Foa AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin 5.1% Weaker than the industry Industry: 11.4%
- Returns · return on assets 10.3% Weaker than the industry Industry: 18.5%
- Solidity · equity ratio 83.7% Better than the industry Industry: 44.0%
- Liquidity · current ratio 6.13 Better than the industry Industry: 1.68
- Growth · revenue growth −28.5% Weaker than the industry Industry: 6.5%
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
How it has gone · 2023–2025
Revenue fell by 11 % from 2023 to 2025, to 0.5 MNOK. The operating margin rose from 0.5% in 2023 to 5.1% in 2025. The equity ratio fell from 96.5% in 2023 to 83.7% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.6 MNOK | 0.7 MNOK | 0.5 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.3 MNOK | 0.3 MNOK | 0.4 MNOK |
| Equity | 0.3 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 927498960
- Legal form
- AS · part of a group
- Sector
- Revisjon, regnskap og rådgivning (69.202)
- Purpose
- Føre regnskap for andre, samt tjenester som naturlig hører til dette.
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 2 June 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Lade alle 40, 7041 TRONDHEIM
- Municipality
- Trondheim rank 3 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- VAT registered
- Yes
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
Worth a closer look
- watch
Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?
Based on: Receivable days 256 days (median 52 days).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.7%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 5.1% | 11.4% |
| Profit margin | 7.2% | 12.3% |
| Return on assets | 10.3% | 18.5% |
| Equity ratio | 83.7% | 44.0% |
| Debt-to-equity | 0.19 | 1.09 |
| Current ratio | 6.13 | 1.68 |
| Revenue growth | −28.5% | 6.5% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
256 days | 52 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
– | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
– | −7.1% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
– | 54.7% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
– | 28.2 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
– | 0.4% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
– | 1.6% | |
The median and the bar refer to companies in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
The industry or the company: what drove the result?
In 2025 the operating margin of Foa AS rose by 1.7 percentage points. Comparable companies fell by a median 0.4 points. So the company did 2.1 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Foa AS moved the same way as comparable companies 0 times. About 19% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 3.4% | 11.8% | +2.9 percentage points | −1.0 percentage points | +3.9 percentage points |
| 2025 | 5.1% | 11.4% | +1.7 percentage points | −0.4 percentage points | +2.1 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 Foa AS. The figures stand side by side; we claim no cause.
Turnover index: legal and accounting activities (indeks (2021 = 100))
Turnover index: legal and accounting activities rose 4.8% in 2025; the operating margin of Foa AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: legal and accounting activities, annual average | 100.4 | 107.7 | 127.0 | 135.2 | 141.7 | 149.6 (so far) |
| Change from the year before | +8.7% | +7.3% | +17.9% | +6.4% | +4.8% | +5.5% |
| The company's operating margin | – | – | 0.5% | 3.4% | 5.1% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: management consultancy (indeks (2021 = 100))
Turnover index: management consultancy rose 6.5% in 2025; the operating margin of Foa AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: management consultancy, annual average | 99.4 | 104.0 | 114.9 | 116.0 | 123.6 | 128.7 (so far) |
| Change from the year before | +17.3% | +4.6% | +10.5% | +1.0% | +6.5% | +4.1% |
| The company's operating margin | – | – | 0.5% | 3.4% | 5.1% | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: legal and accounting (indeks (2021 = 100))
Service prices: legal and accounting rose 4.9% in 2025; the operating margin of Foa AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: legal and accounting, annual average | 100.0 | 104.8 | 111.8 | 117.4 | 123.2 | 127.0 (so far) |
| Change from the year before | +3.4% | +4.8% | +6.7% | +5.0% | +4.9% | +3.1% |
| The company's operating margin | – | – | 0.5% | 3.4% | 5.1% | – |
Source: SSB (14335, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Foa AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 103.0 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +3.0% |
| The company's operating margin | – | – | 0.5% | 3.4% | 5.1% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Foa AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (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 | – | – | 0.5% | 3.4% | 5.1% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: legal and accounting (indeks)
Wage index: legal and accounting rose 5.4% in 2025; the operating margin of Foa AS rose 1.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: legal and accounting, annual average | 86.2 | 89.8 | 93.9 | 99.1 | 104.4 | 108.4 (so far) |
| Change from the year before | +5.1% | +4.3% | +4.5% | +5.6% | +5.4% | +3.8% |
| The company's operating margin | – | – | 0.5% | 3.4% | 5.1% | – |
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.
What the numbers say
Foa AS had an equity ratio of 83.7% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: revenue fell by 28% and the equity ratio fell from 96.2% to 83.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | 0 MNOK |
| EV/EBIT | 17.4 | missing |
| P/B | 4.1 | 1 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Business & Consumer Services.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
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
Questions and answers
How profitable is Foa AS?
The operating margin was 5.1% in 2025, against a median of 11.4% among companies in the same sector. Return on assets was 10.3%.
How solid is Foa AS?
The equity ratio was 83.7% in 2025 (median 44.0%). Debt-to-equity was 0.19 (median 1.09).
What is the liquidity of Foa AS like?
The current ratio was 6.13 in 2025 (median 1.68).
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
Group structure · 2025
108 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 Reitan AS.
Group accounts. Reitan AS for 2025: index 49 of 100, number 127 of 240 groups. See the group accounts
The group in figures
- Sectors
- Handel (26 companies), Forretningsmessig tjenesteyting (6 companies), Eiendom (63 companies), Overnatting og servering (2 companies), Kultur og fritid (2 companies), Industri (1 company) and 1 more 101 of 108 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 2,785 in all. Ås 1,081, Oslo 939, Trondheim 575, Tromsø 25, Vestby 25, Voss 24 and 9 more municipalities Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Negative equity
- 7 companies: Holtermanns Veg 1-13 AS, Skulestadmo Dagligvare AS, Rebus Midt-Norge AS, Rebus Nordre Østland AS, Ecde Service AS, Seljord Butikkeiendom 2 AS …
- Loss
- 44 companies: Kolly AS, Reitan Convenience Norway AS, Britannia Hotel AS, Uno-X Mobility Cycling AS, Reitan Convenience AS, Holtermanns Veg 1-13 AS …
- Changed 2024–2025
- 14 companies joined the group, among them: RF Oslo Haugenstua AS, NOV Næring AS, Nordregt. 6 AS, Nordre Gate Holding AS, Holtermanns Veg Utvikling 2 AS, Reitan Retail Medinvest AS. 16 companies left, among them: Sparebank 1 Fagernes Eiendom AS, Andselv Næringstomt AS, Heddalsvegen 49 Notodden AS, Swg33 Invest AS, Swg33 Eiendom AS, Grønlandskvartalene AS.
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Reitan AS
- Foa AS you are here
-
Reitan Retail AS
-
REMA 1000 AS
-
REMA 1000 Norge AS
- REMA Distribusjon Norge AS
- Kolly AS
- REMA Industrier AS
- Skulestadmo Dagligvare AS
- Kvernevik Mat AS
- Butikkdrift R13 3 AS
- Volda Dagligvare AS
- Årdalstangen Mat AS
- Butikkdrift R13 2 AS
- Lund Dagligvare AS
- Vestby Kolonial AS
- RF Oslo Haugenstua AS
- Wallendahl AS
- Org. no. 923544623
- Org. no. 927462389
- and 6 more companies
-
- Gladengen Drift AS
- Org. no. 925814660
- Reitan Handel AS
-
- Britannia Hotel AS
- Rely AS
- Reitan Kapital AS
-
R Art Reorg AS
- Org. no. 933988228
- Org. no. 925917788
- Org. no. 926302388
- RK Reorganisering AS
- Reitan Retail Medinvest AS
The tree shows up to 4 levels below the top. Large groups have more companies than shown.
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.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 4 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Reitan AS (100%)
Ultimate owner: Reitan AS
- Reitan AS · 100.0%
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.
Is this your company? Suggest changes or add information
Figures last fetched 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | 0.5% | 3.4% | 5.1% | |
| Return on assets | 3.8% | 12.1% | 10.3% | |
| Equity ratio | 96.5% | 96.2% | 83.7% | |
| Current ratio | 30.75 | 25.73 | 6.13 | |
| Revenue growth | – | 24.0% | −28.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.6 MNOK | 0.7 MNOK | 0.5 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | – | – | – |
| Total assets | 0.3 MNOK | 0.3 MNOK | 0.4 MNOK |
| Current assets | 0.2 MNOK | 0.3 MNOK | 0.4 MNOK |
| Equity | 0.3 MNOK | 0.3 MNOK | 0.3 MNOK |
| Retained earnings | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6753976.