FØRE AS
Score · fiscal year 2024
59of 100
How to read this: the company is ahead of 73 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 427 of 1,488 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 61 and solidity 66 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
FØRE AS is 9 points above the median for medium-sized companies in the same sector in 2024.
Median score 50 among 191 companies.
Against medium-sized companies in the same sector in 2024: operating margin 19.1% (median 15.9%) and equity ratio 54.5% (median 43.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 115 MNOK | 202 MNOK |
| Operating margin | 19.1% | 15.9% |
| Profit margin | 12.9% | 13.3% |
| Return on assets | 6.9% | 5.6% |
| Equity ratio | 54.5% | 43.0% |
| Debt-to-equity | 0.84 | 1.25 |
| Current ratio | 0.19 | 1.24 |
| Revenue growth | 16.0% | −8.3% |
| Revenue per employee | 6.37 MNOK | 6.99 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 59, FØRE AS does better than 73% of medium-sized companies in the same sector (191 companies) in 2024.
Score 2023–2025
- FØRE AS
- Median: medium-sized companies in the same sector
What the numbers say
FØRE AS had an operating margin of 19.1% and an equity ratio of 54.5% in 2024, and ranks 427 of 1,488 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 22.6% to 19.1% and revenue grew by 16%.
FØRE AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 114 MNOK and 196 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 114 MNOK |
| EV/EBIT | 8.0 | 132 MNOK |
| P/B | 1.0 | 196 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 5.4 times current assets.
Based on: Current ratio 0.19 (median 1.24).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.1% 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.
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 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
What the score is made of
| Profitability | 61 | weight 30% |
|---|---|---|
| Solidity | 66 | weight 25% |
| Liquidity | 8 | weight 15% |
| Growth | 83 | weight 15% |
| Consistency | 70 | weight 15% |
Durability: 56 (average over 2 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 19.1% in 2024, against a median of 15.9% among medium-sized companies in the same sector. Return on assets was 6.9%.
How solid is FØRE AS?
The equity ratio was 54.5% in 2024 (median 43.0%). Debt-to-equity was 0.84 (median 1.25).
What is the liquidity of FØRE AS like?
The current ratio was 0.19 in 2024 (median 1.24). Current assets did not cover current liabilities.
How does FØRE AS compare in Kraft og energi?
FØRE AS ranks 427 of 1,488 in Kraft og energi for 2024. Among companies of the same size (medium-sized companies) it ranks 53 of 191. Revenue changed by 16.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 925549738
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- 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 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?
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 | 53 | 59 | 59 | |
| Rank | 610 | 427 | 497 | |
| 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 6142053.
Further
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