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TSC Subsea AS
AS
Active
Org 920538223
Glasskaret 1, 5106
Øvre Ervik
All other professional, scientific and technical activities n.e.c.
·
NACE 7499
Est. 2018 · 8 years old
19 employees
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Norway
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Companies
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All other professional, scientific and technical activities n.e.c.
/
TSC Subsea AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
111M
83M
55M
28M
0M
2020: 38M
38M
2020
2021: 50M (+32% vs 2020)
50M
+32%
2021
2022: 63M (+26% vs 2021)
63M
+26%
2022
2023: 65M (+3% vs 2022)
65M
+3%
2023
2024: 89M (+37% vs 2023)
89M
+37%
2024
EBITDA
NOK millions
32M
24M
16M
8M
0M
2020: 8M
8M
2020
2021: 7M (-12% vs 2020)
7M
-12%
2021
2022: 22M (+214% vs 2021)
22M
+214%
2022
2023: 10M (-55% vs 2022)
10M
-55%
2023
2024: 26M (+160% vs 2023)
26M
+160%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
89 120
64 551
62 825
50 214
38 359
Staff expenses
−12 965
−11 899
−15 407
−12 810
−0
EBITDA
25 676
9 798
21 510
7 024
8 238
Depreciation & amort.
−10 034
−8 196
−5 299
−3 005
−2 659
EBIT
15 642
1 602
16 211
4 019
5 579
Net financials
2 655
−331
2 790
1 546
−305
Profit before tax
18 297
1 271
19 001
5 565
5 274
Tax
4 149
−88
2 568
1 250
−1 693
Net profit
14 148
1 359
16 434
4 315
6 967
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
98 520
71 814
68 366
57 881
57 549
Equity
61 035
57 462
53 870
38 492
35 293
Long-term debt
0
0
0
3 939
3 861
Short-term debt
37 485
14 352
14 496
15 450
18 395
Total debt
37 485
14 352
14 496
19 389
22 256
Financial ratios
5-year trend
EBITDA margin
28,8 %
This company
15,8 %
Market median
This company
Market median
82% above market
2020
2024
Equity ratio
62,0 %
This company
38,2 %
Market median
This company
Market median
62% above market
2020
2024
Return on equity
23,2 %
This company
18,4 %
Market median
This company
Market median
26% above market
2020
2024
Net profit margin
15,9 %
This company
8,1 %
Market median
This company
Market median
96% above market
2020
2024
Asset turnover
0,90×
This company
1,12×
Market median
This company
Market median
20% below market
2020
2024
Debt / equity
0,61×
This company
0,62×
Market median
This company
Market median
2% below 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
More on TSC Subsea AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
