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Thorvaldsen Eiendomsutvikling AS
AS
Active
Org 989683950
Løxaveien 15, 1351
Rud
Development of building projects
·
NACE 6812
Est. 2006 · 20 years old
1 employees
Monitor
Share
Norway
/
Companies
/
Development of building projects
/
Thorvaldsen Eiendomsutvikling AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
54M
40M
27M
13M
0M
2021: 39M
39M
2021
2022: 40M (+3% vs 2021)
40M
+3%
2022
2023: 43M (+8% vs 2022)
43M
+8%
2023
2024: 29M (-33% vs 2023)
29M
-33%
2024
2025: 25M (-14% vs 2024)
25M
-14%
2025
EBITDA
NOK millions
10M
6M
3M
0M
-4M
2021: 5M
5M
2021
2022: 3M (-40% vs 2021)
3M
-40%
2022
2023: 7M (+133% vs 2022)
7M
+133%
2023
2024: 2M (-71% vs 2023)
2M
-71%
2024
2025: -1M (-150% vs 2024)
-1M
-150%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
24 749
29 342
43 017
39 894
39 453
Staff expenses
−828
−1 156
−1 269
−802
−737
EBITDA
−1 027
2 205
6 902
3 118
4 872
Depreciation & amort.
−152
−179
−233
−108
259
EBIT
−1 179
2 026
6 668
3 010
5 131
Net financials
−1 214
−2 342
−1 149
−733
−680
Profit before tax
−2 393
−316
5 519
2 277
4 451
Tax
−504
−67
1 217
511
988
Net profit
−1 889
−249
4 302
1 766
3 463
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
54 734
69 529
115 291
84 750
85 682
Equity
43 003
44 892
46 341
47 040
45 273
Long-term debt
10 500
18 598
1 336
118
825
Short-term debt
1 231
6 039
67 614
37 592
39 584
Total debt
11 731
24 637
68 950
37 710
40 409
Financial ratios
5-year trend
EBITDA margin
−4,1 %
This company
15,8 %
Market median
This company
Market median
126% below market
2021
2025
Equity ratio
78,6 %
This company
38,2 %
Market median
This company
Market median
106% above market
2021
2025
Return on equity
−4,4 %
This company
18,4 %
Market median
This company
Market median
124% below market
2021
2025
Net profit margin
−7,6 %
This company
8,1 %
Market median
This company
Market median
194% below market
2021
2025
Asset turnover
0,45×
This company
1,12×
Market median
This company
Market median
60% below market
2021
2025
Debt / equity
0,27×
This company
0,62×
Market median
This company
Market median
56% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Thorvaldsen Eiendomsutvikling AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
