TOR-ERLING M. De Geus AS

Org. no. 892359202 · Øystre Slidre · Founded 2008

Score · fiscal year 2024

28of 100

How to read this: the company is ahead of 18 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 10,017 of 12,181 · What are Morning company classes?
Place in the whole sector: 16,228 of 19,384 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 62 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

TOR-ERLING M. De Geus AS is 22 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,172 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 4.7% (median 3.7%) and equity ratio −41.6% (median 33.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue8 MNOK3 MNOK
Operating margin 4.7% 3.7% 55 %
Profit margin 0.9% 3.0% shown, not part of the index
Return on assets 17.8% 8.0% 69 %
Equity ratio −41.6% 33.5% 8 %
Debt-to-equity – 1.42 not compared
Current ratio 0.63 1.42 13 %
Revenue growth −31.2% 4.1% 11 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 28, TOR-ERLING M. De Geus AS does better than 18% of companies in the Morning class Micro in the same sector (12,181 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TOR-ERLING M. De Geus AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

TOR-ERLING M. De Geus AS had an operating margin of 4.7% and an equity ratio of −41.6% in 2024, and ranks 16,228 of 19,384 in Bygg og anlegg.

From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −8.1% to 4.7%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): −0.6 MNOK 16.9 – not meaningful
EV/EBIT Operating profit (mean 2023–2024): −0.3 MNOK 12.7 – not meaningful
P/B Equity: −0.9 MNOK 1.6 – not meaningful

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2024

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −41.6% (median 33.5%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.6 times current assets.

    Based on: Current ratio 0.63 (median 1.42).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 10.2% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability62 weight 30%
Solidity0 weight 25%
Liquidity13 weight 15%
Growth11 weight 15%
Consistency37 weight 15%

Durability: 15 (average over 2 years)

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

2024

Questions and answers

How profitable is TOR-ERLING M. De Geus AS?

The operating margin was 4.7% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 17.8%.

How solid is TOR-ERLING M. De Geus AS?

The equity ratio was −41.6% in 2024 (median 33.5%). Equity is negative, so liabilities exceed assets.

What is the liquidity of TOR-ERLING M. De Geus AS like?

The current ratio was 0.63 in 2024 (median 1.42). Current assets did not cover current liabilities.

How does TOR-ERLING M. De Geus AS compare in Bygg og anlegg?

TOR-ERLING M. De Geus AS ranks 16,228 of 19,384 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 10,017 of 12,181. Revenue changed by −31.2% from the year before.

From the Central Coordinating Register

Org. no.
892359202
Legal form
AS
Sector
Bygg og anlegg (43.120)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
19 February 2008 18 years in operation
Share capital
1.00 MNOK
Business address
Skogsvegen 5A, 2943 ROGNE (ØYSTRE SLIDRE)
Municipality
Øystre Slidre rank 3 of 39 in KOSTRA group 4
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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index32849
Rank18,10916,22810,614
Operating margin−8.1%4.7%15.3%
Return on assets−24.9%17.8%47.7%
Equity ratio−49.8%−41.6%4.0%
Current ratio0.650.631.16
Revenue growth–−31.2%3.5%

Accounts

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

Key figure202320242025
Operating revenue11.3 MNOK7.8 MNOK8.0 MNOK
Operating profit−0.9 MNOK0.4 MNOK1.2 MNOK
Profit before tax−1.2 MNOK0.1 MNOK1.0 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit−1.2 MNOK0.1 MNOK1.0 MNOK
Financial expenses0.3 MNOK0.3 MNOK0.3 MNOK
Total assets3.7 MNOK2.1 MNOK2.6 MNOK
Current assets1.9 MNOK1.5 MNOK1.4 MNOK
Equity−1.8 MNOK−0.9 MNOK0.1 MNOK
Retained earnings−2.0 MNOK−1.9 MNOK−0.9 MNOK
Total liabilities5.5 MNOK2.9 MNOK2.5 MNOK
Current liabilities2.8 MNOK2.4 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6167569.