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A/S HØRTEFOSSEN
AS
Active
Org 947454838
Hørtevegen 580, 3811 Hørte
Roofing activities · NACE 4341
Est. 1988
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,4M
-2% vs 2023
EBITDA margin
9.7%
+40% vs 2023
Equity ratio
80.9%
Financial strength
Net profit 2024
NOK 660K
+46% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
1M
-50%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 10,4M
-2%
EBITDA
NOK 1M
+40%
Net profit
NOK 660K
+46%
Total assets
NOK 15,1M
+7%
Equity
NOK 12,2M
+6%
Employees
6
—
Company information
Legal name
A/S HØRTEFOSSEN
Org number
947454838
Legal form
Aksjeselskap
NACE code
4341 · Roofing activities
Founded
4. januar 1988
Share capital
NOK 100 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Hørtevegen 580, 3811 Hørte
Phone
+4735956590
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Companies in Roofing activities
Companies in Midt-Telemark
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
9M
2020
8M
2021
11M
2022
11M
2023
10M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
8 526
8 305
11 066
10 586
10 399
Staff expenses
−3 041
−2 970
−3 489
−4 016
−4 020
EBITDA
1 793
1 160
1 402
717
1 005
Depreciation & amort.
−106
−81
−137
−180
−207
EBIT
1 687
1 079
1 265
537
798
Net financials
18
22
17
42
48
Profit before tax
1 705
1 101
1 282
579
846
Tax
377
242
283
127
186
Net profit
1 328
859
999
451
660
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 196
12 224
13 606
14 047
15 075
Equity
9 226
10 085
11 084
11 536
12 196
Long-term debt
0
0
0
0
246
Short-term debt
1 952
2 125
2 514
2 508
2 628
Total debt
1 970
2 139
2 522
2 512
2 879
Financial ratios
5-year trend
EBITDA margin
9.7%
This company
15.8%
Market median
-39% vs market
2020
2024
Equity ratio
80.9%
This company
38.2%
Market median
+112% vs market
2020
2024
Return on equity
5.4%
This company
18.4%
Market median
-71% vs market
2020
2024
Net profit margin
6.3%
This company
8.1%
Market median
-22% vs market
2020
2024
Asset turnover
0.69×
This company
1.12×
Market median
-38% vs market
2020
2024
Debt / equity
0.24×
This company
0.62×
Market median
+61% 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)
KH
Kittil Halvard Andres Hørte
Chief Executive Officer
Chief Executive Officer
2011
JH
Jan Henning Hørte
Deputy Member
Deputy Member
2011
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Knb As
Company
100%
100%
2022
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Company hierarchy
Knb As
A/S HØRTEFOSSEN
(this company)
Board network connections
Board members of A/S HØRTEFOSSEN also hold positions in
0
other companies.
Person
Role here
Other companies
Kittil Halvard Andres Hørte
Chief Executive Officer
0 companies
Jan Henning Hørte
Deputy Member
0 companies