FLUS HOLDING AS

Org. no. 932037602 · HÅ · Founded 2023

Score · fiscal year 2025

55of 100

How to read this: the company is ahead of 59 % of small companies in the same sector in 2025. What does this mean?

Rank: 13,388 of 32,581 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 47 and solidity 67 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

FLUS HOLDING AS is 5 points above the median for small companies in the same sector in 2025.

Median score 50 among 31,471 companies.

Against small companies in the same sector in 2025: operating margin −24.1% (median 3.7%) and equity ratio 58.7% (median 36.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin −24.1% 3.7% 9 %
Profit margin 1,285.3% 3.4% shown, not part of the index
Return on assets 30.2% 5.7% 85 %
Equity ratio 58.7% 36.5% 70 %
Debt-to-equity 0.70 1.20 64 %
Current ratio 1.43 1.45 49 %
Revenue growth – 3.0% not compared

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

With an index of 55, FLUS HOLDING AS does better than 59% of small companies in the same sector (31,719 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FLUS HOLDING AS
  • Median: small companies in the same sector
Summary analysis

FLUS HOLDING AS has a score of 55 for 2025, rank 13,388 of 32,581 in the sector.

Strongest: Solidity: percentile 67 against peers, equity ratio 58.7% against a median of 36.5%.

No area is clearly below its peers.

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

Analysis · 2025

What the numbers say

FLUS HOLDING AS had an operating margin of −24.1% and an equity ratio of 58.7% in 2025, and ranks 13,388 of 32,581 in Bygg og anlegg.

From 2024 to 2025: the equity ratio fell from 70.0% to 58.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 3 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.5 MNOK 10.0 15 MNOK
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 3.1 MNOK 1.0 3 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 · 2025

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 −24.1% (median 3.7%).

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

Financial costs were 2.2% 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.

Data quality

No anomalies found in the figures.

Stress test · 2022

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability47 weight 30%
Solidity67 weight 25%
Liquidity49 weight 15%
Growth– no data, left out
Consistency54 weight 15%

Durability: 71 (average over 3 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is FLUS HOLDING AS?

The operating margin was −24.1% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 30.2%.

How solid is FLUS HOLDING AS?

The equity ratio was 58.7% in 2025 (median 36.5%). Debt-to-equity was 0.70 (median 1.20).

What is the liquidity of FLUS HOLDING AS like?

The current ratio was 1.43 in 2025 (median 1.45).

How does FLUS HOLDING AS compare in Bygg og anlegg?

FLUS HOLDING AS ranks 13,388 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 12,957 of 31,719.

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.

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

From the Central Coordinating Register

Org. no.
932037602
Legal form
AS · part of a group
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
25 August 2023 3 years in operation
Share capital
0.50 MNOK
Business address
Stokkalandssvingen 21, 4362 VIGRESTAD (HÅ)
Municipality
Hå rank 10–35 of 38 in KOSTRA group 7
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
Joar Holen
Chair of the board
Joar Holen
Auditor
FRYD REVISJON AS
Accountant
DATAPLAN ALPHA 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
Index887155
Rank6043,87313,388
Operating margin––−24.1%
Return on assets40.5%23.2%30.2%
Equity ratio94.0%70.0%58.7%
Current ratio187.511.891.43
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue––0.1 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.7 MNOK0.8 MNOK1.5 MNOK
Net profit0.7 MNOK0.8 MNOK1.5 MNOK
Financial expenses–0.0 MNOK0.0 MNOK
Total assets1.8 MNOK3.7 MNOK5.3 MNOK
Current assets0.8 MNOK0.8 MNOK2.1 MNOK
Equity1.7 MNOK2.6 MNOK3.1 MNOK
Retained earnings0.7 MNOK1.6 MNOK2.1 MNOK
Total liabilities0.1 MNOK1.1 MNOK2.2 MNOK
Current liabilities0.0 MNOK0.4 MNOK1.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6886976.

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