FUTURE WAVES AS
Score · fiscal year 2024
30of 100
How to read this: the company is ahead of 20 % of small companies in the same sector in 2024. What does this mean?
Rank: 29,939 of 37,175 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 26 and solidity 17 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
FUTURE WAVES AS is 20 points below the median for small companies in the same sector in 2024.
Median score 50 among 34,772 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 2.2% |
| Profit margin | – | 2.0% |
| Return on assets | −5.3% | 3.7% |
| Equity ratio | 8.0% | 38.3% |
| Debt-to-equity | 11.48 | 0.97 |
| Current ratio | 2.10 | 1.68 |
| Revenue growth | – | 2.2% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 30, FUTURE WAVES AS does better than 20% of small companies in the same sector (34,889 companies) in 2024.
Score 2024–2025
- FUTURE WAVES AS
- Median: small companies in the same sector
What the numbers say
FUTURE WAVES AS had an operating margin of – and an equity ratio of 8.0% in 2024, and ranks 29,939 of 37,175 in Handel.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 8.0% (median 38.3%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 2.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 26 | weight 30% |
|---|---|---|
| Solidity | 17 | weight 25% |
| Liquidity | 59 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 30 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is FUTURE WAVES AS?
The operating margin was – in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was −5.3%. The company made a loss before tax.
How solid is FUTURE WAVES AS?
The equity ratio was 8.0% in 2024 (median 38.3%). Debt-to-equity was 11.48 (median 0.97).
What is the liquidity of FUTURE WAVES AS like?
The current ratio was 2.10 in 2024 (median 1.68).
How does FUTURE WAVES AS compare in Handel?
FUTURE WAVES AS ranks 29,939 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 27,826 of 34,889.
From the Central Coordinating Register
- Org. no.
- 934359232
- Legal form
- AS
- Sector
- Handel (46.440)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 18 September 2024 2 years in operation
- Share capital
- 0.13 MNOK
- Business address
- Austadveien 2, 3043 DRAMMEN
- Municipality
- Drammen rank 10 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 28 October 2024
- 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
- Alexander Huitfeldt Bakke
- Chair of the board
- Knut Harald Aas Jacobsen
- Board member
- Arild Bjørn-Larsen
- Board member
- Bent-Håkon Lauritzen
- Board member
- Alexander Huitfeldt Bakke
- Board member
- Anne Mari Hoff
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 · 2024–2025
| Key figure | 2024 | 2025 | Trend |
|---|---|---|---|
| Index | 30 | 53 | |
| Rank | 29,939 | 17,039 | |
| Operating margin | – | −57.1% | |
| Return on assets | −5.3% | −60.4% | |
| Equity ratio | 8.0% | 93.4% | |
| Current ratio | 2.10 | 13.97 | |
| Revenue growth | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2024 | 2025 |
|---|---|---|
| Operating revenue | – | 5.0 MNOK |
| Operating profit | 0.0 MNOK | −2.8 MNOK |
| Profit before tax | 0.0 MNOK | −2.8 MNOK |
| Net profit | 0.0 MNOK | −2.8 MNOK |
| Financial expenses | – | 0.0 MNOK |
| Total assets | 0.8 MNOK | 4.6 MNOK |
| Current assets | 0.4 MNOK | 4.2 MNOK |
| Equity | 0.1 MNOK | 4.3 MNOK |
| Retained earnings | 0.0 MNOK | 0.0 MNOK |
| Total liabilities | 0.7 MNOK | 0.3 MNOK |
| Current liabilities | 0.2 MNOK | 0.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5894061.
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