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TEQ AS
AS
Active
Org 922561907
Rindaveien 16, 4371 Egersund
Wholesale of hardware, plumbing and heating equipment and supplies · NACE 4684
Est. 2019
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 286K
-28% vs 2023
EBITDA margin
18.1%
-54% vs 2023
Equity ratio
94.2%
Financial strength
Net profit 2024
NOK 23K
-66% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 286K
-28%
EBITDA
NOK 52K
-54%
Net profit
NOK 23K
-66%
Total assets
NOK 632K
-5%
Equity
NOK 595K
-1%
Employees
1
—
Company information
Legal name
TEQ AS
Org number
922561907
Legal form
Aksjeselskap
NACE code
4684 · Wholesale of hardware, plumbing and heating equipment and supplies
Founded
2. april 2019
Share capital
NOK 50 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Å drive med import, grossistvirksomhet og videresalg av varer og tjenester til norsk industri.
Contact
Address
Rindaveien 16, 4371 Egersund
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Wholesale of hardware, plumbing and heating equipment and supplies
Companies in Eigersund
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
1M
2020
0M
2021
1M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Revenue
106
524
483
1 024
396
286
Staff expenses
−0
−24
−12
−28
−29
−3
EBITDA
42
194
198
231
113
52
Depreciation & amort.
−0
−0
−0
−17
−22
−22
EBIT
42
194
198
214
91
29
Net financials
0
0
−3
−15
27
−0
Profit before tax
42
194
195
199
118
29
Tax
−0
44
43
44
51
6
Net profit
42
150
152
155
67
23
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Total assets
100
274
477
644
663
632
Equity
86
225
377
532
599
595
Long-term debt
0
0
0
1
16
11
Short-term debt
14
49
100
111
48
26
Total debt
14
49
100
112
64
37
Financial ratios
5-year trend
EBITDA margin
18.1%
This company
15.8%
Market median
+15% vs market
2019
2024
Equity ratio
94.2%
This company
38.2%
Market median
+147% vs market
2019
2024
Return on equity
3.8%
This company
18.4%
Market median
-79% vs market
2019
2024
Net profit margin
8.0%
This company
8.1%
Market median
-1% vs market
2019
2024
Asset turnover
0.45×
This company
1.12×
Market median
-60% vs market
2019
2024
Debt / equity
0.06×
This company
0.62×
Market median
+90% vs market
2019
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
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
SM
Steffen Mathiesen
Chief Executive Officer
Chief Executive Officer
2019
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SV
Steffen Vindheim
Chairman
2023
—
—
ET
Eirik Thunestvedt
Board of Directors
2023
—
—
SN
Svein Narve Veshovda
Chairman
2019
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Teq As
Company
10.0%
10.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TEQ AS also hold positions in
0
other companies.
Person
Role here
Other companies
Steffen Mathiesen
Chief Executive Officer
0 companies
Steffen Vindheim
Chairman
0 companies
Eirik Thunestvedt
Board of Directors
0 companies
Svein Narve Veshovda
Chairman
0 companies