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THERMOTECH AS
AS
Active
Org 925846457
Seksjon 10 Hardangervegen 74, 5224 Nesttun
Manufacture of cutlery · NACE 2561
Est. 2020
5 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 5,8M
-5% vs 2022
EBITDA margin
-8.8%
-393% vs 2022
Equity ratio
63.2%
Financial strength
Net profit 2023
NOK -592K
-1067% vs 2022
EBITDA — year on year
NOK millions
0M
1M
2M
3M
4M
3M
2020
-1M
-133%
2021
0M
+100%
2022
-1M
-100%
2023
Key figures
Annual report 2023
Revenue
NOK 5,8M
-5%
EBITDA
NOK -511K
-393%
Net profit
NOK -592K
-1067%
Total assets
NOK 1,4M
-24%
Equity
NOK 867K
-7%
Employees
5
—
Company information
Legal name
THERMOTECH AS
Org number
925846457
Legal form
Aksjeselskap
NACE code
2561 · Manufacture of cutlery
Founded
26. oktober 2020
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Varmebehandling og maskinering av metaller samt lekkasjetetting. Salg og utleie av utstyr innen dette. Markedet er fortrinnsvis innen olje og gass.
Contact
Address
Seksjon 10 Hardangervegen 74, 5224 Nesttun
Phone
+4799271516
Email
firmapost@heattech.no
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Companies in Manufacture of cutlery
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
3M
7M
10M
14M
12M
2020
5M
2021
6M
2022
6M
2023
EBITDA
NOK millions
0M
1M
2M
3M
3M
3M
2020
-1M
2021
0M
2022
-1M
2023
Income statement
NOK thousands
Item
2020
2021
2022
2023
Revenue
12 421
4 601
6 101
5 795
Staff expenses
−5 374
−3 003
−3 477
−2 841
EBITDA
3 098
−625
174
−511
Depreciation & amort.
−214
−230
−247
−230
EBIT
2 884
−855
−72
−741
Net financials
−11
−9
7
−18
Profit before tax
2 873
−864
−65
−759
Tax
634
−190
−14
−167
Net profit
2 239
−674
−51
−592
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
Total assets
7 503
2 873
1 816
1 372
Equity
984
984
933
867
Long-term debt
1
1
0
0
Short-term debt
6 518
1 888
882
504
Total debt
6 519
1 889
882
504
Financial ratios
5-year trend
EBITDA margin
-8.8%
This company
15.8%
Market median
-156% vs market
2020
2023
Equity ratio
63.2%
This company
38.2%
Market median
+65% vs market
2020
2023
Return on equity
-68.3%
This company
18.4%
Market median
-471% vs market
2020
2023
Net profit margin
-10.2%
This company
8.1%
Market median
-226% vs market
2020
2023
Asset turnover
4.23×
This company
1.12×
Market median
+278% vs market
2020
2023
Debt / equity
0.58×
This company
0.62×
Market median
+6% vs market
2020
2023
Annual reports & filings
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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SK
Svein Kvale
Chairman
2021
—
—
NH
Nils Hakon Piene
Board of Directors
2021
—
—
TI
Trond Inge Johnsen
Board of Directors
2021
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Thermotech As
Company
100.0%
100.0%
2024
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Company hierarchy
Thermotech As
THERMOTECH AS
(this company)
Board network connections
Board members of THERMOTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Svein Kvale
Chairman
0 companies
Nils Hakon Piene
Board of Directors
0 companies
Trond Inge Johnsen
Board of Directors
0 companies