TELEMARK BYGGENTREPRENØR AS
Score · fiscal year 2023
54of 100
How to read this: the company is ahead of 57 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 12,903 of 28,986 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 47 and solidity 56 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
TELEMARK BYGGENTREPRENØR AS is 4 points above the median for medium-sized companies in the same sector in 2023.
Median score 50 among 950 companies.
Against medium-sized companies in the same sector in 2023: operating margin 3.7% (median 4.6%) and equity ratio 32.1% (median 28.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 113 MNOK | 178 MNOK |
| Operating margin | 3.7% | 4.6% |
| Profit margin | 3.8% | 4.6% |
| Return on assets | 10.5% | 10.2% |
| Equity ratio | 32.1% | 28.9% |
| Debt-to-equity | 2.12 | 2.38 |
| Current ratio | 1.31 | 1.33 |
| Revenue growth | – | 24.8% |
| Revenue per employee | 2.70 MNOK | 2.99 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 54, TELEMARK BYGGENTREPRENØR AS does better than 57% of medium-sized companies in the same sector (950 companies) in 2023.
Score 2023–2025
- TELEMARK BYGGENTREPRENØR AS
- Median: medium-sized companies in the same sector
What the numbers say
TELEMARK BYGGENTREPRENØR AS had an operating margin of 3.7% and an equity ratio of 32.1% in 2023, and ranks 12,903 of 28,986 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 13 MNOK and 36 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 34 MNOK |
| EV/EBIT | 8.0 | 36 MNOK |
| P/B | 1.0 | 13 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 0.0% of the debt in 2023. The policy rate averaged 3.54 % 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.
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 47 | weight 30% |
|---|---|---|
| Solidity | 56 | weight 25% |
| Liquidity | 48 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 70 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is TELEMARK BYGGENTREPRENØR AS?
The operating margin was 3.7% in 2023, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 10.5%.
How solid is TELEMARK BYGGENTREPRENØR AS?
The equity ratio was 32.1% in 2023 (median 28.9%). Debt-to-equity was 2.12 (median 2.38).
What is the liquidity of TELEMARK BYGGENTREPRENØR AS like?
The current ratio was 1.31 in 2023 (median 1.33).
How does TELEMARK BYGGENTREPRENØR AS compare in Bygg og anlegg?
TELEMARK BYGGENTREPRENØR AS ranks 12,903 of 28,986 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 412 of 950.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 4.6 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 16 May 2025 | Telemark fylkeskommune | Ombygging av kantine på Bø videregående skole | 4.6 MNOK |
| 20 June 2018 | Hjartdal kommune | Hjartdal nye omsorgssenter, totalentreprise | value not stated |
| 24 April 2017 | Hjartdal kommune | Sauland nye skule K201 - Bygningsmessige arbeider | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 916561725
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (41.000)
- Size tier
- medium
- Employees
- 42 registered 10 October 2026
- Founded
- 6 January 2016 10 years in operation
- Share capital
- 1.50 MNOK
- Business address
- Torshølvegen 8, 3810 GVARV (MIDT-TELEMARK)
- Municipality
- Midt-Telemark rank 29–38 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- Website
- www.tbeas.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
- Tor Magne Nevestveit
- Chair of the board
- Dan Olav Norheim
- Board member
- Stian Sveinsson
- Auditor
- CEDRA NORGE AS
- Accountant
- AVANTI RÅDGIVNING AS
- Accountant
- SAGA REGNSKAP OG RÅDGIVNING AS
Source: Central Coordinating Register, fetched 29 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 54 | 41 | 35 | |
| Rank | 12,903 | 20,694 | 24,537 | |
| Operating margin | 3.7% | 4.1% | 3.2% | |
| Return on assets | 10.5% | 13.0% | 9.2% | |
| Equity ratio | 32.1% | 20.1% | 21.9% | |
| Current ratio | 1.31 | 1.03 | 1.23 | |
| Revenue growth | – | 31.9% | −19.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 113.3 MNOK | 149.5 MNOK | 121.2 MNOK |
| Operating profit | 4.2 MNOK | 6.1 MNOK | 3.9 MNOK |
| Profit before tax | 4.3 MNOK | 6.3 MNOK | 4.1 MNOK |
| Net profit | 3.4 MNOK | 4.9 MNOK | 3.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 40.8 MNOK | 48.6 MNOK | 44.8 MNOK |
| Current assets | 31.1 MNOK | 34.7 MNOK | 37.4 MNOK |
| Equity | 13.1 MNOK | 9.8 MNOK | 9.8 MNOK |
| Retained earnings | 11.6 MNOK | 8.3 MNOK | 8.3 MNOK |
| Total liabilities | 27.7 MNOK | 38.8 MNOK | 35.0 MNOK |
| Current liabilities | 23.7 MNOK | 33.8 MNOK | 30.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4753653.
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