Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Tormax Norge AS
AS
Active
Org 982818990
Haavard Martinsens Vei 36, 0978
Oslo
Manufacture of other electrical equipment
·
NACE 2790
Est. 2001 · 25 years old
11 employees
www.tormax.no
Monitor
Share
Norway
/
Companies
/
Manufacture of other electrical equipment
/
Tormax Norge AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
45M
34M
22M
11M
0M
2020: 24M
24M
2020
2021: 31M (+29% vs 2020)
31M
+29%
2021
2022: 28M (-10% vs 2021)
28M
-10%
2022
2023: 33M (+18% vs 2022)
33M
+18%
2023
2024: 36M (+9% vs 2023)
36M
+9%
2024
EBITDA
NOK millions
4M
3M
2M
1M
0M
2020: 0M
0M
2020
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 3M (+200% vs 2022)
3M
+200%
2023
2024: 3M (0% vs 2023)
3M
0%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
35 695
33 344
27 603
31 356
23 791
Staff expenses
−11 956
−10 537
−10 119
−10 277
−8 917
EBITDA
2 984
2 537
1 088
1 073
462
Depreciation & amort.
−1 181
−864
−899
−950
−782
EBIT
1 802
1 672
189
123
−320
Net financials
−724
−619
−706
−547
−866
Profit before tax
1 078
1 054
−517
−424
−1 187
Tax
−0
−0
−0
−0
−0
Net profit
1 078
1 054
−517
−424
−1 187
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
23 164
22 568
18 645
19 372
17 384
Equity
−20 290
−21 368
−22 422
−21 905
−21 481
Long-term debt
24 246
24 246
24 246
24 246
24 246
Short-term debt
19 208
19 690
16 820
17 030
14 618
Total debt
43 454
43 936
41 067
41 277
38 865
Financial ratios
5-year trend
EBITDA margin
8,4 %
This company
15,8 %
Market median
This company
Market median
47% below market
2020
2024
Equity ratio
−87,6 %
This company
38,2 %
Market median
This company
Market median
329% below market
2020
2024
Return on equity
—
This company
18,4 %
Market median
This company
Market median
2020
2024
Net profit margin
3,0 %
This company
8,1 %
Market median
This company
Market median
63% below market
2020
2024
Asset turnover
1,54×
This company
1,12×
Market median
This company
Market median
37% above market
2020
2024
Debt / equity
—
This company
0,62×
Market median
This company
Market median
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
More on Tormax Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
