FINSTAD & JØRGENSEN AS

Org. no. 922622590 · ASKER · Founded 2019 · 101 employees

Score · fiscal year 2025

47of 100

How to read this: the company is ahead of 43 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 13,156 of 23,248 · 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 60 and solidity 31 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

FINSTAD & JØRGENSEN AS is 2 points below the median for medium-sized companies in the same sector in 2025.

Median score 49 among 491 companies.

Against medium-sized companies in the same sector in 2025: operating margin 5.1% (median 4.3%) and equity ratio 22.7% (median 33.1%).

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 revenue319 MNOK170 MNOK
Operating margin 5.1% 4.3% 58 %
Profit margin 5.5% 4.5% shown, not part of the index
Return on assets 13.5% 10.0% 62 %
Equity ratio 22.7% 33.1% 31 %
Debt-to-equity 3.40 2.01 30 %
Current ratio 1.29 1.37 41 %
Revenue growth 4.6% 7.7% 44 %
Revenue per employee3.15 MNOK3.30 MNOK

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 47, FINSTAD & JØRGENSEN AS does better than 43% of medium-sized companies in the same sector (497 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FINSTAD & JØRGENSEN AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

FINSTAD & JØRGENSEN AS had an operating margin of 5.1% and an equity ratio of 22.7% in 2025, and ranks 13,156 of 23,248 in Bygg og anlegg.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 30 MNOK and 137 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 13.7 MNOK 10.0 137 MNOK
EV/EBIT Operating profit: 16.3 MNOK
minus net debt 1.9 MNOK
8.0 128 MNOK
P/B Equity: 29.5 MNOK 1.0 30 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

Profitability60 weight 30%
Solidity31 weight 25%
Liquidity41 weight 15%
Growth44 weight 15%
Consistency55 weight 15%

Durability: 54 (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 FINSTAD & JØRGENSEN AS?

The operating margin was 5.1% in 2025, against a median of 4.3% among medium-sized companies in the same sector. Return on assets was 13.5%.

How solid is FINSTAD & JØRGENSEN AS?

The equity ratio was 22.7% in 2025 (median 33.1%). Debt-to-equity was 3.40 (median 2.01).

What is the liquidity of FINSTAD & JØRGENSEN AS like?

The current ratio was 1.29 in 2025 (median 1.37).

How does FINSTAD & JØRGENSEN AS compare in Bygg og anlegg?

FINSTAD & JØRGENSEN AS ranks 13,156 of 23,248 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 284 of 497. Revenue changed by 4.6% 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
22 August 2024 STATSBYGG Parallelle rammeavtaler om Bygningsmessige arbeider for eiendommer i Oslo og Akershus med unntak av Follo value not stated 45262500

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.
922622590
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
medium
Employees
101 registered 10 October 2026
Founded
6 March 2019 7 years in operation
Share capital
1.00 MNOK
Business address
Fekjan 7B, 1394 NESBRU (ASKER)
Municipality
Asker rank 1 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
Kristian Sand Finstad
Chair of the board
Markus Stellander
Board member
Mathis Rønningen Edel
Auditor
CEDRA NORGE AS
Accountant
VIEW GROUP 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
Index744147
Rank2,63014,46413,156
Operating margin5.5%3.6%5.1%
Return on assets17.0%11.0%13.5%
Equity ratio42.1%26.7%22.7%
Current ratio1.621.261.29
Revenue growth–−10.4%4.6%

Accounts

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

Key figure202320242025
Operating revenue339.8 MNOK304.4 MNOK318.5 MNOK
Operating profit18.6 MNOK11.1 MNOK16.3 MNOK
Profit before tax18.9 MNOK11.8 MNOK17.6 MNOK
Net profit14.7 MNOK9.2 MNOK13.7 MNOK
Financial expenses0.1 MNOK0.0 MNOK–
Total assets111.0 MNOK106.8 MNOK129.9 MNOK
Current assets97.8 MNOK96.6 MNOK122.3 MNOK
Equity46.7 MNOK28.5 MNOK29.5 MNOK
Retained earnings45.7 MNOK27.5 MNOK28.5 MNOK
Total liabilities64.3 MNOK78.3 MNOK100.4 MNOK
Current liabilities60.2 MNOK76.4 MNOK94.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7184249.

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