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TERRA WATCHES BY EXPLORERS AS
AS
Active
Org 929474252
Voldgata 88, 2000 Lillestrøm
Intermediation service activities for specialised retail sale · NACE 4792
Est. 2022
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 53K
-48% vs 2023
EBITDA margin
10.2%
+143% vs 2023
Equity ratio
93.9%
Financial strength
Net profit 2024
NOK 4K
+144% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 53K
-48%
EBITDA
NOK 5K
+143%
Net profit
NOK 4K
+144%
Total assets
NOK 38K
+18%
Equity
NOK 35K
+14%
Employees
0
—
Company information
Legal name
TERRA WATCHES BY EXPLORERS AS
Org number
929474252
Legal form
Aksjeselskap
NACE code
4792 · Intermediation service activities for specialised retail sale
Founded
29. juli 2022
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap. To styremedlemmer i fellesskap.
Company purpose
Salg og utvikling av klokker og ur og tilbehør til disse. I tillegg hva styret finner interessant for selskapet.
Contact
Address
Voldgata 88, 2000 Lillestrøm
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Explore
Companies in Intermediation service activities for specialised retail sale
Companies in Lillestrøm
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
57
100
53
Staff expenses
−0
−0
−0
EBITDA
21
−12
5
Depreciation & amort.
−0
−0
−0
EBIT
21
−12
5
Net financials
0
−0
0
Profit before tax
21
−12
5
Tax
5
−3
1
Net profit
16
−10
4
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
56
32
38
Equity
41
31
35
Long-term debt
0
0
0
Short-term debt
15
1
2
Total debt
15
1
2
Financial ratios
5-year trend
EBITDA margin
10.2%
This company
15.8%
Market median
-35% vs market
2022
2024
Equity ratio
93.9%
This company
38.2%
Market median
+146% vs market
2022
2024
Return on equity
12.1%
This company
18.4%
Market median
+34% vs market
2022
2024
Net profit margin
8.1%
This company
8.1%
Market median
+0% vs market
2022
2024
Asset turnover
1.40×
This company
1.12×
Market median
+25% vs market
2022
2024
Debt / equity
0.06×
This company
0.62×
Market median
+90% vs market
2022
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
CR
Christoffer Ramstad
Board of Directors
2022
LE
Lars Erik Hansen
Chairman
2022
JK
Jakob Klever Gregersen
Board of Directors
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Klever Holding As
Company
24.67%
24.67%
2024
Co Holding As
Company
24.33%
24.33%
2024
André Roseth Magnussen
Individual
20%
20%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TERRA WATCHES BY EXPLORERS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Christoffer Ramstad
Board of Directors
0 companies
Lars Erik Hansen
Chairman
0 companies
Jakob Klever Gregersen
Board of Directors
0 companies