THEOTEK AS

Org. no. 936118909 · SKIEN · Founded 2025

Score · fiscal year 2025

73of 100

How to read this: the company is ahead of 91 % of small companies in the same sector in 2025. What does this mean?

Rank: 3,617 of 38,670 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 88 and solidity 60 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

THEOTEK AS is 23 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin 11.0% (median 2.5%) and equity ratio 57.0% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue2 MNOK3 MNOK
Operating margin 11.0% 2.5% 78 %
Profit margin 11.0% 2.2% shown, not part of the index
Return on assets 63.9% 4.0% 97 %
Equity ratio 57.0% 38.3% 64 %
Debt-to-equity 0.75 0.99 56 %
Current ratio 2.33 1.70 62 %
Revenue growth – 3.5% not compared

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 73, THEOTEK AS does better than 91% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

THEOTEK AS has a score of 73 for 2025, rank 3,617 of 38,670 in the sector.

Strongest: Profitability: percentile 88 against peers, operating margin 11.0% against a median of 2.5%. Consistency: percentile 75 against peers.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

THEOTEK AS had an operating margin of 11.0% and an equity ratio of 57.0% in 2025, and ranks 3,617 of 38,670 in Handel.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −0.2 MNOK
8.0 2 MNOK
P/B Equity: 0.2 MNOK 1.0 0 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

Indications · 2025

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 0.0% 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

No anomalies found in the figures.

Stress test · 2017

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

Components · 2025

What the score is made of

Profitability88 weight 30%
Solidity60 weight 25%
Liquidity62 weight 15%
Growth– no data, left out
Consistency75 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is THEOTEK AS?

The operating margin was 11.0% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 63.9%.

How solid is THEOTEK AS?

The equity ratio was 57.0% in 2025 (median 38.3%). Debt-to-equity was 0.75 (median 0.99).

What is the liquidity of THEOTEK AS like?

The current ratio was 2.33 in 2025 (median 1.70).

How does THEOTEK AS compare in Handel?

THEOTEK AS ranks 3,617 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 3,409 of 36,579.

From the Central Coordinating Register

Org. no.
936118909
Legal form
AS
Sector
Handel (46.630)
Size tier
small
Employees
0–4 (not registered)
Founded
15 August 2025 1 years in operation
Share capital
0.03 MNOK
Business address
Nedre Elvegate 12, 3724 SKIEN
Municipality
Skien rank 9 of 10 in KOSTRA group 11
Audit
Audit opted out from 10 September 2025
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
Paiwand Saleh Ali
Chair of the board
Paiwand Saleh Ali

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 28 October 2026.

Details

Year by year

Trends appear once there is more than one fiscal year.

Accounts

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

Key figure2025
Operating revenue2.5 MNOK
Operating profit0.3 MNOK
Profit before tax0.3 MNOK
Net profit0.2 MNOK
Financial expenses0.0 MNOK
Total assets0.4 MNOK
Current assets0.4 MNOK
Equity0.2 MNOK
Retained earnings0.2 MNOK
Total liabilities0.2 MNOK
Current liabilities0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7130145.