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TERNEN HÅNDVERK AS
AS
Active
Org 916162693
Blåhellaveien 4B, 3477 Båtstø
Construction of residential and non-residential buildings · NACE 4100
Est. 2015
14 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 18,6M
+24% vs 2023
EBITDA margin
7.5%
+133% vs 2023
Equity ratio
20.4%
Financial strength
Net profit 2024
NOK 923K
+218% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
0M
-100%
2021
2M
+200%
2022
1M
-50%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 18,6M
+24%
EBITDA
NOK 1,4M
+133%
Net profit
NOK 923K
+218%
Total assets
NOK 5M
+2%
Equity
NOK 1M
+34%
Employees
14
—
Company information
Legal name
TERNEN HÅNDVERK AS
Org number
916162693
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
31. oktober 2015
Share capital
NOK 30 000
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Bygg, anlegg og håndverkstjenester med nybygg, tilbygg, restaurering og baderom.
Contact
Address
Blåhellaveien 4B, 3477 Båtstø
Phone
+4790120923
Email
lars@ternenhandverk.no
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Companies in Construction of residential and non-residential buildings
Companies in Asker
All Norway companies
Revenue
NOK millions
0M
5M
11M
16M
22M
15M
2020
16M
2021
17M
2022
15M
2023
19M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
0M
2021
2M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
14 781
16 257
17 484
14 925
18 558
Staff expenses
−4 436
−5 686
−5 319
−5 464
−6 663
EBITDA
1 853
485
1 911
599
1 396
Depreciation & amort.
−130
−177
−202
−227
−222
EBIT
1 723
308
1 708
372
1 174
Net financials
−6
−1
−1
3
12
Profit before tax
1 717
306
1 707
376
1 185
Tax
382
73
386
85
262
Net profit
1 335
234
1 321
291
923
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 383
3 940
4 996
4 865
4 985
Equity
1 136
712
1 534
758
1 016
Long-term debt
6
6
3
0
0
Short-term debt
3 241
3 222
3 459
4 107
3 969
Total debt
3 247
3 228
3 463
4 107
3 969
Financial ratios
5-year trend
EBITDA margin
7.5%
This company
15.8%
Market median
-53% vs market
2020
2024
Equity ratio
20.4%
This company
38.2%
Market median
-47% vs market
2020
2024
Return on equity
90.8%
This company
18.4%
Market median
+393% vs market
2020
2024
Net profit margin
5.0%
This company
8.1%
Market median
-38% vs market
2020
2024
Asset turnover
3.72×
This company
1.12×
Market median
+232% vs market
2020
2024
Debt / equity
3.91×
This company
0.62×
Market median
-531% 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 (2)
LR
Lars Randen Østhagen
Chief Executive Officer
Chief Executive Officer
2015
AR
Anette Randen Østhagen
Deputy Member
Deputy Member
2015
Board of directors
Non-executive oversight
No data on file.
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
TERNEN HÅNDVERK AS
(this company)
TERNEN UTVIKLING AS
Board network connections
Board members of TERNEN HÅNDVERK AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Randen Østhagen
Chief Executive Officer
0 companies
Anette Randen Østhagen
Deputy Member
0 companies