Fast Rørvik AS

Org. no. 985914931 · Nærøysund · AS

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Key facts

Employees 13 registered 10 October 2026
Operating revenue · 2025 3.5 MNOK Micro
Net profit · 2025 0.2 MNOK
Equity · 2025 0.3 MNOK
Founded 2003 23 years in operation
Sector Helse og omsorg 86.950
Quick check · fiscal year 2025

Is the company run well?

Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin 6.9% About like the industry Industry: 8.9%
  • Returns · return on assets 37.6% Better than the industry Industry: 18.9%
  • Solidity · equity ratio 42.8% About like the industry Industry: 43.5%
  • Liquidity · current ratio 2.39 Better than the industry Industry: 1.56
  • Growth · revenue growth 19.1% Better than the industry Industry: 4.1%

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2025

61of 100

How to read this: the company is ahead of 71 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 1,577 of 5,525 · What are Morning company classes?
Place in the whole sector: 1,867 of 6,599 · Helse og omsorg

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 60 and resilience 49 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Fast Rørvik AS is 10 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 5,517 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 6.9% (median 8.9%) and equity ratio 42.8% (median 43.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 15 % from 2023 to 2025, to 3.5 MNOK. The operating margin is about the same: 6.9% in 2025 against 6.5% in 2023. The equity ratio rose from 24.1% in 2023 to 42.8% in 2025.

Score · 2025 61 +21 points since 2023 (better)
Operating revenue · 2025 3.5 MNOK +15% since 2023 (better)
Net profit · 2025 0.2 MNOK +34% since 2023 (better)
Operating margin · 2025 6.9% about the same since 2023
Equity ratio · 2025 42.8% +18.6 pp since 2023 (better)
Current ratio · 2025 2.39 −1.42 since 2023 (weaker)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue3.1 MNOK3.0 MNOK3.5 MNOK
Operating profit0.2 MNOK−0.1 MNOK0.2 MNOK
Net profit0.1 MNOK−0.1 MNOK0.2 MNOK
Total assets0.9 MNOK0.7 MNOK0.7 MNOK
Equity0.2 MNOK0.1 MNOK0.3 MNOK
Total liabilities0.7 MNOK0.6 MNOK0.4 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
985914931
Legal form
AS
Sector
Helse og omsorg (86.950)
Purpose
Helsetjeneste som fysioterapi og salg av andre helsefrembringende varer og tjenester, investere i andre selskaper med lignende virksomhet, herunder investering i fast eiendom.
Morning company class
Micro
Employees
13 registered 10 October 2026
Founded
4 July 2003 23 years in operation
Share capital
0.30 MNOK
Business address
Havnegata 3C, 7900 RØRVIK (NÆRØYSUND)
Municipality
Nærøysund rank 2–7 of 9 in KOSTRA group 3
COVID support
0.1 MNOK from the compensation scheme, 2 grants (2021). The largest grant was for mars–april 2021, when revenue was 51% lower than before the pandemic.
Audit
Audit opted out from 3 October 2019
Latest accounts filed
2025
VAT registered
No
The company's business municipality, Nærøysund. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Summary analysis

Fast Rørvik AS has a score of 61 for 2025, rank 1,867 of 6,599 in the sector.

Strongest: Growth: percentile 81 against peers, revenue growth 19.1% against a median of 4.1%. Liquidity: percentile 67 against peers, current ratio 2.39 against a median of 1.56.

No area is clearly below its peers.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Indications · 2025

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 9.8% 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.

Stress test · 2026

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 −10.4%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability60 weight 40%
Solidity46 weight 20%
Liquidity67 weight 5%
Growth81 weight 25%
Consistency45 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 41 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin 6.9% 8.9% 46 %
Profit margin 5.9% 9.1% shown, not part of the index
Return on assets 37.6% 18.9% 74 %
Equity ratio 42.8% 43.5% 49 %
Debt-to-equity 1.34 0.99 43 %
Current ratio 2.39 1.56 67 %
Revenue growth 19.1% 4.1% 80 %
Revenue per employee0.27 MNOK0.81 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 61, Fast Rørvik AS does better than 71% of companies in the Morning class Micro in the same sector (5,525 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Fast Rørvik AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
– 14 days not compared
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
– 0 days not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−4.6% −9.6% 67 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
100.0% 75.9% 97 %
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
6.7 38.0 36 %
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
9.8% 0.3% 94 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
56.6% 6.4% 78 %

Net working capital (current assets less bank deposits less current liabilities): −0.2 MNOK.

Of the financial costs of 0.0 MNOK, 0.0 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

The industry or the company: what drove the result?

In 2025 the operating margin of Fast Rørvik AS rose by 9.3 percentage points. Comparable companies fell by a median 0.3 points. So the company did 9.6 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Fast Rørvik AS moved the same way as comparable companies 1 times. About 7% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Fast Rørvik AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
2024−2.4%9.2% −8.8 percentage points −1.0 percentage points −7.8 percentage points
20256.9%8.9% +9.3 percentage points −0.3 percentage points +9.6 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Fast Rørvik AS. The figures stand side by side; we claim no cause.

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Fast Rørvik AS rose 9.3 percentage points.

Consumer price index per year and the operating margin of Fast Rørvik AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––6.5%−2.4%6.9%–

Source: SSB (14710, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Fast Rørvik AS rose 9.3 percentage points.

Policy rate per year and the operating margin of Fast Rørvik AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––6.5%−2.4%6.9%–

Source: Norges Bank (IR, NLOD 2.0). Source

Wage index: health services (indeks)

Wage index: health services rose 5.1% in 2025; the operating margin of Fast Rørvik AS rose 9.3 percentage points.

Wage index: health services per year and the operating margin of Fast Rørvik AS
Measure202120222023202420252026
Wage index: health services, annual average88.091.696.0100.6105.8109.5 (so far)
Change from the year before+2.5%+4.1%+4.7%+4.9%+5.1%+3.6%
The company's operating margin––6.5%−2.4%6.9%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Fast Rørvik AS had an operating margin of 6.9% and an equity ratio of 42.8% in 2025, and ranks 1,867 of 6,599 in Helse og omsorg.

From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 16.4% to 42.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 2 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.1 MNOK 18.8 1 MNOK 1 MNOK
EV/EBIT Operating profit (mean 2023–2025): 0.1 MNOK
less net debt −0.2 MNOK (rough figure)
23.4 3 MNOK 2 MNOK
P/B Equity: 0.3 MNOK 1.1 0 MNOK 0 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple3 MNOK
Enterprise value after the size adjustment2 MNOK
Less net debt (rough figure)0 MNOK
Equity value2 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (86): Hospitals/Healthcare Facilities.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

2025

Questions and answers

How profitable is Fast Rørvik AS?

The operating margin was 6.9% in 2025, against a median of 8.9% among companies in the Morning class Micro in the same sector. Return on assets was 37.6%.

How solid is Fast Rørvik AS?

The equity ratio was 42.8% in 2025 (median 43.5%). Debt-to-equity was 1.34 (median 0.99).

What is the liquidity of Fast Rørvik AS like?

The current ratio was 2.39 in 2025 (median 1.56).

How does Fast Rørvik AS compare in Helse og omsorg?

Fast Rørvik AS ranks 1,867 of 6,599 in Helse og omsorg for 2025. Among companies in the Morning class Micro it is number 1,577 of 5,525. Revenue changed by 19.1% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Holand og Haven AS: 63 / 59Fysioterapiklinikken AS: 26 / 38Spesialistklinikken Stein Dragland AS: 76 / 49Harald Ringdal AS: 87 / 82Trening ER Medisin AS: 82 / 48Fast Rørvik AS: 60 / 49Nemus Majorstuen AS: 18 / 29SOLHEIM TRIM & Fysioterapi AS: 71 / 69Mediforum AS: 24 / 4900252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Holand og Haven AS Lion 4 MNOK 14.8% 67
Fysioterapiklinikken AS Beaver 4 MNOK 1.8% 32
Spesialistklinikken Stein Dragland AS Cheetah 4 MNOK 15.5% 57
Harald Ringdal AS Lion 4 MNOK 51.6% 78
Trening ER Medisin AS Cheetah 4 MNOK 27.2% 69
Fast Rørvik AS (this company) Cheetah 4 MNOK 6.9% 61
Nemus Majorstuen AS Beaver 4 MNOK −0.8% 24
SOLHEIM TRIM & Fysioterapi AS Lion 3 MNOK 22.0% 70
Mediforum AS Beaver 3 MNOK 0.5% 41

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2
Largest owner
50.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
50%

Change 2007–2025: 100% of the shares changed owner (2 new and 2 departed owners). The majority owner changed.
Departed (companies): Rørvik Eiendom AS

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.

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Figures last fetched 5 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index402061
Rank3,8025,7641,867
Operating margin6.5%−2.4%6.9%
Return on assets23.2%−9.9%37.6%
Equity ratio24.1%16.4%42.8%
Current ratio3.812.932.39
Revenue growth–−3.7%19.1%

Accounts

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

Key figure202320242025
Operating revenue3.1 MNOK3.0 MNOK3.5 MNOK
Operating profit0.2 MNOK−0.1 MNOK0.2 MNOK
Profit before tax0.2 MNOK−0.1 MNOK0.2 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.1 MNOK−0.1 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.9 MNOK0.7 MNOK0.7 MNOK
Current assets0.5 MNOK0.4 MNOK0.4 MNOK
Equity0.2 MNOK0.1 MNOK0.3 MNOK
Retained earnings−0.1 MNOK−0.2 MNOK0.0 MNOK
Total liabilities0.7 MNOK0.6 MNOK0.4 MNOK
Current liabilities0.1 MNOK0.1 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6635423.

News and announcements

From official sources: the Brønnøysund Register Centre, Oslo Børs NewsWeb and public agencies. We show the title, date and a link to the source. The link to a company, sector or municipality is automatic and may be wrong. Report a wrong link