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TILSETH AS
AS
Active
Org 979579330
Furene, 6105 Volda
Landscape service activities · NACE 8130
Est. 1998
6 employees
www.tilseth-anlegg.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 23,1M
+199% vs 2023
EBITDA margin
16.5%
+549% vs 2023
Equity ratio
39.6%
Financial strength
Net profit 2024
NOK 2,7M
+1893% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
1M
2020
2M
+100%
2021
3M
+50%
2022
1M
-67%
2023
4M
+300%
2024
Key figures
Annual report 2024
Revenue
NOK 23,1M
+199%
EBITDA
NOK 3,8M
+549%
Net profit
NOK 2,7M
+1893%
Total assets
NOK 10,2M
+94%
Equity
NOK 4M
+20%
Employees
6
—
Company information
Legal name
TILSETH AS
Org number
979579330
Legal form
Aksjeselskap
NACE code
8130 · Landscape service activities
Founded
2. januar 1998
Share capital
NOK 240 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Dagleg leiar åleine.
Contact
Address
Furene, 6105 Volda
Website
www.tilseth-anlegg.no
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Companies in Landscape service activities
Companies in Volda
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Revenue
NOK millions
0M
7M
13M
20M
26M
13M
2020
14M
2021
13M
2022
8M
2023
23M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
1M
2020
2M
2021
3M
2022
1M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
13 148
13 797
13 395
7 729
23 095
Staff expenses
−3 088
−4 384
−4 184
−3 471
−2 709
EBITDA
1 283
2 345
2 921
587
3 807
Depreciation & amort.
−51
−134
−229
−377
−371
EBIT
1 231
2 211
2 692
209
3 436
Net financials
−9
−16
−13
−35
6
Profit before tax
1 223
2 195
2 679
174
3 442
Tax
270
483
592
39
758
Net profit
953
1 711
2 088
135
2 684
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 829
4 796
6 957
5 248
10 172
Equity
1 707
2 468
4 056
3 340
4 024
Long-term debt
705
0
458
396
306
Short-term debt
2 417
2 328
2 443
1 511
5 841
Total debt
3 122
2 328
2 901
1 907
6 148
Financial ratios
5-year trend
EBITDA margin
16.5%
This company
15.8%
Market median
+4% vs market
2020
2024
Equity ratio
39.6%
This company
38.2%
Market median
+4% vs market
2020
2024
Return on equity
66.7%
This company
18.4%
Market median
+263% vs market
2020
2024
Net profit margin
11.6%
This company
8.1%
Market median
+43% vs market
2020
2024
Asset turnover
2.27×
This company
1.12×
Market median
+103% vs market
2020
2024
Debt / equity
1.53×
This company
0.62×
Market median
-147% 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)
TL
Trude Lid Tilseth
Deputy Member
Deputy Member
2023
Former (1)
AT
Anita Tilseth
Deputy Member
Deputy Member
2018 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EJ
Erik Jostein Tilseth
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Tilseth Holding As
Company
100%
100%
2024
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Company hierarchy
Tilseth Holding As
TILSETH AS
(this company)
Board network connections
Board members of TILSETH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Trude Lid Tilseth
Deputy Member
0 companies
Anita Tilseth
Deputy Member
0 companies
Erik Jostein Tilseth
Chairman
0 companies