FRONTA AS

Org. no. 897768232 · STORD · Founded 2011

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2022

33of 100

How to read this: the company is ahead of 26 % of companies in the same sector in 2022. What does this mean?

Rank: 217 of 294 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2022, not a verdict on the company. Based on profitability 18 and solidity 68 out of 100 among companies in the same sector in 2022. Methodology

Against the sector

FRONTA AS is 15 points below the median for companies in the same sector in 2022.

Median score 48 among 294 companies. The size tier was too small, so the company is compared with the whole sector.

Against companies in the same sector in 2022: operating margin −15.5% (median 5.2%) and equity ratio 30.6% (median 18.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2022

The numbers behind the score

The numbers behind the score · 2022
MeasureCompanyMedianAhead of
Operating revenue139 MNOK123 MNOK
Operating margin −15.5% 5.2% 9 %
Profit margin −30.8% 5.1% shown, not part of the index
Return on assets −8.7% 10.3% 27 %
Equity ratio 30.6% 18.8% 73 %
Debt-to-equity 2.27 4.32 63 %
Current ratio 0.53 1.22 9 %
Revenue growth – – not compared

The median and “ahead of” refer to companies in the same sector in 2022. The bar shows the share of companies the figure is ahead of.

With an index of 33, FRONTA AS does better than 26% of companies in the same sector (294 companies) in 2022.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024
  • FRONTA AS
  • Median: companies in the same sector
Analysis · 2022

What the numbers say

FRONTA AS had an operating margin of −15.5% and an equity ratio of 30.6% in 2022, and ranks 217 of 294 in Bygg og anlegg.

This text is generated automatically from the 2022 accounts.

Estimated value · 2022

Three simple methods

One method gives a figure: 70 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −41.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −21.7 MNOK 8.0 not meaningful
P/B Equity: 70.5 MNOK 1.0 70 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

Indications · 2022

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.9 times current assets.

    Based on: Current ratio 0.53 (median 1.22).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −30.8% (median 5.1%).

  • 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 −15.5% (median 5.2%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 14.3% of the debt in 2022. The policy rate averaged 1.32 % 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.

Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2022

What the score is made of

Profitability18 weight 30%
Solidity68 weight 25%
Liquidity9 weight 15%
Growth– no data, left out
Consistency28 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2022

Questions and answers

How profitable is FRONTA AS?

The operating margin was −15.5% in 2022, against a median of 5.2% among companies in the same sector. Return on assets was −8.7%. The company made a loss before tax.

How solid is FRONTA AS?

The equity ratio was 30.6% in 2022 (median 18.8%). Debt-to-equity was 2.27 (median 4.32).

What is the liquidity of FRONTA AS like?

The current ratio was 0.53 in 2022 (median 1.22). Current assets did not cover current liabilities.

How does FRONTA AS compare in Bygg og anlegg?

FRONTA AS ranks 217 of 294 in Bygg og anlegg for 2022.

Group accounts · 2023

44 of 100

Rank 1122 of 1908 groups with group accounts. Groups are ranked only against each other, not against single companies.

Operating revenue, group
157 MNOK
Operating profit, group
16 MNOK
Profit before tax, group
3 MNOK
Total assets, group
305 MNOK
Equity, group
66 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2022)
Operating margin10.2% –
Return on assets4.0% –
Equity ratio21.5% –
Current ratio2.23 –
Revenue growth11.3% –

Group index in earlier years: 2022: 36 (26 of 37).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2023 (open data, NLOD 2.0).

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.
897768232
Legal form
AS · part of a group
Sector
Bygg og anlegg (41.000)
Size tier
medium
Employees
0–4 (not registered)
Founded
30 November 2011 14 years in operation
Share capital
90.00 MNOK
Business address
Borggata 11, 5417 STORD
Municipality
Stord rank 6–23 of 38 in KOSTRA group 7
Latest accounts filed
2024
LEI
254900BU93U43BIQ0890 renews 10 April 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

Chief executive
Kurt Arne Tyse
Chair of the board
Dag Sandstå
Board member
Kurt Arne Tyse
Auditor
CEDRA NORGE AS
Accountant
LAASTAD PLUSS & MINUS AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index333843
Rank21712,68012,396
Operating margin−15.5%15.0%12.7%
Return on assets−8.7%7.9%14.1%
Equity ratio30.6%31.0%18.6%
Current ratio0.530.640.20
Revenue growth–−11.8%88.8%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202220232024
Operating revenue139.5 MNOK123.1 MNOK232.3 MNOK
Operating profit−21.7 MNOK18.5 MNOK29.5 MNOK
Profit before tax−42.9 MNOK6.8 MNOK−31.5 MNOK
Net profit−41.4 MNOK6.8 MNOK−36.7 MNOK
Financial expenses22.9 MNOK12.9 MNOK62.3 MNOK
Total assets230.5 MNOK249.5 MNOK218.8 MNOK
Current assets26.9 MNOK46.5 MNOK17.3 MNOK
Equity70.5 MNOK77.3 MNOK40.6 MNOK
Retained earnings−27.1 MNOK−20.3 MNOK−49.4 MNOK
Total liabilities160.0 MNOK172.1 MNOK178.2 MNOK
Current liabilities50.7 MNOK72.7 MNOK84.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4540471.