Riskpilot← Back to searchSign inGet full accessTURN AROUND AS
ASActiveOrg 941864732Krags Vei 10, 0783 OsloBuying and selling of own real estate · NACE 6811Est. 19860 employees
Revenue 2024
NOK 456K
-22% vs 2023
EBITDA margin
56.8%
-19% vs 2023
Equity ratio
15.4%
Financial strength
Net profit 2024
NOK 847K
-30% vs 2023
| Revenue | NOK 456K | -22% |
| EBITDA | NOK 259K | -19% |
| Net profit | NOK 847K | -30% |
| Total assets | NOK 9,2M | +7% |
| Equity | NOK 1,4M | +150% |
| Employees | 0 | — |
Legal name
TURN AROUND AS
Org number
941864732
Legal form
Aksjeselskap
NACE code
6811 · Buying and selling of own real estate
Founded
10. oktober 1986
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller daglig leder alene.
Company purpose
Investeringsvirksomhet med vekt på finansielle eiendeler, fast eiendom og kunst, konsulentvirksomhet innenfor helsesektoren, samt arrangere fonferanser og seminarer, kunstnerisk virksomhet og alt som naturlig hører hertil.
Address
Krags Vei 10, 0783 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 778 | 645 | 778 | 584 | 456 |
| Staff expenses | −1 | 1 | −1 | −0 | −0 |
| EBITDA | 676 | 441 | 499 | 320 | 259 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 |
| EBIT | 676 | 441 | 499 | 320 | 259 |
| Net financials | 177 | 525 | −1 735 | 973 | 677 |
| Profit before tax | 853 | 966 | −1 236 | 1 292 | 936 |
| Tax | 58 | 195 | 114 | 82 | 88 |
| Net profit | 795 | 771 | −1 350 | 1 210 | 847 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 5 266 | 4 810 | 12 035 | 8 577 | 9 163 |
| Equity | −65 | 706 | −644 | 566 | 1 413 |
| Long-term debt | 5 223 | 3 907 | 12 563 | 7 854 | 7 681 |
| Short-term debt | 107 | 197 | 115 | 157 | 68 |
| Total debt | 5 330 | 4 104 | 12 679 | 8 011 | 7 750 |
EBITDA margin
56.8%
This company
15.8%
Market median
+259% vs market
20202024
Equity ratio
15.4%
This company
38.2%
Market median
-60% vs market
20202024
Return on equity
59.9%
This company
18.4%
Market median
+226% vs market
20202024
Net profit margin
185.8%
This company
8.1%
Market median
+2194% vs market
20202024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
5.48×
This company
0.62×
Market median
-784% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
MN Deputy Member | Deputy Member | 2012 |
FR Chief Executive Officer | Chief Executive Officer | 2026 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2012 | |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
TURN AROUND AS 
Staffing Invest AsBoard members of TURN AROUND AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Mathilde Nicolaysen Thafvelin | Deputy Member | 0 companies |
| Fredrik Ragnar Bertilsson Thafvelin | Chief Executive Officer | 0 companies |
| Hanne Henriette Nagell Nicolaysen | Chairman | 0 companies |