Fenconor AS

Org. no. 988247405 · Ås · Founded 2005

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 4,027 of 7,418 · What are Morning company classes?
Place in the whole sector: 12,319 of 22,949 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 8 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Fenconor AS is 2 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,418 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 11.6% (median 3.4%) and equity ratio 3.4% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue27 MNOK20 MNOK
Operating margin 11.6% 3.4% 86 %
Profit margin 11.5% 3.0% shown, not part of the index
Return on assets 24.0% 10.0% 80 %
Equity ratio 3.4% 36.3% 12 %
Debt-to-equity 28.49 1.51 5 %
Current ratio 1.03 1.73 15 %
Revenue growth 51.4% 5.7% 91 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 49, Fenconor AS does better than 46% of companies in the Morning class Small in the same sector (7,418 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Fenconor AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Fenconor AS has a score of 49 for 2025, rank 12,319 of 22,949 in the sector.

Strongest: Growth: percentile 91 against peers, revenue growth 51.4% against a median of 5.7%. Profitability: percentile 83 against peers, operating margin 11.6% against a median of 3.4%.

Weakest: Solidity: percentile 8 against peers, equity ratio 3.4% against a median of 36.3%. Liquidity: percentile 15 against peers, current ratio 1.03 against a median of 1.73.

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

Analysis · 2025

What the numbers say

Fenconor AS had an operating margin of 11.6% and an equity ratio of 3.4% in 2025, and ranks 12,319 of 22,949 in Handel.

From 2024 to 2025: the operating margin fell from 24.4% to 11.6% and revenue grew by 51%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 32 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.4 MNOK 10.0 24 MNOK
EV/EBIT Operating profit: 3.2 MNOK
minus net debt −6.9 MNOK
8.0 32 MNOK
P/B Equity: 0.5 MNOK 1.0 0 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 · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 3.4% (median 36.3%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 51.4% (median 5.7%); Current ratio 1.03 (median 1.73).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.3% 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 · 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 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability83 weight 30%
Solidity8 weight 25%
Liquidity15 weight 15%
Growth91 weight 15%
Consistency37 weight 15%

Durability: 42 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Fenconor AS?

The operating margin was 11.6% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 24.0%.

How solid is Fenconor AS?

The equity ratio was 3.4% in 2025 (median 36.3%). Debt-to-equity was 28.49 (median 1.51).

What is the liquidity of Fenconor AS like?

The current ratio was 1.03 in 2025 (median 1.73).

How does Fenconor AS compare in Handel?

Fenconor AS ranks 12,319 of 22,949 in Handel for 2025. Among companies in the Morning class Small it is number 4,027 of 7,418. Revenue changed by 51.4% from the year before.

From the Central Coordinating Register

Org. no.
988247405
Legal form
AS
Sector
Handel (46.640)
Morning company class
Small
Employees
0–4 (not registered)
Founded
11 May 2005 21 years in operation
Share capital
0.30 MNOK
Business address
Myråsdalen 7, 1407 VINTERBRO (ÅS)
Municipality
Ås rank 2–8 of 27 in KOSTRA group 9
Latest accounts filed
2025
Website
www.fenconor.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

Loading roles …

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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index413649
Rank13,30316,48412,319
Operating margin15.6%24.4%11.6%
Return on assets38.3%18.9%24.0%
Equity ratio4.5%1.9%3.4%
Current ratio1.051.021.03
Revenue growth–−25.3%51.4%

Accounts

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

Key figure202320242025
Operating revenue24.0 MNOK18.0 MNOK27.2 MNOK
Operating profit3.7 MNOK4.4 MNOK3.2 MNOK
Profit before tax3.7 MNOK4.6 MNOK3.1 MNOK
Net profit2.9 MNOK3.6 MNOK2.4 MNOK
Financial expenses0.4 MNOK0.2 MNOK0.3 MNOK
Total assets10.8 MNOK25.1 MNOK14.4 MNOK
Current assets10.8 MNOK25.0 MNOK14.3 MNOK
Equity0.5 MNOK0.5 MNOK0.5 MNOK
Retained earnings0.2 MNOK0.2 MNOK0.2 MNOK
Total liabilities10.3 MNOK24.6 MNOK13.9 MNOK
Current liabilities10.3 MNOK24.6 MNOK13.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7167737.

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