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Tertnes Entreprenør AS
AS
Active
Org 930572098
Eidsvågveien 150, 5105
Eidsvåg I Åsane
Construction of utility projects for fluids
·
NACE 4221
Est. 1981 · 45 years old
23 employees
www.tertnes-ent.no
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Construction of utility projects for fluids
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Tertnes Entreprenør AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
87M
65M
44M
22M
0M
2021: 48M
48M
2021
2022: 60M (+25% vs 2021)
60M
+25%
2022
2023: 58M (-3% vs 2022)
58M
-3%
2023
2024: 58M (0% vs 2023)
58M
0%
2024
2025: 70M (+21% vs 2024)
70M
+21%
2025
EBITDA
NOK millions
16M
12M
8M
4M
0M
2021: 0M
0M
2021
2022: 7M
7M
2022
2023: 2M (-71% vs 2022)
2M
-71%
2023
2024: 10M (+400% vs 2023)
10M
+400%
2024
2025: 13M (+30% vs 2024)
13M
+30%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
70 352
58 458
57 563
60 395
47 596
Staff expenses
−19 474
−16 729
−21 829
−17 723
−17 595
EBITDA
12 518
9 614
2 499
7 025
−131
Depreciation & amort.
−5 009
−4 548
−3 416
−3 282
−757
EBIT
7 509
5 067
−917
3 743
−888
Net financials
−359
−440
−258
−190
28
Profit before tax
7 150
4 627
−1 175
3 554
−860
Tax
1 573
−8 865
−247
794
−178
Net profit
5 577
13 492
−928
2 760
−682
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
54 522
45 991
22 780
17 908
11 206
Equity
25 116
19 539
5 230
3 410
2 803
Long-term debt
0
12 174
10 170
4 372
0
Short-term debt
13 657
14 278
7 380
10 125
8 403
Total debt
29 406
26 452
17 550
14 497
8 403
Financial ratios
5-year trend
EBITDA margin
17,8 %
This company
15,8 %
Market median
This company
Market median
13% above market
2021
2025
Equity ratio
46,1 %
This company
38,2 %
Market median
This company
Market median
21% above market
2021
2025
Return on equity
22,2 %
This company
18,4 %
Market median
This company
Market median
21% above market
2021
2025
Net profit margin
7,9 %
This company
8,1 %
Market median
This company
Market median
2% below market
2021
2025
Asset turnover
1,29×
This company
1,12×
Market median
This company
Market median
15% above market
2021
2025
Debt / equity
1,17×
This company
0,62×
Market median
This company
Market median
89% 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 2021-01-01 – 2021-12-31
View
PDF
More on Tertnes Entreprenør AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
