Firecom AS

Org. no. 997425871 · Stavanger · Founded 2011 · 12 employees

Score · fiscal year 2023

63of 100

How to read this: the company is ahead of 71 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 377 of 1,306 · What are Morning company classes?
Place in the whole sector: 1,148 of 3,995 · Teknisk tjenesteyting og forskning

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 78 and solidity 49 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Firecom AS is 13 points above the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 1,306 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 18.3% (median 5.3%) and equity ratio 34.4% (median 34.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue18 MNOK19 MNOK
Operating margin 18.3% 5.3% 86 %
Profit margin 17.7% 5.3% shown, not part of the index
Return on assets 23.5% 12.9% 70 %
Equity ratio 34.4% 34.2% 50 %
Debt-to-equity 1.90 1.77 47 %
Current ratio 1.51 1.43 56 %
Revenue growth – 15.8% not compared
Revenue per employee1.54 MNOK1.50 MNOK

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

With an index of 63, Firecom AS does better than 71% of companies in the Morning class Small in the same sector (1,306 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Firecom AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Firecom AS had an operating margin of 18.3% and an equity ratio of 34.4% in 2023, and ranks 1,148 of 3,995 in Teknisk tjenesteyting og forskning.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 8 MNOK and 30 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: 2.5 MNOK 18.6 46 MNOK 23 MNOK
EV/EBIT Operating profit: 3.4 MNOK
minus net debt −7.9 MNOK
15.9 62 MNOK 30 MNOK
P/B Equity: 5.3 MNOK 3.2 17 MNOK 8 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

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

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.

Financial costs were 3.2% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2021

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 −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability78 weight 30%
Solidity49 weight 25%
Liquidity56 weight 15%
Growth– no data, left out
Consistency62 weight 15%

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

2023

Questions and answers

How profitable is Firecom AS?

The operating margin was 18.3% in 2023, against a median of 5.3% among companies in the Morning class Small in the same sector. Return on assets was 23.5%.

How solid is Firecom AS?

The equity ratio was 34.4% in 2023 (median 34.2%). Debt-to-equity was 1.90 (median 1.77).

What is the liquidity of Firecom AS like?

The current ratio was 1.51 in 2023 (median 1.43).

How does Firecom AS compare in Teknisk tjenesteyting og forskning?

Firecom AS ranks 1,148 of 3,995 in Teknisk tjenesteyting og forskning for 2023. Among companies in the Morning class Small it is number 377 of 1,306.

From the Central Coordinating Register

Org. no.
997425871
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (71.129)
Morning company class
Small
Employees
12 registered 10 August 2026
Founded
19 September 2011 15 years in operation
Share capital
0.40 MNOK
Business address
Slettestrandveien 17, 4032 STAVANGER
Municipality
Stavanger rank 5 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.firecom.no
The company's business municipality, Stavanger. 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

Ownership and roles

Loading roles …

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

Shareholders (2025)

Number of shareholders
4
Largest owner
25.0% · top three 75.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
50%
Owners over 60
0% of the shares held by persons (median age 50)

The company is new in the shareholder register in 2025.

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
Index636960
Rank1,1486531,184
Operating margin18.3%23.8%30.0%
Return on assets23.5%47.2%54.3%
Equity ratio34.4%30.3%24.8%
Current ratio1.511.401.26
Revenue growth–116.8%20.0%

Accounts

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

Key figure202320242025
Operating revenue18.5 MNOK40.1 MNOK48.1 MNOK
Operating profit3.4 MNOK9.5 MNOK14.4 MNOK
Profit before tax3.3 MNOK9.5 MNOK14.2 MNOK
Tax expense0.8 MNOK2.5 MNOK2.8 MNOK
Net profit2.5 MNOK7.1 MNOK11.4 MNOK
Financial expenses0.3 MNOK0.3 MNOK0.5 MNOK
Total assets15.3 MNOK20.9 MNOK27.1 MNOK
Current assets12.4 MNOK18.2 MNOK24.0 MNOK
Equity5.3 MNOK6.3 MNOK6.7 MNOK
Retained earnings4.9 MNOK5.9 MNOK6.3 MNOK
Total liabilities10.0 MNOK14.6 MNOK20.4 MNOK
Current liabilities8.2 MNOK13.0 MNOK19.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 5016527.