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TOTEX AS
AS
Active
Org 923471987
Terneveien 8, 1679 Kråkerøy
Wholesale of textiles · NACE 4641
Est. 2019
3 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,5M
-24% vs 2023
EBITDA margin
28.3%
+88% vs 2023
Equity ratio
44.6%
Financial strength
Net profit 2024
NOK 330K
+88% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,5M
-24%
EBITDA
NOK 423K
+88%
Net profit
NOK 330K
+88%
Total assets
NOK 795K
+60%
Equity
NOK 355K
+58%
Employees
3
—
Company information
Legal name
TOTEX AS
Org number
923471987
Legal form
Aksjeselskap
NACE code
4641 · Wholesale of textiles
Founded
26. september 2019
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Import. Salg.
Contact
Address
Terneveien 8, 1679 Kråkerøy
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 Wholesale of textiles
Companies in Fredrikstad
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
0M
2020
2M
2021
2M
2022
2M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
214
2 183
2 226
1 959
1 494
Staff expenses
−0
−0
−310
−347
−78
EBITDA
−9
16
56
225
423
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−9
16
56
225
423
Net financials
0
0
−34
−0
0
Profit before tax
−9
16
23
225
423
Tax
−0
0
5
50
93
Net profit
−9
16
18
175
330
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
245
537
856
497
795
Equity
16
31
49
225
355
Long-term debt
210
290
34
0
0
Short-term debt
19
216
773
273
440
Total debt
229
506
807
273
440
Financial ratios
5-year trend
EBITDA margin
28.3%
This company
15.8%
Market median
+79% vs market
2020
2024
Equity ratio
44.6%
This company
38.2%
Market median
+17% vs market
2020
2024
Return on equity
93.1%
This company
18.4%
Market median
+406% vs market
2020
2024
Net profit margin
22.1%
This company
8.1%
Market median
+173% vs market
2020
2024
Asset turnover
1.88×
This company
1.12×
Market median
+68% vs market
2020
2024
Debt / equity
1.24×
This company
0.62×
Market median
-100% vs 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TO
Tore Olaf Tvete
Chief Executive Officer
Chief Executive Officer
2022
Former (1)
TM
Tor Mølnvik
Contact Person
Contact Person
2019 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Former (1)
TR
Trond Roar Karlsen
Chairman
2020 – 2022
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TOTEX AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tor Mølnvik
Contact Person
0 companies
Tore Olaf Tvete
Chief Executive Officer
0 companies
Trond Roar Karlsen
Chairman
0 companies