FRIVÅG AS

Org. no. 920732690 · NARVIK · Founded 2018

Score · fiscal year 2023

71of 100

How to read this: the company is ahead of 84 % of small companies in the same sector in 2023. What does this mean?

Rank: 4,734 of 28,986 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 35 and solidity 100 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

FRIVÅG AS is 21 points above the median for small companies in the same sector in 2023.

Median score 50 among 27,958 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating margin – 4.1% not compared
Profit margin – 3.8% shown, not part of the index
Return on assets 0.0% 5.9% 35 %
Equity ratio 104.9% 36.8% 100 %
Debt-to-equity −0.05 1.24 100 %
Current ratio – 1.44 not compared
Revenue growth – 2.5% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 71, FRIVÅG AS does better than 84% of small companies in the same sector (28,008 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FRIVÅG AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

FRIVÅG AS had an operating margin of – and an equity ratio of 104.9% in 2023, and ranks 4,734 of 28,986 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: – 8.0 missing
P/B Equity: 0.3 MNOK 1.0 0 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 · 2023

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

  • watch Revenue not reported
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability35 weight 30%
Solidity100 weight 25%
Liquidity– no data, left out
Growth– no data, left out
Consistency97 weight 15%

Index version 2. Data completeness 70%: the share of the weights that had data.

2023

Questions and answers

How profitable is FRIVÅG AS?

The operating margin was – in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 0.0%.

How solid is FRIVÅG AS?

The equity ratio was 104.9% in 2023 (median 36.8%). Debt-to-equity was −0.05 (median 1.24).

How does FRIVÅG AS compare in Bygg og anlegg?

FRIVÅG AS ranks 4,734 of 28,986 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 4,559 of 28,008.

From the Central Coordinating Register

Org. no.
920732690
Legal form
AS
Sector
Bygg og anlegg (43.221)
Size tier
small
Employees
0–4 (not registered)
Founded
2 March 2018 8 years in operation
Share capital
0.03 MNOK
Business address
Beisfjordveien 77, 8514 NARVIK
Municipality
Narvik rank 16–25 of 27 in KOSTRA group 9
Audit
Audit opted out from 16 April 2018
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
Jørn-Andre Frivåg
Chair of the board
Jørn-Andre Frivåg
Board member
Levi Hjalmar Frivåg

Source: Central Coordinating Register, fetched 29 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index715279
Rank4,73414,2631,527
Operating margin–1.7%2.8%
Return on assets0.0%2.4%20.1%
Equity ratio104.9%54.6%104.0%
Current ratio–2.20–
Revenue growth––189.2%

Accounts

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

Key figure202320242025
Operating revenue–0.8 MNOK2.2 MNOK
Operating profit–0.0 MNOK0.1 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses––0.0 MNOK
Total assets0.3 MNOK0.5 MNOK0.3 MNOK
Current assets0.3 MNOK0.5 MNOK0.3 MNOK
Equity0.3 MNOK0.3 MNOK0.3 MNOK
Retained earnings0.2 MNOK0.3 MNOK0.3 MNOK
Total liabilities0.0 MNOK0.2 MNOK0.0 MNOK
Current liabilities0.0 MNOK0.2 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5321055.