Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Tvedestrand Utvikling AS
AS
Active
Org 927500841
Plassen 30, 3919
Porsgrunn
Development of building projects
·
NACE 6812
Est. 2021 · 4 years old
2 employees
Monitor
Share
Norway
/
Companies
/
Development of building projects
/
Tvedestrand Utvikling AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
35M
26M
17M
9M
0M
2021: 0M
0M
2021
2022: 12M
12M
2022
2023: 8M (-33% vs 2022)
8M
-33%
2023
2024: 4M (-50% vs 2023)
4M
-50%
2024
2025: 28M (+600% vs 2024)
28M
+600%
2025
EBITDA
NOK millions
16M
12M
8M
4M
0M
2021: 0M
0M
2021
2022: 5M
5M
2022
2023: 3M (-40% vs 2022)
3M
-40%
2023
2024: 1M (-67% vs 2023)
1M
-67%
2024
2025: 13M (+1200% vs 2024)
13M
+1200%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
27 558
3 682
7 746
11 920
0
Staff expenses
−121
−162
−133
−0
−0
EBITDA
12 972
715
3 064
4 683
−197
Depreciation & amort.
−154
−103
−51
−103
−0
EBIT
12 818
613
3 012
4 580
−197
Net financials
347
22
78
47
0
Profit before tax
13 165
635
3 090
4 628
−197
Tax
2 941
151
691
841
−43
Net profit
10 223
484
2 399
3 786
−154
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
64 375
52 194
49 094
52 815
36 397
Equity
9 989
9 582
9 099
8 311
1 291
Long-term debt
0
38 332
34 480
34 772
34 199
Short-term debt
13 758
4 280
5 515
9 732
907
Total debt
54 386
42 612
39 995
44 504
35 106
Financial ratios
5-year trend
EBITDA margin
47,1 %
This company
15,8 %
Market median
This company
Market median
198% above market
2021
2025
Equity ratio
15,5 %
This company
38,2 %
Market median
This company
Market median
59% below market
2021
2025
Return on equity
102,3 %
This company
18,4 %
Market median
This company
Market median
456% above market
2021
2025
Net profit margin
37,1 %
This company
8,1 %
Market median
This company
Market median
358% above market
2021
2025
Asset turnover
0,43×
This company
1,12×
Market median
This company
Market median
62% below market
2021
2025
Debt / equity
5,44×
This company
0,62×
Market median
This company
Market median
777% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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 2021-07-07 – 2021-12-31
View
PDF
More on Tvedestrand Utvikling AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network