Thv. L. Holm AS

Org. no. 912751775 · OSLO · Founded 1948 · 12 employees

Score · fiscal year 2025

74of 100

How to read this: the company is ahead of 92 % of small companies in the same sector in 2025. What does this mean?

Rank: 3,155 of 38,671 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 86 and solidity 69 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

Thv. L. Holm AS is 24 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,111 companies.

Against small companies in the same sector in 2025: operating margin 17.2% (median 2.5%) and equity ratio 67.6% (median 38.3%).

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 revenue15 MNOK3 MNOK
Operating margin 17.2% 2.5% 86 %
Profit margin 17.2% 2.2% shown, not part of the index
Return on assets 27.2% 4.0% 86 %
Equity ratio 67.6% 38.3% 72 %
Debt-to-equity 0.48 0.99 66 %
Current ratio 3.35 1.70 73 %
Revenue growth 8.5% 3.5% 61 %
Revenue per employee1.28 MNOK1.62 MNOK

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 74, Thv. L. Holm AS does better than 92% of small companies in the same sector (36,580 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Thv. L. Holm AS
  • Median: small companies in the same sector
Summary analysis

Thv. L. Holm AS has a score of 74 for 2025, rank 3,155 of 38,671 in the sector.

Strongest: Profitability: percentile 86 against peers, operating margin 17.2% against a median of 2.5%. Liquidity: percentile 73 against peers, current ratio 3.35 against a median of 1.70.

No area is clearly below its peers.

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

Thv. L. Holm AS had an operating margin of 17.2% and an equity ratio of 67.6% in 2025, and ranks 3,155 of 38,671 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 7 MNOK and 24 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.1 MNOK 10.0 21 MNOK
EV/EBIT Operating profit: 2.6 MNOK
minus net debt −3.1 MNOK
8.0 24 MNOK
P/B Equity: 6.7 MNOK 1.0 7 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.

Financial costs were 2.2% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability86 weight 30%
Solidity69 weight 25%
Liquidity73 weight 15%
Growth61 weight 15%
Consistency71 weight 15%

Durability: 75 (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 Thv. L. Holm AS?

The operating margin was 17.2% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 27.2%.

How solid is Thv. L. Holm AS?

The equity ratio was 67.6% in 2025 (median 38.3%). Debt-to-equity was 0.48 (median 0.99).

What is the liquidity of Thv. L. Holm AS like?

The current ratio was 3.35 in 2025 (median 1.70).

How does Thv. L. Holm AS compare in Handel?

Thv. L. Holm AS ranks 3,155 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 2,970 of 36,580. Revenue changed by 8.5% from the year before.

From the Central Coordinating Register

Org. no.
912751775
Legal form
AS
Sector
Handel (47.710)
Size tier
small
Employees
12 registered 10 June 2026
Founded
24 January 1948 78 years in operation
Share capital
0.10 MNOK
Business address
Tordenskiolds gate 19, 0160 OSLO
Municipality
Oslo rank 106–282 of 357 in Norway
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
Cato Waage
Chair of the board
Cato Waage
Deputy member
Magnus Waage
Auditor
EIRA REVISJON & RÅDGIVNING AS
Accountant
LAURITZEN REGNSKAP A/S

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
Index757774
Rank4,1612,1813,155
Operating margin9.6%19.1%17.2%
Return on assets20.4%32.3%27.2%
Equity ratio60.9%66.0%67.6%
Current ratio4.053.893.35
Revenue growth–10.2%8.5%

Accounts

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

Key figure202320242025
Operating revenue12.8 MNOK14.1 MNOK15.3 MNOK
Operating profit1.2 MNOK2.7 MNOK2.6 MNOK
Profit before tax1.1 MNOK2.6 MNOK2.6 MNOK
Net profit0.9 MNOK2.0 MNOK2.1 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets6.1 MNOK8.4 MNOK9.9 MNOK
Current assets5.4 MNOK8.0 MNOK9.6 MNOK
Equity3.7 MNOK5.6 MNOK6.7 MNOK
Retained earnings3.6 MNOK5.5 MNOK6.6 MNOK
Total liabilities2.4 MNOK2.9 MNOK3.2 MNOK
Current liabilities1.3 MNOK2.0 MNOK2.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6684476.

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