Riskpilot← Back to searchSign inGet full accessTIMBER AS
ASActiveOrg 980473570Undrumveien 35B, 3157 BarkåkerConstruction of residential and non-residential buildings · NACE 4100Est. 19997 employeeswww.timber.no
Revenue 2024
NOK 11,5M
-5% vs 2023
EBITDA margin
7.1%
-69% vs 2023
Equity ratio
59.4%
Financial strength
Net profit 2024
NOK 705K
-73% vs 2023
| Revenue | NOK 11,5M | -5% |
| EBITDA | NOK 813K | -69% |
| Net profit | NOK 705K | -73% |
| Total assets | NOK 4,8M | +34% |
| Equity | NOK 2,8M | +33% |
| Employees | 7 | — |
Legal name
TIMBER AS
Org number
980473570
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
20. januar 1999
Share capital
NOK 458 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Undrumveien 35B, 3157 Barkåker
Website
www.timber.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 12 414 | 11 479 | 8 765 | 12 066 | 11 489 |
| Staff expenses | −6 014 | −5 131 | −3 948 | −3 642 | −4 059 |
| EBITDA | −991 | −1 272 | −212 | 2 626 | 813 |
| Depreciation & amort. | −68 | −47 | −37 | −21 | −102 |
| EBIT | −1 059 | −1 319 | −249 | 2 604 | 711 |
| Net financials | −0 | −6 | −15 | −10 | 0 |
| Profit before tax | −1 060 | −1 325 | −264 | 2 595 | 711 |
| Tax | −27 | −0 | −0 | −0 | 7 |
| Net profit | −1 032 | −1 325 | −264 | 2 595 | 705 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 4 110 | 2 368 | 1 585 | 3 552 | 4 763 |
| Equity | 1 121 | −204 | −468 | 2 126 | 2 831 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 2 989 | 2 573 | 2 053 | 1 426 | 1 932 |
| Total debt | 2 989 | 2 573 | 2 053 | 1 426 | 1 932 |
EBITDA margin
7.1%
This company
15.8%
Market median
-55% vs market
20202024
Equity ratio
59.4%
This company
38.2%
Market median
+55% vs market
20202024
Return on equity
24.9%
This company
18.4%
Market median
+35% vs market
20202024
Net profit margin
6.1%
This company
8.1%
Market median
-25% vs market
20202024
Asset turnover
2.41×
This company
1.12×
Market median
+115% vs market
20202024
Debt / equity
0.68×
This company
0.62×
Market median
+10% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Former (1) | ||
PT Chief Executive Officer | Chief Executive Officer | 2019 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2025 | |
| Former (3) | ||
| Board of Directors | 2022 – 2022 | |
| Chairman | 2022 – 2025 | |
| Board of Directors | 2022 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 66.81% | 66.81% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Vestfold Konsernet As
TIMBER AS Board members of TIMBER AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Petter Tande Sem | Chief Executive Officer | 0 companies |
| Øystein Riksfjord | Board of Directors | 0 companies |
| Thomas Elvebø Edland | Chairman | 0 companies |
| Kristian Elvebø Edland | Chairman | 0 companies |
| Ole Brien | Board of Directors | 0 companies |