Toyota Material Handling Norway AS
Score · fiscal year 2024
57of 100
How to read this: the company is ahead of 69 % of companies in the Morning class Large in the same sector in 2024. What does this mean?
Rank in the Morning class Large: 93 of 294 · What are Morning company classes?
Place in the whole sector: 978 of 2,712 · Industri
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 63 and solidity 48 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology
Against the sector
Toyota Material Handling Norway AS is 7 points above the median for companies in the Morning class Large in the same sector in 2024.
Median score 50 among 294 companies.
Against companies in the Morning class Large in the same sector in 2024: operating margin 7.9% (median 5.8%) and equity ratio 31.7% (median 33.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,565 MNOK | 1,092 MNOK |
| Operating margin | 7.9% | 5.8% |
| Profit margin | 8.0% | 5.6% |
| Return on assets | 14.7% | 11.9% |
| Equity ratio | 31.7% | 33.1% |
| Debt-to-equity | 2.16 | 2.04 |
| Current ratio | 1.45 | 1.28 |
| Revenue growth | – | 6.1% |
| Revenue per employee | 4.56 MNOK | 5.73 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 57, Toyota Material Handling Norway AS does better than 69% of companies in the Morning class Large in the same sector (294 companies) in 2024.
Score 2024–2026
- Toyota Material Handling Norway AS
- Median: companies in the Morning class Large in the same sector
What the numbers say
Toyota Material Handling Norway AS had an operating margin of 7.9% and an equity ratio of 31.7% in 2024, and ranks 978 of 2,712 in Industri.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 284 MNOK and 974 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 974 MNOK |
| EV/EBIT | 8.0 | 834 MNOK |
| P/B | 1.0 | 284 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 1.2% 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
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 0.0%. 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 | 63 | weight 30% |
|---|---|---|
| Solidity | 48 | weight 25% |
| Liquidity | 63 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 57 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Toyota Material Handling Norway AS?
The operating margin was 7.9% in 2024, against a median of 5.8% among companies in the Morning class Large in the same sector. Return on assets was 14.7%.
How solid is Toyota Material Handling Norway AS?
The equity ratio was 31.7% in 2024 (median 33.1%). Debt-to-equity was 2.16 (median 2.04).
What is the liquidity of Toyota Material Handling Norway AS like?
The current ratio was 1.45 in 2024 (median 1.28).
How does Toyota Material Handling Norway AS compare in Industri?
Toyota Material Handling Norway AS ranks 978 of 2,712 in Industri for 2024. Among companies in the Morning class Large it is number 93 of 294.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- 10.0 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 16 January 2026 | Ivar IKS | Kjøp av elektriske trucker og gravemaskiner, inkludert service- og reparasjonsavtaler | 10.0 MNOK |
| 6 October 2020 | Tromsø Kommune | Containertruck / Reach stacker til Tromsø havn | 5.2 MNOK |
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.
- 925806005
- Legal form
- AS
- Sector
- Industri (33.120)
- Morning company class
- Large
- Employees
- 343 registered 10 October 2026
- Founded
- 27 December 1960 65 years in operation
- Share capital
- 10.00 MNOK
- Business address
- Vuluvegen 331, 7563 MALVIK
- Municipality
- Malvik rank 13–22 of 38 in KOSTRA group 7
- Latest accounts filed
- 2026
- Website
- www.toyota-forklifts.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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
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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 · 2024–2026
| Key figure | 2024 | 2025 | 2026 | Trend |
|---|---|---|---|---|
| Index | 57 | 52 | 37 | |
| Rank | 978 | 1,284 | 14 | |
| Operating margin | 7.9% | 3.6% | 3.6% | |
| Return on assets | 14.7% | 8.1% | 8.2% | |
| Equity ratio | 31.7% | 32.9% | 36.4% | |
| Current ratio | 1.45 | 1.43 | 1.46 | |
| Revenue growth | – | 16.2% | −1.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating revenue | 1,565.4 MNOK | 1,819.4 MNOK | 1,794.4 MNOK |
| Operating profit | 123.3 MNOK | 66.4 MNOK | 65.2 MNOK |
| Profit before tax | 124.9 MNOK | 65.2 MNOK | 62.1 MNOK |
| Net profit | 97.4 MNOK | 50.7 MNOK | 48.4 MNOK |
| Financial expenses | 7.3 MNOK | 9.4 MNOK | 10.2 MNOK |
| Total assets | 898.8 MNOK | 924.5 MNOK | 886.1 MNOK |
| Current assets | 656.5 MNOK | 669.7 MNOK | 636.9 MNOK |
| Equity | 284.5 MNOK | 304.4 MNOK | 322.8 MNOK |
| Retained earnings | 209.2 MNOK | 229.1 MNOK | 247.6 MNOK |
| Total liabilities | 614.3 MNOK | 620.1 MNOK | 563.3 MNOK |
| Current liabilities | 454.3 MNOK | 468.6 MNOK | 434.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 5897377.
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