FRØY AS
Score · fiscal year 2025
46of 100
How to read this: the company is ahead of 45 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 934 of 1,589 · Sjøfart
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 31 and solidity 25 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
FRØY AS is 2 points below the median for medium-sized companies in the same sector in 2025.
Median score 48 among 355 companies.
Against medium-sized companies in the same sector in 2025: operating margin −19.9% (median 24.9%) and equity ratio 24.8% (median 53.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 269 MNOK | 181 MNOK |
| Operating margin | −19.9% | 24.9% |
| Profit margin | 100.8% | 17.8% |
| Return on assets | 9.8% | 7.4% |
| Equity ratio | 24.8% | 53.8% |
| Debt-to-equity | 3.03 | 0.79 |
| Current ratio | 13.13 | 1.33 |
| Revenue growth | 102.5% | 2.9% |
| Revenue per employee | 2.52 MNOK | 2.91 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 46, FRØY AS does better than 45% of medium-sized companies in the same sector (355 companies) in 2025.
Score 2023–2025
- FRØY AS
- Median: medium-sized companies in the same sector
FRØY AS has a score of 46 for 2025, rank 934 of 1,589 in the sector.
Strongest: Growth: percentile 90 against peers, revenue growth 102.5% against a median of 2.9%. Liquidity: percentile 87 against peers, current ratio 13.13 against a median of 1.33.
Weakest: Consistency: percentile 25 against peers. Solidity: percentile 25 against peers, equity ratio 24.8% against a median of 53.8%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −19.9% (median 24.9%).
- What lies behind weak consistency, and will it last?
- What lies behind weak solidity, 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
FRØY AS had an operating margin of −19.9% and an equity ratio of 24.8% in 2025, and ranks 934 of 1,589 in Sjøfart.
From 2024 to 2025: the operating margin rose from −120.8% to −19.9% and revenue grew by 103%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2,102 MNOK and 2,794 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,794 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2,102 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −19.9% (median 24.9%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 31 | weight 30% |
|---|---|---|
| Solidity | 25 | weight 25% |
| Liquidity | 87 | weight 15% |
| Growth | 90 | weight 15% |
| Consistency | 25 | weight 15% |
Durability: 42 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FRØY AS?
The operating margin was −19.9% in 2025, against a median of 24.9% among medium-sized companies in the same sector. Return on assets was 9.8%.
How solid is FRØY AS?
The equity ratio was 24.8% in 2025 (median 53.8%). Debt-to-equity was 3.03 (median 0.79).
What is the liquidity of FRØY AS like?
The current ratio was 13.13 in 2025 (median 1.33).
How does FRØY AS compare in Sjøfart?
FRØY AS ranks 934 of 1,589 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 195 of 355. Revenue changed by 102.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 924209569
- Legal form
- AS
- Sector
- Sjøfart (50.202)
- Size tier
- medium
- Employees
- 107 registered 10 September 2026
- Founded
- 6 December 2019 6 years in operation
- Share capital
- 86.35 MNOK
- Business address
- Nordfrøyveien 213, 7260 SISTRANDA (FRØYA)
- Municipality
- Frøya rank 1–8 of 9 in KOSTRA group 3
- 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
- Tonje Eskeland Foss
- Chair of the board
- Tonje Eskeland Foss
- Board member
- Arnt Ragnvald Solem
- Board member
- Gottfred Langseth
- Board member
- Kjersti Holmvik
- Auditor
- ERNST & YOUNG AS
- Accountant
- AZETS INSIGHT 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 | 41 | 39 | 46 | |
| Rank | 870 | 1,050 | 934 | |
| Operating margin | −125.2% | −120.8% | −19.9% | |
| Return on assets | 1.7% | 3.2% | 9.8% | |
| Equity ratio | 26.4% | 24.9% | 24.8% | |
| Current ratio | 17.65 | 8.74 | 13.13 | |
| Revenue growth | – | 39.9% | 102.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 95.0 MNOK | 132.9 MNOK | 269.2 MNOK |
| Operating profit | −118.9 MNOK | −160.6 MNOK | −53.6 MNOK |
| Profit before tax | −36.4 MNOK | −246.0 MNOK | 271.4 MNOK |
| Net profit | −38.2 MNOK | −158.4 MNOK | 279.4 MNOK |
| Financial expenses | 151.4 MNOK | 485.3 MNOK | 555.6 MNOK |
| Total assets | 6,873.2 MNOK | 7,393.2 MNOK | 8,478.2 MNOK |
| Current assets | 746.6 MNOK | 818.2 MNOK | 1,363.4 MNOK |
| Equity | 1,817.7 MNOK | 1,841.7 MNOK | 2,102.4 MNOK |
| Retained earnings | 50.4 MNOK | 74.5 MNOK | 335.1 MNOK |
| Total liabilities | 5,055.5 MNOK | 5,551.4 MNOK | 6,375.9 MNOK |
| Current liabilities | 42.3 MNOK | 93.6 MNOK | 103.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7110591.
Further
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