Riskpilot← Back to searchSign inGet full accessTTC NORGE AS
ASActiveOrg 947473697Stabburveien 10, 1859 SlituManufacture of non-domestic air conditioning equipment · NACE 2825Est. 198847 employees
Revenue 2024
NOK 139,4M
+28% vs 2023
EBITDA margin
19.2%
+63% vs 2023
Equity ratio
41.7%
Financial strength
Net profit 2024
NOK 16,7M
+69% vs 2023
| Revenue | NOK 139,4M | +28% |
| EBITDA | NOK 26,7M | +63% |
| Net profit | NOK 16,7M | +69% |
| Total assets | NOK 126M | +21% |
| Equity | NOK 52,5M | +15% |
| Employees | 47 | — |
Legal name
TTC NORGE AS
Org number
947473697
Legal form
Aksjeselskap
NACE code
2825 · Manufacture of non-domestic air conditioning equipment
Founded
9. juni 1988
Share capital
—
Employees
47 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Stabburveien 10, 1859 Slitu
Phone
+4769845100
Email
sales@ttc.no
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| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 107 595 | 105 310 | 73 513 | 51 190 | 66 830 | 73 631 | 57 169 | 59 328 | 91 901 | 109 018 | 139 398 |
| Staff expenses | −35 928 | −36 438 | −32 796 | −30 391 | −30 210 | −31 228 | −31 066 | −31 455 | −36 459 | −40 637 | −46 617 |
| EBITDA | 24 332 | 21 522 | 6 618 | −3 425 | 6 830 | 5 387 | −3 648 | −890 | 11 822 | 16 389 | 26 716 |
| Depreciation & amort. | −3 222 | −3 261 | −3 328 | −3 350 | −3 192 | −2 548 | −2 551 | −2 515 | −2 456 | −2 420 | −2 440 |
| EBIT | 21 110 | 18 260 | 3 290 | −6 776 | 3 638 | 2 839 | −6 199 | −3 405 | 9 367 | 13 969 | 24 276 |
| Net financials | −903 | −344 | −56 | −158 | −390 | −412 | −267 | −534 | −1 056 | −1 273 | −2 843 |
| Profit before tax | 20 207 | 17 916 | 3 234 | −6 933 | 3 248 | 2 427 | −6 466 | −3 939 | 8 311 | 12 696 | 21 432 |
| Tax | 5 508 | 4 680 | 735 | −1 670 | 710 | 535 | −1 422 | −867 | 1 833 | 2 803 | 4 720 |
| Net profit | 14 699 | 13 236 | 2 499 | −5 263 | 2 538 | 1 892 | −5 044 | −3 072 | 6 478 | 9 893 | 16 712 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 111 470 | 81 808 | 66 419 | 70 953 | 70 350 | 81 202 | 70 281 | 79 600 | 90 255 | 103 970 | 126 009 |
| Equity | 46 350 | 50 586 | 50 085 | 44 821 | 44 859 | 46 751 | 41 707 | 38 635 | 40 913 | 45 806 | 52 518 |
| Long-term debt | 24 600 | 2 081 | 1 939 | 269 | 979 | 1 476 | 92 | 0 | 0 | 0 | 0 |
| Short-term debt | 40 520 | 29 141 | 14 396 | 25 863 | 24 512 | 32 975 | 28 482 | 40 965 | 49 342 | 58 164 | 73 491 |
| Total debt | 65 120 | 31 222 | 16 335 | 26 131 | 25 491 | 34 451 | 28 574 | 40 965 | 49 342 | 58 164 | 73 491 |
EBITDA margin
19.2%
This company
15.8%
Market median
+22% vs market
20142024
Equity ratio
41.7%
This company
38.2%
Market median
+9% vs market
20142024
Return on equity
31.8%
This company
18.4%
Market median
+73% vs market
20142024
Net profit margin
12.0%
This company
8.1%
Market median
+48% vs market
20142024
Asset turnover
1.11×
This company
1.12×
Market median
+1% vs market
20142024
Debt / equity
1.40×
This company
0.62×
Market median
-126% vs market
20142024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TJ Chief Executive Officer | Chief Executive Officer | 1995 | — | — |
GK Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
G & L Beijer As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of TTC NORGE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tore Juul Grefslie | Chief Executive Officer | 0 companies |
| Geir Kyrre Daleng | Chief Executive Officer | 0 companies |
| Ulf Lennart Berghult | Board of Directors | 0 companies |
| Ole Johan Bakker | Board of Directors | 0 companies |
| Simon Andrej Karlin | Chairman | 0 companies |
| Rasmus Kragen | Board of Directors | 0 companies |
| Thor Øyvind Midtfjeld | Board of Directors | 0 companies |
| Per Fredrik Hamrin | Chairman | 0 companies |
| Svenn-Arne Svenningsen | Board of Directors | 0 companies |
| Lars Jonas Steen | Chairman | 0 companies |