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LUBETECH AS
AS
Active
Org 991144269
Varabergmyra 10, 4051 Sola
Wholesale of chemical products · NACE 4685
Est. 2007
6 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 43,6M
+11% vs 2023
EBITDA margin
10.0%
+29% vs 2023
Equity ratio
61.4%
Financial strength
Net profit 2024
NOK 3,4M
+31% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
4M
2020
3M
-25%
2021
3M
0%
2022
3M
0%
2023
4M
+33%
2024
Key figures
Annual report 2024
Revenue
NOK 43,6M
+11%
EBITDA
NOK 4,4M
+29%
Net profit
NOK 3,4M
+31%
Total assets
NOK 16,3M
+15%
Equity
NOK 10M
+50%
Employees
6
—
Company information
Legal name
LUBETECH AS
Org number
991144269
Legal form
Aksjeselskap
NACE code
4685 · Wholesale of chemical products
Founded
24. april 2007
Share capital
NOK 250 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Import, salg og distribusjon av smøreoljer, kjemikalier, industrirekvisita, maling og tilhørende produkter.
Contact
Address
Varabergmyra 10, 4051 Sola
Phone
+4740646900
Email
post@lubetech.no
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Companies in Wholesale of chemical products
Companies in Sola
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Revenue
NOK millions
0M
13M
25M
38M
51M
31M
2020
30M
2021
34M
2022
39M
2023
44M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
4M
2020
3M
2021
3M
2022
3M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
31 013
30 115
34 477
39 380
43 600
Staff expenses
−2 762
−2 656
−3 349
−3 277
−3 476
EBITDA
3 521
3 491
2 714
3 385
4 380
Depreciation & amort.
−38
−47
−21
−14
−16
EBIT
3 482
3 444
2 693
3 371
4 364
Net financials
−108
−55
−85
−80
−66
Profit before tax
3 374
3 390
2 608
3 291
4 298
Tax
746
749
575
730
946
Net profit
2 628
2 641
2 033
2 561
3 352
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 685
9 241
11 231
14 218
16 337
Equity
1 945
3 085
5 119
6 679
10 031
Long-term debt
0
0
0
0
0
Short-term debt
4 740
6 155
6 113
7 538
6 306
Total debt
4 740
6 155
6 113
7 538
6 306
Financial ratios
5-year trend
EBITDA margin
10.0%
This company
15.8%
Market median
-37% vs market
2020
2024
Equity ratio
61.4%
This company
38.2%
Market median
+61% vs market
2020
2024
Return on equity
33.4%
This company
18.4%
Market median
+82% vs market
2020
2024
Net profit margin
7.7%
This company
8.1%
Market median
-5% vs market
2020
2024
Asset turnover
2.67×
This company
1.12×
Market median
+138% vs market
2020
2024
Debt / equity
0.63×
This company
0.62×
Market median
+2% 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)
TT
Thor Thorsen
Chief Executive Officer
Chief Executive Officer
2007
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AH
Arve Håland
Chairman
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Workshop Service As
Company
50%
50%
2024
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Company hierarchy
Workshop Service As
LUBETECH AS
(this company)
Board network connections
Board members of LUBETECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Thor Thorsen
Chief Executive Officer
0 companies
Arve Håland
Chairman
0 companies