Talcon B AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin 52.0% Better than the industry Industry: 11.4%
- Returns · return on assets 5.5% Weaker than the industry Industry: 18.5%
- Solidity · equity ratio 87.5% Better than the industry Industry: 44.0%
- Liquidity · current ratio 6.38 Better than the industry Industry: 1.68
- Growth · revenue growth −70.1% Weaker than the industry Industry: 6.5%
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
How it has gone · 2023–2025
Revenue fell by 78 % from 2023 to 2025, to 0.2 MNOK. The operating margin rose from −65.8% in 2023 to 52.0% in 2025. The equity ratio fell from 90.3% in 2023 to 87.5% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.8 MNOK | 0.6 MNOK | 0.2 MNOK |
| Operating profit | −0.5 MNOK | −0.1 MNOK | 0.1 MNOK |
| Net profit | −0.6 MNOK | −0.1 MNOK | −0.8 MNOK |
| Total assets | 4.2 MNOK | 3.6 MNOK | 1.7 MNOK |
| Equity | 3.8 MNOK | 3.4 MNOK | 1.5 MNOK |
| Total liabilities | 0.4 MNOK | 0.2 MNOK | 0.2 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 989192515
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Purpose
- Investeringer i aksjer, øvrige verdipapirer og eiendommer, eiendomsforvaltning og utleie av fast eiendom, samt alt som står i forbindelse hermed, herunder rådgivende tjenester innenfor de samme områder, samt innenfor områdene organisasjon, økonomi og markedsføring.
- Morning company class
- Micro
- Employees
- 0–4 (not registered) Payroll costs in the accounts: 0.0 MNOK (2025).
- Founded
- 11 November 2005 21 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Grindbakken 16, 0764 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 8 October 2012
- Latest accounts filed
- 2025
- VAT registered
- Yes
- LEI
- 9845006975CB13DA8C38 not renewed (lapsed)
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
Worth a closer look
- critical
The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?
Based on: Interest coverage (times) 0.1 (median 28.2); Financial costs as a share of debt 432.0% (median 0.4%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −503.6% (median 12.3%).
- watch
Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?
Based on: Receivable days 297 days (median 52 days).
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 52.0% (median 11.4%); Equity ratio 87.5% (median 44.0%); Current ratio 6.38 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 432.0% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.7%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | 52.0% | 11.4% |
| Profit margin | −503.6% | 12.3% |
| Return on assets | 5.5% | 18.5% |
| Equity ratio | 87.5% | 44.0% |
| Debt-to-equity | 0.14 | 1.09 |
| Current ratio | 6.38 | 1.68 |
| Revenue growth | −70.1% | 6.5% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
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.
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
297 days | 52 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
1,677 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
411.0% | −7.1% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
34.7% | 54.7% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
0.1 | 28.2 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
432.0% | 0.4% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
– | 1.6% | |
Net working capital (current assets less bank deposits less current liabilities): 0.7 MNOK.
Of the financial costs of 0.9 MNOK, 0.0 MNOK is reported as interest costs in the accounts.
The median and the bar refer to companies in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
The industry or the company: what drove the result?
In 2025 the operating margin of Talcon B AS rose by 62.6 percentage points. Comparable companies fell by a median 0.4 points. So the company did 63.0 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Talcon B AS moved the same way as comparable companies 0 times. About 1% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | −10.6% | 11.8% | +55.2 percentage points | −1.0 percentage points | +56.2 percentage points |
| 2025 | 52.0% | 11.4% | +62.6 percentage points | −0.4 percentage points | +63.0 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Talcon B AS. The figures stand side by side; we claim no cause.
Turnover index: legal and accounting activities (indeks (2021 = 100))
Turnover index: legal and accounting activities rose 4.8% in 2025; the operating margin of Talcon B AS rose 62.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: legal and accounting activities, annual average | 100.4 | 107.7 | 127.0 | 135.2 | 141.7 | 149.6 (so far) |
| Change from the year before | +8.7% | +7.3% | +17.9% | +6.4% | +4.8% | +5.5% |
| The company's operating margin | – | – | −65.8% | −10.6% | 52.0% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: management consultancy (indeks (2021 = 100))
Turnover index: management consultancy rose 6.5% in 2025; the operating margin of Talcon B AS rose 62.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: management consultancy, annual average | 99.4 | 104.0 | 114.9 | 116.0 | 123.6 | 128.7 (so far) |
| Change from the year before | +17.3% | +4.6% | +10.5% | +1.0% | +6.5% | +4.1% |
| The company's operating margin | – | – | −65.8% | −10.6% | 52.0% | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: legal and accounting (indeks (2021 = 100))
Service prices: legal and accounting rose 4.9% in 2025; the operating margin of Talcon B AS rose 62.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: legal and accounting, annual average | 100.0 | 104.8 | 111.8 | 117.4 | 123.2 | 127.0 (so far) |
| Change from the year before | +3.4% | +4.8% | +6.7% | +5.0% | +4.9% | +3.1% |
| The company's operating margin | – | – | −65.8% | −10.6% | 52.0% | – |
Source: SSB (14335, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Talcon B AS rose 62.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 103.0 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +3.0% |
| The company's operating margin | – | – | −65.8% | −10.6% | 52.0% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Talcon B AS rose 62.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | −65.8% | −10.6% | 52.0% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: legal and accounting (indeks)
Wage index: legal and accounting rose 5.4% in 2025; the operating margin of Talcon B AS rose 62.6 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: legal and accounting, annual average | 86.2 | 89.8 | 93.9 | 99.1 | 104.4 | 108.4 (so far) |
| Change from the year before | +5.1% | +4.3% | +4.5% | +5.6% | +5.4% | +3.8% |
| The company's operating margin | – | – | −65.8% | −10.6% | 52.0% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Talcon B AS had an equity ratio of 87.5% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: the operating margin rose from −10.6% to 52.0% and revenue fell by 70%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | not meaningful |
| EV/EBIT | 17.4 | not meaningful |
| P/B | 4.1 | 4 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Business & Consumer Services.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Questions and answers
How profitable is Talcon B AS?
The operating margin was 52.0% in 2025, against a median of 11.4% among companies in the same sector. Return on assets was 5.5%. The company made a loss before tax.
How solid is Talcon B AS?
The equity ratio was 87.5% in 2025 (median 44.0%). Debt-to-equity was 0.14 (median 1.09).
What is the liquidity of Talcon B AS like?
The current ratio was 6.38 in 2025 (median 1.68).
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
Change 2007–2025: no material change in the owners.
The portfolio: 3 of the companies it owns shares in have accounts with us, 0 of them as majority owner. The average index is 52. 1 have negative equity and 2 made a loss in the latest year.
Holds shares in: Watercircles Forsikring ASA (0%), Newtec AS (39%), Cameralla AS (1%), Haga Golf AS (0%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 10 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −65.8% | −10.6% | 52.0% | |
| Return on assets | −11.9% | −1.8% | 5.5% | |
| Equity ratio | 90.3% | 94.9% | 87.5% | |
| Current ratio | 2.54 | 2.42 | 6.38 | |
| Revenue growth | – | −27.4% | −70.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.8 MNOK | 0.6 MNOK | 0.2 MNOK |
| Operating profit | −0.5 MNOK | −0.1 MNOK | 0.1 MNOK |
| Profit before tax | −0.5 MNOK | −0.1 MNOK | −0.8 MNOK |
| Tax expense | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.6 MNOK | −0.1 MNOK | −0.8 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.9 MNOK |
| Total assets | 4.2 MNOK | 3.6 MNOK | 1.7 MNOK |
| Current assets | 1.0 MNOK | 0.4 MNOK | 1.4 MNOK |
| Equity | 3.8 MNOK | 3.4 MNOK | 1.5 MNOK |
| Retained earnings | 3.7 MNOK | 3.3 MNOK | 1.4 MNOK |
| Total liabilities | 0.4 MNOK | 0.2 MNOK | 0.2 MNOK |
| Current liabilities | 0.4 MNOK | 0.2 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 10 November 2026, accounts id 6988334.