CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB

Org. no. 915640850 · BERGEN · Founded 1898

Score · fiscal year 2025

43of 100

How to read this: the company is ahead of 39 % of small companies in the same sector in 2025. What does this mean?

Rank: 966 of 1,571 · Kraft og energi

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 28 and solidity 45 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB is 6 points below the median for small companies in the same sector in 2025.

Median score 49 among 1,302 companies.

Against small companies in the same sector in 2025: operating margin −39.1% (median 10.9%) and equity ratio 37.4% (median 38.2%).

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 revenue39 MNOK2 MNOK
Operating margin −39.1% 10.9% 23 %
Profit margin −102.5% 2.1% shown, not part of the index
Return on assets −1.6% 0.4% 33 %
Equity ratio 37.4% 38.2% 50 %
Debt-to-equity 1.67 1.06 40 %
Current ratio 15.60 1.67 91 %
Revenue growth −9.1% 0.8% 37 %

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 43, CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB does better than 39% of small companies in the same sector (1,315 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB
  • Median: small companies in the same sector
Summary analysis

CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB has a score of 43 for 2025, rank 966 of 1,571 in the sector.

Strongest: Liquidity: percentile 91 against peers, current ratio 15.60 against a median of 1.67.

Weakest: Profitability: percentile 28 against peers, operating margin −39.1% against a median of 10.9%. Consistency: percentile 30 against peers.

Worth a closer look

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

CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB had an operating margin of −39.1% and an equity ratio of 37.4% in 2025, and ranks 966 of 1,571 in Kraft og energi.

From 2024 to 2025: the operating margin fell from 4.6% to −39.1%.

CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB did weaker than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 26 MEUR.

MethodInputMultipleEstimate
P/E Net profit: −3.0 MEUR 10.0 not meaningful
EV/EBIT Operating profit: −1.3 MEUR 8.0 not meaningful
P/B Equity: 25.9 MEUR 1.0 26 MEUR

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

  • watch

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

    Based on: Profit margin −102.5% (median 2.1%).

  • 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 −39.1% (median 10.9%).

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

Data quality

  • watch Reports in a currency other than NOK
Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was −39.1% in 2025 (sector median 12.6%), and the equity ratio 37.4%. The company had a loss before tax that year. In the other years the operating margin averaged 4.6%.

The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability28 weight 30%
Solidity45 weight 25%
Liquidity91 weight 15%
Growth37 weight 15%
Consistency30 weight 15%

Durability: 45 (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 CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB?

The operating margin was −39.1% in 2025, against a median of 10.9% among small companies in the same sector. Return on assets was −1.6%. The company made a loss before tax.

How solid is CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB?

The equity ratio was 37.4% in 2025 (median 38.2%). Debt-to-equity was 1.67 (median 1.06).

What is the liquidity of CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB like?

The current ratio was 15.60 in 2025 (median 1.67).

How does CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB compare in Kraft og energi?

CHR SALVESEN & CHR THAMS'S COMMUNICATIONS AKTIESELSKAB ranks 966 of 1,571 in Kraft og energi for 2025. Among companies of the same size (small companies) it ranks 798 of 1,315. Revenue changed by −9.1% from the year before.

From the Central Coordinating Register

Org. no.
915640850
Legal form
AS
Sector
Kraft og energi (35.121)
Size tier
small
Employees
0–4 (not registered)
Founded
18 July 1898 128 years in operation
Share capital
4.53 MNOK
Business address
Solheimsgaten 15, 5058 BERGEN
Municipality
Bergen rank 9 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.smaakraft.no

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
Tina Haaland Rasmussen
Chair of the board
Dag Eilif Tønjum
Board member
Gunnvor Åshild Bråten
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
ENORA 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?

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484543
Rank749895966
Operating margin4.5%4.6%−39.1%
Return on assets0.7%0.5%−1.6%
Equity ratio40.3%38.8%37.4%
Current ratio5.1318.7615.60
Revenue growth–−33.8%−9.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (EUR). Revenue in NOK is converted from EUR at the mean rate for the accounting period 1 January 2025–31 December 2025: 11.7177 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in EUR. Exchange rates at Norges Bank

Key figure202320242025
Operating revenue5.5 MEUR3.6 MEUR3.3 MEUR
Operating profit0.2 MEUR0.2 MEUR−1.3 MEUR
Profit before tax−1.7 MEUR−3.6 MEUR−3.4 MEUR
Net profit−1.8 MEUR−3.0 MEUR−3.0 MEUR
Financial expenses2.3 MEUR4.0 MEUR2.3 MEUR
Total assets76.1 MEUR71.1 MEUR69.2 MEUR
Current assets6.4 MEUR5.8 MEUR6.2 MEUR
Equity30.7 MEUR27.6 MEUR25.9 MEUR
Retained earnings−2.0 MEUR−4.8 MEUR−7.7 MEUR
Total liabilities45.4 MEUR43.5 MEUR43.3 MEUR
Current liabilities1.2 MEUR0.3 MEUR0.4 MEUR

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6585091.