Forte Optimize AS

Org. no. 927453770 · Oslo · Founded 2021 · 9 employees

Score · fiscal year 2025

19of 100

How to read this: the company is ahead of 7 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 1,345 of 1,439 · What are Morning company classes?
Place in the whole sector: 3,892 of 4,183 · Teknisk tjenesteyting og forskning

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 6 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Forte Optimize AS is 32 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 1,439 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −21.6% (median 5.6%) and equity ratio −81.0% (median 33.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 6 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue12 MNOK20 MNOK
Operating margin −21.6% 5.6% 7 %
Profit margin −21.6% 5.6% shown, not part of the index
Return on assets −38.5% 13.9% 5 %
Equity ratio −81.0% 33.2% 2 %
Debt-to-equity – 1.75 not compared
Current ratio 1.11 1.43 27 %
Revenue growth 36.1% 8.5% 81 %
Revenue per employee1.33 MNOK1.64 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 19, Forte Optimize AS does better than 7% of companies in the Morning class Small in the same sector (1,439 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Forte Optimize AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Forte Optimize AS has a score of 19 for 2025, rank 3,892 of 4,183 in the sector.

Strongest: Growth: percentile 81 against peers, revenue growth 36.1% against a median of 8.5%.

Weakest: Solidity: percentile 0 against peers, equity ratio −81.0% against a median of 33.2%. Profitability: percentile 6 against peers, operating margin −21.6% against a median of 5.6%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

The industry or the company: what drove the result?

In 2025 the operating margin of Forte Optimize AS rose by 47.0 percentage points. Comparable companies fell by a median 0.3 points. So the company did 47.3 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Forte Optimize AS moved the same way as comparable companies 0 times. About 0% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Forte Optimize AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
2024−68.6%5.8% −80.3 percentage points +0.1 percentage points −80.4 percentage points
2025−21.6%5.6% +47.0 percentage points −0.3 percentage points +47.3 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Forte Optimize AS. The figures stand side by side; we claim no cause.

Turnover index: architectural and engineering activities (indeks (2021 = 100))

Turnover index: architectural and engineering activities rose 8.1% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Turnover index: architectural and engineering activities per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Turnover index: architectural and engineering activities, annual average99.0108.8127.9146.4158.3155.2 (so far)
Change from the year before+9.8%+9.9%+17.5%+14.5%+8.1%−1.9%
The company's operating margin––11.7%−68.6%−21.6%–

Source: SSB (13863, CC BY 4.0). Source

Turnover index: advertising and market research (indeks (2021 = 100))

Turnover index: advertising and market research rose 3.6% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Turnover index: advertising and market research per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Turnover index: advertising and market research, annual average99.4113.5108.3106.9110.7126.1 (so far)
Change from the year before+35.1%+14.2%−4.6%−1.3%+3.6%+13.9%
The company's operating margin––11.7%−68.6%−21.6%–

Source: SSB (13863, CC BY 4.0). Source

Turnover index: other professional and technical activities (indeks (2021 = 100))

Turnover index: other professional and technical activities rose 6.2% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Turnover index: other professional and technical activities per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Turnover index: other professional and technical activities, annual average98.3121.6139.4131.0139.1158.0 (so far)
Change from the year before+29.9%+23.7%+14.6%−6.0%+6.2%+13.6%
The company's operating margin––11.7%−68.6%−21.6%–

Source: SSB (13863, CC BY 4.0). Source

Service prices: architects and engineering (indeks (2021 = 100))

Service prices: architects and engineering rose 3.2% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Service prices: architects and engineering per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Service prices: architects and engineering, annual average100.0103.6107.5111.2114.7119.4 (so far)
Change from the year before+1.2%+3.5%+3.8%+3.4%+3.2%+4.2%
The company's operating margin––11.7%−68.6%−21.6%–

Source: SSB (14335, CC BY 4.0). Source

Oil price (export price of crude oil) (kr per fat)

Oil price (export price of crude oil) fell 17.6% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Oil price (export price of crude oil) per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Oil price (export price of crude oil), annual average609979877859708881 (so far)
Change from the year before+61.1%+60.8%−10.5%−2.0%−17.6%+24.5%
The company's operating margin––11.7%−68.6%−21.6%–

Source: SSB (08799, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Policy rate per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––11.7%−68.6%−21.6%–

Source: Norges Bank (IR, NLOD 2.0). Source

EUR/NOK (kr)

EUR/NOK rose 0.8% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

EUR/NOK per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
EUR/NOK, annual average10.1610.1011.4211.6211.7211.04 (so far)
Change from the year before−5.2%−0.6%+13.1%+1.8%+0.8%−5.8%
The company's operating margin––11.7%−68.6%−21.6%–

Source: Norges Bank (EXR, NLOD 2.0). Source

Wage index: architects and engineering (indeks)

Wage index: architects and engineering rose 4.7% in 2025; the operating margin of Forte Optimize AS rose 47.0 percentage points.

Wage index: architects and engineering per year and the operating margin of Forte Optimize AS
Measure202120222023202420252026
Wage index: architects and engineering, annual average90.590.996.0100.9105.6109.2 (so far)
Change from the year before+7.4%+0.5%+5.6%+5.2%+4.7%+3.4%
The company's operating margin––11.7%−68.6%−21.6%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Forte Optimize AS had an operating margin of −21.6% and an equity ratio of −81.0% in 2025, and ranks 3,892 of 4,183 in Teknisk tjenesteyting og forskning.

From 2024 to 2025: the operating margin rose from −68.6% to −21.6% and revenue grew by 36%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −2.1 MNOK 18.6 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): −2.6 MNOK 15.9 – not meaningful
P/B Equity: −5.4 MNOK 3.2 – not meaningful

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2025

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −81.0% (median 33.2%).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −21.6% (median 5.6%).

  • 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 −21.6% (median 5.6%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 36.1% (median 8.5%); Current ratio 1.11 (median 1.43).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % 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

  • critical Negative equity
Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability6 weight 30%
Solidity0 weight 25%
Liquidity27 weight 15%
Growth81 weight 15%
Consistency7 weight 15%

Durability: 28 (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 Forte Optimize AS?

The operating margin was −21.6% in 2025, against a median of 5.6% among companies in the Morning class Small in the same sector. Return on assets was −38.5%. The company made a loss before tax.

How solid is Forte Optimize AS?

The equity ratio was −81.0% in 2025 (median 33.2%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Forte Optimize AS like?

The current ratio was 1.11 in 2025 (median 1.43).

How does Forte Optimize AS compare in Teknisk tjenesteyting og forskning?

Forte Optimize AS ranks 3,892 of 4,183 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Small it is number 1,345 of 1,439. Revenue changed by 36.1% from the year before.

Group structure · 2025

7 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

No owner holds more than half of the shares in Forte Holding AS.

Forte Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

  • Forte Holding AS not in our data
    • Forte Group AS 64% owned · not in our data
      • Forte Optimize AS you are here 64% owned · operating · index 19 · number 3892 of 4183 in Teknisk tjenesteyting og forskning
      • Forte Digital AS 88% owned · operating · index 47 · number 1884 of 3294 in Informasjon og kommunikasjon
      • Forte Solutions AS 66% owned · operating · index 50 · number 1672 of 3294 in Informasjon og kommunikasjon
      • Forte Hub AS 86% owned · not in our data
      • Forte Incubator AS 100% owned · not in our data

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

From the Central Coordinating Register

Org. no.
927453770
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (73.110)
Morning company class
Small
Employees
9 registered 10 September 2026
Founded
25 June 2021 5 years in operation
Share capital
0.12 MNOK
Business address
Wergelandsveien 25, 0167 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
The company's business municipality, Oslo. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
9 (one owner holds more than half)
Largest owner
63.5% · top three 79.5%
Split
companies 80% · private persons 20% · foreign 0%
Owned from the same municipality
99%
Owners over 60
40% of the shares held by persons (median age 47)
Group chain
Owned by: Forte Group AS (64%)
Ultimate owner: Forte Holding AS

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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 6 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index481719
Rank2,1183,8723,892
Operating margin11.7%−68.6%−21.6%
Return on assets16.0%−157.5%−38.5%
Equity ratio29.6%−89.2%−81.0%
Current ratio2.390.731.11
Revenue growth–47.7%36.1%

Accounts

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

Key figure202320242025
Operating revenue5.9 MNOK8.8 MNOK11.9 MNOK
Operating profit0.7 MNOK−6.0 MNOK−2.6 MNOK
Profit before tax0.7 MNOK−6.0 MNOK−2.6 MNOK
Tax expense0.2 MNOK−1.3 MNOK−0.5 MNOK
Net profit0.5 MNOK−4.7 MNOK−2.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.3 MNOK3.8 MNOK6.7 MNOK
Current assets4.3 MNOK2.5 MNOK4.8 MNOK
Equity1.3 MNOK−3.4 MNOK−5.4 MNOK
Retained earnings−0.1 MNOK−4.7 MNOK−6.8 MNOK
Total liabilities3.1 MNOK7.2 MNOK12.1 MNOK
Current liabilities1.8 MNOK3.4 MNOK4.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 6983182.