Supplier assessment

Fagervoll AS

Org. no. 831709022 · Eiendom · GOL

Grade E High risk in the figures

Points59 of 100, weighted

Public contracts0 last 5 years, 0 different buyers

Fiscal year2023 The accounts for 2025 are missing

The company is bankrupt or being wound up. The grade is set to E. The latest annual accounts have not been filed: the grade cannot be better than C.

The grade is computed by fixed rules from the accounts, the register status and the contracts in Doffin. It is not made by AI.

Assessment · AI-generated

Fagervoll AS has grade E, driven by a signal that the company is bankrupt or being wound up, despite a high equity ratio in the 2023 accounts.

The grade is E on a score of 59 out of 100, and the hard signal that the company is bankrupt or being wound up sets the grade to E. A second signal notes the latest annual accounts have not been filed. The figures cover accounts year 2023 for a company founded in 2023, and they cannot show the company's current position.

Strengths

The equity ratio is 84.9%, against an industry median of 26.7%, and solidity scored 100 points.
The company is not part of a group, so there is no group structure to untangle when assessing its own accounts.

Risks

The company is bankrupt or being wound up, which sets the grade to E.
The latest annual accounts have not been filed, so the available figures may be out of date.
The current ratio is 0.00 and liquidity scored 15 points, which points to weak short-term payment capacity in the 2023 accounts.
The company has opted out of audit, and experience scored 40 points with 0 public contracts won in the last 5 years, so there is little track record to rely on.

Questions to ask

Can the buyer check the current status of the company in the public registers to confirm the bankruptcy or winding-up?
Could the buyer ask for updated annual accounts or a recent management account?
Is a bank guarantee or a parent company guarantee available, or would references from earlier customers be an option?
Could the buyer ask the company to document its capacity to deliver the contract?

This text was written by artificial intelligence (AI) on 4 November 2026 from the figures on this page. Every number in it has been checked against the database. AI can still phrase things imprecisely: read it as a starting point, not a conclusion.

How the grade is set

How the grade is set
Area	Points (0–100)	Weight	Basis
Solidity	100	30 %	Equity ratio 84.9%
Liquidity	15	20 %	Current ratio 0.00
Profitability	missing, not included	20 %	Operating margin –
Size and capacity	missing, not included	10 %	Largest contract against revenue, or revenue when there are no contracts
Experience from public contracts	40	20 %	Contracts and buyers in the last 5 years

Contracts won in the last 5 years

We find no contracts in Doffin in the last 5 years. The company may not have supplied the public sector, or its contracts were below the thresholds.

To the company page Order a competitor analysis

Method

The grade is computed by fixed rules. Each area gets 0 to 100 points from published thresholds, and the points are weighted. A missing area is left out and its weight shared by the rest. A is 80 points or more, B 65, C 50, D 35, and E below that.

Solidity (30 %): equity ratio. 40% or more gives 100 points, 30% gives 85, 20% gives 65, 10% gives 45, 0% gives 25, and negative equity gives 0.
Liquidity (20 %): current ratio. 2.0 or more gives 100 points, 1.5 gives 85, 1.2 gives 65, 1.0 gives 45, and below 1.0 gives 15.
Profitability (20 %): average of operating margin and profit margin. 10% or more gives 100 points, 5% gives 80, 0% gives 55, and a negative margin gives 15.
Size and capacity (10 %): the largest contract in Doffin against revenue. Below 10% gives 100 points, below 30% gives 70, below 60% gives 40, otherwise 15. Without contracts, revenue counts: NOK 50m gives 85, NOK 10m gives 70, NOK 1m gives 50.
Experience from public contracts (20 %): contracts won in Doffin in the last five years. 10 or more give 100 points, 3 give 85, 1 gives 65, and none gives 40. Contracts from at least three different buyers add 10 points.

Hard signals override: bankruptcy or winding-up gives E, negative equity at most D, and missing annual accounts at most C.

The written assessment is written by artificial intelligence from the same figures and labelled «AI-generated». Every number in it is checked against the database before it is shown; if the check fails, text put together from fixed rules is shown. AI does not set the grade.

The assessment is an indication based on public data: the latest annual accounts from the Brønnøysund Register Centre and contracts in Doffin. It is not a credit rating and not advice to choose or reject a supplier. The page is not indexed by search engines.