BR. THORKILDSEN AS

Org. no. 880399462 · FARSUND · Founded 1998 · 83 employees

Score · fiscal year 2025

21of 100

How to read this: the company is ahead of 5 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 22,900 of 25,886 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 6 and solidity 13 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

BR. THORKILDSEN AS is 29 points below the median for medium-sized companies in the same sector in 2025.

Median score 50 among 728 companies.

Against medium-sized companies in the same sector in 2025: operating margin −5.4% (median 4.4%) and equity ratio 15.0% (median 32.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue214 MNOK173 MNOK
Operating margin −5.4% 4.4% 6 %
Profit margin −6.9% 4.6% shown, not part of the index
Return on assets −10.1% 10.3% 5 %
Equity ratio 15.0% 32.4% 14 %
Debt-to-equity 5.65 2.08 13 %
Current ratio 1.29 1.36 43 %
Revenue growth 1.1% 7.1% 39 %
Revenue per employee2.58 MNOK3.18 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 21, BR. THORKILDSEN AS does better than 5% of medium-sized companies in the same sector (734 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • BR. THORKILDSEN AS
  • Median: medium-sized companies in the same sector
Summary analysis

BR. THORKILDSEN AS has a score of 21 for 2025, rank 22,900 of 25,886 in the sector.

Strongest: Liquidity: percentile 43 against peers, current ratio 1.29 against a median of 1.36.

Weakest: Profitability: percentile 6 against peers, operating margin −5.4% against a median of 4.4%. Solidity: percentile 13 against peers, equity ratio 15.0% against a median of 32.4%.

Worth a closer look

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

BR. THORKILDSEN AS had an operating margin of −5.4% and an equity ratio of 15.0% in 2025, and ranks 22,900 of 25,886 in Bygg og anlegg.

From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 2.6% to −5.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 17 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −11.5 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −11.6 MNOK 8.0 not meaningful
P/B Equity: 17.1 MNOK 1.0 17 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

  • watch

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

    Based on: Profit margin −6.9% (median 4.6%).

  • 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 −5.4% (median 4.4%).

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

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability6 weight 30%
Solidity13 weight 25%
Liquidity43 weight 15%
Growth39 weight 15%
Consistency22 weight 15%

Durability: 39 (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 BR. THORKILDSEN AS?

The operating margin was −5.4% in 2025, against a median of 4.4% among medium-sized companies in the same sector. Return on assets was −10.1%. The company made a loss before tax.

How solid is BR. THORKILDSEN AS?

The equity ratio was 15.0% in 2025 (median 32.4%). Debt-to-equity was 5.65 (median 2.08).

What is the liquidity of BR. THORKILDSEN AS like?

The current ratio was 1.29 in 2025 (median 1.36).

How does BR. THORKILDSEN AS compare in Bygg og anlegg?

BR. THORKILDSEN AS ranks 22,900 of 25,886 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 694 of 734. Revenue changed by 1.1% from the year before.

Public contracts

Contracts awarded since 2024
0
Total awarded value since 2024
value not stated
DateBuyerNotice ValueCPV
16 October 2021 Farsund kommune Vintervedlikehold - brøyting og rydding av kommunale veier value not stated (3 lots) 90000000

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 27 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.
880399462
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
medium
Employees
83 registered 10 October 2026
Founded
21 December 1998 27 years in operation
Share capital
6.12 MNOK
Business address
Røsseviga næringsområde 2, 4560 VANSE (FARSUND)
Municipality
Farsund rank 6–15 of 40 in KOSTRA group 1
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
Carl Andreas Qvarfordt
Chair of the board
Torkel Tjelland
Board member
Siv Elisabeth Eikså
Board member
Arnfinn Ramsland
Auditor
REVISORSENTERET MANDAL 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484921
Rank11,98212,53522,900
Operating margin2.4%2.6%−5.4%
Return on assets3.7%4.6%−10.1%
Equity ratio25.7%23.8%15.0%
Current ratio2.241.701.29
Revenue growth–64.3%1.1%

Accounts

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

Key figure202320242025
Operating revenue128.8 MNOK211.6 MNOK214.1 MNOK
Operating profit3.1 MNOK5.4 MNOK−11.6 MNOK
Profit before tax1.0 MNOK2.4 MNOK−14.7 MNOK
Net profit0.7 MNOK1.9 MNOK−11.5 MNOK
Financial expenses2.9 MNOK3.2 MNOK3.2 MNOK
Total assets103.9 MNOK120.0 MNOK113.7 MNOK
Current assets56.4 MNOK78.2 MNOK70.2 MNOK
Equity26.7 MNOK28.6 MNOK17.1 MNOK
Retained earnings20.6 MNOK22.5 MNOK11.0 MNOK
Total liabilities77.1 MNOK91.4 MNOK96.6 MNOK
Current liabilities25.1 MNOK46.2 MNOK54.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6897174.