THOR R NILSEN AS
Score · fiscal year 2025
69of 100
How to read this: the company is ahead of 87 % of small companies in the same sector in 2025. What does this mean?
Rank: 4,102 of 30,442 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 62 and solidity 71 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
THOR R NILSEN AS is 19 points above the median for small companies in the same sector in 2025.
Median score 50 among 28,491 companies.
Against small companies in the same sector in 2025: operating margin 4.3% (median 2.2%) and equity ratio 68.5% (median 35.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 72 MNOK | 3 MNOK |
| Operating margin | 4.3% | 2.2% |
| Profit margin | 4.1% | 2.0% |
| Return on assets | 9.4% | 3.2% |
| Equity ratio | 68.5% | 35.1% |
| Debt-to-equity | 0.46 | 1.05 |
| Current ratio | 3.17 | 1.64 |
| Revenue growth | 35.7% | 3.8% |
| Revenue per employee | 14.41 MNOK | 1.60 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 69, THOR R NILSEN AS does better than 87% of small companies in the same sector (28,889 companies) in 2025.
Score 2023–2025
- THOR R NILSEN AS
- Median: small companies in the same sector
THOR R NILSEN AS has a score of 69 for 2025, rank 4,102 of 30,442 in the sector.
Strongest: Growth: percentile 81 against peers, revenue growth 35.7% against a median of 3.8%. Liquidity: percentile 73 against peers, current ratio 3.17 against a median of 1.64.
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
What the numbers say
THOR R NILSEN AS had an operating margin of 4.3% and an equity ratio of 68.5% in 2025, and ranks 4,102 of 30,442 in Handel.
From 2024 to 2025: revenue grew by 36% and the operating margin rose from −2.6% to 4.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 24 MNOK and 38 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 24 MNOK |
| EV/EBIT | 8.0 | 38 MNOK |
| P/B | 1.0 | 29 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
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.
Data quality
No anomalies found in the figures.
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 −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 62 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 73 | weight 15% |
| Growth | 81 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 63 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is THOR R NILSEN AS?
The operating margin was 4.3% in 2025, against a median of 2.2% among small companies in the same sector. Return on assets was 9.4%.
How solid is THOR R NILSEN AS?
The equity ratio was 68.5% in 2025 (median 35.1%). Debt-to-equity was 0.46 (median 1.05).
What is the liquidity of THOR R NILSEN AS like?
The current ratio was 3.17 in 2025 (median 1.64).
How does THOR R NILSEN AS compare in Handel?
THOR R NILSEN AS ranks 4,102 of 30,442 in Handel for 2025. Among companies of the same size (small companies) it ranks 3,877 of 28,889. Revenue changed by 35.7% from the year before.
Group accounts · 2023
60 of 100
Rank 345 of 1079 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 7.2% | – |
| Return on assets | 8.3% | – |
| Equity ratio | 45.4% | – |
| Current ratio | 1.60 | – |
| Revenue growth | – | – |
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2023 (open data, NLOD 2.0).
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 822758592
- Legal form
- AS · part of a group
- Sector
- Handel (47.632)
- Size tier
- small
- Employees
- 5 registered 10 September 2026
- Founded
- 18 March 1981 45 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Skjerkøyveien 54, 3962 STATHELLE (BAMBLE)
- Municipality
- Bamble rank 23–34 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- Website
- www.trn.no
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
- Thor Roen Nilsen
- Chair of the board
- Thor Roen Nilsen
- Board member
- Wenche Nilsen
- Deputy member
- Erik Fredin Nilsen
- Auditor
- REVISORKOLLEGIET AS
- Accountant
- AIDER AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 72 | 48 | 69 | |
| Rank | 4,093 | 15,568 | 4,102 | |
| Operating margin | 3.1% | −2.6% | 4.3% | |
| Return on assets | 9.3% | 1.4% | 9.4% | |
| Equity ratio | 73.4% | 59.5% | 68.5% | |
| Current ratio | 2.93 | 2.42 | 3.17 | |
| Revenue growth | – | −36.7% | 35.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 83.8 MNOK | 53.1 MNOK | 72.1 MNOK |
| Operating profit | 2.6 MNOK | −1.4 MNOK | 3.1 MNOK |
| Profit before tax | 3.3 MNOK | 0.2 MNOK | 3.0 MNOK |
| Net profit | 2.0 MNOK | 0.4 MNOK | 2.4 MNOK |
| Financial expenses | 0.8 MNOK | 0.6 MNOK | 1.0 MNOK |
| Total assets | 44.3 MNOK | 55.3 MNOK | 42.7 MNOK |
| Current assets | 26.7 MNOK | 50.8 MNOK | 37.4 MNOK |
| Equity | 32.5 MNOK | 32.9 MNOK | 29.2 MNOK |
| Retained earnings | 32.4 MNOK | 32.8 MNOK | 29.1 MNOK |
| Total liabilities | 11.8 MNOK | 22.4 MNOK | 13.4 MNOK |
| Current liabilities | 9.1 MNOK | 21.0 MNOK | 11.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7113357.
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