THV HOLDING AS

Org. no. 912782107 · BERGEN · Founded 2013

Score · fiscal year 2023

13of 100

How to read this: the company is ahead of 9 % of small companies in the same sector in 2023. What does this mean?

Rank: 20,150 of 22,175 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 32 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

THV HOLDING AS is 37 points below the median for small companies in the same sector in 2023.

Median score 50 among 21,461 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating margin – 4.0% not compared
Profit margin – 3.6% shown, not part of the index
Return on assets −0.9% 5.6% 32 %
Equity ratio −77.2% 34.6% 6 %
Debt-to-equity – 1.33 not compared
Current ratio 0.00 1.39 1 %
Revenue growth – 3.7% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 13, THV HOLDING AS does better than 9% of small companies in the same sector (21,505 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • THV HOLDING AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

THV HOLDING AS had an operating margin of – and an equity ratio of −77.2% in 2023, and ranks 20,150 of 22,175 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: −1.3 MNOK 1.0 not meaningful

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 · 2023

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 −77.2% (median 34.6%).

  • critical

    Consider strengthening liquidity: current liabilities are 1,103.0 times current assets.

    Based on: Current ratio 0.00 (median 1.39).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 3.6%).

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

Data quality

  • watch Revenue not reported
  • critical Negative equity
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 · 2023

What the score is made of

Profitability32 weight 30%
Solidity0 weight 25%
Liquidity1 weight 15%
Growth– no data, left out
Consistency9 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is THV HOLDING AS?

The operating margin was – in 2023, against a median of 4.0% among small companies in the same sector. Return on assets was −0.9%. The company made a loss before tax.

How solid is THV HOLDING AS?

The equity ratio was −77.2% in 2023 (median 34.6%). Equity is negative, so liabilities exceed assets.

What is the liquidity of THV HOLDING AS like?

The current ratio was 0.00 in 2023 (median 1.39). Current assets did not cover current liabilities.

How does THV HOLDING AS compare in Bygg og anlegg?

THV HOLDING AS ranks 20,150 of 22,175 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 19,477 of 21,505.

From the Central Coordinating Register

Org. no.
912782107
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
small
Employees
0–4 (not registered)
Founded
30 August 2013 13 years in operation
Share capital
0.03 MNOK
Business address
c/o Børge Sivertsen, Moldalia 14A, 5267 ESPELAND (BERGEN)
Municipality
Bergen rank 9 of 11 in KOSTRA group 12
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

Chair of the board
Børge Sivertsen
Auditor
FORUM REVISJON AS
Accountant
AIDER 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
Index131571
Rank20,15022,5533,107
Operating margin–––
Return on assets−0.9%−0.6%107.8%
Equity ratio−77.2%−84.4%66.0%
Current ratio0.000.000.38
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax−0.1 MNOK−0.1 MNOK3.7 MNOK
Net profit−0.1 MNOK−0.1 MNOK3.7 MNOK
Financial expenses0.1 MNOK0.1 MNOK–
Total assets1.7 MNOK1.7 MNOK3.5 MNOK
Current assets0.0 MNOK0.0 MNOK0.5 MNOK
Equity−1.3 MNOK−1.4 MNOK2.3 MNOK
Retained earnings−1.3 MNOK−1.5 MNOK2.3 MNOK
Total liabilities3.0 MNOK3.2 MNOK1.2 MNOK
Current liabilities1.1 MNOK1.1 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5051711.