FLIS OG MURMESTER AS

Org. no. 913817397 · NOTODDEN · Founded 2014 · 7 employees

Score · fiscal year 2025

52of 100

How to read this: the company is ahead of 54 % of small companies in the same sector in 2025. What does this mean?

Rank: 15,128 of 32,582 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 23 and solidity 64 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

FLIS OG MURMESTER AS is 2 points above 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 −4.6% (median 3.7%) and equity ratio 55.5% (median 36.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue10 MNOK3 MNOK
Operating margin −4.6% 3.7% 23 %
Profit margin −4.1% 3.4% shown, not part of the index
Return on assets −6.5% 5.7% 23 %
Equity ratio 55.5% 36.5% 67 %
Debt-to-equity 0.80 1.20 61 %
Current ratio 1.47 1.45 51 %
Revenue growth 65.1% 3.0% 86 %
Revenue per employee1.41 MNOK1.46 MNOK

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 52, FLIS OG MURMESTER AS does better than 54% of small companies in the same sector (31,720 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FLIS OG MURMESTER AS
  • Median: small companies in the same sector
Summary analysis

FLIS OG MURMESTER AS has a score of 52 for 2025, rank 15,128 of 32,582 in the sector.

Strongest: Growth: percentile 86 against peers, revenue growth 65.1% against a median of 3.0%. Solidity: percentile 64 against peers, equity ratio 55.5% against a median of 36.5%.

Weakest: Profitability: percentile 23 against peers, operating margin −4.6% against a median of 3.7%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

FLIS OG MURMESTER AS had an operating margin of −4.6% and an equity ratio of 55.5% in 2025, and ranks 15,128 of 32,582 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 65% and the operating margin fell from −0.2% to −4.6%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.5 MNOK 8.0 not meaningful
P/B Equity: 3.4 MNOK 1.0 3 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 · 2025

Worth a closer look

  • watch

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

    Based on: Profit margin −4.1% (median 3.4%).

  • 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 −4.6% (median 3.7%).

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

Data quality

No anomalies found in the figures.

Stress test · 2022

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

Components · 2025

What the score is made of

Profitability23 weight 30%
Solidity64 weight 25%
Liquidity51 weight 15%
Growth86 weight 15%
Consistency56 weight 15%

Durability: 53 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is FLIS OG MURMESTER AS?

The operating margin was −4.6% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was −6.5%. The company made a loss before tax.

How solid is FLIS OG MURMESTER AS?

The equity ratio was 55.5% in 2025 (median 36.5%). Debt-to-equity was 0.80 (median 1.20).

What is the liquidity of FLIS OG MURMESTER AS like?

The current ratio was 1.47 in 2025 (median 1.45).

How does FLIS OG MURMESTER AS compare in Bygg og anlegg?

FLIS OG MURMESTER AS ranks 15,128 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 14,630 of 31,720. Revenue changed by 65.1% from the year before.

From the Central Coordinating Register

Org. no.
913817397
Legal form
AS
Sector
Bygg og anlegg (43.910)
Size tier
small
Employees
7 registered 10 October 2026
Founded
17 June 2014 12 years in operation
Share capital
0.06 MNOK
Business address
Heddalsvegen 41, 3674 NOTODDEN
Municipality
Notodden rank 22–36 of 38 in KOSTRA group 7
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
Ruslan Victor Birna
Chair of the board
Borgar Løberg
Board member
Ruslan Victor Birna
Auditor
REVISORTEAM MIDT-TELEMARK 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index614752
Rank9,48417,48215,128
Operating margin3.1%−0.2%−4.6%
Return on assets7.2%−0.2%−6.5%
Equity ratio55.2%62.3%55.5%
Current ratio1.691.841.47
Revenue growth–−62.9%65.1%

Accounts

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

Key figure202320242025
Operating revenue16.1 MNOK6.0 MNOK9.8 MNOK
Operating profit0.5 MNOK0.0 MNOK−0.5 MNOK
Profit before tax0.5 MNOK0.0 MNOK−0.4 MNOK
Net profit0.4 MNOK0.0 MNOK−0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets7.1 MNOK6.2 MNOK6.2 MNOK
Current assets5.2 MNOK4.2 MNOK4.0 MNOK
Equity3.9 MNOK3.9 MNOK3.4 MNOK
Retained earnings3.8 MNOK3.8 MNOK3.4 MNOK
Total liabilities3.2 MNOK2.3 MNOK2.8 MNOK
Current liabilities3.1 MNOK2.3 MNOK2.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7157771.