Tores Mat A/S

Org. no. 947610619 · Enebakk · Founded 1988 · 14 employees

Score · fiscal year 2025

55of 100

How to read this: the company is ahead of 59 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 3,060 of 7,416 · What are Morning company classes?
Place in the whole sector: 9,340 of 22,940 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 21 and solidity 86 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Tores Mat A/S is 4 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,416 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −0.6% (median 3.4%) and equity ratio 70.2% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue41 MNOK20 MNOK
Operating margin −0.6% 3.4% 19 %
Profit margin 0.1% 3.0% shown, not part of the index
Return on assets 0.5% 10.0% 22 %
Equity ratio 70.2% 36.3% 86 %
Debt-to-equity 0.43 1.51 85 %
Current ratio 2.71 1.73 75 %
Revenue growth 2.4% 5.7% 39 %
Revenue per employee2.94 MNOK2.08 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 55, Tores Mat A/S does better than 59% of companies in the Morning class Small in the same sector (7,416 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Tores Mat A/S
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Tores Mat A/S has a score of 55 for 2025, rank 9,340 of 22,940 in the sector.

Strongest: Solidity: percentile 86 against peers, equity ratio 70.2% against a median of 36.3%. Liquidity: percentile 75 against peers, current ratio 2.71 against a median of 1.73.

Weakest: Profitability: percentile 21 against peers, operating margin −0.6% against a median of 3.4%. Growth: percentile 39 against peers, revenue growth 2.4% against a median of 5.7%.

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

Tores Mat A/S had an operating margin of −0.6% and an equity ratio of 70.2% in 2025, and ranks 9,340 of 22,940 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 9 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.1 MNOK 21.2 2 MNOK 1 MNOK
EV/EBIT Operating profit (mean 2023–2025): −0.2 MNOK 16.6 – not meaningful
P/B Equity: 8.1 MNOK 2.2 18 MNOK 9 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

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

Indications · 2025

Worth a closer look

  • 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 −0.6% (median 3.4%).

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

Financial costs were 0.1% 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.

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 1.5%. 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

Profitability21 weight 30%
Solidity86 weight 25%
Liquidity75 weight 15%
Growth39 weight 15%
Consistency68 weight 15%

Durability: 57 (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 Tores Mat A/S?

The operating margin was −0.6% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 0.5%.

How solid is Tores Mat A/S?

The equity ratio was 70.2% in 2025 (median 36.3%). Debt-to-equity was 0.43 (median 1.51).

What is the liquidity of Tores Mat A/S like?

The current ratio was 2.71 in 2025 (median 1.73).

How does Tores Mat A/S compare in Handel?

Tores Mat A/S ranks 9,340 of 22,940 in Handel for 2025. Among companies in the Morning class Small it is number 3,060 of 7,416. Revenue changed by 2.4% from the year before.

From the Central Coordinating Register

Org. no.
947610619
Legal form
AS
Sector
Handel (47.110)
Morning company class
Small
Employees
14 registered 10 September 2026
Founded
14 June 1988 38 years in operation
Share capital
0.50 MNOK
Business address
Bakkehagan 6A, 1911 FLATEBY (ENEBAKK)
Municipality
Enebakk rank 6 of 38 in KOSTRA group 7
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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Enebakk Holding AS (100%)
Ultimate owner: private person

The owner: the majority owner Enebakk Holding AS (holds 100%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.

Change 2007–2025: no material change in the owners.

Holds shares in: Norgesgruppen ASA (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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index575855
Rank8,2017,9329,340
Operating margin−1.0%0.4%−0.6%
Return on assets−1.8%3.5%0.5%
Equity ratio64.9%67.0%70.2%
Current ratio2.332.392.71
Revenue growth–6.6%2.4%

Accounts

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

Key figure202320242025
Operating revenue37.7 MNOK40.2 MNOK41.2 MNOK
Operating profit−0.4 MNOK0.2 MNOK−0.2 MNOK
Profit before tax−0.2 MNOK0.4 MNOK0.1 MNOK
Tax expense−0.1 MNOK0.1 MNOK0.0 MNOK
Net profit−0.1 MNOK0.4 MNOK0.1 MNOK
Financial expenses0.0 MNOK–0.0 MNOK
Total assets11.7 MNOK11.9 MNOK11.5 MNOK
Current assets7.6 MNOK7.4 MNOK7.2 MNOK
Equity7.6 MNOK8.0 MNOK8.1 MNOK
Retained earnings6.6 MNOK7.0 MNOK7.1 MNOK
Total liabilities4.1 MNOK3.9 MNOK3.4 MNOK
Current liabilities3.3 MNOK3.1 MNOK2.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6887460.

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