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TINGVOLL RØR AS
AS
Active
Org 980866998
Sanden 53, 6630 Tingvoll
Rørleggerarbeid · NACE 43221
Est. 1999
7 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,3M
-2% vs 2023
EBITDA margin
8.0%
+435% vs 2023
Equity ratio
62.7%
Financial strength
Net profit 2024
NOK 754K
+310% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
0M
-100%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 10,3M
-2%
EBITDA
NOK 822K
+435%
Net profit
NOK 754K
+310%
Total assets
NOK 3,7M
+7%
Equity
NOK 2,3M
+49%
Employees
7
—
Company information
Legal name
TINGVOLL RØR AS
Org number
980866998
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
31. mars 1999
Share capital
—
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Sanden 53, 6630 Tingvoll
Phone
+4771531418
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Companies in Rørleggerarbeid
Companies in Tingvoll
All Norway companies
Revenue
NOK millions
0M
4M
8M
12M
16M
7M
2020
14M
2021
11M
2022
10M
2023
10M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 687
13 977
11 428
10 492
10 306
Staff expenses
−3 291
−4 060
−4 553
−3 691
−4 522
EBITDA
−428
1 350
−216
−246
822
Depreciation & amort.
−21
−23
−76
−108
−60
EBIT
−449
1 327
−292
−354
763
Net financials
11
11
10
−5
24
Profit before tax
−438
1 338
−282
−359
786
Tax
−0
102
96
−0
32
Net profit
−438
1 236
−378
−359
754
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 517
4 562
3 802
3 424
3 669
Equity
1 050
2 286
1 908
1 549
2 302
Long-term debt
0
0
0
0
0
Short-term debt
1 467
2 276
1 894
1 876
1 367
Total debt
1 467
2 276
1 894
1 876
1 367
Financial ratios
5-year trend
EBITDA margin
8.0%
This company
15.8%
Market median
-49% vs market
2020
2024
Equity ratio
62.7%
This company
38.2%
Market median
+64% vs market
2020
2024
Return on equity
32.7%
This company
18.4%
Market median
+78% vs market
2020
2024
Net profit margin
7.3%
This company
8.1%
Market median
-10% vs market
2020
2024
Asset turnover
2.81×
This company
1.12×
Market median
+151% vs market
2020
2024
Debt / equity
0.59×
This company
0.62×
Market median
+5% 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)
HM
Helge Meisingset
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AJ
Alf Jostein Ulset
Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Roger Andrè Vangen
Individual
12%
12%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TINGVOLL RØR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Helge Meisingset
Chief Executive Officer
0 companies
Alf Jostein Ulset
Chairman
0 companies