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THERMAL TEC AS
AS
Active
Org 911576147
Brugata 3A, 2380 Brumunddal
Engineering activities and related technical consultancy · NACE 7112
Est. 2013
4 employees
www.thermaltec.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 9M
+8% vs 2023
EBITDA margin
0.8%
-83% vs 2023
Equity ratio
18.4%
Financial strength
Net profit 2024
NOK -17K
-106% 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 9M
+8%
EBITDA
NOK 76K
-83%
Net profit
NOK -17K
-106%
Total assets
NOK 2,5M
+3%
Equity
NOK 451K
-4%
Employees
4
—
Company information
Legal name
THERMAL TEC AS
Org number
911576147
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
16. februar 2013
Share capital
NOK 180 000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Geir olav gullberg
Company purpose
Leverandør av energiløsninger for marine og landbasert virksomhet, produksjon, salg og hva som står i forbindelse med dette.
Contact
Address
Brugata 3A, 2380 Brumunddal
Website
www.thermaltec.no
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Companies in Engineering activities and related technical consultancy
Companies in Ringsaker
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
4M
2020
5M
2021
5M
2022
8M
2023
9M
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
4 061
4 500
5 445
8 369
9 028
Staff expenses
−851
−874
−1 096
−1 306
−1 873
EBITDA
39
172
21
437
76
Depreciation & amort.
−17
−36
−33
−0
−0
EBIT
22
136
−12
437
76
Net financials
−80
−68
−71
−75
−90
Profit before tax
−58
68
−83
363
−13
Tax
−6
6
−0
74
3
Net profit
−52
63
−83
289
−17
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 366
1 459
1 593
2 392
2 452
Equity
199
261
178
467
451
Long-term debt
308
249
229
310
87
Short-term debt
859
949
1 186
1 615
1 914
Total debt
1 168
1 198
1 415
1 924
2 001
Financial ratios
5-year trend
EBITDA margin
0.8%
This company
15.8%
Market median
-95% vs market
2020
2024
Equity ratio
18.4%
This company
38.2%
Market median
-52% vs market
2020
2024
Return on equity
-3.7%
This company
18.4%
Market median
-120% vs market
2020
2024
Net profit margin
-0.2%
This company
8.1%
Market median
-102% vs market
2020
2024
Asset turnover
3.68×
This company
1.12×
Market median
+229% vs market
2020
2024
Debt / equity
4.44×
This company
0.62×
Market median
-616% 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 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EM
Erik Meinhardt
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KB
Kim Brandsnes
Board of Directors
2017
GO
Geir Olav Gullberg
Chairman
2017
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of THERMAL TEC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erik Meinhardt
Chief Executive Officer
0 companies
Kim Brandsnes
Board of Directors
0 companies
Geir Olav Gullberg
Chairman
0 companies