FRIGSTAD ELEKTRO AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 37 % of small companies in the same sector in 2025. What does this mean?
Rank: 20,560 of 32,582 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 9 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
FRIGSTAD ELEKTRO AS is 6 points below the median for small companies in the same sector in 2025.
Median score 50 among 31,472 companies.
Against small companies in the same sector in 2025: operating margin 2.7% (median 3.7%) and equity ratio 0.6% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | 2.7% | 3.7% |
| Profit margin | 4.0% | 3.4% |
| Return on assets | 8.2% | 5.7% |
| Equity ratio | 0.6% | 36.5% |
| Debt-to-equity | 163.32 | 1.20 |
| Current ratio | 0.95 | 1.45 |
| Revenue growth | 93.3% | 3.0% |
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 44, FRIGSTAD ELEKTRO AS does better than 37% of small companies in the same sector (31,720 companies) in 2025.
Score 2023–2025
- FRIGSTAD ELEKTRO AS
- Median: small companies in the same sector
FRIGSTAD ELEKTRO AS has a score of 44 for 2025, rank 20,560 of 32,582 in the sector.
Strongest: Growth: percentile 90 against peers, revenue growth 93.3% against a median of 3.0%.
Weakest: Solidity: percentile 9 against peers, equity ratio 0.6% against a median of 36.5%. Liquidity: percentile 27 against peers, current ratio 0.95 against a median of 1.45.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 0.6% (median 36.5%).
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.95 (median 1.45).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 93.3% (median 3.0%); current ratio 0.95 (median 1.45).
- What lies behind weak solidity, and will it last?
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
FRIGSTAD ELEKTRO AS had an operating margin of 2.7% and an equity ratio of 0.6% in 2025, and ranks 20,560 of 32,582 in Bygg og anlegg.
From 2024 to 2025: went from a loss to a profit before tax and revenue grew by 93%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| 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 0.6% (median 36.5%).
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.95 (median 1.45).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 93.3% (median 3.0%); Current ratio 0.95 (median 1.45).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.1% of the debt in 2025. The policy rate averaged 4.30 % 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
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 50 | weight 30% |
|---|---|---|
| Solidity | 9 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | 90 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 33 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FRIGSTAD ELEKTRO AS?
The operating margin was 2.7% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 8.2%.
How solid is FRIGSTAD ELEKTRO AS?
The equity ratio was 0.6% in 2025 (median 36.5%). Debt-to-equity was 163.32 (median 1.20).
What is the liquidity of FRIGSTAD ELEKTRO AS like?
The current ratio was 0.95 in 2025 (median 1.45). Current assets did not cover current liabilities.
How does FRIGSTAD ELEKTRO AS compare in Bygg og anlegg?
FRIGSTAD ELEKTRO AS ranks 20,560 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 19,838 of 31,720. Revenue changed by 93.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 984699042
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 7 July 2002 24 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Tingtjønn 8, 4724 IVELAND
- Municipality
- Iveland rank 3–20 of 25 in KOSTRA group 14
- Audit
- Audit opted out from 23 November 2017
- 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
- Ernst Frigstad
- Chair of the board
- Ernst Frigstad
- Board member
- Linda Frigstad
- Accountant
- REVISJONSFIRMA RUNE SVENDSEN 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 23 | 34 | 44 | |
| Rank | 24,512 | 23,887 | 20,560 | |
| Operating margin | 4.5% | −2.3% | 2.7% | |
| Return on assets | 4.3% | −0.7% | 8.2% | |
| Equity ratio | −10.7% | −2.7% | 0.6% | |
| Current ratio | 0.66 | 0.90 | 0.95 | |
| Revenue growth | – | 206.4% | 93.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.6 MNOK | 1.9 MNOK | 3.7 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Profit before tax | 0.0 MNOK | −0.1 MNOK | 0.1 MNOK |
| Net profit | 0.0 MNOK | −0.1 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.4 MNOK |
| Total assets | 0.7 MNOK | 6.0 MNOK | 6.9 MNOK |
| Current assets | 0.3 MNOK | 0.8 MNOK | 1.7 MNOK |
| Equity | −0.1 MNOK | −0.2 MNOK | 0.0 MNOK |
| Retained earnings | −0.2 MNOK | −0.3 MNOK | −0.1 MNOK |
| Total liabilities | 0.7 MNOK | 6.2 MNOK | 6.9 MNOK |
| Current liabilities | 0.5 MNOK | 0.9 MNOK | 1.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6341267.
Further
Similar companies
- EEE HOLDING AS index 44, rank 20,557 · compare
- KÖNIG NORGE AS index 44, rank 20,558 · compare
- KSP AS index 44, rank 20,559 · compare
- KNUT MALMBERG AS index 44, rank 20,561 · compare
- ESPEGARD ELEKTRO AS index 44, rank 20,562 · compare