FORTUM STRØM AS
Score · fiscal year 2025
42of 100
How to read this: the company is ahead of 34 % of large companies in the same sector in 2025. What does this mean?
Rank: 988 of 1,571 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 44 and solidity 15 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
FORTUM STRØM AS is 6 points below the median for large companies in the same sector in 2025.
Median score 48 among 72 companies.
Against large companies in the same sector in 2025: operating margin 1.6% (median 20.8%) and equity ratio 24.8% (median 49.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 8,562 MNOK | 2,286 MNOK |
| Operating margin | 1.6% | 20.8% |
| Profit margin | 1.5% | 18.0% |
| Return on assets | 6.0% | 4.5% |
| Equity ratio | 24.8% | 49.5% |
| Debt-to-equity | 3.03 | 1.03 |
| Current ratio | 1.32 | 1.18 |
| Revenue growth | 4.2% | 9.4% |
| Revenue per employee | 37.23 MNOK | 29.91 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 42, FORTUM STRØM AS does better than 34% of large companies in the same sector (72 companies) in 2025.
Score 2023–2025
- FORTUM STRØM AS
- Median: large companies in the same sector
FORTUM STRØM AS has a score of 42 for 2025, rank 988 of 1,571 in the sector.
Strongest: Consistency: percentile 75 against peers.
Weakest: Solidity: percentile 15 against peers, equity ratio 24.8% against a median of 49.5%. Growth: percentile 36 against peers, revenue growth 4.2% against a median of 9.4%.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, 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
FORTUM STRØM AS had an operating margin of 1.6% and an equity ratio of 24.8% in 2025, and ranks 988 of 1,571 in Kraft og energi.
From 2024 to 2025: the equity ratio rose from 19.3% to 24.8%.
FORTUM STRØM AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 545 MNOK and 1,390 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,390 MNOK |
| EV/EBIT | 8.0 | 1,086 MNOK |
| P/B | 1.0 | 545 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 1.6% in 2025 (sector median 12.6%), and the equity ratio 24.8%. In the other years the operating margin averaged 1.3%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. 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 | 44 | weight 30% |
|---|---|---|
| Solidity | 15 | weight 25% |
| Liquidity | 59 | weight 15% |
| Growth | 36 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 40 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is FORTUM STRØM AS?
The operating margin was 1.6% in 2025, against a median of 20.8% among large companies in the same sector. Return on assets was 6.0%.
How solid is FORTUM STRØM AS?
The equity ratio was 24.8% in 2025 (median 49.5%). Debt-to-equity was 3.03 (median 1.03).
What is the liquidity of FORTUM STRØM AS like?
The current ratio was 1.32 in 2025 (median 1.18).
How does FORTUM STRØM AS compare in Kraft og energi?
FORTUM STRØM AS ranks 988 of 1,571 in Kraft og energi for 2025. Among companies of the same size (large companies) it ranks 48 of 72. Revenue changed by 4.2% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 16 May 2024 | Innkjøpssamarbeidet i Østerdalen | HO-23-08 Kjøp av el-kraft | value not stated |
| 7 June 2023 | NRI Innkjøpssamarbeid | Rammeavtale for kjøp av elektrisk kraft og forvaltningstjenester | value not stated |
| 23 September 2020 | OsloMet - storbyuniversitetet | Elektrisk strøm | value not stated |
| 5 February 2020 | Oslo kommune v/Vann- og avløpsetaten | Leveranse av elektrisk kraft til Bekkelaget renseanlegg | value not stated |
| 12 September 2019 | Norsk Luftfartssenter Bodø AS | Norsk Luftfartssenter Bodø AS - Rammeavtale elektrisk kraft levering 1.1.2021 - 31.12.2023 | value not stated |
| 14 August 2019 | Midtre Namdal Avfallsselskap IKS | Kjøp av elektrisk kraft Midtre Namdal Avfallsselskap IKS, Retura NT AS og OKHH AS | value not stated |
| 20 July 2019 | Statens pensjonskasse | 18/029625 Kjøp av elektrisk kraft | value not stated |
| 1 May 2019 | Norsk Tipping AS | Kjøp av elektrisk kraft | value not stated |
| 23 January 2019 | Nedre Romerike Innkjøpssamarbeid NRI | Rammeavtale om kraftforvaltning for kjøp av elektrisk kraft | value not stated |
| 15 January 2019 | Romerike Avfallsforedling IKS (ROAF) | Rammeavtale om levering av elektrisk kraft og tilhørende tjenester | 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.
- 982584027
- Legal form
- AS
- Sector
- Kraft og energi (35.150)
- Size tier
- large
- Employees
- 230 registered 10 October 2026
- Founded
- 30 June 2000 26 years in operation
- Share capital
- 228.51 MNOK
- Business address
- Askekroken 11, 0277 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.Fortum.no
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
- Hans-Erik Ramsdal
- Chair of the board
- Jostein Lindbo
- Board member
- Knut Braathen
- Board member
- Anne Veronika Hagborg
- Auditor
- DELOITTE 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 34 | 42 | 42 | |
| Rank | 1,072 | 961 | 988 | |
| Operating margin | 1.3% | 1.4% | 1.6% | |
| Return on assets | 6.9% | 7.1% | 6.0% | |
| Equity ratio | 17.2% | 19.3% | 24.8% | |
| Current ratio | 1.18 | 1.21 | 1.32 | |
| Revenue growth | – | 6.9% | 4.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7,686.9 MNOK | 8,215.4 MNOK | 8,562.2 MNOK |
| Operating profit | 97.1 MNOK | 117.5 MNOK | 135.2 MNOK |
| Profit before tax | 58.1 MNOK | 98.8 MNOK | 131.1 MNOK |
| Net profit | 51.3 MNOK | 108.9 MNOK | 139.0 MNOK |
| Financial expenses | 104.2 MNOK | 52.8 MNOK | – |
| Total assets | 2,336.6 MNOK | 2,121.4 MNOK | 2,196.6 MNOK |
| Current assets | 2,061.0 MNOK | 1,768.8 MNOK | 1,891.0 MNOK |
| Equity | 402.6 MNOK | 409.4 MNOK | 544.6 MNOK |
| Retained earnings | 57.3 MNOK | 42.7 MNOK | 177.9 MNOK |
| Total liabilities | 1,934.0 MNOK | 1,711.9 MNOK | 1,652.0 MNOK |
| Current liabilities | 1,744.5 MNOK | 1,461.5 MNOK | 1,437.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7010596.
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