THERMO CONTROL AS

Org. no. 979439334 · NORDRE FOLLO · Founded 1997 · 109 employees

Score · fiscal year 2025

53of 100

How to read this: the company is ahead of 58 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 14,348 of 32,581 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 27 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

THERMO CONTROL AS is 3 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,024 companies.

Against medium-sized companies in the same sector in 2025: operating margin 7.2% (median 4.6%) and equity ratio 21.6% (median 31.2%).

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 revenue385 MNOK176 MNOK
Operating margin 7.2% 4.6% 69 %
Profit margin 7.5% 4.6% shown, not part of the index
Return on assets 18.8% 10.7% 75 %
Equity ratio 21.6% 31.2% 28 %
Debt-to-equity 3.63 2.19 27 %
Current ratio 1.24 1.36 38 %
Revenue growth 16.1% 6.6% 66 %
Revenue per employee3.53 MNOK3.09 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 53, THERMO CONTROL AS does better than 58% of medium-sized companies in the same sector (1,030 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • THERMO CONTROL AS
  • Median: medium-sized companies in the same sector
Summary analysis

THERMO CONTROL AS has a score of 53 for 2025, rank 14,348 of 32,581 in the sector.

Strongest: Profitability: percentile 72 against peers, operating margin 7.2% against a median of 4.6%. Growth: percentile 66 against peers, revenue growth 16.1% against a median of 6.6%.

Weakest: Solidity: percentile 27 against peers, equity ratio 21.6% against a median of 31.2%. Liquidity: percentile 38 against peers, current ratio 1.24 against a median of 1.36.

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

THERMO CONTROL AS had an operating margin of 7.2% and an equity ratio of 21.6% in 2025, and ranks 14,348 of 32,581 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 16%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 34 MNOK and 228 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 22.8 MNOK 10.0 228 MNOK
EV/EBIT Operating profit: 27.7 MNOK 8.0 missing
P/B Equity: 34.3 MNOK 1.0 34 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

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 0.8% 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.

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 2.4%. 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

Profitability72 weight 30%
Solidity27 weight 25%
Liquidity38 weight 15%
Growth66 weight 15%
Consistency61 weight 15%

Durability: 48 (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 THERMO CONTROL AS?

The operating margin was 7.2% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 18.8%.

How solid is THERMO CONTROL AS?

The equity ratio was 21.6% in 2025 (median 31.2%). Debt-to-equity was 3.63 (median 2.19).

What is the liquidity of THERMO CONTROL AS like?

The current ratio was 1.24 in 2025 (median 1.36).

How does THERMO CONTROL AS compare in Bygg og anlegg?

THERMO CONTROL AS ranks 14,348 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 432 of 1,030. Revenue changed by 16.1% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
5 January 2026 Sporveien AS Teknisk kjøling 40.0 MNOK (framework) 50000000

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.
979439334
Legal form
AS
Sector
Bygg og anlegg (43.222)
Size tier
medium
Employees
109 registered 10 September 2026
Founded
20 November 1997 28 years in operation
Share capital
0.30 MNOK
Business address
Snipetjernveien 7, 1405 LANGHUS (NORDRE FOLLO)
Municipality
Nordre Follo rank 1 of 10 in KOSTRA group 11
Latest accounts filed
2025
Website
www.thermocontrol.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
Arne Andresen
Chair of the board
Trond Ragnar Severinsen
Board member
Stig Cato Karlsen
Board member
Nina Asphaug Selboskar
Auditor
KPMG AS
Accountant
TELL NORGE AS

Source: Central Coordinating Register, fetched 29 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index454553
Rank17,21618,83814,348
Operating margin7.6%8.6%7.2%
Return on assets17.4%22.6%18.8%
Equity ratio17.4%19.3%21.6%
Current ratio1.181.201.24
Revenue growth–−5.5%16.1%

Accounts

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

Key figure202320242025
Operating revenue351.1 MNOK331.7 MNOK385.1 MNOK
Operating profit26.8 MNOK28.5 MNOK27.7 MNOK
Profit before tax26.9 MNOK30.2 MNOK28.8 MNOK
Net profit21.3 MNOK23.9 MNOK22.8 MNOK
Financial expenses3.4 MNOK0.9 MNOK1.0 MNOK
Total assets173.7 MNOK137.5 MNOK158.8 MNOK
Current assets169.3 MNOK133.3 MNOK154.8 MNOK
Equity30.2 MNOK26.6 MNOK34.3 MNOK
Retained earnings–2.2 MNOK9.9 MNOK
Total liabilities143.5 MNOK110.9 MNOK124.5 MNOK
Current liabilities143.5 MNOK110.9 MNOK124.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7076647.