Follo Brønnboring AS
Score · fiscal year 2024
51of 100
How to read this: the company is ahead of 52 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 5,849 of 12,256 · What are Morning company classes?
Place in the whole sector: 9,331 of 19,473 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 25 and solidity 90 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Follo Brønnboring AS is 1 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 12,247 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin −2.1% (median 3.7%) and equity ratio 77.7% (median 33.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 6 MNOK | 3 MNOK |
| Operating margin | −2.1% | 3.7% |
| Profit margin | −1.8% | 3.1% |
| Return on assets | −3.0% | 8.0% |
| Equity ratio | 77.7% | 33.5% |
| Debt-to-equity | 0.29 | 1.42 |
| Current ratio | 3.09 | 1.42 |
| Revenue growth | −29.4% | 4.1% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 51, Follo Brønnboring AS does better than 52% of companies in the Morning class Micro in the same sector (12,256 companies) in 2024.
Score 2023–2025
- Follo Brønnboring AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Follo Brønnboring AS had an operating margin of −2.1% and an equity ratio of 77.7% in 2024, and ranks 9,331 of 19,473 in Bygg og anlegg.
From 2023 to 2024: revenue fell by 29% and the operating margin rose from −4.5% to −2.1%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.8% (median 3.1%).
- 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 −2.1% (median 3.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 25 | weight 30% |
|---|---|---|
| Solidity | 90 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | 13 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 58 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Follo Brønnboring AS?
The operating margin was −2.1% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was −3.0%. The company made a loss before tax.
How solid is Follo Brønnboring AS?
The equity ratio was 77.7% in 2024 (median 33.5%). Debt-to-equity was 0.29 (median 1.42).
What is the liquidity of Follo Brønnboring AS like?
The current ratio was 3.09 in 2024 (median 1.42).
How does Follo Brønnboring AS compare in Bygg og anlegg?
Follo Brønnboring AS ranks 9,331 of 19,473 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 5,849 of 12,256. Revenue changed by −29.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 983878490
- Legal form
- AS
- Sector
- Bygg og anlegg (43.990)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 29 October 2001 25 years in operation
- Share capital
- 0.45 MNOK
- Business address
- Osloveien 335, 1815 ASKIM (INDRE ØSTFOLD)
- Municipality
- Indre Østfold rank 8 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.follobronn.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
- Sveinung Rustad Svenningsen
- Chair of the board
- Helge Lars Berger
- Board member
- Sveinung Rustad Svenningsen
- Deputy member
- Tollef Johan Berger
- Deputy member
- Helge Rustad
- Auditor
- AS REVISION
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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 64 | 51 | 57 | |
| Rank | 5,343 | 9,331 | 7,641 | |
| Operating margin | −4.5% | −2.1% | −5.1% | |
| Return on assets | −10.0% | −3.0% | −7.5% | |
| Equity ratio | 79.3% | 77.7% | 84.5% | |
| Current ratio | 3.02 | 3.09 | 4.20 | |
| Revenue growth | – | −29.4% | −10.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 8.9 MNOK | 6.3 MNOK | 5.6 MNOK |
| Operating profit | −0.4 MNOK | −0.1 MNOK | −0.3 MNOK |
| Profit before tax | −0.4 MNOK | −0.1 MNOK | −0.2 MNOK |
| Net profit | −0.3 MNOK | −0.1 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | – | 0.0 MNOK |
| Total assets | 3.9 MNOK | 3.8 MNOK | 3.3 MNOK |
| Current assets | 2.4 MNOK | 2.6 MNOK | 2.1 MNOK |
| Equity | 3.1 MNOK | 3.0 MNOK | 2.8 MNOK |
| Retained earnings | 2.6 MNOK | 2.5 MNOK | 2.3 MNOK |
| Total liabilities | 0.8 MNOK | 0.9 MNOK | 0.5 MNOK |
| Current liabilities | 0.8 MNOK | 0.9 MNOK | 0.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5581163.
Further
Similar companies
- Montasjesupport AS index 52, rank 9,328 · compare
- Kusslid Bygg AS index 51, rank 9,333 · compare
- Propanservice AS index 51, rank 9,335 · compare
- T & B Norge AS index 51, rank 9,336 · compare
- V&V Bygg AS index 51, rank 9,337 · compare