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THERMTECH HOLDING AS
AS
Active
Org 934076990
Jacob Kjødes Veg 15, 5232 Paradis
Engineering activities and related technical consultancy · NACE 7112
Est. 1983
0 employees
www.thermtech.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 14,1M
+5210% vs 2023
EBITDA margin
92.9%
+1666% vs 2023
Equity ratio
-295.4%
Financial strength
Net profit 2024
NOK 12,5M
+1290% vs 2023
EBITDA — year on year
NOK millions
16M
12M
7M
2M
-3M
-2M
2020
-2M
0%
2021
-1M
+50%
2022
-1M
0%
2023
13M
+1400%
2024
Key figures
Annual report 2024
Revenue
NOK 14,1M
+5210%
EBITDA
NOK 13,1M
+1666%
Net profit
NOK 12,5M
+1290%
Total assets
NOK 17,5M
+161%
Equity
NOK -51,6M
+20%
Employees
0
—
Company information
Legal name
THERMTECH HOLDING AS
Org number
934076990
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
6. august 1983
Share capital
NOK 6 650 191
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Contact
Address
Jacob Kjødes Veg 15, 5232 Paradis
Website
www.thermtech.no
Risika for professionals
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Companies in Engineering activities and related technical consultancy
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
4M
8M
12M
16M
0M
2020
0M
2021
0M
2022
0M
2023
14M
2024
EBITDA
NOK millions
0M
4M
7M
11M
15M
-2M
2020
-2M
2021
-1M
2022
-1M
2023
13M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
324
100
88
266
14 137
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−2 410
−1 797
−759
−838
13 130
Depreciation & amort.
−464
−400
−200
−200
−200
EBIT
−2 874
−2 197
−959
−1 038
12 930
Net financials
1 529
3 678
111
−15
−396
Profit before tax
−1 345
1 481
−848
−1 054
12 534
Tax
−0
−0
−0
−0
−0
Net profit
−1 345
1 481
−848
−1 054
12 534
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
7 572
7 242
8 384
6 687
17 476
Equity
−63 730
−62 249
−63 098
−64 151
−51 617
Long-term debt
54 993
54 993
54 993
54 993
54 993
Short-term debt
16 310
14 498
16 489
15 845
14 100
Total debt
71 303
69 491
71 482
70 838
69 093
Financial ratios
5-year trend
EBITDA margin
92.9%
This company
15.8%
Market median
+488% vs market
2020
2024
Equity ratio
-295.4%
This company
38.2%
Market median
-873% vs market
2020
2024
Return on equity
1253445800.0%
This company
18.4%
Market median
+6812205335% vs market
2020
2024
Net profit margin
88.7%
This company
8.1%
Market median
+995% vs market
2020
2024
Asset turnover
0.81×
This company
1.12×
Market median
+28% vs market
2020
2024
Debt / equity
1.34×
This company
0.62×
Market median
-116% vs market
2020
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 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
BS
Bertel Sten Helmer Nathhorst
Deputy Member
Deputy Member
2015
UM
Ulrika Maria Magdalena Nathhorst
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
CM
Camilla Malin Elisabeth Nathhorst Odevall
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
49.45%
49.45%
2022
Unknown
Individual
47.37%
47.37%
2022
Lark Services Inc.
Company
2.38%
2.38%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
THERMTECH HOLDING AS
(this company)
THERMTECH AS
Board network connections
Board members of THERMTECH HOLDING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bertel Sten Helmer Nathhorst
Deputy Member
0 companies
Ulrika Maria Magdalena Nathhorst
Chief Executive Officer
0 companies
Camilla Malin Elisabeth Nathhorst Odevall
Chairman
0 companies