Fremgang AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 45 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 730 of 1,320 · What are Morning company classes?
Place in the whole sector: 1,260 of 2,286 · Revisjon, regnskap og rådgivning
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 77 and solidity 33 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Fremgang AS is 2 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,320 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 25.9% (median 9.1%) and equity ratio 30.4% (median 43.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 25.9% | 9.1% |
| Profit margin | 26.3% | 9.9% |
| Return on assets | 39.9% | 16.9% |
| Equity ratio | 30.4% | 43.4% |
| Debt-to-equity | 2.29 | 1.10 |
| Current ratio | 1.37 | 1.66 |
| Revenue growth | – | 5.7% |
| Revenue per employee | 0.14 MNOK | 0.80 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 48, Fremgang AS does better than 45% of companies in the Morning class Micro in the same sector (1,320 companies) in 2025.
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.
Fremgang AS has a score of 48 for 2025, rank 1,260 of 2,286 in the sector.
Strongest: Profitability: percentile 77 against peers, operating margin 25.9% against a median of 9.1%.
Weakest: Consistency: percentile 22 against peers. Solidity: percentile 33 against peers, equity ratio 30.4% against a median of 43.4%.
Worth a closer look
- What lies behind weak consistency, and will it last?
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Fremgang AS had an operating margin of 25.9% and an equity ratio of 30.4% in 2025, and ranks 1,260 of 2,286 in Revisjon, regnskap og rådgivning.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| 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
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 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
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 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 77 | weight 30% |
|---|---|---|
| Solidity | 33 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 22 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Fremgang AS?
The operating margin was 25.9% in 2025, against a median of 9.1% among companies in the Morning class Micro in the same sector. Return on assets was 39.9%.
How solid is Fremgang AS?
The equity ratio was 30.4% in 2025 (median 43.4%). Debt-to-equity was 2.29 (median 1.10).
What is the liquidity of Fremgang AS like?
The current ratio was 1.37 in 2025 (median 1.66).
How does Fremgang AS compare in Revisjon, regnskap og rådgivning?
Fremgang AS ranks 1,260 of 2,286 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Micro it is number 730 of 1,320.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 14.0 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 15 December 2025 | FORSVARSMATERIELL | Kunngjøring av kontraktsinngåelse - DIO - Ny kunngjøring av delkontrakt 3-6 anskaffelsesansvarlige til FMA Sivile kategorier | 14.0 MNOK |
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.
- 934859928
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Morning company class
- Micro
- Employees
- 8 registered 10 October 2026
- Founded
- 16 January 2025 1 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Drammensveien 167, 0277 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 24 January 2025
- 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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 60.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 60%
- Group chain
-
Owned by: Rong Betong Holding AS (60%)
Ultimate owner: private person
The owner: the majority owner Rong Betong Holding AS (holds 60%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Rong Betong Holding AS · 60.0%
- Gain Capital AS · 40.0%
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.
Figures last fetched 6 November 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | 1.1 MNOK |
| Operating profit | 0.3 MNOK |
| Profit before tax | 0.3 MNOK |
| Tax expense | 0.1 MNOK |
| Net profit | 0.2 MNOK |
| Financial expenses | 0.0 MNOK |
| Total assets | 0.7 MNOK |
| Current assets | 0.7 MNOK |
| Equity | 0.2 MNOK |
| Retained earnings | 0.0 MNOK |
| Total liabilities | 0.5 MNOK |
| Current liabilities | 0.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 6693494.
Further
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