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FAMOS ENGINEERING AS

Org. no. 979817517 · STAVANGER · Founded 1998

Score · fiscal year 2023

73of 100

How to read this: the company is ahead of 89 % of small companies in the same sector in 2023. What does this mean?

Rank: 59 of 565 · Olje og gass

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 47 and solidity 80 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

FAMOS ENGINEERING AS is 23 points above the median for small companies in the same sector in 2023.

Median score 50 among 324 companies.

Against small companies in the same sector in 2023: operating margin −5.8% (median 4.3%) and equity ratio 97.1% (median 48.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin −5.8% 4.3% 28 %
Profit margin 26.8% 9.4% shown, not part of the index
Return on assets 11.0% 3.4% 66 %
Equity ratio 97.1% 48.8% 82 %
Debt-to-equity 0.03 0.50 78 %
Current ratio 34.95 1.51 88 %
Revenue growth – −40.2% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 73, FAMOS ENGINEERING AS does better than 89% of small companies in the same sector (325 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • FAMOS ENGINEERING AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

FAMOS ENGINEERING AS had an operating margin of −5.8% and an equity ratio of 97.1% in 2023, and ranks 59 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 3 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 15.3 MNOK 1.0 15 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 · 2023

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.

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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability47 weight 30%
Solidity80 weight 25%
Liquidity88 weight 15%
Growth– no data, left out
Consistency95 weight 15%

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

2023

Questions and answers

How profitable is FAMOS ENGINEERING AS?

The operating margin was −5.8% in 2023, against a median of 4.3% among small companies in the same sector. Return on assets was 11.0%.

How solid is FAMOS ENGINEERING AS?

The equity ratio was 97.1% in 2023 (median 48.8%). Debt-to-equity was 0.03 (median 0.50).

What is the liquidity of FAMOS ENGINEERING AS like?

The current ratio was 34.95 in 2023 (median 1.51).

How does FAMOS ENGINEERING AS compare in Olje og gass?

FAMOS ENGINEERING AS ranks 59 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 38 of 325.

From the Central Coordinating Register

Org. no.
979817517
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
13 April 1998 28 years in operation
Share capital
0.10 MNOK
Business address
Thorleif Haugs gate 39, 4021 STAVANGER
Municipality
Stavanger rank 5–9 of 11 in KOSTRA group 12
Audit
Audit opted out from 23 November 2011
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
Folke Kvinnesland Skrunes
Chair of the board
Odd Vegard Skrunes
Deputy member
Folke Kvinnesland Skrunes
Accountant
VOLD REGNSKAP AS

Source: Central Coordinating Register, fetched 25 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index736166
Rank5914897
Operating margin−5.8%−62.1%−7.4%
Return on assets11.0%5.9%29.8%
Equity ratio97.1%99.4%99.3%
Current ratio34.95159.09142.75
Revenue growth–−65.0%−41.7%

Accounts

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

Key figure202320242025
Operating revenue1.0 MNOK0.4 MNOK0.2 MNOK
Operating profit−0.1 MNOK−0.2 MNOK0.0 MNOK
Profit before tax0.3 MNOK0.6 MNOK4.6 MNOK
Net profit0.3 MNOK0.6 MNOK4.6 MNOK
Financial expenses1.5 MNOK0.3 MNOK1.5 MNOK
Total assets15.7 MNOK16.0 MNOK20.6 MNOK
Current assets15.7 MNOK16.0 MNOK20.6 MNOK
Equity15.3 MNOK15.9 MNOK20.5 MNOK
Retained earnings15.2 MNOK15.8 MNOK20.4 MNOK
Total liabilities0.4 MNOK0.1 MNOK0.1 MNOK
Current liabilities0.4 MNOK0.1 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4685019.

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