Loading company…
Riskpilot
← Back to search
Sign in
Get full access
TERRA HEATING AS
AS
Active
Org 977454530
Ramberg Terrasse 26, 3128 Nøtterøy
Other construction installation · NACE 4324
Est. 1997
0 employees
www.terraheating.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,4M
+48% vs 2023
EBITDA margin
4.0%
+192% vs 2023
Equity ratio
41.8%
Financial strength
Net profit 2024
NOK 79K
+85% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 3,4M
+48%
EBITDA
NOK 135K
+192%
Net profit
NOK 79K
+85%
Total assets
NOK 370K
+15%
Equity
NOK 155K
+104%
Employees
0
—
Company information
Legal name
TERRA HEATING AS
Org number
977454530
Legal form
Aksjeselskap
NACE code
4324 · Other construction installation
Founded
7. februar 1997
Share capital
—
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Tilby varme- og kjølesystemer basert på fornybar energi, samt rådgivning og tjenester knyttet til dette.
Contact
Address
Ramberg Terrasse 26, 3128 Nøtterøy
Website
www.terraheating.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Other construction installation
Companies in Færder
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2020
1M
2021
1M
2022
2M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 837
1 236
1 402
2 267
3 351
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−149
193
42
46
135
Depreciation & amort.
−22
−0
−0
−2
−34
EBIT
−170
193
42
44
102
Net financials
−1
−1
−1
−1
−0
Profit before tax
−172
192
41
43
102
Tax
−0
−35
−0
0
22
Net profit
−172
227
41
43
79
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
88
46
135
322
370
Equity
−235
−8
33
76
155
Long-term debt
208
0
0
0
150
Short-term debt
115
54
102
246
66
Total debt
323
54
102
246
216
Financial ratios
5-year trend
EBITDA margin
4.0%
This company
15.8%
Market median
-75% vs market
2020
2024
Equity ratio
41.8%
This company
38.2%
Market median
+9% vs market
2020
2024
Return on equity
51.1%
This company
18.4%
Market median
+178% vs market
2020
2024
Net profit margin
2.4%
This company
8.1%
Market median
-70% vs market
2020
2024
Asset turnover
9.05×
This company
1.12×
Market median
+708% vs market
2020
2024
Debt / equity
1.39×
This company
0.62×
Market median
-124% 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)
MR
Monica Rønning Molvig
Deputy Member
Deputy Member
2006
GE
Geir Espen Molvig
Chief Executive Officer
Chief Executive Officer
2006
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TERRA HEATING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Monica Rønning Molvig
Deputy Member
0 companies
Geir Espen Molvig
Chief Executive Officer
0 companies