employee1.87 MNOK4.75 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 57, FIRE EATER AS does better than 62% of companies in the Morning class Medium in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FIRE EATER AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

FIRE EATER AS had an operating margin of 10.9% and an equity ratio of 23.4% in 2023, and ranks 8,158 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 7 MNOK and 49 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.3 MNOK 10.0 43 MNOK
EV/EBIT Operating profit: 6.1 MNOK
minus net debt 0.2 MNOK
8.0 49 MNOK
P/B Equity: 6.6 MNOK 1.0 7 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 · 2023

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 3.1% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability84 weight 30%
Solidity39 weight 25%
Liquidity34 weight 15%
Growth– no data, left out
Consistency– no data, left out

Index version 2. Data completeness 70%: the share of the weights that had data.

2023

Questions and answers

How profitable is FIRE EATER AS?

The operating margin was 10.9% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 21.8%.

How solid is FIRE EATER AS?

The equity ratio was 23.4% in 2023 (median 29.5%). Debt-to-equity was 3.27 (median 2.32).

What is the liquidity of FIRE EATER AS like?

The current ratio was 1.21 in 2023 (median 1.39).

How does FIRE EATER AS compare in Handel?

FIRE EATER AS ranks 8,158 of 21,201 in Handel for 2023. Among companies in the Morning class Medium it is number 1,258 of 3,284.

From the Central Coordinating Register

Org. no.
923119485
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
30 registered 10 July 2026
Founded
1 July 2019 7 years in operation
Share capital
0.90 MNOK
Business address
Randabergveien 300B, 4073 RANDABERG
Municipality
Randaberg rank 11 of 38 in KOSTRA group 7
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
Halvor Bergsaker
Chair of the board
Ivan Robert Grosser
Board member
Thomas Lentoft
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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index576852
Rank8,1583,81510,571
Operating margin10.9%18.6%14.6%
Return on assets21.8%49.0%43.6%
Equity ratio23.4%25.0%25.0%
Current ratio1.211.321.32
Revenue growth–98.7%−23.6%

Accounts

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

Key figure202320242025
Operating revenue56.2 MNOK111.6 MNOK85.2 MNOK
Operating profit6.1 MNOK20.7 MNOK12.5 MNOK
Profit before tax5.5 MNOK20.6 MNOK12.4 MNOK
Net profit4.3 MNOK16.0 MNOK9.6 MNOK
Financial expenses0.7 MNOK0.4 MNOK0.5 MNOK
Total assets28.4 MNOK42.8 MNOK29.5 MNOK
Current assets25.2 MNOK40.2 MNOK26.9 MNOK
Equity6.6 MNOK10.7 MNOK7.4 MNOK
Retained earnings–8.9 MNOK6.5 MNOK
Total liabilities21.7 MNOK32.1 MNOK22.2 MNOK
Current liabilities20.9 MNOK30.4 MNOK20.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5322811.

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