THORS MASKIN AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 50 % of small companies in the same sector in 2025. What does this mean?
Rank: 13,137 of 25,886 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 11 and solidity 90 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
THORS MASKIN AS is at the median for small companies in the same sector in 2025.
Median score 50 among 25,101 companies.
Against small companies in the same sector in 2025: operating margin −47.3% (median 3.6%) and equity ratio 90.6% (median 34.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 2 MNOK |
| Operating margin | −47.3% | 3.6% |
| Profit margin | −45.5% | 3.3% |
| Return on assets | −17.3% | 5.6% |
| Equity ratio | 90.6% | 34.1% |
| Debt-to-equity | 0.10 | 1.29 |
| Current ratio | 9.12 | 1.40 |
| Revenue growth | −23.4% | 4.2% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 50, THORS MASKIN AS does better than 50% of small companies in the same sector (25,321 companies) in 2025.
Score 2023–2025
- THORS MASKIN AS
- Median: small companies in the same sector
THORS MASKIN AS has a score of 50 for 2025, rank 13,137 of 25,886 in the sector.
Strongest: Liquidity: percentile 93 against peers, current ratio 9.12 against a median of 1.40. Solidity: percentile 90 against peers, equity ratio 90.6% against a median of 34.1%.
Weakest: Profitability: percentile 11 against peers, operating margin −47.3% against a median of 3.6%. Growth: percentile 21 against peers, revenue growth −23.4% against a median of 4.2%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −45.5% (median 3.3%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −47.3% (median 3.6%).
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
THORS MASKIN AS had an operating margin of −47.3% and an equity ratio of 90.6% in 2025, and ranks 13,137 of 25,886 in Bygg og anlegg.
From 2024 to 2025: the operating margin fell from −9.7% to −47.3% and revenue fell by 23%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −45.5% (median 3.3%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −47.3% (median 3.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 11 | weight 30% |
|---|---|---|
| Solidity | 90 | weight 25% |
| Liquidity | 93 | weight 15% |
| Growth | 21 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is THORS MASKIN AS?
The operating margin was −47.3% in 2025, against a median of 3.6% among small companies in the same sector. Return on assets was −17.3%. The company made a loss before tax.
How solid is THORS MASKIN AS?
The equity ratio was 90.6% in 2025 (median 34.1%). Debt-to-equity was 0.10 (median 1.29).
What is the liquidity of THORS MASKIN AS like?
The current ratio was 9.12 in 2025 (median 1.40).
How does THORS MASKIN AS compare in Bygg og anlegg?
THORS MASKIN AS ranks 13,137 of 25,886 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 12,741 of 25,321. Revenue changed by −23.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 911550873
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 23 January 2013 13 years in operation
- Share capital
- 0.50 MNOK
- Business address
- v/Thor Øyvind Stangebraaten, c/o THORS MASKIN AS, Mette Mengs gate 5, 1776 HALDEN
- Municipality
- Halden rank 13 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 28 February 2013
- 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
- Thor Øyvind Stangebraaten
- Chair of the board
- Thor Øyvind Stangebraaten
- Accountant
- WICAN 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 77 | 56 | 50 | |
| Rank | 2,268 | 9,430 | 13,137 | |
| Operating margin | 6.4% | −9.7% | −47.3% | |
| Return on assets | 4.0% | −3.5% | −17.3% | |
| Equity ratio | 89.7% | 92.1% | 90.6% | |
| Current ratio | 8.33 | 10.63 | 9.12 | |
| Revenue growth | – | −21.9% | −23.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.2 MNOK | 0.9 MNOK | 0.7 MNOK |
| Operating profit | 0.1 MNOK | −0.1 MNOK | −0.3 MNOK |
| Profit before tax | 0.1 MNOK | −0.1 MNOK | −0.3 MNOK |
| Net profit | 0.1 MNOK | −0.1 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 2.2 MNOK | 2.1 MNOK | 1.8 MNOK |
| Current assets | 1.7 MNOK | 1.7 MNOK | 1.5 MNOK |
| Equity | 1.9 MNOK | 1.9 MNOK | 1.6 MNOK |
| Retained earnings | 1.4 MNOK | 1.4 MNOK | 1.1 MNOK |
| Total liabilities | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Current liabilities | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6501705.
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