After the successes of the early nineties, culminating with an appearance in the play off finals in 1993 Furuset faced an economical crisis. Most of their top players left for bigger clubs, and relegation once again was on the cards. The club spent most of the late nineties and early 2000s as an elevator club between the two top leagues. In the 2015-16 season, Furuset was relegated to the third tier of Norwegian hockey, "2. divisjon", but was later moved up to the second tier again following the failure of Nes IK to reach league requirements.