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TORP MASKIN AS
AS
Active
Org 939776397
Hauganveien 366, 3178 Våle
Wholesale of agricultural machinery, equipment and supplies · NACE 4661
Est. 1986
18 employees
www.torpmaskin.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 91,7M
+7% vs 2023
EBITDA margin
11.5%
+10% vs 2023
Equity ratio
69.3%
Financial strength
Net profit 2024
NOK 7,2M
+29% vs 2023
EBITDA — year on year
NOK millions
14M
10M
7M
3M
0M
5M
2020
7M
+40%
2021
7M
0%
2022
10M
+43%
2023
11M
+10%
2024
Key figures
Annual report 2024
Revenue
NOK 91,7M
+7%
EBITDA
NOK 10,5M
+10%
Net profit
NOK 7,2M
+29%
Total assets
NOK 73,3M
+15%
Equity
NOK 50,8M
+17%
Employees
18
—
Company information
Legal name
TORP MASKIN AS
Org number
939776397
Legal form
Aksjeselskap
NACE code
4661 · Wholesale of agricultural machinery, equipment and supplies
Founded
2. mars 1986
Share capital
—
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Contact
Address
Hauganveien 366, 3178 Våle
Phone
+4733061910
Email
post@torpmaskin.no
Website
www.torpmaskin.no
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Revenue
NOK millions
0M
26M
53M
79M
106M
57M
2020
78M
2021
78M
2022
86M
2023
92M
2024
EBITDA
NOK millions
0M
3M
6M
9M
13M
5M
2020
7M
2021
7M
2022
10M
2023
11M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
57 321
78 247
78 166
86 014
91 739
Staff expenses
−10 241
−11 222
−12 100
−13 002
−12 980
EBITDA
4 807
6 832
7 324
9 581
10 542
Depreciation & amort.
−502
−531
−544
−811
−707
EBIT
4 305
6 301
6 780
8 770
9 834
Net financials
−232
−266
−692
−1 605
−607
Profit before tax
4 073
6 036
6 089
7 164
9 227
Tax
891
1 367
1 340
1 576
2 032
Net profit
3 182
4 669
4 749
5 588
7 195
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
43 048
52 798
55 568
63 961
73 284
Equity
28 070
32 738
37 996
43 584
50 779
Long-term debt
6 369
5 069
3 767
5 584
4 200
Short-term debt
8 610
14 991
13 806
14 793
18 304
Total debt
14 978
20 060
17 572
20 377
22 504
Financial ratios
5-year trend
EBITDA margin
11.5%
This company
15.8%
Market median
-27% vs market
2020
2024
Equity ratio
69.3%
This company
38.2%
Market median
+81% vs market
2020
2024
Return on equity
14.2%
This company
18.4%
Market median
+23% vs market
2020
2024
Net profit margin
7.8%
This company
8.1%
Market median
-4% vs market
2020
2024
Asset turnover
1.25×
This company
1.12×
Market median
+12% vs market
2020
2024
Debt / equity
0.44×
This company
0.62×
Market median
+29% 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 (1)
EW
Erling Westbye
Chief Executive Officer
Chief Executive Officer
2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MW
Martin Westbye
Board of Directors
2003
Former (1)
KS
Kari Sletmoe Westbye
Chairman
2003 – 2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Torp Eiendom As
Company
100%
100%
2024
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Company hierarchy
Marwest Holding As
Torp Eiendom As
TORP MASKIN AS
(this company)
Board network connections
Board members of TORP MASKIN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erling Westbye
Chief Executive Officer
0 companies
Martin Westbye
Board of Directors
0 companies
Kari Sletmoe Westbye
Chairman
0 companies