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Trust Two AS
AS
Active
Org 920062032
Tveiteråsvegen 12, 5232
Paradis
Sea and coastal freight water transport
·
NACE 5020
Est. 2017 · 8 years old
0 employees
Monitor
Share
Norway
/
Companies
/
Sea and coastal freight water transport
/
Trust Two AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
24M
18M
12M
6M
0M
2021: 11M
11M
2021
2022: 18M (+64% vs 2021)
18M
+64%
2022
2023: 15M (-17% vs 2022)
15M
-17%
2023
2024: 19M (+27% vs 2023)
19M
+27%
2024
2025: 16M (-16% vs 2024)
16M
-16%
2025
EBITDA
NOK millions
10M
7M
5M
2M
0M
2021: 1M
1M
2021
2022: 7M (+600% vs 2021)
7M
+600%
2022
2023: 8M (+14% vs 2022)
8M
+14%
2023
2024: 8M (0% vs 2023)
8M
0%
2024
2025: 4M (-50% vs 2024)
4M
-50%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
16 341
18 698
15 487
17 829
10 985
Staff expenses
−0
−0
−0
−0
−0
EBITDA
3 701
7 898
8 231
6 900
810
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
3 701
7 898
8 231
6 900
810
Net financials
191
136
167
−323
−496
Profit before tax
3 892
8 034
8 398
6 577
314
Tax
−0
−0
−0
−0
−0
Net profit
3 884
8 027
8 390
6 569
305
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
11 927
16 447
21 163
18 586
11 985
Equity
9 802
5 917
5 890
12 499
5 930
Long-term debt
0
1 314
0
3 415
4 710
Short-term debt
2 125
9 216
15 273
2 671
1 345
Total debt
2 125
10 530
15 273
6 086
6 054
Financial ratios
5-year trend
EBITDA margin
22,7 %
This company
15,8 %
Market median
This company
Market median
44% above market
2021
2025
Equity ratio
82,2 %
This company
38,2 %
Market median
This company
Market median
115% above market
2021
2025
Return on equity
39,6 %
This company
18,4 %
Market median
This company
Market median
115% above market
2021
2025
Net profit margin
23,8 %
This company
8,1 %
Market median
This company
Market median
194% above market
2021
2025
Asset turnover
1,37×
This company
1,12×
Market median
This company
Market median
22% above market
2021
2025
Debt / equity
0,22×
This company
0,62×
Market median
This company
Market median
65% below 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 Trust Two AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
