TESS AS
Score · fiscal year 2025
38of 100
How to read this: the company is ahead of 25 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 21,387 of 30,442 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 18 and solidity 64 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
TESS AS is 12 points below the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,664 companies.
Against medium-sized companies in the same sector in 2025: operating margin −12.7% (median 3.1%) and equity ratio 42.1% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 342 MNOK | 176 MNOK |
| Operating margin | −12.7% | 3.1% |
| Profit margin | 22.8% | 3.1% |
| Return on assets | 7.6% | 11.3% |
| Equity ratio | 42.1% | 32.6% |
| Debt-to-equity | 1.37 | 2.02 |
| Current ratio | 1.16 | 1.38 |
| Revenue growth | 5.4% | 6.7% |
| Revenue per employee | 2.46 MNOK | 6.44 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 38, TESS AS does better than 25% of medium-sized companies in the same sector (1,668 companies) in 2025.
Score 2023–2025
- TESS AS
- Median: medium-sized companies in the same sector
TESS AS has a score of 38 for 2025, rank 21,387 of 30,442 in the sector.
Strongest: Solidity: percentile 64 against peers, equity ratio 42.1% against a median of 32.6%.
Weakest: Profitability: percentile 18 against peers, operating margin −12.7% against a median of 3.1%. Liquidity: percentile 31 against peers, current ratio 1.16 against a median of 1.38.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −12.7% (median 3.1%).
- What lies behind weak profitability, and will it last?
- What lies behind weak liquidity, and will it last?
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
TESS AS had an operating margin of −12.7% and an equity ratio of 42.1% in 2025, and ranks 21,387 of 30,442 in Handel.
From 2024 to 2025: the operating margin fell from −3.9% to −12.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 728 MNOK and 773 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 728 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 773 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
- 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 −12.7% (median 3.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −134.9%. 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 | 18 | weight 30% |
|---|---|---|
| Solidity | 64 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 44 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TESS AS?
The operating margin was −12.7% in 2025, against a median of 3.1% among medium-sized companies in the same sector. Return on assets was 7.6%.
How solid is TESS AS?
The equity ratio was 42.1% in 2025 (median 32.6%). Debt-to-equity was 1.37 (median 2.02).
What is the liquidity of TESS AS like?
The current ratio was 1.16 in 2025 (median 1.38).
How does TESS AS compare in Handel?
TESS AS ranks 21,387 of 30,442 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 1,258 of 1,668. Revenue changed by 5.4% from the year before.
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
- 2
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
- Framework agreements
- 1
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 7 May 2026 | Stiftelsen Tradebroker | Kjøp av drifts- og vedlikeholdsmateriell (DVH) | 2,500.0 MNOK (framework) |
| 9 July 2025 | Forsvaret v/Forsvarets logistikkorganisasjon | 2024005755 - Rammeavtale verkstedskjemikalier med tilhørende tjenester | value not stated |
| 22 September 2021 | AVINOR AS | Avinor AS - K-189286 - Rammeavtale Utrykningsbekledning (DRL) | value not stated |
| 26 May 2021 | Stiftelsen Tradebroker | Drift -og vedlikeholdsmateriell | 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 27 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.
- 916643233
- Legal form
- AS · part of a group
- Sector
- Handel (46.630)
- Size tier
- medium
- Employees
- 139 registered 10 October 2026
- Founded
- 14 January 2016 10 years in operation
- Share capital
- 55.00 MNOK
- Business address
- Industrigata 8, 3414 LIERSTRANDA
- Municipality
- Lier rank 7 of 27 in KOSTRA group 9
- 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
- Chief executive
- Erik Jølberg
- Chair of the board
- John Ansgar Karlsen
- Board member
- Nils Lauvlid
- Board member
- Geir Korsmo
- Board member
- Hanne-Celin Bakke Ekeberg
- Board member
- Inger Lise Løkken Caspersen
- Auditor
- BDO 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 32 | 37 | 38 | |
| Rank | 19,879 | 20,678 | 21,387 | |
| Operating margin | −3.3% | −3.9% | −12.7% | |
| Return on assets | 7.8% | 5.9% | 7.6% | |
| Equity ratio | 43.5% | 42.2% | 42.1% | |
| Current ratio | 0.81 | 0.77 | 1.16 | |
| Revenue growth | – | 7.7% | 5.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 301.2 MNOK | 324.3 MNOK | 341.9 MNOK |
| Operating profit | −9.9 MNOK | −12.8 MNOK | −43.4 MNOK |
| Profit before tax | 82.4 MNOK | 44.4 MNOK | 77.8 MNOK |
| Net profit | 78.1 MNOK | 39.1 MNOK | 72.8 MNOK |
| Financial expenses | 45.6 MNOK | 57.8 MNOK | 61.7 MNOK |
| Total assets | 1,639.4 MNOK | 1,719.3 MNOK | 1,834.7 MNOK |
| Current assets | 661.9 MNOK | 691.3 MNOK | 786.7 MNOK |
| Equity | 713.0 MNOK | 725.4 MNOK | 772.5 MNOK |
| Retained earnings | 153.3 MNOK | 165.7 MNOK | 212.8 MNOK |
| Total liabilities | 926.4 MNOK | 993.8 MNOK | 1,062.2 MNOK |
| Current liabilities | 817.7 MNOK | 897.1 MNOK | 679.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6974040.
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