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THORE TVETENE AS
AS
Active
Org 977529484
Brunlanesveien 1356, 3296 Nevlunghavn
Remediation activities and other waste management service activities · NACE 3900
Est. 1997
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 1,4M
+34% vs 2019
EBITDA margin
52.4%
+1038% vs 2019
Equity ratio
32.9%
Financial strength
Net profit 2020
NOK 560K
+725% vs 2019
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2016
0M
0%
2017
1M
+100%
2018
0M
-100%
2019
1M
+100%
2020
Key figures
Annual report 2020
Revenue
NOK 1,4M
+34%
EBITDA
NOK 724K
+1038%
Net profit
NOK 560K
+725%
Total assets
NOK 2M
+53%
Equity
NOK 654K
-40%
Employees
0
—
Company information
Legal name
THORE TVETENE AS
Org number
977529484
Legal form
Aksjeselskap
NACE code
3900 · Remediation activities and other waste management service activities
Founded
30. april 1997
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Contact
Address
Brunlanesveien 1356, 3296 Nevlunghavn
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Companies in Remediation activities and other waste management service activities
Companies in Larvik
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2016
2M
2017
3M
2018
1M
2019
1M
2020
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2016
0M
2017
1M
2018
0M
2019
1M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
1 714
2 054
2 959
1 029
1 381
Staff expenses
−966
−911
−911
−443
−240
EBITDA
10
76
770
−77
724
Depreciation & amort.
−24
−23
−35
−46
−6
EBIT
−15
53
735
−123
718
Net financials
8
11
10
9
2
Profit before tax
−7
64
746
−114
721
Tax
5
19
175
−25
161
Net profit
−12
45
571
−90
560
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
1 046
1 049
1 651
1 296
1 985
Equity
568
612
1 183
1 094
654
Long-term debt
186
53
74
0
0
Short-term debt
292
383
394
203
1 331
Total debt
478
436
468
203
1 331
Financial ratios
5-year trend
EBITDA margin
52.4%
This company
15.8%
Market median
+232% vs market
2016
2020
Equity ratio
32.9%
This company
38.2%
Market median
+14% vs market
2016
2020
Return on equity
85.7%
This company
18.4%
Market median
+366% vs market
2016
2020
Net profit margin
40.6%
This company
8.1%
Market median
+401% vs market
2016
2020
Asset turnover
0.70×
This company
1.12×
Market median
-38% vs market
2016
2020
Debt / equity
2.04×
This company
0.62×
Market median
-229% vs market
2016
2020
Annual reports & filings
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
ET
Elisabeth Tvetene
Deputy Member
Deputy Member
2012
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TT
Thore Tvetene
Chairman
2012
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 THORE TVETENE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Elisabeth Tvetene
Deputy Member
0 companies
Thore Tvetene
Chairman
0 companies