TEQ AS
Score · fiscal year 2024
70of 100
How to read this: the company is ahead of 86 % of small companies in the same sector in 2024. What does this mean?
Rank: 5,045 of 37,175 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 65 and solidity 88 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
TEQ AS is 20 points above the median for small companies in the same sector in 2024.
Median score 50 among 34,772 companies.
Against small companies in the same sector in 2024: operating margin 10.3% (median 2.2%) and equity ratio 94.2% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 4 MNOK |
| Operating margin | 10.3% | 2.2% |
| Profit margin | 10.3% | 2.0% |
| Return on assets | 4.7% | 3.7% |
| Equity ratio | 94.2% | 38.3% |
| Debt-to-equity | 0.06 | 0.97 |
| Current ratio | 22.71 | 1.68 |
| Revenue growth | −27.8% | 2.2% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 70, TEQ AS does better than 86% of small companies in the same sector (34,889 companies) in 2024.
Score 2023–2025
- TEQ AS
- Median: small companies in the same sector
What the numbers say
TEQ AS had an operating margin of 10.3% and an equity ratio of 94.2% in 2024, and ranks 5,045 of 37,175 in Handel.
From 2023 to 2024: the operating margin fell from 22.9% to 10.3% and revenue fell by 28%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 0 MNOK |
| EV/EBIT | 8.0 | 0 MNOK |
| P/B | 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
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 10.3% (median 2.2%); Equity ratio 94.2% (median 38.3%); Current ratio 22.71 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.8% 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.
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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 65 | weight 30% |
|---|---|---|
| Solidity | 88 | weight 25% |
| Liquidity | 94 | weight 15% |
| Growth | 14 | weight 15% |
| Consistency | 80 | weight 15% |
Durability: 79 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TEQ AS?
The operating margin was 10.3% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 4.7%.
How solid is TEQ AS?
The equity ratio was 94.2% in 2024 (median 38.3%). Debt-to-equity was 0.06 (median 0.97).
What is the liquidity of TEQ AS like?
The current ratio was 22.71 in 2024 (median 1.68).
How does TEQ AS compare in Handel?
TEQ AS ranks 5,045 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 4,742 of 34,889. Revenue changed by −27.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 922561907
- Legal form
- AS
- Sector
- Handel (46.840)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 4 March 2019 7 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Rindaveien 16, 4371 EGERSUND (EIGERSUND)
- Municipality
- Eigersund rank 7–17 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 2 April 2019
- 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
- Steffen Mathiesen
- Chair of the board
- Steffen Vindheim
- Board member
- Steffen Mathiesen
- Accountant
- AZETS INSIGHT 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 | 87 | 70 | 62 | |
| Rank | 743 | 5,045 | 9,744 | |
| Operating margin | 22.9% | 10.3% | 2.8% | |
| Return on assets | 18.4% | 4.7% | 1.0% | |
| Equity ratio | 90.3% | 94.2% | 94.1% | |
| Current ratio | 12.21 | 22.71 | 17.23 | |
| Revenue growth | – | −27.8% | −30.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.4 MNOK | 0.3 MNOK | 0.2 MNOK |
| Operating profit | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.7 MNOK | 0.6 MNOK | 0.6 MNOK |
| Current assets | 0.6 MNOK | 0.6 MNOK | 0.6 MNOK |
| Equity | 0.6 MNOK | 0.6 MNOK | 0.6 MNOK |
| Retained earnings | 0.5 MNOK | 0.5 MNOK | 0.6 MNOK |
| Total liabilities | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6303307.
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