Fosen Progresjon AS
ASActiveOrg 935477611Joakim Brevolds Allé 4, 7170 ÅfjordBusiness and other management consultancy activities· NACE 7020Est. 2025 · 1 year old1-4 employees
Loading company…
Overview
Fosen Progresjon AS is a Norwegian AS based in Åfjord, operating in the Business and other management consultancy activities sector. Incorporated in 2025, the company reported revenue of NOK 1.0m in its latest annual filing.
Revenue 2025
1M NOK
EBITDA margin
9.0 %
Net profit 2025
0.1M NOK
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
33.4 %
WeakAmong the 40% lowest rated companies in the industry
20252025
Liquidity ratioCurrent assets ÷ Short-term debt
1.5×
AverageAround the average of companies in the same industry
20252025
Return on assets (ROA)Net profit ÷ Total assets × 100
21.3 %
StrongAmong the 30% highest rated companies in the industry
20252025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 1M NOK | — |
| EBITDA | 0.1M NOK | — |
| Net profit | 0.1M NOK | — |
| Total assets | 0.4M NOK | — |
| Equity | 0.1M NOK | — |
| Employees | — | — |
Company information
Legal name
FOSEN PROGRESJON AS
Org number
935477611
Legal form
Aksjeselskap
NACE code
Founded
17 February 2025 · 1 year
Share capital
NOK 50,000
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Å drive nærings-, bolig- og samfunnsutvikling, og gjennom dette arbeidet bidra til positiv utvikling og vekst for sine eiere og kunder. Selskapets virksomhet skal ha særlig fokus på bærekraft, utvikle nye forretningsområder og bidra til omstilling av lokalsamfunnet og næringslivet innenfor de krav som stilles til å oppfylle målsettingene som er satt innenfor det grønne skiftet.
(no translation available)
Address
Joakim Brevolds Allé 4, 7170 Åfjord
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Fosen Progresjon AS reported revenue of NOK 1.0m. The bottom line showed a net profit of NOK 76.7k, and the EBITDA margin stood at 9%.
At the end of 2025, equity financed 33.4% of the balance sheet, and current assets covered short-term debt 1.5 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 |
|---|---|
| Revenue | 1,000 |
| Staff expenses | -761 |
| EBITDA | 90 |
| Depreciation & amort. | -0 |
| EBIT | 90 |
| Net financials | 8 |
| Profit before tax | 98 |
| Tax | 22 |
| Net profit | 77 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2025 |
|---|---|
| Total assets | 359 |
| Equity | 120 |
| Long-term debt | 0 |
| Short-term debt | 239 |
| Total debt | 239 |
Financial ratios
5-year trendEBITDA margin
9.0 %
20252025
Equity ratio
33.4 %
WeakAmong the 40% lowest rated companies in the industry
20252025
Return on equity
63.8 %
StrongAmong the 30% highest rated companies in the industry
20252025
Net profit margin
7.7 %
AverageAround the average of companies in the same industry
20252025
Asset turnover
2.78×
Very strongAmong the 20% highest rated companies in the industry
20252025
Debt / equity
1.99×
WeakAmong the 30% lowest rated companies in the industry
20252025
Sector performance
23 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 30% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 30% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 10% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
AR Board of Directors | Board of Directors | 2025 |
TE Chairman | Chairman | 2025 |
AJ Board of Directors | Board of Directors | 2025 |
HS Board of Directors | Board of Directors | 2026 |
Former (1)
AH Board of Directors | Board of Directors | 2025 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 60% | 60% | 2025 | |
| Company | 20% | 20% | 2025 | |
| Company | 20% | 20% | 2025 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Åfjord Kommune
Fosen Progresjon AS Board network connections
Board members of Fosen Progresjon AS also hold positions in 38 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Hanne Skjæggestad | Board of Directors | 16 companiesMany roles |
| Tor Espnes | Chairman | 14 companiesMany roles |
| Asle Rikardsen | Board of Directors | 4 companies |
| Astrid Jakobsen | Board of Directors | 2 companies |
| Anita Helen Aronsen Aune | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of Fosen Progresjon AS?
Fosen Progresjon AS is registered with Brønnøysundsregistrene under Org 935477611.
What is the revenue of Fosen Progresjon AS?
Fosen Progresjon AS reported revenue of NOK 1.0m in 2025.
Who is the chairman of Fosen Progresjon AS?
Tor Espnes chairs the board of Fosen Progresjon AS.
Where is Fosen Progresjon AS headquartered?
Fosen Progresjon AS's registered address is Joakim Brevolds Allé 4.