What is the Org number of TVETECH AS?

TVETECH AS is registered with Brønnøysundsregistrene under Org 818369182.

What is the revenue of TVETECH AS?

TVETECH AS reported revenue of NOK 6,6M in 2025.

How many employees does TVETECH AS have?

TVETECH AS employs 2 people as of the latest annual report.

Who is the CEO of TVETECH AS?

Torfinn Alexander Tvete is Deputy Member of TVETECH AS, in role since 2017.

Who is the chairman of TVETECH AS?

Magnus Ragnvald Tvete chairs the board of TVETECH AS, in role since 2017.

Where is TVETECH AS headquartered?

TVETECH AS's registered address is Levvelveien 25, 1628 Engelsviken.

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TVETECH AS

ASActive

Org 818369182Levvelveien 25, 1628 EngelsvikenEngineering activities and related technical consultancy · NACE 7112Est. 20172 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	2 950	3 510	3 039	4 300	6 569
Staff expenses	−1 403	−1 665	−1 732	−2 210	−2 478
EBITDA	978	874	730	1 118	3 140
Depreciation & amort.	−36	−21	−15	−11	−52
EBIT	942	853	715	1 107	3 088
Net financials	3	4	4	5	6
Profit before tax	945	857	719	1 112	3 094
Tax	208	155	158	245	681
Net profit	737	702	561	868	2 413

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	1 537	1 654	1 784	2 281	4 528
Equity	528	380	141	108	322
Long-term debt	0	0	0	0	0
Short-term debt	1 010	1 274	1 644	2 173	4 206
Total debt	1 010	1 274	1 644	2 173	4 206

Financial ratios

5-year trend

EBITDA margin

47.8%

This company

15.8%

Market median

+203% vs market

20212025

Equity ratio

7.1%

This company

38.2%

Market median

-81% vs market

20212025

Return on equity

750.3%

This company

18.4%

Market median

+3978% vs market

20212025

Net profit margin

36.7%

This company

8.1%

Market median

+353% vs market

20212025

Asset turnover

1.45×

This company

1.12×

Market median

+29% vs market

20212025

Debt / equity

13.08×

This company

0.62×

Market median

-2010% vs market

20212025

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

TVETECH AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on TVETECH AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on TVETECH AS