TORMATIC AS

Org. no. 983755348 · LARVIK · Founded 2001 · 15 employees

Score · fiscal year 2025

63of 100

How to read this: the company is ahead of 76 % of small companies in the same sector in 2025. What does this mean?

Rank: 9,175 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 84 and solidity 48 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

TORMATIC AS is 13 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 10.2% (median 2.5%) and equity ratio 42.6% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue65 MNOK3 MNOK
Operating margin 10.2% 2.5% 77 %
Profit margin 10.7% 2.2% shown, not part of the index
Return on assets 35.3% 4.0% 90 %
Equity ratio 42.6% 38.3% 53 %
Debt-to-equity 1.35 0.99 43 %
Current ratio 1.71 1.70 50 %
Revenue growth 3.3% 3.5% 50 %
Revenue per employee4.31 MNOK1.62 MNOK

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 63, TORMATIC AS does better than 76% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TORMATIC AS
  • Median: small companies in the same sector
Summary analysis

TORMATIC AS has a score of 63 for 2025, rank 9,175 of 38,670 in the sector.

Strongest: Profitability: percentile 84 against peers, operating margin 10.2% against a median of 2.5%. Consistency: percentile 74 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

TORMATIC AS had an operating margin of 10.2% and an equity ratio of 42.6% in 2025, and ranks 9,175 of 38,670 in Handel.

From 2024 to 2025: the operating margin fell from 13.3% to 10.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 9 MNOK and 60 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.4 MNOK 10.0 54 MNOK
EV/EBIT Operating profit: 6.6 MNOK
minus net debt −7.1 MNOK
8.0 60 MNOK
P/B Equity: 8.8 MNOK 1.0 9 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 3.2% 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

Profitability84 weight 30%
Solidity48 weight 25%
Liquidity50 weight 15%
Growth50 weight 15%
Consistency74 weight 15%

Durability: 63 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is TORMATIC AS?

The operating margin was 10.2% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 35.3%.

How solid is TORMATIC AS?

The equity ratio was 42.6% in 2025 (median 38.3%). Debt-to-equity was 1.35 (median 0.99).

What is the liquidity of TORMATIC AS like?

The current ratio was 1.71 in 2025 (median 1.70).

How does TORMATIC AS compare in Handel?

TORMATIC AS ranks 9,175 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 8,610 of 36,579. Revenue changed by 3.3% from the year before.

From the Central Coordinating Register

Org. no.
983755348
Legal form
AS
Sector
Handel (46.640)
Size tier
small
Employees
15 registered 10 April 2026
Founded
7 July 2001 25 years in operation
Share capital
2.99 MNOK
Business address
Skreppestadveien 24, 3261 LARVIK
Municipality
Larvik rank 4 of 10 in KOSTRA group 11
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
Tor Øystein Edvardsen
Chair of the board
Tor Øystein Edvardsen
Auditor
CEDRA NORGE AS
Accountant
BALTZEBERG REGNSKAP 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 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index596663
Rank11,8177,1539,175
Operating margin13.2%13.3%10.2%
Return on assets34.1%43.0%35.3%
Equity ratio33.6%45.0%42.6%
Current ratio1.471.781.71
Revenue growth–3.7%3.3%

Accounts

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

Key figure202320242025
Operating revenue60.4 MNOK62.6 MNOK64.7 MNOK
Operating profit8.0 MNOK8.3 MNOK6.6 MNOK
Profit before tax8.2 MNOK8.2 MNOK6.9 MNOK
Net profit6.4 MNOK6.4 MNOK5.4 MNOK
Financial expenses0.8 MNOK0.8 MNOK0.4 MNOK
Total assets26.3 MNOK20.9 MNOK20.6 MNOK
Current assets25.7 MNOK20.4 MNOK20.3 MNOK
Equity8.8 MNOK9.4 MNOK8.8 MNOK
Retained earnings5.8 MNOK6.4 MNOK5.8 MNOK
Total liabilities17.4 MNOK11.5 MNOK11.8 MNOK
Current liabilities17.4 MNOK11.5 MNOK11.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6764400.

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