T. MIDDELTHON HOLDING AS

Org. no. 989067036 · STAVANGER · Founded 2005

Score · fiscal year 2025

57of 100

How to read this: the company is ahead of 64 % of small companies in the same sector in 2025. What does this mean?

Rank: 14,164 of 38,670 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 63 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

T. MIDDELTHON HOLDING AS is 7 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating margin – 2.5% not compared
Profit margin – 2.2% shown, not part of the index
Return on assets 4.1% 4.0% 50 %
Equity ratio 60.2% 38.3% 66 %
Debt-to-equity 0.66 0.99 59 %
Current ratio 2.50 1.70 65 %
Revenue growth – 3.5% not compared

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

With an index of 57, T. MIDDELTHON HOLDING AS does better than 64% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • T. MIDDELTHON HOLDING AS
  • Median: small companies in the same sector
Summary analysis

T. MIDDELTHON HOLDING AS has a score of 57 for 2025, rank 14,164 of 38,670 in the sector.

Strongest: Liquidity: percentile 65 against peers, current ratio 2.50 against a median of 1.70. Solidity: percentile 63 against peers, equity ratio 60.2% against a median of 38.3%.

No area is clearly below its peers.

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

T. MIDDELTHON HOLDING AS had an operating margin of – and an equity ratio of 60.2% in 2025, and ranks 14,164 of 38,670 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 7 MNOK and 19 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.7 MNOK 10.0 7 MNOK
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 18.5 MNOK 1.0 19 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 2.7% 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

  • watch Revenue not reported
  • watch No revenue but large assets
Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. 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

Profitability50 weight 30%
Solidity63 weight 25%
Liquidity65 weight 15%
Growth– no data, left out
Consistency51 weight 15%

Durability: 57 (average over 3 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is T. MIDDELTHON HOLDING AS?

The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 4.1%.

How solid is T. MIDDELTHON HOLDING AS?

The equity ratio was 60.2% in 2025 (median 38.3%). Debt-to-equity was 0.66 (median 0.99).

What is the liquidity of T. MIDDELTHON HOLDING AS like?

The current ratio was 2.50 in 2025 (median 1.70).

How does T. MIDDELTHON HOLDING AS compare in Handel?

T. MIDDELTHON HOLDING AS ranks 14,164 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 13,310 of 36,579.

From the Central Coordinating Register

Org. no.
989067036
Legal form
AS
Sector
Handel (46.340)
Size tier
small
Employees
0–4 (not registered)
Founded
24 November 2005 20 years in operation
Share capital
0.10 MNOK
Business address
Rektor Erichsens gate 28, 4022 STAVANGER
Municipality
Stavanger rank 5 of 11 in KOSTRA group 12
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
Torleiv Bore Middelthon
Chair of the board
Torleiv Bore Middelthon
Auditor
ERGA REVISJON AS
Accountant
HAV REGNSKAP STAVANGER 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 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index585657
Rank12,55614,39714,164
Operating margin–––
Return on assets1.5%5.3%4.1%
Equity ratio67.9%64.4%60.2%
Current ratio1.841.642.50
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK−0.1 MNOK
Profit before tax−0.1 MNOK1.1 MNOK0.9 MNOK
Net profit−0.1 MNOK0.9 MNOK0.7 MNOK
Financial expenses0.5 MNOK0.4 MNOK0.3 MNOK
Total assets28.2 MNOK28.9 MNOK30.7 MNOK
Current assets5.7 MNOK6.3 MNOK8.1 MNOK
Equity19.2 MNOK18.6 MNOK18.5 MNOK
Retained earnings12.9 MNOK12.4 MNOK12.3 MNOK
Total liabilities9.1 MNOK10.3 MNOK12.2 MNOK
Current liabilities3.1 MNOK3.8 MNOK3.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6835598.

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