Skip to content
Riskpilot
← Back to search
Sign in
Get full access
THERMOTECH AS
AS
Active
Org 970995692
Kvalamarka 23, 5514
Haugesund
Machining of metals
·
NACE 2553
Est. 1994 · 32 years old
55 employees
www.thermotech-as.no
Monitor
Share
Norway
/
Companies
/
Machining of metals
/
THERMOTECH AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
0M
39M
77M
116M
154M
42M
2021
76M
2022
110M
2023
128M
2024
134M
2025
EBITDA
NOK millions
48M
36M
24M
12M
0M
9M
2021
20M
+122%
2022
31M
+55%
2023
38M
+23%
2024
35M
-8%
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
42 470
76 090
110 479
127 911
134 018
Staff expenses
−23 299
−32 054
−43 923
−51 855
−58 758
EBITDA
9 045
20 147
31 094
38 229
35 048
Depreciation & amort.
−770
−858
−1 330
−1 824
−2 766
EBIT
8 275
19 289
29 764
36 405
32 282
Net financials
−1 042
1 504
115
908
848
Profit before tax
7 233
20 793
29 880
37 313
33 130
Tax
1 823
4 328
6 491
8 229
7 294
Net profit
5 410
16 465
23 389
29 084
25 835
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
33 841
47 828
64 312
82 490
76 382
Equity
10 168
14 533
26 221
29 005
22 870
Long-term debt
10 000
0
2 500
0
0
Short-term debt
13 673
28 295
35 591
53 485
53 512
Total debt
23 673
28 295
38 091
53 485
53 512
Financial ratios
5-year trend
EBITDA margin
26.2%
This company
15.8%
Market median
+66% vs market
2021
2025
Equity ratio
29.9%
This company
38.2%
Market median
-22% vs market
2021
2025
Return on equity
113.0%
This company
18.4%
Market median
+514% vs market
2021
2025
Net profit margin
19.3%
This company
8.1%
Market median
+138% vs market
2021
2025
Asset turnover
1.75×
This company
1.12×
Market median
+56% vs market
2021
2025
Debt / equity
2.34×
This company
0.62×
Market median
-277% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on THERMOTECH AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
