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TURNAROUND A/S
AS
Active
Org 947035673
Tjernsliveien 22, 3538 Sollihøgda
Business and other management consultancy activities · NACE 7020
Est. 1987
0 employees
www.turnaround.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 615K
+27% vs 2023
EBITDA margin
50.7%
+30% vs 2023
Equity ratio
-167.6%
Financial strength
Net profit 2024
NOK 287K
+238% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 615K
+27%
EBITDA
NOK 312K
+30%
Net profit
NOK 287K
+238%
Total assets
NOK 149K
-73%
Equity
NOK -250K
+53%
Employees
0
—
Company information
Legal name
TURNAROUND A/S
Org number
947035673
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
1. desember 1987
Share capital
NOK 250 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Contact
Address
Tjernsliveien 22, 3538 Sollihøgda
Website
www.turnaround.no
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Companies in Business and other management consultancy activities
Companies in Hole
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
411
704
329
483
615
Staff expenses
−29
−32
−21
−9
−10
EBITDA
−443
−52
−215
239
312
Depreciation & amort.
−7
−6
−11
−126
−0
EBIT
−450
−57
−227
114
312
Net financials
−25
−16
−14
−29
−25
Profit before tax
−475
−74
−241
85
287
Tax
−104
147
−0
−0
−0
Net profit
−370
−221
−241
85
287
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
497
275
234
544
149
Equity
−160
−381
−622
−537
−250
Long-term debt
0
0
0
362
0
Short-term debt
657
656
856
719
400
Total debt
657
656
856
1 081
400
Financial ratios
5-year trend
EBITDA margin
50.7%
This company
15.8%
Market median
+221% vs market
2020
2024
Equity ratio
-167.6%
This company
38.2%
Market median
-539% vs market
2020
2024
Return on equity
28698900.0%
This company
18.4%
Market median
+155972183% vs market
2020
2024
Net profit margin
46.6%
This company
8.1%
Market median
+475% vs market
2020
2024
Asset turnover
4.12×
This company
1.12×
Market median
+268% vs market
2020
2024
Debt / equity
1.60×
This company
0.62×
Market median
-158% 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)
NH
Nicolay Herman Mossige Thomstad
Chief Executive Officer
Chief Executive Officer
2025
Former (1)
IM
Ida Maria Berg Thomstad
Chief Executive Officer
Chief Executive Officer
2019 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
TH
Tønnes Herman Thomstad
Chairman
2019
SE
Stig Elsfjordstrand
Board of Directors
2019
GO
Geir Olav Iversen
Board of Directors
2019
Shareholders
As of last annual report
No shareholder data available.
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 TURNAROUND A/S also hold positions in
0
other companies.
Person
Role here
Other companies
Nicolay Herman Mossige Thomstad
Chief Executive Officer
0 companies
Ida Maria Berg Thomstad
Chief Executive Officer
0 companies
Tønnes Herman Thomstad
Chairman
0 companies
Stig Elsfjordstrand
Board of Directors
0 companies
Geir Olav Iversen
Board of Directors
0 companies