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GTM BYGG AS
AS
Active
Org 825604782
Leikvollgata 4, 3213 Sandefjord
Construction of residential and non-residential buildings · NACE 4100
Est. 2020
3 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,1M
-9% vs 2023
EBITDA margin
7.3%
+189% vs 2023
Equity ratio
38.7%
Financial strength
Net profit 2024
NOK 168K
+199% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 3,1M
-9%
EBITDA
NOK 224K
+189%
Net profit
NOK 168K
+199%
Total assets
NOK 597K
+9%
Equity
NOK 231K
+267%
Employees
3
—
Company information
Legal name
GTM BYGG AS
Org number
825604782
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
8. september 2020
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Bygg og vedlikeholds virksomhet, kjøp og salg av varer og eiendom og alt som hermed følger samt deltakelse i andre virksomheter.
Contact
Address
Leikvollgata 4, 3213 Sandefjord
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Explore
Companies in Construction of residential and non-residential buildings
Companies in Sandefjord
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
0M
2022
3M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
192
389
193
3 384
3 081
Staff expenses
−188
−412
−100
−482
−1 040
EBITDA
−1
−43
−76
78
224
Depreciation & amort.
−0
−0
−0
−6
−25
EBIT
−1
−43
−76
72
199
Net financials
0
−0
−1
−15
−0
Profit before tax
−1
−43
−77
56
199
Tax
−0
−0
−0
−0
31
Net profit
−1
−43
−77
56
168
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
127
130
282
548
597
Equity
23
−20
7
63
231
Long-term debt
0
0
0
0
13
Short-term debt
105
150
275
485
353
Total debt
105
150
275
485
366
Financial ratios
5-year trend
EBITDA margin
7.3%
This company
15.8%
Market median
-54% vs market
2020
2024
Equity ratio
38.7%
This company
38.2%
Market median
+1% vs market
2020
2024
Return on equity
72.7%
This company
18.4%
Market median
+295% vs market
2020
2024
Net profit margin
5.5%
This company
8.1%
Market median
-32% vs market
2020
2024
Asset turnover
5.16×
This company
1.12×
Market median
+361% vs market
2020
2024
Debt / equity
1.58×
This company
0.62×
Market median
-155% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-07-29 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
GT
Glenn Thomas Myrsve
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BO
Bjørn Ove Tinnseth
Board of Directors
2022
Former (2)
JA
John Arne Sødtholt
Chairman
2020 – 2022
KV
Knut Vidar Christiansen
Board of Directors
2020 – 2022
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of GTM BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Glenn Thomas Myrsve
Chief Executive Officer
0 companies
John Arne Sødtholt
Chairman
0 companies
Knut Vidar Christiansen
Board of Directors
0 companies
Bjørn Ove Tinnseth
Board of Directors
0 companies