Thomas Framnes Holding AS
Score · fiscal year 2025
25of 100
How to read this: the company is ahead of 5 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 271 of 285 · What are Morning company classes?
Place in the whole sector: 6,713 of 7,174 · Eiendom
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 10 and solidity 39 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Thomas Framnes Holding AS is 25 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 285 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin −0.7% (median 16.6%) and equity ratio 22.6% (median 29.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 109 MNOK | 92 MNOK |
| Operating margin | −0.7% | 16.6% |
| Profit margin | −3.9% | 14.1% |
| Return on assets | −0.7% | 8.0% |
| Equity ratio | 22.6% | 29.6% |
| Debt-to-equity | 3.43 | 2.29 |
| Current ratio | 0.97 | 1.24 |
| Revenue growth | −10.0% | 7.0% |
| Revenue per employee | 21.73 MNOK | 2.97 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 25, Thomas Framnes Holding AS does better than 5% of companies in the Morning class Medium in the same sector (285 companies) in 2025.
Score 2023–2025
- Thomas Framnes Holding AS
- Median: companies in the Morning class Medium in the same sector
Thomas Framnes Holding AS has a score of 25 for 2025, rank 6,713 of 7,174 in the sector.
Strongest: Solidity: percentile 39 against peers, equity ratio 22.6% against a median of 29.6%.
Weakest: Profitability: percentile 10 against peers, operating margin −0.7% against a median of 16.6%. Growth: percentile 12 against peers, revenue growth −10.0% against a median of 7.0%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.97 (median 1.24).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −3.9% (median 14.1%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −0.7% (median 16.6%).
- What lies behind weak profitability, 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
Thomas Framnes Holding AS had an operating margin of −0.7% and an equity ratio of 22.6% in 2025, and ranks 6,713 of 7,174 in Eiendom.
From 2024 to 2025: the equity ratio fell from 29.9% to 22.6% and revenue fell by 10%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 23 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 23 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
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.97 (median 1.24).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −3.9% (median 14.1%).
- 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 −0.7% (median 16.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.4% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 31.0%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 10 | weight 30% |
|---|---|---|
| Solidity | 39 | weight 25% |
| Liquidity | 33 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 34 | weight 15% |
Durability: 41 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Thomas Framnes Holding AS?
The operating margin was −0.7% in 2025, against a median of 16.6% among companies in the Morning class Medium in the same sector. Return on assets was −0.7%. The company made a loss before tax.
How solid is Thomas Framnes Holding AS?
The equity ratio was 22.6% in 2025 (median 29.6%). Debt-to-equity was 3.43 (median 2.29).
What is the liquidity of Thomas Framnes Holding AS like?
The current ratio was 0.97 in 2025 (median 1.24). Current assets did not cover current liabilities.
How does Thomas Framnes Holding AS compare in Eiendom?
Thomas Framnes Holding AS ranks 6,713 of 7,174 in Eiendom for 2025. Among companies in the Morning class Medium it is number 271 of 285. Revenue changed by −10.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 917447160
- Legal form
- AS
- Sector
- Eiendom (68.320)
- Morning company class
- Medium
- Employees
- 5 registered 10 August 2026
- Founded
- 1 June 2016 10 years in operation
- Share capital
- 11.75 MNOK
- Business address
- Amsrudsvingen 5, 2827 HUNNDALEN (GJØVIK)
- Municipality
- Gjøvik rank 6–10 of 13 in KOSTRA group 10
- 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 1 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.
Figures last fetched 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 71 | 28 | 25 | |
| Rank | 890 | 6,265 | 6,713 | |
| Operating margin | 5.5% | 0.8% | −0.7% | |
| Return on assets | 13.3% | 1.0% | −0.7% | |
| Equity ratio | 57.8% | 29.9% | 22.6% | |
| Current ratio | 3.37 | 0.73 | 0.97 | |
| Revenue growth | – | −1.9% | −10.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 123.0 MNOK | 120.7 MNOK | 108.7 MNOK |
| Operating profit | 6.7 MNOK | 0.9 MNOK | −0.7 MNOK |
| Profit before tax | 6.1 MNOK | −1.8 MNOK | −4.2 MNOK |
| Net profit | 4.8 MNOK | −1.8 MNOK | −4.2 MNOK |
| Financial expenses | 0.7 MNOK | 2.8 MNOK | 3.6 MNOK |
| Total assets | 50.9 MNOK | 92.4 MNOK | 103.8 MNOK |
| Current assets | 24.8 MNOK | 17.2 MNOK | 13.7 MNOK |
| Equity | 29.5 MNOK | 27.6 MNOK | 23.4 MNOK |
| Retained earnings | 15.6 MNOK | 13.8 MNOK | 9.6 MNOK |
| Total liabilities | 21.5 MNOK | 64.7 MNOK | 80.4 MNOK |
| Current liabilities | 7.4 MNOK | 23.7 MNOK | 14.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7242118.
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