NFH FBM 230301 AS
Score · fiscal year 2025
46of 100
How to read this: the company is ahead of 42 % of small companies in the same sector in 2025. What does this mean?
Rank: 738 of 1,253 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 14 and solidity 85 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NFH FBM 230301 AS is 4 points below the median for small companies in the same sector in 2025.
Median score 50 among 810 companies.
Against small companies in the same sector in 2025: operating margin −60.0% (median 6.8%) and equity ratio 98.9% (median 47.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 38 MNOK | 4 MNOK |
| Operating margin | −60.0% | 6.8% |
| Profit margin | −63.0% | 6.8% |
| Return on assets | −14.8% | 2.6% |
| Equity ratio | 98.9% | 47.7% |
| Debt-to-equity | 0.01 | 0.72 |
| Current ratio | 9.01 | 1.67 |
| Revenue growth | −61.4% | 0.7% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 46, NFH FBM 230301 AS does better than 42% of small companies in the same sector (814 companies) in 2025.
Score 2023–2025
- NFH FBM 230301 AS
- Median: small companies in the same sector
What the numbers say
NFH FBM 230301 AS had an operating margin of −60.0% and an equity ratio of 98.9% in 2025, and ranks 738 of 1,253 in Sjøfart.
From 2024 to 2025: the operating margin fell from 45.5% to −60.0% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 144 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 144 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
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −63.0% (median 6.8%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −60.0% (median 6.8%).
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
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 2.5%. 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 | 14 | weight 30% |
|---|---|---|
| Solidity | 85 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | 7 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 66 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NFH FBM 230301 AS?
The operating margin was −60.0% in 2025, against a median of 6.8% among small companies in the same sector. Return on assets was −14.8%. The company made a loss before tax.
How solid is NFH FBM 230301 AS?
The equity ratio was 98.9% in 2025 (median 47.7%). Debt-to-equity was 0.01 (median 0.72).
What is the liquidity of NFH FBM 230301 AS like?
The current ratio was 9.01 in 2025 (median 1.67).
How does NFH FBM 230301 AS compare in Sjøfart?
NFH FBM 230301 AS ranks 738 of 1,253 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 470 of 814. Revenue changed by −61.4% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 931025120
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 March 2023 3 years in operation
- Share capital
- 1.00 MNOK
- Business address
- c/o Fearnley Business Management AS, Dronning Eufemias gate 8, 0191 OSLO
- Municipality
- Oslo rank 23–283 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
- Chair of the board
- Johan Lønnmark Werner
- Board member
- Oddbjørn Lende
- Board member
- Felix Benjamin Fürst
- Board member
- Janne Green Heglund
- Board member
- Trond Kyrkjebø
- Auditor
- CEDRA NORGE AS
- Accountant
- FEARNLEY BUSINESS MANAGEMENT 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 | 66 | 85 | 46 | |
| Rank | 198 | 20 | 738 | |
| Operating margin | 41.3% | 45.5% | −60.0% | |
| Return on assets | 2.8% | 27.9% | −14.8% | |
| Equity ratio | 95.1% | 97.8% | 98.9% | |
| Current ratio | 3.72 | 13.38 | 9.01 | |
| Revenue growth | – | 790.7% | −61.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 11.0 MNOK | 98.1 MNOK | 37.8 MNOK |
| Operating profit | 4.5 MNOK | 44.7 MNOK | −22.7 MNOK |
| Profit before tax | 4.4 MNOK | 48.0 MNOK | −23.8 MNOK |
| Net profit | 4.2 MNOK | 47.3 MNOK | −24.3 MNOK |
| Financial expenses | 0.4 MNOK | 0.0 MNOK | 2.2 MNOK |
| Total assets | 173.8 MNOK | 172.1 MNOK | 145.7 MNOK |
| Current assets | 31.6 MNOK | 49.6 MNOK | 14.8 MNOK |
| Equity | 165.3 MNOK | 168.4 MNOK | 144.1 MNOK |
| Retained earnings | 0.0 MNOK | 47.3 MNOK | 23.0 MNOK |
| Total liabilities | 8.5 MNOK | 3.7 MNOK | 1.6 MNOK |
| Current liabilities | 8.5 MNOK | 3.7 MNOK | 1.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7229140.
Further
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