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TJORVEN AS
AS
Active
Org 974541491
Valkyriegata 17A, 0366 Oslo
Retail sale of textiles · NACE 4751
Est. 1995
18 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 13,8M
+8% vs 2023
EBITDA margin
7.1%
+143% vs 2023
Equity ratio
62.4%
Financial strength
Net profit 2024
NOK 565K
+376% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 13,8M
+8%
EBITDA
NOK 983K
+143%
Net profit
NOK 565K
+376%
Total assets
NOK 5M
+15%
Equity
NOK 3,1M
+22%
Employees
18
—
Company information
Legal name
TJORVEN AS
Org number
974541491
Legal form
Aksjeselskap
NACE code
4751 · Retail sale of textiles
Founded
8. juni 1995
Share capital
—
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Valkyriegata 17A, 0366 Oslo
Phone
+4722693360
Email
post@tjorven.no
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Revenue
NOK millions
0M
4M
8M
12M
16M
11M
2020
10M
2021
11M
2022
13M
2023
14M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
11 181
9 989
11 026
12 717
13 787
Staff expenses
−3 399
−3 392
−3 606
−3 940
−4 080
EBITDA
478
228
451
404
983
Depreciation & amort.
−1
−92
−181
−218
−220
EBIT
477
136
270
186
763
Net financials
−2
−22
−64
−22
−25
Profit before tax
475
114
206
164
738
Tax
62
19
27
45
173
Net profit
413
95
179
119
565
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 422
4 245
3 713
4 356
5 002
Equity
2 162
2 257
2 436
2 554
3 120
Long-term debt
0
707
2
0
0
Short-term debt
1 260
1 282
1 276
1 801
1 882
Total debt
1 260
1 988
1 278
1 801
1 882
Financial ratios
5-year trend
EBITDA margin
7.1%
This company
15.8%
Market median
-55% vs market
2020
2024
Equity ratio
62.4%
This company
38.2%
Market median
+63% vs market
2020
2024
Return on equity
18.1%
This company
18.4%
Market median
+2% vs market
2020
2024
Net profit margin
4.1%
This company
8.1%
Market median
-49% vs market
2020
2024
Asset turnover
2.76×
This company
1.12×
Market median
+146% vs market
2020
2024
Debt / equity
0.60×
This company
0.62×
Market median
+3% 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)
EØ
Emily Østby
Chief Executive Officer
Chief Executive Officer
2017
KA
Kent Alexander Østby
Deputy Member
Deputy Member
2014
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AØ
Anne-Cathrine Østby
Chairman
2014
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Terje Rendahl
Individual
10%
10%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TJORVEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Emily Østby
Chief Executive Officer
0 companies
Kent Alexander Østby
Deputy Member
0 companies
Anne-Cathrine Østby
Chairman
0 companies