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TECNORACE AS
AS
Active
Org 920624081
Nadderudveien 6E, 1357 Bekkestua
Engineering activities and related technical consultancy · NACE 7112
Est. 2018
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 133K
-35% vs 2023
EBITDA margin
-80.5%
-12% vs 2023
Equity ratio
-518.9%
Financial strength
Net profit 2024
NOK -420K
+41% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 133K
-35%
EBITDA
NOK -107K
-12%
Net profit
NOK -420K
+41%
Total assets
NOK 518K
+10%
Equity
NOK -2,7M
-19%
Employees
0
—
Company information
Legal name
TECNORACE AS
Org number
920624081
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
22. mars 2018
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikle undervandsroboter, salg av kjemi produkter og grave/måke tjenester.
Contact
Address
Nadderudveien 6E, 1357 Bekkestua
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Engineering activities and related technical consultancy
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
1M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
2023
2024
Revenue
0
0
25
1 136
498
204
133
Staff expenses
−0
−0
−0
−0
−0
−0
−0
EBITDA
−25
−161
22
357
−166
−95
−107
Depreciation & amort.
−0
−31
−386
−556
−634
−624
−314
EBIT
−25
−192
−364
−199
−800
−720
−421
Net financials
0
0
0
0
0
3
1
Profit before tax
−25
−192
−364
−199
−800
−717
−420
Tax
−0
−0
−0
−0
−0
−0
−0
Net profit
−25
−192
−364
−199
−800
−717
−420
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
2023
2024
Total assets
48
204
2 121
2 059
1 075
473
518
Equity
−0
−192
−556
−755
−1 549
−2 266
−2 686
Long-term debt
0
0
0
0
254
404
789
Short-term debt
48
397
2 677
2 814
2 370
2 334
2 414
Total debt
48
397
2 677
2 814
2 624
2 738
3 203
Financial ratios
5-year trend
EBITDA margin
-80.5%
This company
15.8%
Market median
-609% vs market
2018
2024
Equity ratio
-518.9%
This company
38.2%
Market median
-1458% vs market
2018
2024
Return on equity
-42015500.0%
This company
18.4%
Market median
-228345209% vs market
2018
2024
Net profit margin
-316.7%
This company
8.1%
Market median
-4010% vs market
2018
2024
Asset turnover
0.26×
This company
1.12×
Market median
-77% vs market
2018
2024
Debt / equity
1.19×
This company
0.62×
Market median
-92% vs market
2018
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2017-12-23 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
TS
Trond Sivertsen
Chief Executive Officer
Chief Executive Officer
2018
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
RU
Rolf Uve Grøttjord
Chairman
2018
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Milestone Holding As
Company
100.0%
100.0%
2024
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Company hierarchy
Milestone Holding As
TECNORACE AS
(this company)
Board network connections
Board members of TECNORACE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Trond Sivertsen
Chief Executive Officer
0 companies
Rolf Uve Grøttjord
Chairman
0 companies