Tmf Norway AS

Org. no. 989987429 · Asker · Founded 2006 · 50 employees

Score · fiscal year 2025

54of 100

How to read this: the company is ahead of 65 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 56 of 157 · What are Morning company classes?
Place in the whole sector: 681 of 1,670 · Revisjon, regnskap og rådgivning

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 42 and solidity 65 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Tmf Norway AS is 5 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 49 among 157 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 10.8% (median 10.3%) and equity ratio 36.8% (median 27.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 2 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue119 MNOK82 MNOK
Operating margin 10.8% 10.3% 52 %
Profit margin 10.5% 10.5% shown, not part of the index
Return on assets 14.3% 25.5% 32 %
Equity ratio 36.8% 27.9% 65 %
Debt-to-equity 1.72 2.57 65 %
Current ratio 3.19 1.15 97 %
Revenue growth 0.9% 7.8% 21 %
Revenue per employee2.37 MNOK1.97 MNOK

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

With an index of 54, Tmf Norway AS does better than 65% of companies in the Morning class Medium in the same sector (157 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Tmf Norway AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Tmf Norway AS has a score of 54 for 2025, rank 681 of 1,670 in the sector.

Strongest: Liquidity: percentile 97 against peers, current ratio 3.19 against a median of 1.15. Solidity: percentile 65 against peers, equity ratio 36.8% against a median of 27.9%.

Weakest: Growth: percentile 21 against peers, revenue growth 0.9% against a median of 7.8%.

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

Tmf Norway AS had an operating margin of 10.8% and an equity ratio of 36.8% in 2025, and ranks 681 of 1,670 in Revisjon, regnskap og rådgivning.

From 2024 to 2025: the equity ratio rose from 29.3% to 36.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 32 MNOK and 109 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 9.7 MNOK 10.0 97 MNOK
EV/EBIT Operating profit: 12.7 MNOK
minus net debt −7.3 MNOK
8.0 109 MNOK
P/B Equity: 32.0 MNOK 1.0 32 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.

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 7.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability42 weight 30%
Solidity65 weight 25%
Liquidity97 weight 15%
Growth21 weight 15%
Consistency50 weight 15%

Durability: 50 (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 Tmf Norway AS?

The operating margin was 10.8% in 2025, against a median of 10.3% among companies in the Morning class Medium in the same sector. Return on assets was 14.3%.

How solid is Tmf Norway AS?

The equity ratio was 36.8% in 2025 (median 27.9%). Debt-to-equity was 1.72 (median 2.57).

What is the liquidity of Tmf Norway AS like?

The current ratio was 3.19 in 2025 (median 1.15).

How does Tmf Norway AS compare in Revisjon, regnskap og rådgivning?

Tmf Norway AS ranks 681 of 1,670 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Medium it is number 56 of 157. Revenue changed by 0.9% from the year before.

From the Central Coordinating Register

Org. no.
989987429
Legal form
AS
Sector
Revisjon, regnskap og rådgivning (69.202)
Morning company class
Medium
Employees
50 registered 10 October 2026
Founded
10 April 2006 20 years in operation
Share capital
39.59 MNOK
Business address
Hagaløkkveien 26, 1383 ASKER
Municipality
Asker rank 2 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.tmf-group.com

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 31 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 2 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index395754
Rank1,098575681
Operating margin4.8%9.5%10.8%
Return on assets8.3%16.8%14.3%
Equity ratio21.7%29.3%36.8%
Current ratio2.092.563.19
Revenue growth–10.4%0.9%

Accounts

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

Key figure202320242025
Operating revenue106.5 MNOK117.6 MNOK118.6 MNOK
Operating profit5.2 MNOK11.1 MNOK12.7 MNOK
Profit before tax5.4 MNOK10.0 MNOK12.4 MNOK
Net profit4.2 MNOK7.8 MNOK9.7 MNOK
Financial expenses0.1 MNOK2.8 MNOK–
Total assets66.8 MNOK76.3 MNOK87.0 MNOK
Current assets59.4 MNOK71.2 MNOK84.2 MNOK
Equity14.5 MNOK22.3 MNOK32.0 MNOK
Retained earnings−198.3 MNOK−190.5 MNOK−180.8 MNOK
Total liabilities52.3 MNOK53.9 MNOK55.0 MNOK
Current liabilities28.4 MNOK27.8 MNOK26.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 7089351.