Torsion Tool Company AS
ASActiveOrg 919400005Opstadveien 11C, 4331 ÅlgårdEngineering activities and related technical consultancy· NACE 7112Est. 2017 · 8 years old1 employees
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Torsion Tool Company AS is a Norwegian AS based in Ålgård, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2017, the company has 1 employee and reported revenue of 2,8 mill. kr in its latest annual filing.
In its most recent annual report (2024), Torsion Tool Company AS reported revenue of 2,8 mill. kr, an increase of 222% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of 527,3k kr, and the EBITDA margin stood at -15.6%.
At the end of 2024, equity financed 90.9% of the balance sheet, and current assets covered short-term debt 3.3 times.