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TRAIN TO MASTER GOLF ACADEMY AS
AS
Active
Org 926729217
Vestliveien 21, 1344 Haslum
Sports and recreation education · NACE 8551
Est. 2021
2 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5M
+30% vs 2023
EBITDA margin
2.6%
+50% vs 2023
Equity ratio
7.6%
Financial strength
Net profit 2024
NOK 16K
+174% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 5M
+30%
EBITDA
NOK 129K
+50%
Net profit
NOK 16K
+174%
Total assets
NOK 1,2M
+41%
Equity
NOK 89K
+22%
Employees
2
—
Company information
Legal name
TRAIN TO MASTER GOLF ACADEMY AS
Org number
926729217
Legal form
Aksjeselskap
NACE code
8551 · Sports and recreation education
Founded
23. mars 2021
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg. Styrets leder alene. Daglig leder alene.
Company purpose
Golfinstruksjon.
Contact
Address
Vestliveien 21, 1344 Haslum
Phone
+4767106110
Email
kundeservice@ttmgolfacademy.com
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Companies in Sports and recreation education
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All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2021
3M
2022
4M
2023
5M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
3 093
2 626
3 819
4 969
Staff expenses
−1 564
−1 105
−2 635
−2 992
EBITDA
13
105
86
129
Depreciation & amort.
−8
−55
−76
−105
EBIT
5
50
10
24
Net financials
−0
−1
−2
−3
Profit before tax
5
48
8
20
Tax
−0
11
2
4
Net profit
5
37
6
16
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
595
271
828
1 165
Equity
29
66
72
89
Long-term debt
0
7
9
8
Short-term debt
566
198
746
1 069
Total debt
566
205
755
1 077
Financial ratios
5-year trend
EBITDA margin
2.6%
This company
15.8%
Market median
-84% vs market
2021
2024
Equity ratio
7.6%
This company
38.2%
Market median
-80% vs market
2021
2024
Return on equity
18.3%
This company
18.4%
Market median
+1% vs market
2021
2024
Net profit margin
0.3%
This company
8.1%
Market median
-96% vs market
2021
2024
Asset turnover
4.26×
This company
1.12×
Market median
+280% vs market
2021
2024
Debt / equity
12.16×
This company
0.62×
Market median
-1861% vs market
2021
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 2021-02-24 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
GJ
Gert Joakim Schultz
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DR
Dennis Roland Den Roover
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
50%
50%
2022
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 TRAIN TO MASTER GOLF ACADEMY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gert Joakim Schultz
Chief Executive Officer
0 companies
Dennis Roland Den Roover
Chairman
0 companies