FØRE AS

Org. no. 925549738 · NOME · Founded 2020 · 18 employees

Score · fiscal year 2023

53of 100

How to read this: the company is ahead of 56 % of small companies in the same sector in 2023. What does this mean?

Rank: 610 of 1,405 · Kraft og energi

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 59 and solidity 57 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

FØRE AS is 4 points above the median for small companies in the same sector in 2023.

Median score 49 among 1,151 companies.

Against small companies in the same sector in 2023: operating margin 22.6% (median 21.3%) and equity ratio 52.0% (median 38.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue99 MNOK3 MNOK
Operating margin 22.6% 21.3% 52 %
Profit margin 17.2% 16.3% shown, not part of the index
Return on assets 6.7% 3.1% 66 %
Equity ratio 52.0% 38.5% 61 %
Debt-to-equity 0.92 1.02 54 %
Current ratio 0.25 1.65 13 %
Revenue growth – – not compared
Revenue per employee5.49 MNOK2.20 MNOK

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

With an index of 53, FØRE AS does better than 56% of small companies in the same sector (1,156 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • FØRE AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

FØRE AS had an operating margin of 22.6% and an equity ratio of 52.0% in 2023, and ranks 610 of 1,405 in Kraft og energi.

FØRE AS did better than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 132 MNOK and 182 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 13.2 MNOK 10.0 132 MNOK
EV/EBIT Operating profit: 22.3 MNOK
minus net debt 40.7 MNOK
8.0 138 MNOK
P/B Equity: 181.6 MNOK 1.0 182 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

  • critical

    Consider strengthening liquidity: current liabilities are 3.9 times current assets.

    Based on: Current ratio 0.25 (median 1.65).

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

Financial costs were 3.8% 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.

Data quality

No anomalies found in the figures.

Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was 27.1% in 2025 (sector median 12.6%), 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 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability59 weight 30%
Solidity57 weight 25%
Liquidity13 weight 15%
Growth– no data, left out
Consistency72 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is FØRE AS?

The operating margin was 22.6% in 2023, against a median of 21.3% among small companies in the same sector. Return on assets was 6.7%.

How solid is FØRE AS?

The equity ratio was 52.0% in 2023 (median 38.5%). Debt-to-equity was 0.92 (median 1.02).

What is the liquidity of FØRE AS like?

The current ratio was 0.25 in 2023 (median 1.65). Current assets did not cover current liabilities.

How does FØRE AS compare in Kraft og energi?

FØRE AS ranks 610 of 1,405 in Kraft og energi for 2023. Among companies of the same size (small companies) it ranks 510 of 1,156.

From the Central Coordinating Register

Org. no.
925549738
Legal form
AS
Sector
Kraft og energi (35.140)
Size tier
small
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 25 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?

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index535959
Rank610427497
Operating margin22.6%19.1%27.1%
Return on assets6.7%6.9%7.7%
Equity ratio52.0%54.5%58.7%
Current ratio0.250.190.19
Revenue growth–16.0%8.6%

Accounts

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

Key figure202320242025
Operating revenue98.8 MNOK114.7 MNOK124.6 MNOK
Operating profit22.3 MNOK21.9 MNOK33.7 MNOK
Profit before tax17.0 MNOK14.8 MNOK28.6 MNOK
Net profit13.2 MNOK11.4 MNOK22.1 MNOK
Financial expenses6.4 MNOK10.0 MNOK–
Total assets349.3 MNOK360.6 MNOK373.5 MNOK
Current assets31.9 MNOK22.3 MNOK21.9 MNOK
Equity181.6 MNOK196.4 MNOK219.1 MNOK
Retained earnings72.1 MNOK86.9 MNOK109.6 MNOK
Total liabilities167.7 MNOK164.1 MNOK154.4 MNOK
Current liabilities125.8 MNOK119.6 MNOK114.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5199843.

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