TERMOCO AS

Org. no. 963795394 · Ringsaker · Founded 1992

Score · fiscal year 2024

58of 100

How to read this: the company is ahead of 65 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 4,311 of 12,256 · What are Morning company classes?
Place in the whole sector: 6,786 of 19,473 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 89 and solidity 25 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

TERMOCO AS is 8 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,247 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 20.0% (median 3.7%) and equity ratio 16.5% (median 33.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue7 MNOK3 MNOK
Operating margin 20.0% 3.7% 88 %
Profit margin 19.8% 3.1% shown, not part of the index
Return on assets 39.7% 8.0% 90 %
Equity ratio 16.5% 33.5% 32 %
Debt-to-equity 5.05 1.42 18 %
Current ratio 1.18 1.42 38 %
Revenue growth 56.1% 4.1% 84 %

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 58, TERMOCO AS does better than 65% of companies in the Morning class Micro in the same sector (12,256 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

TERMOCO AS had an operating margin of 20.0% and an equity ratio of 16.5% in 2024, and ranks 6,786 of 19,473 in Bygg og anlegg.

From 2023 to 2024: revenue grew by 56% and the operating margin rose from 13.6% to 20.0%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 13 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.1 MNOK 10.0 11 MNOK
EV/EBIT Operating profit: 1.4 MNOK
minus net debt −2.0 MNOK
8.0 13 MNOK
P/B Equity: 0.6 MNOK 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

Indications · 2024

Worth a closer look

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 56.1% (median 4.1%); Current ratio 1.18 (median 1.42).

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

Financial costs were 0.6% 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.

Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability89 weight 30%
Solidity25 weight 25%
Liquidity38 weight 15%
Growth84 weight 15%
Consistency47 weight 15%

Durability: 54 (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 TERMOCO AS?

The operating margin was 20.0% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 39.7%.

How solid is TERMOCO AS?

The equity ratio was 16.5% in 2024 (median 33.5%). Debt-to-equity was 5.05 (median 1.42).

What is the liquidity of TERMOCO AS like?

The current ratio was 1.18 in 2024 (median 1.42).

How does TERMOCO AS compare in Bygg og anlegg?

TERMOCO AS ranks 6,786 of 19,473 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 4,311 of 12,256. Revenue changed by 56.1% from the year before.

From the Central Coordinating Register

Org. no.
963795394
Legal form
AS
Sector
Bygg og anlegg (43.230)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
10 February 1992 34 years in operation
Share capital
0.33 MNOK
Business address
Strandsagvegen 25, 2383 BRUMUNDDAL (RINGSAKER)
Municipality
Ringsaker rank 7–12 of 13 in KOSTRA group 10
Audit
Audit opted out from 13 April 2026
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

Chair of the board
Flamur Rexhepi
Board member
Roger Pelsholen
Board member
Roar Kristiansen
Board member
Bjarne Hoel
Accountant
MOELV REGNSKAPSBYRÅ 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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index495850
Rank9,5506,78610,164
Operating margin13.6%20.0%13.3%
Return on assets24.6%39.7%27.2%
Equity ratio21.4%16.5%24.3%
Current ratio1.281.181.31
Revenue growth–56.1%−30.2%

Accounts

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

Key figure202320242025
Operating revenue4.5 MNOK7.0 MNOK4.9 MNOK
Operating profit0.6 MNOK1.4 MNOK0.6 MNOK
Profit before tax0.6 MNOK1.4 MNOK0.6 MNOK
Net profit0.4 MNOK1.1 MNOK0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.5 MNOK3.5 MNOK2.4 MNOK
Current assets2.2 MNOK3.4 MNOK2.4 MNOK
Equity0.5 MNOK0.6 MNOK0.6 MNOK
Retained earnings0.2 MNOK0.2 MNOK0.2 MNOK
Total liabilities1.9 MNOK2.9 MNOK1.8 MNOK
Current liabilities1.7 MNOK2.9 MNOK1.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6097965.