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THUNE GULLSMED & URMAKER AS
AS
Active
Org 957338879
Fredrik Selmers Vei 6, 0663 Oslo
Retail sale of watches and jewellery · NACE 4777
Est. 1990
119 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 224,3M
+13% vs 2023
EBITDA margin
8.7%
+5% vs 2023
Equity ratio
49.7%
Financial strength
Net profit 2024
NOK 8,1M
+2% vs 2023
EBITDA — year on year
NOK millions
33M
24M
16M
8M
0M
18M
2020
26M
+44%
2021
23M
-12%
2022
19M
-17%
2023
20M
+5%
2024
Key figures
Annual report 2024
Revenue
NOK 224,3M
+13%
EBITDA
NOK 19,6M
+5%
Net profit
NOK 8,1M
+2%
Total assets
NOK 131,9M
+3%
Equity
NOK 65,6M
+7%
Employees
119
—
Company information
Legal name
THUNE GULLSMED & URMAKER AS
Org number
957338879
Legal form
Aksjeselskap
NACE code
4777 · Retail sale of watches and jewellery
Founded
9. april 1990
Share capital
—
Employees
119 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Handel eller ved aksjeeie eller på annen måte å gjøre seg interessert i andre foretagender.
Contact
Address
Fredrik Selmers Vei 6, 0663 Oslo
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Revenue
NOK millions
0M
64M
129M
193M
258M
161M
2020
175M
2021
194M
2022
198M
2023
224M
2024
EBITDA
NOK millions
0M
7M
15M
22M
30M
18M
2020
26M
2021
23M
2022
19M
2023
20M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
160 907
175 392
194 454
197 787
224 307
Staff expenses
−28 343
−28 718
−32 448
−36 318
−42 218
EBITDA
18 385
26 279
22 725
18 750
19 599
Depreciation & amort.
−3 145
−2 411
−3 450
−4 305
−5 071
EBIT
15 240
23 868
19 275
14 445
14 528
Net financials
−2 960
−2 656
−3 408
−4 259
−4 187
Profit before tax
12 280
21 212
15 868
10 186
10 342
Tax
2 704
4 667
3 492
2 243
2 275
Net profit
9 577
16 545
12 376
7 943
8 067
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
92 462
100 938
133 438
127 652
131 903
Equity
48 660
55 204
57 580
61 523
65 590
Long-term debt
0
0
0
0
0
Short-term debt
43 802
45 734
75 858
66 129
66 313
Total debt
43 802
45 734
75 858
66 129
66 313
Financial ratios
5-year trend
EBITDA margin
8.7%
This company
15.8%
Market median
-45% vs market
2020
2024
Equity ratio
49.7%
This company
38.2%
Market median
+30% vs market
2020
2024
Return on equity
12.3%
This company
18.4%
Market median
+33% vs market
2020
2024
Net profit margin
3.6%
This company
8.1%
Market median
-56% vs market
2020
2024
Asset turnover
1.70×
This company
1.12×
Market median
+52% vs market
2020
2024
Debt / equity
1.01×
This company
0.62×
Market median
-63% 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)
PR
Per-Andre Ragdem Marum
Deputy Member
Deputy Member
2007
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EB
Erling Bjerke
Chairman
2007
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
N M Thune As
Company
100%
100%
2022
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Company hierarchy
Bal Holding As
Bt Gulltid As
N M Thune As
THUNE GULLSMED & URMAKER AS
(this company)
Board network connections
Board members of THUNE GULLSMED & URMAKER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Per-Andre Ragdem Marum
Deputy Member
0 companies
Erling Bjerke
Chairman
0 companies