FRØVIK ELEKTRO AS

Org. no. 917359520 · SVEIO · Founded 2016 · 11 employees

Score · fiscal year 2025

59of 100

How to read this: the company is ahead of 68 % of small companies in the same sector in 2025. What does this mean?

Rank: 7,402 of 22,974 · 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 82 and solidity 41 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

FRØVIK ELEKTRO AS is 9 points above the median for small companies in the same sector in 2025.

Median score 50 among 22,421 companies.

Against small companies in the same sector in 2025: operating margin 14.2% (median 3.6%) and equity ratio 29.7% (median 32.1%).

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 revenue12 MNOK2 MNOK
Operating margin 14.2% 3.6% 79 %
Profit margin 14.2% 3.1% shown, not part of the index
Return on assets 33.6% 5.6% 85 %
Equity ratio 29.7% 32.1% 48 %
Debt-to-equity 2.37 1.35 35 %
Current ratio 1.23 1.35 45 %
Revenue growth −7.4% 5.1% 35 %
Revenue per employee1.05 MNOK1.34 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 59, FRØVIK ELEKTRO AS does better than 68% of small companies in the same sector (22,608 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FRØVIK ELEKTRO AS
  • Median: small companies in the same sector
Analysis · 2025

What the numbers say

FRØVIK ELEKTRO AS had an operating margin of 14.2% and an equity ratio of 29.7% in 2025, and ranks 7,402 of 22,974 in Bygg og anlegg.

From 2024 to 2025: the equity ratio rose from 3.2% to 29.7% and the operating margin rose from 10.4% to 14.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 16 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.3 MNOK 10.0 13 MNOK
EV/EBIT Operating profit: 1.6 MNOK
minus net debt −2.7 MNOK
8.0 16 MNOK
P/B Equity: 1.5 MNOK 1.0 1 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

No rules were triggered for this year.

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 2.1%. 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

Profitability82 weight 30%
Solidity41 weight 25%
Liquidity45 weight 15%
Growth35 weight 15%
Consistency81 weight 15%

Durability: 49 (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 FRØVIK ELEKTRO AS?

The operating margin was 14.2% in 2025, against a median of 3.6% among small companies in the same sector. Return on assets was 33.6%.

How solid is FRØVIK ELEKTRO AS?

The equity ratio was 29.7% in 2025 (median 32.1%). Debt-to-equity was 2.37 (median 1.35).

What is the liquidity of FRØVIK ELEKTRO AS like?

The current ratio was 1.23 in 2025 (median 1.35).

How does FRØVIK ELEKTRO AS compare in Bygg og anlegg?

FRØVIK ELEKTRO AS ranks 7,402 of 22,974 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 7,245 of 22,608. Revenue changed by −7.4% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
1 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
11 April 2025 Sveio kommune Rammeavtale Elektriker value not stated 45315100

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
917359520
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
11 registered 10 October 2026
Founded
25 May 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Tittelsnesvegen 544, 5550 SVEIO
Municipality
Sveio rank 4–15 of 40 in KOSTRA group 1
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

Chair of the board
Arild Frøvik
Auditor
CEDRA NORGE AS
Accountant
AIDER 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
Index414859
Rank12,37411,8287,402
Operating margin11.8%10.4%14.2%
Return on assets31.3%23.7%33.6%
Equity ratio0.7%3.2%29.7%
Current ratio0.931.421.23
Revenue growth–−8.5%−7.4%

Accounts

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

Key figure202320242025
Operating revenue13.7 MNOK12.5 MNOK11.6 MNOK
Operating profit1.6 MNOK1.3 MNOK1.6 MNOK
Profit before tax1.6 MNOK1.3 MNOK1.7 MNOK
Net profit1.3 MNOK1.0 MNOK1.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.2 MNOK5.6 MNOK4.9 MNOK
Current assets4.3 MNOK4.8 MNOK4.3 MNOK
Equity0.0 MNOK0.2 MNOK1.5 MNOK
Retained earnings0.0 MNOK0.1 MNOK1.4 MNOK
Total liabilities5.2 MNOK5.4 MNOK3.5 MNOK
Current liabilities4.6 MNOK3.4 MNOK3.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7145887.

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