Trondheim Engineering AS
Score · fiscal year 2025
47of 100
How to read this: the company is ahead of 45 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 130 of 235 · What are Morning company classes?
Place in the whole sector: 860 of 1,525 · Revisjon, regnskap og rådgivning
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 46 and solidity 42 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Trondheim Engineering AS is 3 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 50 among 235 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 8.2% (median 9.1%) and equity ratio 19.9% (median 27.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 19 MNOK | 18 MNOK |
| Operating margin | 8.2% | 9.1% |
| Profit margin | 8.8% | 10.2% |
| Return on assets | 19.0% | 20.3% |
| Equity ratio | 19.9% | 27.8% |
| Debt-to-equity | 4.03 | 2.46 |
| Current ratio | 1.23 | 1.33 |
| Revenue growth | 11.5% | 6.8% |
| Revenue per employee | 1.01 MNOK | 1.73 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 47, Trondheim Engineering AS does better than 45% of companies in the Morning class Small in the same sector (235 companies) in 2025.
Score 2023–2025
- Trondheim Engineering AS
- Median: companies in the Morning class Small in the same sector
Trondheim Engineering AS has a score of 47 for 2025, rank 860 of 1,525 in the sector.
Strongest: Growth: percentile 61 against peers, revenue growth 11.5% against a median of 6.8%.
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
What the numbers say
Trondheim Engineering AS had an operating margin of 8.2% and an equity ratio of 19.9% in 2025, and ranks 860 of 1,525 in Revisjon, regnskap og rådgivning.
From 2024 to 2025: the equity ratio fell from 42.2% to 19.9% and the operating margin fell from 12.7% to 8.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 18 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 13 MNOK |
| EV/EBIT | 8.0 | 18 MNOK |
| 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
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 0.2% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 46 | weight 30% |
|---|---|---|
| Solidity | 42 | weight 25% |
| Liquidity | 43 | weight 15% |
| Growth | 61 | weight 15% |
| Consistency | 48 | 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 Trondheim Engineering AS?
The operating margin was 8.2% in 2025, against a median of 9.1% among companies in the Morning class Small in the same sector. Return on assets was 19.0%.
How solid is Trondheim Engineering AS?
The equity ratio was 19.9% in 2025 (median 27.8%). Debt-to-equity was 4.03 (median 2.46).
What is the liquidity of Trondheim Engineering AS like?
The current ratio was 1.23 in 2025 (median 1.33).
How does Trondheim Engineering AS compare in Revisjon, regnskap og rådgivning?
Trondheim Engineering AS ranks 860 of 1,525 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Small it is number 130 of 235. Revenue changed by 11.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 913176073
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Morning company class
- Small
- Employees
- 19 registered 10 July 2026
- Founded
- 19 January 2014 12 years in operation
- Share capital
- 0.13 MNOK
- Business address
- Terminalen 6, 7080 HEIMDAL (TRONDHEIM)
- Municipality
- Trondheim rank 3 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 549300G21S9C9XZOO536 not renewed (lapsed)
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
- Jarle Haugness
- Chair of the board
- Mari Helland
- Board member
- Jarle Haugness
- Board member
- Anne Hovda
- Board member
- Eirik Lundemo
- Board member
- Jørgen Midtlyng
- Auditor
- MAGNAR GRENDAL
- Accountant
- Soldi Regnskap AS
- Accountant
- Horg Regnskap AS
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 69 | 68 | 47 | |
| Rank | 344 | 249 | 860 | |
| Operating margin | 11.6% | 12.7% | 8.2% | |
| Return on assets | 21.7% | 27.7% | 19.0% | |
| Equity ratio | 45.0% | 42.2% | 19.9% | |
| Current ratio | 1.75 | 1.71 | 1.23 | |
| Revenue growth | – | 58.3% | 11.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 10.8 MNOK | 17.2 MNOK | 19.1 MNOK |
| Operating profit | 1.3 MNOK | 2.2 MNOK | 1.6 MNOK |
| Profit before tax | 1.3 MNOK | 2.3 MNOK | 1.7 MNOK |
| Net profit | 1.0 MNOK | 1.8 MNOK | 1.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 5.9 MNOK | 8.2 MNOK | 9.0 MNOK |
| Current assets | 5.7 MNOK | 8.1 MNOK | 8.9 MNOK |
| Equity | 2.7 MNOK | 3.5 MNOK | 1.8 MNOK |
| Retained earnings | 2.6 MNOK | 3.4 MNOK | 1.8 MNOK |
| Total liabilities | 3.3 MNOK | 4.7 MNOK | 7.2 MNOK |
| Current liabilities | 3.3 MNOK | 4.7 MNOK | 7.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6540655.
Further
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