TV 2 AS
Score · fiscal year 2025
53of 100
How to read this: the company is ahead of 54 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 54 of 115 · What are Morning company classes?
Place in the whole sector: 804 of 1,865 · Informasjon og kommunikasjon
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 36 and solidity 56 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
TV 2 AS is 2 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 115 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 3.8% (median 7.3%) and equity ratio 30.0% (median 27.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 6,414 MNOK | 959 MNOK |
| Operating margin | 3.8% | 7.3% |
| Profit margin | 2.4% | 8.1% |
| Return on assets | 9.8% | 12.0% |
| Equity ratio | 30.0% | 27.9% |
| Debt-to-equity | 2.34 | 2.54 |
| Current ratio | 1.46 | 1.04 |
| Revenue growth | 5.4% | 6.2% |
| Revenue per employee | 5.76 MNOK | 4.63 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 53, TV 2 AS does better than 54% of companies in the Morning class Large in the same sector (115 companies) in 2025.
Score 2023–2025
- TV 2 AS
- Median: companies in the Morning class Large in the same sector
TV 2 AS has a score of 53 for 2025, rank 804 of 1,865 in the sector.
Strongest: Liquidity: percentile 84 against peers, current ratio 1.46 against a median of 1.04.
Weakest: Profitability: percentile 36 against peers, operating margin 3.8% against a median of 7.3%.
Worth a closer look
- What lies behind weak profitability, and will it last?
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
TV 2 AS had an operating margin of 3.8% and an equity ratio of 30.0% in 2025, and ranks 804 of 1,865 in Informasjon og kommunikasjon.
From 2024 to 2025: the equity ratio fell from 39.3% to 30.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 827 MNOK and 1,752 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,199 MNOK |
| EV/EBIT | 8.0 | 1,752 MNOK |
| P/B | 1.0 | 827 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 5.8% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 4.4%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 36 | weight 30% |
|---|---|---|
| Solidity | 56 | weight 25% |
| Liquidity | 84 | weight 15% |
| Growth | 47 | weight 15% |
| Consistency | 56 | weight 15% |
Durability: 56 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is TV 2 AS?
The operating margin was 3.8% in 2025, against a median of 7.3% among companies in the Morning class Large in the same sector. Return on assets was 9.8%.
How solid is TV 2 AS?
The equity ratio was 30.0% in 2025 (median 27.9%). Debt-to-equity was 2.34 (median 2.54).
What is the liquidity of TV 2 AS like?
The current ratio was 1.46 in 2025 (median 1.04).
How does TV 2 AS compare in Informasjon og kommunikasjon?
TV 2 AS ranks 804 of 1,865 in Informasjon og kommunikasjon for 2025. Among companies in the Morning class Large it is number 54 of 115. Revenue changed by 5.4% from the year before.
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.
From the Central Coordinating Register
- Org. no.
- 979484534
- Legal form
- AS · part of a group
- Sector
- Informasjon og kommunikasjon (60.200)
- Morning company class
- Large
- Employees
- 1,114 registered 10 October 2026
- Founded
- 19 December 1997 28 years in operation
- Share capital
- 109.89 MNOK
- Business address
- Lars Hilles gate 30, 5008 BERGEN
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.tv2.no
- LEI
- 213800R95II1F7B59153 not renewed (lapsed)
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
- Olav Terjeson Sandnes
- Chair of the board
- Steffen Kragh
- Board member
- Tina Vibeke Stiegler
- Board member
- Claus Sonberg
- Board member
- Ane Rostad Stokholm
- Board member
- Bent Skjærstad
- Board member
- Lise Heidal
- Board member
- Stig Møller Christensen
- Board member
- Svein Henning Skaga
- Deputy member
- Dag Stamnes
- Deputy member
- Hilde Gran
- Deputy member
- Yngve Steensæth
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- EGMONT FONDEN (Denmark)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 57 | 57 | 53 | |
| Rank | 635 | 657 | 804 | |
| Operating margin | 1.4% | 3.0% | 3.8% | |
| Return on assets | 5.2% | 8.2% | 9.8% | |
| Equity ratio | 37.2% | 39.3% | 30.0% | |
| Current ratio | 1.59 | 1.65 | 1.46 | |
| Revenue growth | – | 4.7% | 5.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5,811.6 MNOK | 6,084.2 MNOK | 6,413.5 MNOK |
| Operating profit | 83.3 MNOK | 184.3 MNOK | 244.5 MNOK |
| Profit before tax | 40.4 MNOK | 164.5 MNOK | 156.3 MNOK |
| Net profit | 25.1 MNOK | 128.0 MNOK | 119.9 MNOK |
| Financial expenses | 98.7 MNOK | 69.3 MNOK | 113.1 MNOK |
| Total assets | 2,685.9 MNOK | 2,860.1 MNOK | 2,760.9 MNOK |
| Current assets | 2,346.9 MNOK | 2,628.8 MNOK | 2,524.7 MNOK |
| Equity | 997.9 MNOK | 1,125.3 MNOK | 827.3 MNOK |
| Retained earnings | 637.2 MNOK | 576.9 MNOK | 278.9 MNOK |
| Total liabilities | 1,688.0 MNOK | 1,734.8 MNOK | 1,933.7 MNOK |
| Current liabilities | 1,473.1 MNOK | 1,593.0 MNOK | 1,726.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7100377.
Further
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