Telemark Travel AS

Org. no. 916175841 · Notodden · Founded 2015

Score · fiscal year 2025

81of 100

How to read this: the company is ahead of 97 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 29 of 1,016 · What are Morning company classes?
Place in the whole sector: 52 of 2,063 · Forretningsmessig tjenesteyting

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 87 and solidity 91 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Telemark Travel AS is 32 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 1,014 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 31.5% (median 4.2%) and equity ratio 81.4% (median 29.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 31.5% 4.2% 91 %
Profit margin 31.7% 3.1% shown, not part of the index
Return on assets 30.9% 8.2% 83 %
Equity ratio 81.4% 29.4% 92 %
Debt-to-equity 0.23 1.53 90 %
Current ratio 3.13 1.31 83 %
Revenue growth 12.4% 6.5% 60 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 81, Telemark Travel AS does better than 97% of companies in the Morning class Micro in the same sector (1,016 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

Telemark Travel AS has a score of 81 for 2025, rank 52 of 2,063 in the sector.

Strongest: Solidity: percentile 91 against peers, equity ratio 81.4% against a median of 29.4%. Profitability: percentile 87 against peers, operating margin 31.5% against a median of 4.2%.

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

Telemark Travel AS had an operating margin of 31.5% and an equity ratio of 81.4% in 2025, and ranks 52 of 2,063 in Forretningsmessig tjenesteyting.

From 2024 to 2025: the operating margin rose from 19.4% to 31.5% and the equity ratio fell from 102.9% to 81.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.6 MNOK
8.0 3 MNOK
P/B Equity: 0.9 MNOK 1.0 1 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 31.5% (median 4.2%); Equity ratio 81.4% (median 29.4%); Current ratio 3.13 (median 1.31).

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

Financial costs were 1.6% 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.

Stress test · 2026

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 −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability87 weight 30%
Solidity91 weight 25%
Liquidity83 weight 15%
Growth60 weight 15%
Consistency71 weight 15%

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Telemark Travel AS?

The operating margin was 31.5% in 2025, against a median of 4.2% among companies in the Morning class Micro in the same sector. Return on assets was 30.9%.

How solid is Telemark Travel AS?

The equity ratio was 81.4% in 2025 (median 29.4%). Debt-to-equity was 0.23 (median 1.53).

What is the liquidity of Telemark Travel AS like?

The current ratio was 3.13 in 2025 (median 1.31).

How does Telemark Travel AS compare in Forretningsmessig tjenesteyting?

Telemark Travel AS ranks 52 of 2,063 in Forretningsmessig tjenesteyting for 2025. Among companies in the Morning class Micro it is number 29 of 1,016. Revenue changed by 12.4% from the year before.

From the Central Coordinating Register

Org. no.
916175841
Legal form
AS
Sector
Forretningsmessig tjenesteyting (79.122)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
12 October 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Bygg 55, Heddalsvegen 11, 3674 NOTODDEN
Municipality
Notodden rank 24–36 of 38 in KOSTRA group 7
Audit
Audit opted out from 6 December 2017
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

Loading roles …

Source: Central Coordinating Register, fetched 2 November 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 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index––81
Rank––52
Operating margin20.6%19.4%31.5%
Return on assets29.5%32.5%30.9%
Equity ratio79.6%102.9%81.4%
Current ratio3.51–3.13
Revenue growth–18.6%12.4%

Accounts

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

Key figure202320242025
Operating revenue0.8 MNOK0.9 MNOK1.0 MNOK
Operating profit0.2 MNOK0.2 MNOK0.3 MNOK
Profit before tax0.2 MNOK0.2 MNOK0.3 MNOK
Net profit0.1 MNOK0.1 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.5 MNOK0.6 MNOK1.1 MNOK
Current assets0.4 MNOK0.3 MNOK0.6 MNOK
Equity0.4 MNOK0.6 MNOK0.9 MNOK
Retained earnings0.4 MNOK0.5 MNOK0.8 MNOK
Total liabilities0.1 MNOK0.0 MNOK0.2 MNOK
Current liabilities0.1 MNOK0.0 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6525529.