TOLCON HOLDING AS
Score · fiscal year 2025
Not enough data: Not enough data (profitability or solidity missing)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 3.2% |
| Profit margin | – | 3.2% |
| Return on assets | – | 11.6% |
| Equity ratio | 32.3% | 32.6% |
| Debt-to-equity | 2.09 | 2.03 |
| Current ratio | 0.53 | 1.38 |
| Revenue growth | – | 6.8% |
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.
Score 2023–2025
- TOLCON HOLDING AS
- Median: medium-sized companies in the same sector
What the numbers say
TOLCON HOLDING AS had an equity ratio of 32.3% in 2025. The company is not ranked: not enough data (profitability or solidity missing).
From 2024 to 2025: the equity ratio fell from 40.5% to 32.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 58 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 58 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 1.9 times current assets.
Based on: Current ratio 0.53 (median 1.38).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.4% 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.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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
Questions and answers
How solid is TOLCON HOLDING AS?
The equity ratio was 32.3% in 2025 (median 32.6%). Debt-to-equity was 2.09 (median 2.03).
What is the liquidity of TOLCON HOLDING AS like?
The current ratio was 0.53 in 2025 (median 1.38). Current assets did not cover current liabilities.
Group accounts · 2025
26 of 100
Rank 1135 of 1255 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 137 MNOK
- Operating profit, group
- 1 MNOK
- Profit before tax, group
- −4 MNOK
- Total assets, group
- 164 MNOK
- Equity, group
- 52 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 0.6% | – |
| Return on assets | 1.4% | – |
| Equity ratio | 31.9% | 32.3% |
| Current ratio | 1.55 | 0.53 |
| Revenue growth | −34.9% | – |
Group index in earlier years: 2023: 31 (1306 of 1625), 2024: 62 (345 of 1296).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 929032497
- Legal form
- AS
- Sector
- Handel (46.630)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 10 March 2022 4 years in operation
- Share capital
- 1.95 MNOK
- Business address
- c/o Tolcon AS, Bjørnerudveien 18, 1266 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- 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
- Oda Halvorsrud Holen
- Chair of the board
- Knud Harald Bjørne-Larsen
- Board member
- Ole Melhus
- Auditor
- BDO 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 34 | – | |
| Rank | 16,264 | 28,365 | – | |
| Operating margin | – | – | – | |
| Return on assets | 3.2% | 6.2% | – | |
| Equity ratio | 44.6% | 40.5% | 32.3% | |
| Current ratio | 4.24 | 0.89 | 0.53 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.3 MNOK | −0.3 MNOK | −0.3 MNOK |
| Profit before tax | 0.0 MNOK | 3.5 MNOK | – |
| Net profit | 0.0 MNOK | 3.5 MNOK | 0.0 MNOK |
| Financial expenses | 6.1 MNOK | 7.8 MNOK | 7.8 MNOK |
| Total assets | 189.6 MNOK | 180.4 MNOK | 179.6 MNOK |
| Current assets | 6.7 MNOK | 10.0 MNOK | 17.3 MNOK |
| Equity | 84.6 MNOK | 73.1 MNOK | 58.1 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 105.0 MNOK | 107.3 MNOK | 121.5 MNOK |
| Current liabilities | 1.6 MNOK | 11.3 MNOK | 32.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7219400.