FØRE AS
Score · fiscal year 2025
60of 100
How to read this: the company is ahead of 75 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 49 of 193 · What are Morning company classes?
Place in the whole sector: 260 of 876 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 68 and solidity 74 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
FØRE AS is 11 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 49 among 193 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 27.1% (median 13.3%) and equity ratio 58.7% (median 43.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 125 MNOK | 131 MNOK |
| Operating margin | 27.1% | 13.3% |
| Profit margin | 22.9% | 12.8% |
| Return on assets | 7.7% | 6.1% |
| Equity ratio | 58.7% | 43.4% |
| Debt-to-equity | 0.70 | 1.28 |
| Current ratio | 0.19 | 1.15 |
| Revenue growth | 8.6% | 5.6% |
| Revenue per employee | 6.92 MNOK | 4.95 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 60, FØRE AS does better than 75% of companies in the Morning class Medium in the same sector (193 companies) in 2025.
Score 2023–2025
- FØRE AS
- Median: companies in the Morning class Medium in the same sector
FØRE AS has a score of 60 for 2025, rank 260 of 876 in the sector.
Strongest: Solidity: percentile 74 against peers, equity ratio 58.7% against a median of 43.4%. Consistency: percentile 72 against peers.
Weakest: Liquidity: percentile 7 against peers, current ratio 0.19 against a median of 1.15.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 5.2 times current assets. Based on: current ratio 0.19 (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
FØRE AS had an operating margin of 27.1% and an equity ratio of 58.7% in 2025, and ranks 260 of 876 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 19.1% to 27.1%.
FØRE AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 219 MNOK and 271 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 221 MNOK |
| EV/EBIT | 8.0 | 271 MNOK |
| P/B | 1.0 | 219 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 5.2 times current assets.
Based on: Current ratio 0.19 (median 1.15).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 27.1% in 2025 (sector median 15.8%), and the equity ratio 58.7%. In the other years the operating margin averaged 20.8%.
The sector's weakest year was 2025, with a median operating margin of 15.8%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 68 | weight 30% |
|---|---|---|
| Solidity | 74 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | 59 | weight 15% |
| Consistency | 72 | weight 15% |
Durability: 56 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FØRE AS?
The operating margin was 27.1% in 2025, against a median of 13.3% among companies in the Morning class Medium in the same sector. Return on assets was 7.7%.
How solid is FØRE AS?
The equity ratio was 58.7% in 2025 (median 43.4%). Debt-to-equity was 0.70 (median 1.28).
What is the liquidity of FØRE AS like?
The current ratio was 0.19 in 2025 (median 1.15). Current assets did not cover current liabilities.
How does FØRE AS compare in Kraft og energi?
FØRE AS ranks 260 of 876 in Kraft og energi for 2025. Among companies in the Morning class Medium it is number 49 of 193. Revenue changed by 8.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 925549738
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Morning company class
- Medium
- Employees
- 18 registered 10 October 2026
- Founded
- 25 May 2020 6 years in operation
- Share capital
- 6.00 MNOK
- Business address
- Grønvoldvegen 1, 3830 ULEFOSS (NOME)
- Municipality
- Nome rank 16–30 of 33 in KOSTRA group 5
- Latest accounts filed
- 2025
- Website
- foere.net
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
- Jon Arne Mørch Jonassen
- Chair of the board
- Roar Snippen
- Board member
- Audun Thorstensen
- Board member
- Sven Tore Dammen
- Board member
- Alfhild Stokke
- Board member
- Rønnaug Woxen Thoen
- Board member
- Benjamin Natanael Selmer
- Deputy member
- Lars Halvor Ova Johnsen
- Deputy member
- Sandra Næss
- Deputy member
- Even Dokka Simonsen
- Auditor
- CEDRA NORGE 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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 50 | 59 | 60 | |
| Rank | 415 | 263 | 260 | |
| Operating margin | 22.6% | 19.1% | 27.1% | |
| Return on assets | 6.7% | 6.9% | 7.7% | |
| Equity ratio | 52.0% | 54.5% | 58.7% | |
| Current ratio | 0.25 | 0.19 | 0.19 | |
| Revenue growth | – | 16.0% | 8.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 98.8 MNOK | 114.7 MNOK | 124.6 MNOK |
| Operating profit | 22.3 MNOK | 21.9 MNOK | 33.7 MNOK |
| Profit before tax | 17.0 MNOK | 14.8 MNOK | 28.6 MNOK |
| Net profit | 13.2 MNOK | 11.4 MNOK | 22.1 MNOK |
| Financial expenses | 6.4 MNOK | 10.0 MNOK | – |
| Total assets | 349.3 MNOK | 360.6 MNOK | 373.5 MNOK |
| Current assets | 31.9 MNOK | 22.3 MNOK | 21.9 MNOK |
| Equity | 181.6 MNOK | 196.4 MNOK | 219.1 MNOK |
| Retained earnings | 72.1 MNOK | 86.9 MNOK | 109.6 MNOK |
| Total liabilities | 167.7 MNOK | 164.1 MNOK | 154.4 MNOK |
| Current liabilities | 125.8 MNOK | 119.6 MNOK | 114.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6942776.
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