Fliteless AS
Score · fiscal year 2024
18of 100
How to read this: the company is ahead of 8 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 10,138 of 11,065 · What are Morning company classes?
Place in the whole sector: 20,680 of 22,237 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 7 and solidity 13 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Fliteless AS is 32 points below the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 11,058 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −26.0% (median 2.3%) and equity ratio 4.6% (median 34.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 4 MNOK |
| Operating margin | −26.0% | 2.3% |
| Profit margin | −30.6% | 1.8% |
| Return on assets | −27.0% | 5.5% |
| Equity ratio | 4.6% | 34.8% |
| Debt-to-equity | 20.80 | 1.23 |
| Current ratio | 1.18 | 1.76 |
| Revenue growth | −5.9% | 2.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 18, Fliteless AS does better than 8% of companies in the Morning class Micro in the same sector (11,065 companies) in 2024.
Score 2023–2025
- Fliteless AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Fliteless AS had an operating margin of −26.0% and an equity ratio of 4.6% in 2024, and ranks 20,680 of 22,237 in Handel.
From 2023 to 2024: the operating margin fell from 5.4% to −26.0% and the equity ratio fell from 56.8% to 4.6%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 4.6% (median 34.8%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −30.6% (median 1.8%).
- 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 −26.0% (median 2.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.3% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in 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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 7 | weight 30% |
|---|---|---|
| Solidity | 13 | weight 25% |
| Liquidity | 29 | weight 15% |
| Growth | 29 | weight 15% |
| Consistency | 24 | weight 15% |
Durability: 44 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Fliteless AS?
The operating margin was −26.0% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was −27.0%. The company made a loss before tax.
How solid is Fliteless AS?
The equity ratio was 4.6% in 2024 (median 34.8%). Debt-to-equity was 20.80 (median 1.23).
What is the liquidity of Fliteless AS like?
The current ratio was 1.18 in 2024 (median 1.76).
How does Fliteless AS compare in Handel?
Fliteless AS ranks 20,680 of 22,237 in Handel for 2024. Among companies in the Morning class Micro it is number 10,138 of 11,065. Revenue changed by −5.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 925567760
- Legal form
- AS
- Sector
- Handel (46.420)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 17 July 2020 6 years in operation
- Share capital
- 0.10 MNOK
- Business address
- O.H. Bangs vei 52, 1363 HØVIK (BÆRUM)
- Municipality
- Bærum rank 1 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 9 September 2020
- 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
- Anders Tangerud
- Chair of the board
- Henrik Hojem
- Board member
- Johan Ringdal
- Board member
- Ole Losnedal
- Accountant
- A til Å Regnskap AS
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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 70 | 18 | 56 | |
| Rank | 4,392 | 20,680 | 9,068 | |
| Operating margin | 5.4% | −26.0% | 20.1% | |
| Return on assets | 9.3% | −27.0% | 23.4% | |
| Equity ratio | 56.8% | 4.6% | 24.8% | |
| Current ratio | 4.67 | 1.18 | 1.33 | |
| Revenue growth | – | −5.9% | 19.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.0 MNOK | 1.9 MNOK | 2.2 MNOK |
| Operating profit | 0.1 MNOK | −0.5 MNOK | 0.4 MNOK |
| Profit before tax | 0.0 MNOK | −0.6 MNOK | 0.4 MNOK |
| Net profit | 0.0 MNOK | −0.6 MNOK | 0.4 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 1.1 MNOK | 1.7 MNOK | 1.9 MNOK |
| Current assets | 1.1 MNOK | 1.7 MNOK | 1.9 MNOK |
| Equity | 0.7 MNOK | 0.1 MNOK | 0.5 MNOK |
| Retained earnings | 0.6 MNOK | 0.0 MNOK | 0.4 MNOK |
| Total liabilities | 0.5 MNOK | 1.7 MNOK | 1.4 MNOK |
| Current liabilities | 0.2 MNOK | 1.5 MNOK | 1.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6218433.
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