Through the eighties Frisk stayed in the top flight, and excelled at producing talented hockey-players. Led by inspirational coach Barry Smith they made a new appearance in the play off finals in 1986. On the most however they failed to make any real impact and economical problems led the club into recession and finally relegation in the mid nineties. A merger with local club Holmen, under the name of Asker Hockey proved unsuccessful and in 1995 Frisk was back in the top league on their own feet.