FURUNO NORGE AS

Org. no. 927200724 · ÅLESUND · Founded 1974 · 47 employees

Score · fiscal year 2024

76of 100

How to read this: the company is ahead of 94 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 2,520 of 37,180 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 62 and solidity 90 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

FURUNO NORGE AS is 26 points above the median for medium-sized companies in the same sector in 2024.

Median score 50 among 2,059 companies.

Against medium-sized companies in the same sector in 2024: operating margin 5.3% (median 3.2%) and equity ratio 76.7% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue406 MNOK171 MNOK
Operating margin 5.3% 3.2% 69 %
Profit margin 6.0% 3.1% shown, not part of the index
Return on assets 12.5% 11.1% 54 %
Equity ratio 76.7% 32.6% 90 %
Debt-to-equity 0.30 2.01 90 %
Current ratio 3.86 1.38 91 %
Revenue growth 8.4% 5.2% 61 %
Revenue per employee8.64 MNOK6.29 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 76, FURUNO NORGE AS does better than 94% of medium-sized companies in the same sector (2,059 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FURUNO NORGE AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

FURUNO NORGE AS had an operating margin of 5.3% and an equity ratio of 76.7% in 2024, and ranks 2,520 of 37,180 in Handel.

From 2023 to 2024: the equity ratio rose from 70.9% to 76.7% and the operating margin fell from 7.3% to 5.3%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 186 MNOK and 213 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 18.6 MNOK 10.0 186 MNOK
EV/EBIT Operating profit: 21.5 MNOK
minus net debt −40.8 MNOK
8.0 213 MNOK
P/B Equity: 186.3 MNOK 1.0 186 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 · 2024

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.

Financial costs were 10.8% 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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability62 weight 30%
Solidity90 weight 25%
Liquidity91 weight 15%
Growth61 weight 15%
Consistency79 weight 15%

Durability: 79 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is FURUNO NORGE AS?

The operating margin was 5.3% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 12.5%.

How solid is FURUNO NORGE AS?

The equity ratio was 76.7% in 2024 (median 32.6%). Debt-to-equity was 0.30 (median 2.01).

What is the liquidity of FURUNO NORGE AS like?

The current ratio was 3.86 in 2024 (median 1.38).

How does FURUNO NORGE AS compare in Handel?

FURUNO NORGE AS ranks 2,520 of 37,180 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 130 of 2,059. Revenue changed by 8.4% from the year before.

Group accounts · 2025

62 of 100

Rank 266 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.

Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin3.2% –
Return on assets6.8% –
Equity ratio69.9% –
Current ratio2.92 –
Revenue growth−9.2% –

Group index in earlier years: 2023: 81 (95 of 1176), 2024: 78 (58 of 994).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

We do not show the group structure, because open data does not say who owns whom.

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
23 January 2026 NTNU Monitoreringsstasjon value not stated 34930000

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.
927200724
Legal form
AS
Sector
Handel (46.640)
Size tier
medium
Employees
47 registered 10 September 2026
Founded
23 July 1974 52 years in operation
Share capital
3.60 MNOK
Business address
Sjømannsvegen 19, 6008 ÅLESUND
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
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
Trond Strømmen
Chair of the board
Gen Tomoshige
Board member
Tomoko Yamada
Board member
Trond Strømmen
Board member
Roy Fjeldstad
Auditor
CEDRA NORGE 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index827663
Rank1,7442,5209,595
Operating margin7.3%5.3%4.6%
Return on assets13.1%12.5%8.9%
Equity ratio70.9%76.7%72.4%
Current ratio3.033.863.20
Revenue growth–8.4%−9.5%

Accounts

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

Key figure202320242025
Operating revenue374.6 MNOK406.0 MNOK367.4 MNOK
Operating profit27.5 MNOK21.5 MNOK16.8 MNOK
Profit before tax30.6 MNOK24.3 MNOK20.7 MNOK
Net profit23.7 MNOK18.6 MNOK15.9 MNOK
Financial expenses0.3 MNOK6.1 MNOK2.9 MNOK
Total assets236.6 MNOK242.8 MNOK265.4 MNOK
Current assets208.3 MNOK218.1 MNOK234.4 MNOK
Equity167.7 MNOK186.3 MNOK192.2 MNOK
Retained earnings164.1 MNOK182.7 MNOK188.6 MNOK
Total liabilities68.9 MNOK56.5 MNOK73.2 MNOK
Current liabilities68.9 MNOK56.5 MNOK73.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5853833.

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