Loading company…
Riskpilot
← Back to search
Sign in
Get full access
MATERIAL TESTING AS
AS
Active
Org 926848194
Myrbakken 49, 4110 Forsand
Technical testing and analysis · NACE 7120
Est. 2021
8 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,3M
+36% vs 2023
EBITDA margin
33.6%
+154% vs 2023
Equity ratio
15.7%
Financial strength
Net profit 2024
NOK 1,7M
+3489% vs 2023
EBITDA — year on year
NOK millions
0M
1M
2M
3M
4M
-2M
2021
-2M
0%
2022
1M
+150%
2023
3M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 10,3M
+36%
EBITDA
NOK 3,5M
+154%
Net profit
NOK 1,7M
+3489%
Total assets
NOK 6,4M
-45%
Equity
NOK 1M
+252%
Employees
8
—
Company information
Legal name
MATERIAL TESTING AS
Org number
926848194
Legal form
Aksjeselskap
NACE code
7120 · Technical testing and analysis
Founded
23. mars 2021
Share capital
NOK 3 200 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Investering i andre selskap og maskiner.
Contact
Address
Myrbakken 49, 4110 Forsand
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 Technical testing and analysis
Companies in Sandnes
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
1M
2021
4M
2022
8M
2023
10M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
-2M
2021
-2M
2022
1M
2023
3M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
779
3 760
7 540
10 286
Staff expenses
−1 699
−4 046
−4 066
−4 048
EBITDA
−1 867
−1 684
1 360
3 453
Depreciation & amort.
−232
−882
−963
−1 024
EBIT
−2 099
−2 566
397
2 429
Net financials
−77
−268
−338
−283
Profit before tax
−2 176
−2 834
60
2 145
Tax
−480
−623
13
472
Net profit
−1 696
−2 210
47
1 673
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
7 104
6 629
11 615
6 410
Equity
1 498
−712
−665
1 008
Long-term debt
3 000
2 813
2 188
1 438
Short-term debt
2 606
4 528
10 093
3 964
Total debt
5 606
7 341
12 281
5 402
Financial ratios
5-year trend
EBITDA margin
33.6%
This company
15.8%
Market median
+113% vs market
2021
2024
Equity ratio
15.7%
This company
38.2%
Market median
-59% vs market
2021
2024
Return on equity
166.0%
This company
18.4%
Market median
+802% vs market
2021
2024
Net profit margin
16.3%
This company
8.1%
Market median
+101% vs market
2021
2024
Asset turnover
1.60×
This company
1.12×
Market median
+43% vs market
2021
2024
Debt / equity
5.36×
This company
0.62×
Market median
-765% 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 2021-02-17 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
IT
Idar Tobias Heskestad
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Heskestad Holding As
Company
53.1%
53.1%
2022
Anja Bjørlo
Individual
3.1%
3.1%
2022
Helge Bjørheim
Individual
3.1%
3.1%
2022
Unknown
Individual
3.1%
3.1%
2022
Marius Sundheim Løland
Individual
3.1%
3.1%
2022
Geir Bratteland
Individual
3.1%
3.1%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Heskestad Holding As
MATERIAL TESTING AS
(this company)
Board network connections
Board members of MATERIAL TESTING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Idar Tobias Heskestad
Chief Executive Officer
0 companies