Riskpilot← Back to searchSign inGet full accessNORSK TITANIUM AS
ASActiveOrg 991457429Karenslyst Allé 9C, 0278 OsloManufacture of other fabricated metal products n.e.c. · NACE 2599Est. 200755 employees
Revenue 2024
NOK 44,9M
+59% vs 2023
EBITDA margin
-253.3%
0% vs 2023
Equity ratio
95.9%
Financial strength
Net profit 2024
NOK 308,1M
+159% vs 2023
| Revenue | NOK 44,9M | +59% |
| EBITDA | NOK -113,7M | +0% |
| Net profit | NOK 308,1M | +159% |
| Total assets | NOK 1,3B | +216% |
| Equity | NOK 1,2B | +337% |
| Employees | 55 | — |
Legal name
NORSK TITANIUM AS
Org number
991457429
Legal form
Aksjeselskap
NACE code
2599 · Manufacture of other fabricated metal products n.e.c.
Founded
20. juli 2007
Share capital
NOK 82 357 669
Employees
55 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikle teknologi for produksjon av titan og andre metaller, samt øvrig virksomhet som står i forbindelse hermed.
Address
Karenslyst Allé 9C, 0278 Oslo
Phone
+4797422200
Email
post@norsktitanium.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 | 27 781 | 30 347 | 31 990 | 28 290 | 44 886 |
| Staff expenses | −55 739 | −52 944 | −65 243 | −76 208 | −82 371 |
| EBITDA | −147 310 | −70 939 | −83 853 | −113 820 | −113 681 |
| Depreciation & amort. | −15 740 | −19 605 | −18 761 | −13 824 | −13 235 |
| EBIT | −163 050 | −90 544 | −102 614 | −127 644 | −126 916 |
| Net financials | 3 672 | 117 248 | −468 642 | −394 073 | 435 059 |
| Profit before tax | −159 378 | 26 704 | −571 256 | −521 717 | 308 143 |
| Tax | 905 | −0 | −0 | −0 | −0 |
| Net profit | −160 283 | 26 704 | −571 256 | −521 717 | 308 143 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 859 046 | 1 256 281 | 759 377 | 405 592 | 1 282 440 |
| Equity | 33 342 | 1 212 185 | 715 024 | 281 265 | 1 229 281 |
| Long-term debt | 11 086 | 9 050 | 8 980 | 1 258 | 788 |
| Short-term debt | 814 618 | 35 046 | 35 373 | 123 069 | 52 371 |
| Total debt | 825 704 | 44 096 | 44 353 | 124 327 | 53 159 |
EBITDA margin
-253.3%
This company
15.8%
Market median
-1703% vs market
20202024
Equity ratio
95.9%
This company
38.2%
Market median
+151% vs market
20202024
Return on equity
25.1%
This company
18.4%
Market median
+36% vs market
20202024
Net profit margin
686.5%
This company
8.1%
Market median
+8375% vs market
20202024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
0.04×
This company
0.62×
Market median
+94% 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
| Board of Directors | 2024 | |
| Board of Directors | 2022 | |
| Board of Directors | 2025 | |
| Board of Directors | 2023 | |
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Former (4) | ||
| Board of Directors | 2022 – 2023 | |
| Chairman | 2025 – 2025 | |
| Board of Directors | 2022 – 2024 | |
| Board of Directors | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Clearstream Banking S.A. | Company | 21.46% | 21.46% | 2024 |
| Individual | 20.3% | 20.3% | 2022 | |
| Company | 16.62% | 16.62% | 2024 | |
Citibank (Switzerland) Ag | Company | 7.92% | 7.92% | 2024 |
| Individual | 7.24% | 7.24% | 2022 | |
Norsk Titanium Cayman Limited | Company | 4.22% | 4.22% | 2024 |
Goldman Sachs & Co. Llc | Company | 3.97% | 3.97% | 2024 |
| Company | 3.02% | 3.02% | 2024 | |
| Company | 2.65% | 2.65% | 2024 | |
| Company | 2.22% | 2.22% | 2024 | |
| Company | 1.94% | 1.94% | 2024 | |
| Company | 1.62% | 1.62% | 2024 | |
| Individual | 1.16% | 1.16% | 2022 | |
| Company | 1.04% | 1.04% | 2024 | |
| Company | 1.01% | 1.01% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
NORSK TITANIUM AS 
NTI MH ASBoard members of NORSK TITANIUM AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jeremy Francis Barnes | Board of Directors | 0 companies |
| John Andersen | Chairman | 0 companies |
| Tarek Sherif Ahmed Abbas Hegazy | Board of Directors | 0 companies |
| Mimi Kristine Berdal | Board of Directors | 0 companies |
| Bart Cornelus Gerardus Van Aalst | Board of Directors | 0 companies |
| Nicole Clement | Board of Directors | 0 companies |
| Steve Demetrios Geskos | Board of Directors | 0 companies |
| Shan-E-Abbas Ashary | Board of Directors | 0 companies |
| John Andersen | Chairman | 0 companies |
| Bettina Weber | Board of Directors | 0 companies |