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Georg Tveit AS
AS
Active
Org 916936303
Snekkevikveien 1, 3766
Sannidal
Other mining and quarrying n.e.c.
·
NACE 0899
Est. 1974 · 51 years old
6 employees
www.kvartsbrudd.no
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Norway
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Companies
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Other mining and quarrying n.e.c.
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Georg Tveit AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
37M
28M
19M
9M
0M
2021: 20M
20M
2021
2022: 22M (+10% vs 2021)
22M
+10%
2022
2023: 24M (+9% vs 2022)
24M
+9%
2023
2024: 28M (+17% vs 2023)
28M
+17%
2024
2025: 30M (+7% vs 2024)
30M
+7%
2025
EBITDA
NOK millions
21M
16M
11M
5M
0M
2021: 6M
6M
2021
2022: 2M (-67% vs 2021)
2M
-67%
2022
2023: 6M (+200% vs 2022)
6M
+200%
2023
2024: 15M (+150% vs 2023)
15M
+150%
2024
2025: 17M (+13% vs 2024)
17M
+13%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
30 075
27 771
24 259
21 961
20 474
Staff expenses
−3 955
−4 577
−4 313
−3 808
−4 111
EBITDA
16 523
14 894
6 280
2 244
5 799
Depreciation & amort.
−4 978
−3 954
−2 788
−861
−793
EBIT
11 545
10 940
3 493
1 383
5 006
Net financials
−2 117
−2 102
−1 814
−125
8
Profit before tax
9 428
8 838
1 678
1 258
5 014
Tax
2 086
2 225
409
280
1 093
Net profit
7 342
6 612
1 269
978
3 921
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
81 004
77 936
65 997
41 353
32 965
Equity
39 596
34 254
29 142
28 172
27 194
Long-term debt
−540
38 540
32 376
7 977
406
Short-term debt
6 952
4 602
3 940
4 663
4 825
Total debt
40 869
43 142
36 315
12 641
5 231
Financial ratios
5-year trend
EBITDA margin
54.9%
This company
15.8%
Market median
This company
Market median
247% above market
2021
2025
Equity ratio
48.9%
This company
38.2%
Market median
This company
Market median
28% above market
2021
2025
Return on equity
18.5%
This company
18.4%
Market median
This company
Market median
1% above market
2021
2025
Net profit margin
24.4%
This company
8.1%
Market median
This company
Market median
201% above market
2021
2025
Asset turnover
0.37×
This company
1.12×
Market median
This company
Market median
67% below market
2021
2025
Debt / equity
1.05×
This company
0.62×
Market median
This company
Market median
69% 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 Georg Tveit AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network