Oddvar Thoen AS

Org. no. 975891895 · Ringerike · Founded 1995 · 7 employees

Score · fiscal year 2024

36of 100

How to read this: the company is ahead of 27 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 8,925 of 12,192 · What are Morning company classes?
Place in the whole sector: 14,443 of 19,395 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 26 and solidity 29 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Oddvar Thoen AS is 14 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,183 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin −2.0% (median 3.7%) and equity ratio 19.8% (median 33.4%).

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 −2.0% 3.7% 25 %
Profit margin −4.7% 3.0% shown, not part of the index
Return on assets −2.0% 8.0% 27 %
Equity ratio 19.8% 33.4% 36 %
Debt-to-equity 4.04 1.42 22 %
Current ratio 4.39 1.42 92 %
Revenue growth −18.6% 4.1% 22 %
Revenue per employee0.94 MNOK0.84 MNOK

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 36, Oddvar Thoen AS does better than 27% of companies in the Morning class Micro in the same sector (12,192 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

Oddvar Thoen AS had an operating margin of −2.0% and an equity ratio of 19.8% in 2024, and ranks 14,443 of 19,395 in Bygg og anlegg.

From 2023 to 2024: revenue fell by 19% and the operating margin rose from −5.4% to −2.0%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 1.2 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

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −4.7% (median 3.0%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −2.0% (median 3.7%).

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

Financial costs were 4.1% 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

Profitability26 weight 30%
Solidity29 weight 25%
Liquidity92 weight 15%
Growth22 weight 15%
Consistency26 weight 15%

Durability: 38 (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 Oddvar Thoen AS?

The operating margin was −2.0% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was −2.0%. The company made a loss before tax.

How solid is Oddvar Thoen AS?

The equity ratio was 19.8% in 2024 (median 33.4%). Debt-to-equity was 4.04 (median 1.42).

What is the liquidity of Oddvar Thoen AS like?

The current ratio was 4.39 in 2024 (median 1.42).

How does Oddvar Thoen AS compare in Bygg og anlegg?

Oddvar Thoen AS ranks 14,443 of 19,395 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 8,925 of 12,192. Revenue changed by −18.6% from the year before.

From the Central Coordinating Register

Org. no.
975891895
Legal form
AS
Sector
Bygg og anlegg (43.210)
Morning company class
Micro
Employees
7 registered 10 March 2024
Founded
10 October 1995 31 years in operation
Share capital
0.10 MNOK
Business address
Slettåkerveien 4, 3515 HØNEFOSS (RINGERIKE)
Municipality
Ringerike rank 6–11 of 13 in KOSTRA group 10
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

Loading roles …

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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index413650
Rank11,70514,44310,381
Operating margin−5.4%−2.0%4.2%
Return on assets−7.5%−2.0%5.6%
Equity ratio26.3%19.8%23.6%
Current ratio3.404.394.01
Revenue growth–−18.6%2.3%

Accounts

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

Key figure202320242025
Operating revenue8.1 MNOK6.6 MNOK6.7 MNOK
Operating profit−0.4 MNOK−0.1 MNOK0.3 MNOK
Profit before tax−0.6 MNOK−0.3 MNOK0.1 MNOK
Net profit−0.6 MNOK−0.3 MNOK0.1 MNOK
Financial expenses0.1 MNOK0.2 MNOK0.2 MNOK
Total assets5.6 MNOK5.8 MNOK5.5 MNOK
Current assets4.4 MNOK4.9 MNOK4.8 MNOK
Equity1.5 MNOK1.2 MNOK1.3 MNOK
Retained earnings1.4 MNOK1.1 MNOK1.2 MNOK
Total liabilities4.1 MNOK4.7 MNOK4.2 MNOK
Current liabilities1.3 MNOK1.1 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5519949.