Føie AS
Score · fiscal year 2023
50of 100
How to read this: the company is ahead of 51 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 98 of 200 · What are Morning company classes?
Place in the whole sector: 412 of 823 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 51 and solidity 49 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
Føie AS is at the median for companies in the Morning class Medium in the same sector in 2023.
Median score 50 among 200 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 22.5% (median 20.6%) and equity ratio 43.0% (median 42.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 206 MNOK | 127 MNOK |
| Operating margin | 22.5% | 20.6% |
| Profit margin | 19.0% | 18.1% |
| Return on assets | 7.1% | 7.6% |
| Equity ratio | 43.0% | 42.8% |
| Debt-to-equity | 1.32 | 1.30 |
| Current ratio | 0.49 | 1.17 |
| Revenue growth | – | – |
| Revenue per employee | 1.79 MNOK | 5.03 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 50, Føie AS does better than 51% of companies in the Morning class Medium in the same sector (200 companies) in 2023.
Score 2023–2025
- Føie AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Føie AS had an operating margin of 22.5% and an equity ratio of 43.0% in 2023, and ranks 412 of 823 in Kraft og energi.
Føie AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 252 MNOK and 305 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 305 MNOK |
| EV/EBIT | 8.0 | 252 MNOK |
| P/B | 1.0 | 289 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
- critical
Consider strengthening liquidity: current liabilities are 2.1 times current assets.
Based on: Current ratio 0.49 (median 1.17).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.2% of the debt in 2023. The policy rate averaged 3.54 % 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
The operating margin was 26.5% in 2025 (sector median 16.1%), and the equity ratio 39.9%. In the other years the operating margin averaged 20.9%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 51 | weight 30% |
|---|---|---|
| Solidity | 49 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 86 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Føie AS?
The operating margin was 22.5% in 2023, against a median of 20.6% among companies in the Morning class Medium in the same sector. Return on assets was 7.1%.
How solid is Føie AS?
The equity ratio was 43.0% in 2023 (median 42.8%). Debt-to-equity was 1.32 (median 1.30).
What is the liquidity of Føie AS like?
The current ratio was 0.49 in 2023 (median 1.17). Current assets did not cover current liabilities.
How does Føie AS compare in Kraft og energi?
Føie AS ranks 412 of 823 in Kraft og energi for 2023. Among companies in the Morning class Medium it is number 98 of 200.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 29 May 2020 | Viken fylkeskommune | Utbygging av bredbånd i avgrenset område i Viken fylke (tidligere Buskerud) | 13.2 MNOK |
| 17 January 2017 | Regionrådet for Hallingdal | Bredbåndsutbygging i Hallingdal 2016 - 2017 | value not stated |
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 28 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.
- 971589752
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Morning company class
- Medium
- Employees
- 115 registered 10 October 2026
- Founded
- 10 November 1994 31 years in operation
- Share capital
- 35.33 MNOK
- Business address
- Lienvegen 41, 3580 GEILO (HOL)
- Municipality
- Hol rank 1 of 9 in KOSTRA group 3
- Latest accounts filed
- 2025
- Website
- www.foie.no
- LEI
- 2549000SLHFOQM88L685 not renewed (lapsed)
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
- Anders Granheim
- Chair of the board
- Alf Inge Berget
- Board member
- Audun Grynning
- Board member
- Kjell Karstein Baug
- Board member
- Ingunn Aasen
- Board member
- Marit Rustberggard
- Board member
- Anne Marie Kollhus
- Board member
- Tom-Erik Løvsletten
- Board member
- Asgeir Thomsen
- Deputy member
- Ellen Langeggen
- Deputy member
- Torleif T Dalseide
- Deputy member
- Magnus Hamborg
- Deputy member
- Siv Elisabeth Ringdal
- Auditor
- Cedra Norge AS
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 50 | 52 | 53 | |
| Rank | 412 | 388 | 372 | |
| Operating margin | 22.5% | 19.3% | 26.5% | |
| Return on assets | 7.1% | 6.0% | 9.1% | |
| Equity ratio | 43.0% | 39.6% | 39.9% | |
| Current ratio | 0.49 | 0.66 | 0.61 | |
| Revenue growth | – | 119.1% | 18.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 205.7 MNOK | 450.8 MNOK | 535.7 MNOK |
| Operating profit | 46.3 MNOK | 86.9 MNOK | 142.2 MNOK |
| Profit before tax | 39.2 MNOK | 64.6 MNOK | 109.9 MNOK |
| Net profit | 30.5 MNOK | 49.3 MNOK | 85.6 MNOK |
| Financial expenses | 8.2 MNOK | 25.7 MNOK | 34.8 MNOK |
| Total assets | 670.6 MNOK | 1,504.4 MNOK | 1,598.0 MNOK |
| Current assets | 122.1 MNOK | 201.8 MNOK | 209.0 MNOK |
| Equity | 288.6 MNOK | 595.4 MNOK | 637.9 MNOK |
| Retained earnings | 253.3 MNOK | 308.4 MNOK | 351.0 MNOK |
| Total liabilities | 381.9 MNOK | 909.0 MNOK | 960.0 MNOK |
| Current liabilities | 251.1 MNOK | 307.0 MNOK | 345.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5224723.