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TVEITPARK AS
AS
Active
Org 912488756
Poppelvegen 9, 4365 Nærbø
Wholesale of agricultural machinery, equipment and supplies · NACE 4661
Est. 2013
1 employees
www.tveitpark.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 9,8M
+103% vs 2023
EBITDA margin
15.3%
+90% vs 2023
Equity ratio
24.2%
Financial strength
Net profit 2024
NOK 874K
+28% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
1M
+100%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 9,8M
+103%
EBITDA
NOK 1,5M
+90%
Net profit
NOK 874K
+28%
Total assets
NOK 3,9M
+35%
Equity
NOK 944K
+1245%
Employees
1
—
Company information
Legal name
TVEITPARK AS
Org number
912488756
Legal form
Aksjeselskap
NACE code
4661 · Wholesale of agricultural machinery, equipment and supplies
Founded
2. oktober 2013
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene eller styrets leder alene.
Company purpose
Salg, distribusjon og utleie av vedlikeholdsmaskiner for golf- og parkanlegg, investeringer og utlån, samt deltakelse i andre selskaper.
Contact
Address
Poppelvegen 9, 4365 Nærbø
Website
www.tveitpark.no
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Companies in Wholesale of agricultural machinery, equipment and supplies
Companies in Hå
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
5M
2020
5M
2021
2M
2022
5M
2023
10M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
0M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 555
5 398
2 363
4 845
9 832
Staff expenses
−0
−0
−0
−269
−1 414
EBITDA
956
880
40
790
1 505
Depreciation & amort.
−54
−0
−3
−6
−181
EBIT
902
880
37
784
1 323
Net financials
−71
5
121
80
−200
Profit before tax
831
885
158
864
1 123
Tax
181
185
27
184
249
Net profit
650
700
131
680
874
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 078
9 707
9 466
2 885
3 900
Equity
8 443
9 143
2 774
70
944
Long-term debt
0
0
0
2 375
2 177
Short-term debt
636
565
6 691
439
779
Total debt
636
565
6 691
2 814
2 956
Financial ratios
5-year trend
EBITDA margin
15.3%
This company
15.8%
Market median
+3% vs market
2020
2024
Equity ratio
24.2%
This company
38.2%
Market median
-37% vs market
2020
2024
Return on equity
92.6%
This company
18.4%
Market median
+403% vs market
2020
2024
Net profit margin
8.9%
This company
8.1%
Market median
+10% vs market
2020
2024
Asset turnover
2.52×
This company
1.12×
Market median
+125% vs market
2020
2024
Debt / equity
3.13×
This company
0.62×
Market median
-405% 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)
FT
Frode Tjelta
Chief Executive Officer
Chief Executive Officer
2023
Former (2)
KG
Knut Gunnar Tveit
Chief Executive Officer
Chief Executive Officer
2013 – 2023
LS
Liv Synnøve Tveit
Deputy Member
Deputy Member
2013 – 2023
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
F. Tjelta Holding As
Company
100%
100%
2024
K.G. Tveit As
Company
100%
100%
2022
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Company hierarchy
F. Tjelta Holding As
TVEITPARK AS
(this company)
Board network connections
Board members of TVEITPARK AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frode Tjelta
Chief Executive Officer
0 companies
Knut Gunnar Tveit
Chief Executive Officer
0 companies
Liv Synnøve Tveit
Deputy Member
0 companies