Fxc AS
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | −2,100.0% | 82.0% |
| Profit margin | −1,803.3% | 82.6% |
| Return on assets | −66.5% | 13.8% |
| Equity ratio | 78.8% | 91.8% |
| Debt-to-equity | 0.27 | 0.08 |
| Current ratio | 4.71 | 9.52 |
| Revenue growth | – | 7.6% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
The industry or the company: what drove the result?
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Fxc AS. The figures stand side by side; we claim no cause.
Policy rate (prosent)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | – | – | −2,100.0% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Consumer price index (indeks (2025 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | – | – | −2,100.0% | – |
Source: SSB (14710, CC BY 4.0). Source
Wage index: financial services (indeks)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: financial services, annual average | 87.1 | 90.4 | 94.2 | 98.9 | 103.5 | 107.3 (so far) |
| Change from the year before | +2.9% | +3.8% | +4.1% | +5.0% | +4.6% | +3.7% |
| The company's operating margin | – | – | – | – | −2,100.0% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Fxc AS had an equity ratio of 78.8% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: the equity ratio fell from 98.0% to 78.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 12.3 | not meaningful |
| EV/EBIT | – | not used in the sector |
| P/B | 1.2 | 1 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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 −1,803.3% (median 82.6%).
- 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 −2,100.0% (median 82.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Extreme margin: check 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 −13.5%. Based on the 6 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Fxc AS?
The operating margin was −2,100.0% in 2025, against a median of 82.0% among companies in the same sector. Return on assets was −66.5%. The company made a loss before tax.
How solid is Fxc AS?
The equity ratio was 78.8% in 2025 (median 91.8%). Debt-to-equity was 0.27 (median 0.08).
What is the liquidity of Fxc AS like?
The current ratio was 4.71 in 2025 (median 9.52).
Group structure · 2025
3 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
No owner holds more than half of the shares in Futurexchange AS.
Futurexchange AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
-
Futurexchange AS
- Fxc AS you are here
- Fxc Tech AS
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 827495522
- Legal form
- AS
- Sector
- Finans og forsikring (66.120)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 1 July 2021 5 years in operation
- Share capital
- 0.15 MNOK
- Business address
- Klingenberggata 7, 0161 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 89450060Y8CIFIETFX28 renews 27 June 2027
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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
-
Owned by: Futurexchange AS (100%)
Ultimate owner: Futurexchange AS
- Futurexchange AS · 100.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | −2,100.0% | |
| Return on assets | −94.0% | −1.7% | −66.5% | |
| Equity ratio | 100.0% | 98.0% | 78.8% | |
| Current ratio | – | 49.91 | 4.71 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 0.1 MNOK |
| Operating profit | 0.0 MNOK | −0.1 MNOK | −2.1 MNOK |
| Profit before tax | 0.0 MNOK | −0.1 MNOK | −1.8 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | −0.1 MNOK | −1.8 MNOK |
| Financial expenses | – | – | – |
| Total assets | 0.0 MNOK | 4.0 MNOK | 2.7 MNOK |
| Current assets | 0.0 MNOK | 4.0 MNOK | 2.7 MNOK |
| Equity | 0.0 MNOK | 3.9 MNOK | 2.1 MNOK |
| Retained earnings | 0.0 MNOK | −0.1 MNOK | −1.9 MNOK |
| Total liabilities | 0.0 MNOK | 0.1 MNOK | 0.6 MNOK |
| Current liabilities | – | 0.1 MNOK | 0.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6834084.