FUNCTION GROUP AS
Score · fiscal year 2025
61of 100
How to read this: the company is ahead of 75 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 8,980 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 17 and solidity 98 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
FUNCTION GROUP AS is 11 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.6% |
| Profit margin | – | 4.6% |
| Return on assets | 1.1% | 10.7% |
| Equity ratio | 98.6% | 31.2% |
| Debt-to-equity | 0.01 | 2.19 |
| Current ratio | 19.99 | 1.36 |
| Revenue growth | – | 6.6% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 61, FUNCTION GROUP AS does better than 75% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- FUNCTION GROUP AS
- Median: medium-sized companies in the same sector
FUNCTION GROUP AS has a score of 61 for 2025, rank 8,980 of 32,582 in the sector.
Strongest: Liquidity: percentile 99 against peers, current ratio 19.99 against a median of 1.36. Solidity: percentile 98 against peers, equity ratio 98.6% against a median of 31.2%.
Weakest: Profitability: percentile 17 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 4.6%).
- What lies behind weak profitability, 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
FUNCTION GROUP AS had an operating margin of – and an equity ratio of 98.6% in 2025, and ranks 8,980 of 32,582 in Bygg og anlegg.
From 2024 to 2025: went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 199 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 199 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 4.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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 | 17 | weight 30% |
|---|---|---|
| Solidity | 98 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 51 | weight 15% |
Durability: 56 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is FUNCTION GROUP AS?
The operating margin was – in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 1.1%. The company made a loss before tax.
How solid is FUNCTION GROUP AS?
The equity ratio was 98.6% in 2025 (median 31.2%). Debt-to-equity was 0.01 (median 2.19).
What is the liquidity of FUNCTION GROUP AS like?
The current ratio was 19.99 in 2025 (median 1.36).
How does FUNCTION GROUP AS compare in Bygg og anlegg?
FUNCTION GROUP AS ranks 8,980 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 262 of 1,030.
From the Central Coordinating Register
- Org. no.
- 916883935
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 9 March 2016 10 years in operation
- Share capital
- 3.55 MNOK
- Business address
- c/o Function AS, Jørgen Kanitz' gate 28, 1337 SANDVIKA (BÆRUM)
- Municipality
- Bærum rank 1–5 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- function.no
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
- Chair of the board
- Runar Kvåle
- Board member
- Rune Flengsrud
- Board member
- Ask Teigen Aas
- Board member
- Thomas Melheim
- Auditor
- PRICEWATERHOUSECOOPERS 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 54 | 61 | |
| Rank | 13,902 | 13,159 | 8,980 | |
| Operating margin | – | – | – | |
| Return on assets | 2.3% | 1.4% | 1.1% | |
| Equity ratio | 56.2% | 100.0% | 98.6% | |
| Current ratio | 1.36 | – | 19.99 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.6 MNOK | −0.8 MNOK | −0.7 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | −161.1 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | −161.6 MNOK |
| Financial expenses | 7.7 MNOK | 5.2 MNOK | 163.3 MNOK |
| Total assets | 327.2 MNOK | 360.6 MNOK | 201.9 MNOK |
| Current assets | 21.3 MNOK | 54.7 MNOK | 57.5 MNOK |
| Equity | 183.8 MNOK | 360.6 MNOK | 199.0 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 143.4 MNOK | 0.0 MNOK | 2.9 MNOK |
| Current liabilities | 15.7 MNOK | – | 2.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7169571.
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