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Tom Hvaal AS
AS
Active
Org 876000202
Øvre Torggate 6, 3256
Larvik
Site preparation
·
NACE 4312
Est. 1995 · 30 years old
22 employees
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Norway
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Site preparation
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Tom Hvaal AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
418M
314M
209M
105M
0M
2021: 275M
275M
2021
2022: 336M (+22% vs 2021)
336M
+22%
2022
2023: 249M (-26% vs 2022)
249M
-26%
2023
2024: 244M (-2% vs 2023)
244M
-2%
2024
2025: 214M (-12% vs 2024)
214M
-12%
2025
EBITDA
NOK millions
49M
36M
24M
12M
0M
2021: 39M
39M
2021
2022: 36M (-8% vs 2021)
36M
-8%
2022
2023: 23M (-36% vs 2022)
23M
-36%
2023
2024: 22M (-4% vs 2023)
22M
-4%
2024
2025: 18M (-18% vs 2024)
18M
-18%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
214 033
244 094
248 949
335 812
274 668
Staff expenses
−14 153
−13 261
−10 962
−11 173
−11 325
EBITDA
17 505
22 208
22 564
35 819
38 602
Depreciation & amort.
−2 282
−2 038
−2 313
−2 313
−2 185
EBIT
15 223
20 170
20 251
33 506
36 417
Net financials
595
753
1 078
−0
−231
Profit before tax
15 818
20 922
21 329
33 506
36 185
Tax
3 480
4 589
4 690
7 372
7 974
Net profit
12 338
16 334
16 638
26 134
28 212
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
89 894
88 764
102 131
119 114
78 845
Equity
37 076
29 126
27 597
54 321
30 037
Long-term debt
68
0
106
90
78
Short-term debt
52 750
59 638
74 429
64 703
48 730
Total debt
52 818
59 638
74 534
64 793
48 808
Financial ratios
5-year trend
EBITDA margin
8,2 %
This company
15,8 %
Market median
This company
Market median
48% below market
2021
2025
Equity ratio
41,2 %
This company
38,2 %
Market median
This company
Market median
8% above market
2021
2025
Return on equity
33,3 %
This company
18,4 %
Market median
This company
Market median
81% above market
2021
2025
Net profit margin
5,8 %
This company
8,1 %
Market median
This company
Market median
28% below market
2021
2025
Asset turnover
2,38×
This company
1,12×
Market median
This company
Market median
112% above market
2021
2025
Debt / equity
1,42×
This company
0,62×
Market median
This company
Market median
129% above 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
More on Tom Hvaal AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
