FOLKEKRAFT GROUP AS
Score · fiscal year 2025
27of 100
How to read this: the company is ahead of 17 % of small companies in the same sector in 2025. What does this mean?
Rank: 945 of 1,107 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 15 and solidity 18 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
FOLKEKRAFT GROUP AS is 22 points below the median for small companies in the same sector in 2025.
Median score 49 among 900 companies.
Against small companies in the same sector in 2025: operating margin −566.7% (median 2.9%) and equity ratio 5.6% (median 37.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | −566.7% | 2.9% |
| Profit margin | −1,488.3% | 1.7% |
| Return on assets | −6.1% | −0.1% |
| Equity ratio | 5.6% | 37.5% |
| Debt-to-equity | 16.83 | 1.03 |
| Current ratio | 0.02 | 1.59 |
| Revenue growth | 51.8% | 2.6% |
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 27, FOLKEKRAFT GROUP AS does better than 17% of small companies in the same sector (911 companies) in 2025.
Score 2023–2025
- FOLKEKRAFT GROUP AS
- Median: small companies in the same sector
FOLKEKRAFT GROUP AS has a score of 27 for 2025, rank 945 of 1,107 in the sector.
Strongest: Growth: percentile 84 against peers, revenue growth 51.8% against a median of 2.6%.
Weakest: Liquidity: percentile 4 against peers, current ratio 0.02 against a median of 1.59. Profitability: percentile 15 against peers, operating margin −566.7% against a median of 2.9%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 49.3 times current assets. Based on: current ratio 0.02 (median 1.59).
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 5.6% (median 37.5%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −1,488.3% (median 1.7%).
- 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
FOLKEKRAFT GROUP AS had an operating margin of −566.7% and an equity ratio of 5.6% in 2025, and ranks 945 of 1,107 in Kraft og energi.
From 2024 to 2025: the operating margin rose from −728.3% to −566.7% and revenue grew by 52%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2 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
- critical
Consider strengthening liquidity: current liabilities are 49.3 times current assets.
Based on: Current ratio 0.02 (median 1.59).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.6% (median 37.5%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1,488.3% (median 1.7%).
- 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 −566.7% (median 2.9%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 51.8% (median 2.6%); Current ratio 0.02 (median 1.59).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
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 0.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 15 | weight 30% |
|---|---|---|
| Solidity | 18 | weight 25% |
| Liquidity | 4 | weight 15% |
| Growth | 84 | weight 15% |
| Consistency | 32 | weight 15% |
Durability: 27 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FOLKEKRAFT GROUP AS?
The operating margin was −566.7% in 2025, against a median of 2.9% among small companies in the same sector. Return on assets was −6.1%. The company made a loss before tax.
How solid is FOLKEKRAFT GROUP AS?
The equity ratio was 5.6% in 2025 (median 37.5%). Debt-to-equity was 16.83 (median 1.03).
What is the liquidity of FOLKEKRAFT GROUP AS like?
The current ratio was 0.02 in 2025 (median 1.59). Current assets did not cover current liabilities.
How does FOLKEKRAFT GROUP AS compare in Kraft og energi?
FOLKEKRAFT GROUP AS ranks 945 of 1,107 in Kraft og energi for 2025. Among companies of the same size (small companies) it ranks 754 of 911. Revenue changed by 51.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 918342540
- Legal form
- AS
- Sector
- Kraft og energi (35.150)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 22 November 2016 9 years in operation
- Share capital
- 0.09 MNOK
- Business address
- Vestre Skostredet 2, 5017 BERGEN
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- 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
- Lasse Gjellestad
- Chair of the board
- Geir Morten Folkestad
- Auditor
- CREDO REVISJON AS
- Accountant
- ECIT SERVICES 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 | 22 | 33 | 27 | |
| Rank | 840 | 803 | 945 | |
| Operating margin | −32.1% | −728.3% | −566.7% | |
| Return on assets | 3.4% | 10.5% | −6.1% | |
| Equity ratio | −2.2% | 29.6% | 5.6% | |
| Current ratio | 0.02 | 0.21 | 0.02 | |
| Revenue growth | – | −88.2% | 51.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.0 MNOK | 0.2 MNOK | 0.4 MNOK |
| Operating profit | −0.7 MNOK | −1.7 MNOK | −2.1 MNOK |
| Profit before tax | −8.8 MNOK | −3.7 MNOK | −5.4 MNOK |
| Net profit | −8.8 MNOK | −3.7 MNOK | −5.4 MNOK |
| Financial expenses | 9.7 MNOK | 6.2 MNOK | 3.6 MNOK |
| Total assets | 26.1 MNOK | 24.0 MNOK | 30.0 MNOK |
| Current assets | 0.4 MNOK | 3.0 MNOK | 0.5 MNOK |
| Equity | −0.6 MNOK | 7.1 MNOK | 1.7 MNOK |
| Retained earnings | −0.6 MNOK | −4.3 MNOK | −9.7 MNOK |
| Total liabilities | 26.7 MNOK | 16.9 MNOK | 28.3 MNOK |
| Current liabilities | 17.5 MNOK | 14.4 MNOK | 26.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7097589.
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