TK ELEVATOR NORWAY AS
Score · fiscal year 2023
77of 100
How to read this: the company is ahead of 88 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 100 of 818 · What are Morning company classes?
Place in the whole sector: 2,247 of 18,421 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 47 and solidity 94 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
TK ELEVATOR NORWAY AS is 27 points above the median for companies in the Morning class Medium in the same sector in 2023.
Median score 50 among 818 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 3.7% (median 4.6%) and equity ratio 52.5% (median 27.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 425 MNOK | 181 MNOK |
| Operating margin | 3.7% | 4.6% |
| Profit margin | 4.2% | 4.6% |
| Return on assets | 11.5% | 11.2% |
| Equity ratio | 52.5% | 27.3% |
| Debt-to-equity | 0.90 | 2.63 |
| Current ratio | 2.05 | 1.34 |
| Revenue growth | – | 24.8% |
| Revenue per employee | 2.28 MNOK | 2.99 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 77, TK ELEVATOR NORWAY AS does better than 88% of companies in the Morning class Medium in the same sector (818 companies) in 2023.
Score 2023–2025
- TK ELEVATOR NORWAY AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
TK ELEVATOR NORWAY AS had an operating margin of 3.7% and an equity ratio of 52.5% in 2023, and ranks 2,247 of 18,421 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 136 MNOK and 145 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 136 MNOK |
| EV/EBIT | 8.0 | 139 MNOK |
| P/B | 1.0 | 145 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.
Financial costs were 10.5% of the debt in 2023. The policy rate averaged 3.54 % 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.
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
What the score is made of
| Profitability | 47 | weight 30% |
|---|---|---|
| Solidity | 94 | weight 25% |
| Liquidity | 92 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 94 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is TK ELEVATOR NORWAY AS?
The operating margin was 3.7% in 2023, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 11.5%.
How solid is TK ELEVATOR NORWAY AS?
The equity ratio was 52.5% in 2023 (median 27.3%). Debt-to-equity was 0.90 (median 2.63).
What is the liquidity of TK ELEVATOR NORWAY AS like?
The current ratio was 2.05 in 2023 (median 1.34).
How does TK ELEVATOR NORWAY AS compare in Bygg og anlegg?
TK ELEVATOR NORWAY AS ranks 2,247 of 18,421 in Bygg og anlegg for 2023. Among companies in the Morning class Medium it is number 100 of 818.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
Public contracts
- Contracts awarded since 2024
- 17
- in 11 notices (lots counted separately)
- Total awarded value since 2024
- 30.0 MNOK
- 2 contracts without a stated value are not in the total.
- Framework agreements
- 11
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 21 August 2026 | STATSBYGG | 2026/1788 - Drift og vedlikehold av heisanlegg for eiendommer i Telemark, Vestfold og Buskerud | 5.0 MNOK (framework) |
| 30 June 2026 | NTNU | Heis - Elektroblokk C | 2.7 MNOK (2 lots) |
| 29 June 2026 | NTNU | Heis - Materialteknisk øst | 2.4 MNOK (2 lots) |
| 10 April 2026 | STATSBYGG | 2025/5558 - Drift og vedlikehold av heisanlegg i Møre og Romsdal | 5.0 MNOK (framework) |
| 4 March 2026 | Innherred Anskaffelser | Rammeavtale Håndverkertjenester Grong kommune | 1.6 MNOK (framework) |
| 13 February 2026 | Sporveien AS | Drifts- og vedlikeholdstjenester på heiser og løfteinnretninger | 15.0 MNOK |
| 9 June 2025 | AS Den Nationale Scene | Heiser og løfteplattformer til DNS Moderniseringsprosjekt | 9.9 MNOK |
| 2 May 2025 | Bergen kommune - Etat for bygg og eiendom | EBE 21 - 2024 Rammeavtale Heistjenester - Service og vedlikehold | 1.7 MNOK (framework) |
| 18 February 2025 | SYKEHUSINNKJØP HF | Heisettersyn Kalnes sykehus | value not stated |
| 20 September 2024 | Bergen kommune - Etat for bygg og eiendom | EBE 04 - 2024 Rammeavtale Administrasjon av heisalarmer | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 828447742
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (43.240)
- Morning company class
- Medium
- Employees
- 186 registered 10 October 2026
- Founded
- 29 August 1975 51 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Brobekkveien 38, 0598 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 54930085W1YM7DSBDI55 renews 12 January 2027
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
- Erik Kieding Presthus
- Chair of the board
- Özgür Aren
- Board member
- Geir Johannes Hansen
- Board member
- Inga Engel
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- KPMG ACCOUNTING AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent not reported
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 77 | 58 | 43 | |
| Rank | 2,247 | 6,949 | 13,298 | |
| Operating margin | 3.7% | −2.6% | −9.6% | |
| Return on assets | 11.5% | 2.3% | −13.2% | |
| Equity ratio | 52.5% | 58.3% | 45.6% | |
| Current ratio | 2.05 | 2.32 | 1.75 | |
| Revenue growth | – | 3.3% | −7.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 425.0 MNOK | 438.9 MNOK | 405.3 MNOK |
| Operating profit | 15.6 MNOK | −11.2 MNOK | −38.7 MNOK |
| Profit before tax | 17.9 MNOK | −3.3 MNOK | −35.3 MNOK |
| Net profit | 13.6 MNOK | −2.6 MNOK | −27.5 MNOK |
| Financial expenses | 13.8 MNOK | 8.3 MNOK | 5.9 MNOK |
| Total assets | 276.2 MNOK | 221.0 MNOK | 222.2 MNOK |
| Current assets | 269.2 MNOK | 213.4 MNOK | 211.9 MNOK |
| Equity | 145.0 MNOK | 128.9 MNOK | 101.4 MNOK |
| Retained earnings | 128.8 MNOK | 112.6 MNOK | 85.1 MNOK |
| Total liabilities | 131.2 MNOK | 92.1 MNOK | 120.9 MNOK |
| Current liabilities | 131.2 MNOK | 92.1 MNOK | 120.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5159859.
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