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TECH WORKS AS
AS
In liquidation
Org 921499094
Vardeveien 4, 1363 Høvik
Computer consultancy and computer facilities management activities · NACE 6220
Est. 2018
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 9K
-99% vs 2024
EBITDA margin
-481.9%
-182% vs 2024
Equity ratio
31.8%
Financial strength
Net profit 2025
NOK -47K
-319% vs 2024
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
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 9K
-99%
EBITDA
NOK -45K
-182%
Net profit
NOK -47K
-319%
Total assets
NOK 94K
-75%
Equity
NOK 30K
-73%
Employees
1
—
Company information
Legal name
TECH WORKS AS
Org number
921499094
Legal form
Aksjeselskap
NACE code
6220 · Computer consultancy and computer facilities management activities
Founded
3. oktober 2018
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder hver for seg.
Company purpose
Montering, salg/utleie og service innen it og telecom, samt konsulent tjenester knyttet til dette. Utvikling, drift og promotering av webportaler.
Contact
Address
Vardeveien 4, 1363 Høvik
Email
jtl@fastbird.no
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Companies in Computer consultancy and computer facilities management activities
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2018
1M
2019
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
2023
2024
2025
Revenue
124
1 035
990
1 166
1 002
1 233
1 232
9
Staff expenses
−0
−802
−927
−1 066
−746
−1 032
−1 027
−18
EBITDA
83
23
−21
−138
60
31
55
−45
Depreciation & amort.
−0
−0
−0
−32
−32
−32
−27
−2
EBIT
83
23
−21
−170
28
−1
29
−47
Net financials
0
−0
−0
−8
−6
−2
−1
−0
Profit before tax
83
23
−21
−178
23
−3
27
−47
Tax
19
6
−4
−41
6
1
6
−0
Net profit
64
18
−17
−138
16
−4
21
−47
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
2023
2024
2025
Total assets
129
268
344
521
395
396
375
94
Equity
94
111
95
101
97
88
110
30
Long-term debt
0
0
0
142
76
0
0
0
Short-term debt
35
157
250
278
222
308
266
64
Total debt
35
157
250
420
298
308
266
64
Financial ratios
5-year trend
EBITDA margin
-481.9%
This company
15.8%
Market median
-3150% vs market
2018
2025
Equity ratio
31.8%
This company
38.2%
Market median
+17% vs market
2018
2025
Return on equity
-156.3%
This company
18.4%
Market median
-949% vs market
2018
2025
Net profit margin
-500.8%
This company
8.1%
Market median
-6283% vs market
2018
2025
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2018
2025
Debt / equity
2.15×
This company
0.62×
Market median
-247% vs market
2018
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
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 2018-09-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
JL
Jan-Tore Ljøstad
Chairman
2023
—
—
EJ
Erik Jahre Torgersen
Board of Directors
2023
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Fastbird As
Company
100.0%
100.0%
2022
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Company hierarchy
Fastbird As
TECH WORKS AS
(this company)
Board network connections
Board members of TECH WORKS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan-Tore Ljøstad
Chairman
0 companies
Erik Jahre Torgersen
Board of Directors
0 companies