What is the Org number of TORVAL AS?

TORVAL AS is registered with Brønnøysundsregistrene under Org 979893744.

What is the revenue of TORVAL AS?

TORVAL AS reported revenue of NOK 135,7M in 2024.

How many employees does TORVAL AS have?

TORVAL AS employs 108 people as of the latest annual report.

Who is the chairman of TORVAL AS?

Morten Thorvaldsen chairs the board of TORVAL AS, in role since 2022.

Where is TORVAL AS headquartered?

TORVAL AS's registered address is Stenersgata 2A, 0184 Oslo.

TORVAL AS

ASActive

Org 979893744Stenersgata 2A, 0184 OsloHotels and similar accommodation · NACE 5510Est. 1998108 employeeswww.thon.no

Full Risika report

Revenue 2024

NOK 135,7M

+7% vs 2023

EBITDA margin

-4.3%

-100% vs 2023

Equity ratio

29.3%

Financial strength

Net profit 2024

NOK -9,4M

-44% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Revenue	NOK 135,7M	+7%
EBITDA	NOK -5,8M	-100%
Net profit	NOK -9,4M	-44%
Total assets	NOK 49,3M	+23%
Equity	NOK 14,4M	+6%
Employees	108	—

Item	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Revenue	92 758	84 147	97 321	94 720	96 846	97 393	96 402	84 660	94 546	101 027	101 945	98 040	53 377	74 327	105 850	126 947	135 698
Staff expenses	−28 521	−26 591	−27 041	−27 836	−29 555	−31 264	−31 129	−26 653	−27 689	−29 052	−28 981	−30 730	−19 364	−20 244	−30 222	−37 133	−44 450
EBITDA	8 547	1 014	−4 593	−1 981	−4 749	−24 551	−10 389	−41 024	−3 051	−3 539	−10 829	−14 739	−25 280	−28 520	−10 607	−2 891	−5 783
Depreciation & amort.	−1 683	−2 160	−4 326	−4 293	−3 809	−3 873	−3 794	−3 470	−5 401	−5 388	−5 104	−5 260	−5 083	−5 174	−3 208	−4 298	−5 355
EBIT	6 864	−1 146	−8 919	−6 275	−8 557	−28 424	−14 183	−44 495	−8 451	−8 927	−15 933	−19 999	−30 363	−33 694	−13 815	−7 189	−11 139
Net financials	413	103	−709	−963	−1 199	−954	−1 143	−672	−860	−269	−264	−510	−358	−305	−1 198	−1 168	−885
Profit before tax	7 277	−1 042	−9 628	−7 238	−9 756	−29 379	−15 326	−45 167	−9 312	−9 196	−16 196	−20 509	−30 721	−33 999	−15 013	−8 358	−12 024
Tax	2 090	−232	−2 640	−1 953	−3 264	−8 107	−4 090	−12 131	−2 380	−2 147	−3 662	−4 493	−6 751	−7 479	−3 291	−1 828	−2 642
Net profit	5 187	−810	−6 988	−5 284	−6 492	−21 271	−11 237	−33 036	−6 931	−7 049	−12 535	−16 016	−23 971	−26 521	−11 722	−6 529	−9 382

Item	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total assets	21 791	30 924	34 517	38 700	31 543	48 072	39 922	78 519	39 593	38 169	42 150	48 335	46 453	50 239	63 442	39 982	49 252
Equity	3 583	5 939	4 927	10 442	9 771	9 380	9 093	12 557	13 126	13 676	13 847	14 211	10 793	10 871	13 189	13 679	14 437
Long-term debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short-term debt	18 208	24 985	29 158	28 019	21 589	38 623	30 813	65 961	26 467	24 493	28 304	34 124	35 660	39 369	50 253	26 303	34 814
Total debt	18 208	24 985	29 158	28 019	21 589	38 623	30 813	65 961	26 467	24 493	28 304	34 124	35 660	39 369	50 253	26 303	34 814

Name	Role	Member since	Age	Other directorships
MT Morten Thorvaldsen	Chairman	2022	—	—
DT Dag Tangevald-Jensen	Board of Directors	2005	—	—
BH Bengt Håkan Christian Olsson	Board of Directors	2022	—	—
KH Kjetil Halvor Smette	Board of Directors	2022	—	—
AH Annette Hofgaard	Board of Directors	2024	—	—
OT Olav Thon	Chairman	2005	—	—
GT Geir Tore Thorvaldsen	Board of Directors	2022	—	—

Shareholder	Type	Ownership	Votes	Since
Thon Hotels As	Company	100.0%	100.0%	2024

Person	Role here	Other companies
Morten Thorvaldsen	Chairman	0 companies
Dag Tangevald-Jensen	Board of Directors	0 companies
Bengt Håkan Christian Olsson	Board of Directors	0 companies
Kjetil Halvor Smette	Board of Directors	0 companies
Annette Hofgaard	Board of Directors	0 companies
Olav Thon	Chairman	0 companies
Geir Tore Thorvaldsen	Board of Directors	0 companies