TØFT AS

Org. no. 918393609 · LILLESTRØM · Founded 2017

Score · fiscal year 2024

15of 100

How to read this: the company is ahead of 6 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 10,455 of 11,149 · What are Morning company classes?
Place in the whole sector: 21,149 of 22,333 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 10 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

TØFT AS is 35 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 11,142 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin −12.3% (median 2.3%) and equity ratio −25.7% (median 35.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue2 MNOK4 MNOK
Operating margin −12.3% 2.3% 11 %
Profit margin −14.1% 1.9% shown, not part of the index
Return on assets −25.8% 5.6% 10 %
Equity ratio −25.7% 35.1% 11 %
Debt-to-equity – 1.22 not compared
Current ratio 1.55 1.76 43 %
Revenue growth −6.3% 2.8% 29 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 15, TØFT AS does better than 6% of companies in the Morning class Micro in the same sector (11,149 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TØFT AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

TØFT AS had an operating margin of −12.3% and an equity ratio of −25.7% in 2024, and ranks 21,149 of 22,333 in Handel.

From 2023 to 2024: the equity ratio fell from 30.9% to −25.7% and the operating margin fell from −0.6% to −12.3%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.3 MNOK 8.0 not meaningful
P/B Equity: −0.3 MNOK 1.0 not meaningful

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 · 2024

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −25.7% (median 35.1%).

  • watch

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

    Based on: Profit margin −14.1% (median 1.9%).

  • 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 −12.3% (median 2.3%).

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

Financial costs were 4.0% of the debt in 2024. The policy rate averaged 4.50 % 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

  • watch Balance sheet does not balance (assets ≠ equity + liabilities)
  • critical Negative equity
Stress test · 2022

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability10 weight 30%
Solidity0 weight 25%
Liquidity43 weight 15%
Growth29 weight 15%
Consistency11 weight 15%

Durability: 27 (average over 2 years)

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

2024

Questions and answers

How profitable is TØFT AS?

The operating margin was −12.3% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was −25.8%. The company made a loss before tax.

How solid is TØFT AS?

The equity ratio was −25.7% in 2024 (median 35.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of TØFT AS like?

The current ratio was 1.55 in 2024 (median 1.76).

How does TØFT AS compare in Handel?

TØFT AS ranks 21,149 of 22,333 in Handel for 2024. Among companies in the Morning class Micro it is number 10,455 of 11,149. Revenue changed by −6.3% from the year before.

From the Central Coordinating Register

Org. no.
918393609
Legal form
AS
Sector
Handel (46.420)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
7 January 2017 9 years in operation
Share capital
0.05 MNOK
Business address
c/o Frank Arild Hagen, Tomtegata 5C, 2004 LILLESTRØM
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
Audit
Audit opted out from 19 January 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

Chief executive
Frank Arild Hagen
Chair of the board
Frank Arild Hagen
Accountant
LILLESTRØM REGNSKAP OG ØKONOMI 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index391558
Rank13,86721,1497,772
Operating margin−0.6%−12.3%4.2%
Return on assets−1.2%−25.8%13.5%
Equity ratio30.9%−25.7%47.0%
Current ratio1.551.551.62
Revenue growth–−6.3%36.7%

Accounts

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

Key figure202320242025
Operating revenue2.2 MNOK2.1 MNOK2.9 MNOK
Operating profit0.0 MNOK−0.3 MNOK0.1 MNOK
Profit before tax0.0 MNOK−0.3 MNOK0.1 MNOK
Net profit0.0 MNOK−0.3 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.0 MNOK1.0 MNOK1.0 MNOK
Current assets1.0 MNOK1.0 MNOK0.9 MNOK
Equity0.3 MNOK−0.3 MNOK0.5 MNOK
Retained earnings0.3 MNOK−0.3 MNOK0.4 MNOK
Total liabilities0.7 MNOK1.0 MNOK0.8 MNOK
Current liabilities0.6 MNOK0.6 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6300349.