TOM HVAAL AS

Org. no. 876000202 · LARVIK · Founded 1995 · 22 employees

Score · fiscal year 2025

63of 100

How to read this: the company is ahead of 79 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 6,313 of 25,886 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 74 and solidity 66 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

TOM HVAAL AS is 13 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 728 companies.

Against medium-sized companies in the same sector in 2025: operating margin 7.1% (median 4.4%) and equity ratio 41.2% (median 32.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue214 MNOK173 MNOK
Operating margin 7.1% 4.4% 69 %
Profit margin 7.4% 4.6% shown, not part of the index
Return on assets 19.1% 10.3% 78 %
Equity ratio 41.2% 32.4% 66 %
Debt-to-equity 1.42 2.08 66 %
Current ratio 1.51 1.36 62 %
Revenue growth −12.3% 7.1% 18 %
Revenue per employee9.73 MNOK3.18 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 63, TOM HVAAL AS does better than 79% of medium-sized companies in the same sector (734 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TOM HVAAL AS
  • Median: medium-sized companies in the same sector
Summary analysis

TOM HVAAL AS has a score of 63 for 2025, rank 6,313 of 25,886 in the sector.

Strongest: Consistency: percentile 83 against peers. Profitability: percentile 74 against peers, operating margin 7.1% against a median of 4.4%.

Weakest: Growth: percentile 18 against peers, revenue growth −12.3% against a median of 7.1%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

TOM HVAAL AS had an operating margin of 7.1% and an equity ratio of 41.2% in 2025, and ranks 6,313 of 25,886 in Bygg og anlegg.

From 2024 to 2025: the equity ratio rose from 32.8% to 41.2% and revenue fell by 12%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 37 MNOK and 167 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 12.3 MNOK 10.0 123 MNOK
EV/EBIT Operating profit: 15.2 MNOK
minus net debt −44.9 MNOK
8.0 167 MNOK
P/B Equity: 37.1 MNOK 1.0 37 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

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.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability74 weight 30%
Solidity66 weight 25%
Liquidity62 weight 15%
Growth18 weight 15%
Consistency83 weight 15%

Durability: 61 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is TOM HVAAL AS?

The operating margin was 7.1% in 2025, against a median of 4.4% among medium-sized companies in the same sector. Return on assets was 19.1%.

How solid is TOM HVAAL AS?

The equity ratio was 41.2% in 2025 (median 32.4%). Debt-to-equity was 1.42 (median 2.08).

What is the liquidity of TOM HVAAL AS like?

The current ratio was 1.51 in 2025 (median 1.36).

How does TOM HVAAL AS compare in Bygg og anlegg?

TOM HVAAL AS ranks 6,313 of 25,886 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 154 of 734. Revenue changed by −12.3% from the year before.

From the Central Coordinating Register

Org. no.
876000202
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
medium
Employees
22 registered 10 September 2026
Founded
31 August 1995 31 years in operation
Share capital
0.10 MNOK
Business address
Øvre Torggate 6, 3256 LARVIK
Municipality
Larvik rank 3 of 10 in KOSTRA group 11
Latest accounts filed
2025

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

Chief executive
Alexander Hvaal
Chair of the board
Anne-Berit Hvaal
Board member
Alexander Hvaal
Board member
Joachim Hvaal
Auditor
REVISJONSFIRMAET SCHUMACHER & HAMMER AS
Accountant
REIS REGNSKAP AS

Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index596163
Rank7,6306,7156,313
Operating margin8.1%8.3%7.1%
Return on assets21.3%25.0%19.1%
Equity ratio27.0%32.8%41.2%
Current ratio1.201.371.51
Revenue growth–−2.0%−12.3%

Accounts

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

Key figure202320242025
Operating revenue248.9 MNOK244.1 MNOK214.0 MNOK
Operating profit20.3 MNOK20.2 MNOK15.2 MNOK
Profit before tax21.3 MNOK20.9 MNOK15.8 MNOK
Net profit16.6 MNOK16.3 MNOK12.3 MNOK
Financial expenses0.4 MNOK1.2 MNOK1.4 MNOK
Total assets102.1 MNOK88.8 MNOK89.9 MNOK
Current assets89.2 MNOK81.6 MNOK79.5 MNOK
Equity27.6 MNOK29.1 MNOK37.1 MNOK
Retained earnings27.5 MNOK29.0 MNOK37.0 MNOK
Total liabilities74.5 MNOK59.6 MNOK52.8 MNOK
Current liabilities74.4 MNOK59.6 MNOK52.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6909530.