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TORQ/LITE EUROPE AS
AS
Active
Org 813745402
Bjødnabeen 10, 4031 Stavanger
Engineering activities and related technical consultancy · NACE 7112
Est. 2014
6 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 8,2M
-27% vs 2024
EBITDA margin
-6.0%
-141% vs 2024
Equity ratio
22.3%
Financial strength
Net profit 2025
NOK -949K
-257% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2021
1M
0%
2022
2M
+100%
2023
1M
-50%
2024
0M
-100%
2025
Key figures
Annual report 2025
Revenue
NOK 8,2M
-27%
EBITDA
NOK -491K
-141%
Net profit
NOK -949K
-257%
Total assets
NOK 8,6M
+5%
Equity
NOK 1,9M
-33%
Employees
6
—
Company information
Legal name
TORQ/LITE EUROPE AS
Org number
813745402
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
18. juni 2014
Share capital
NOK 1 000 004
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Salg, service, engineering, kurs og utleie til on-/offshoreindustri, samt andre investeringer som står i forbindelse derved.
Contact
Address
Bjødnabeen 10, 4031 Stavanger
Phone
+4751313390
Email
tom@torqlite.eu
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Companies in Engineering activities and related technical consultancy
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
5M
2021
10M
2022
10M
2023
11M
2024
8M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2021
1M
2022
2M
2023
1M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
5 213
9 622
9 605
11 223
8 217
Staff expenses
−1 552
−2 225
−2 750
−3 595
−3 841
EBITDA
523
865
2 046
1 186
−491
Depreciation & amort.
−209
−212
−253
−298
−435
EBIT
314
653
1 793
887
−926
Net financials
−67
−67
−113
−165
−276
Profit before tax
247
586
1 680
722
−1 202
Tax
−0
−38
355
119
−254
Net profit
247
624
1 324
604
−949
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
3 132
4 364
5 371
8 255
8 630
Equity
1 340
2 100
2 947
2 875
1 926
Long-term debt
474
0
0
1 102
1 016
Short-term debt
1 319
2 265
2 424
4 278
5 688
Total debt
1 793
2 265
2 424
5 380
6 704
Financial ratios
5-year trend
EBITDA margin
-6.0%
This company
15.8%
Market median
-138% vs market
2021
2025
Equity ratio
22.3%
This company
38.2%
Market median
-42% vs market
2021
2025
Return on equity
-49.2%
This company
18.4%
Market median
-367% vs market
2021
2025
Net profit margin
-11.5%
This company
8.1%
Market median
-242% vs market
2021
2025
Asset turnover
0.95×
This company
1.12×
Market median
+15% vs market
2021
2025
Debt / equity
3.48×
This company
0.62×
Market median
-461% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TK
Tom Kåre Gjerde
Chairman
2020
AW
Anna Wolska Gjerde
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Tk Gjerde As
Company
100%
100%
2024
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Company hierarchy
Tk Gjerde As
TORQ/LITE EUROPE AS
(this company)
Board network connections
Board members of TORQ/LITE EUROPE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tom Kåre Gjerde
Chairman
0 companies
Anna Wolska Gjerde
Board of Directors
0 companies