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THAI MARKET AS
AS
Active
Org 995453371
Storgata 3, 1607 Fredrikstad
Restaurant activities · NACE 5611
Est. 2010
22 employees
www.thaimarket.no
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 22,9M
-15% vs 2023
EBITDA margin
-8.2%
-4% vs 2023
Equity ratio
-236.1%
Financial strength
Net profit 2024
NOK -2,3M
-4% vs 2023
EBITDA — year on year
NOK millions
1M
0M
-1M
-2M
-3M
-2M
2020
1M
+150%
2021
0M
-100%
2022
-2M
-200%
2023
-2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 22,9M
-15%
EBITDA
NOK -1,9M
-4%
Net profit
NOK -2,3M
-4%
Total assets
NOK 2,8M
-44%
Equity
NOK -6,6M
-54%
Employees
22
—
Company information
Legal name
THAI MARKET AS
Org number
995453371
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
6. mai 2010
Share capital
NOK 63 796
Employees
22 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Bar- og restaurantvirksomhet, catering, take away, samt deltakelse i andre selskaper.
Contact
Address
Storgata 3, 1607 Fredrikstad
Website
www.thaimarket.no
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Revenue
NOK millions
0M
10M
21M
31M
41M
24M
2020
36M
2021
34M
2022
27M
2023
23M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-2M
2020
1M
2021
0M
2022
-2M
2023
-2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
24 412
35 774
33 608
26 929
22 912
Staff expenses
−12 886
−16 946
−15 206
−14 092
−11 505
EBITDA
−1 512
653
393
−1 813
−1 887
Depreciation & amort.
−187
−316
−371
−422
−436
EBIT
−1 699
337
22
−2 235
−2 323
Net financials
−23
−43
−16
−4
−5
Profit before tax
−1 722
294
5
−2 239
−2 328
Tax
−0
−0
−0
−0
−0
Net profit
−1 722
294
5
−2 239
−2 328
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 614
4 428
3 309
4 995
2 796
Equity
−2 334
−2 040
−2 034
−4 273
−6 601
Long-term debt
0
0
0
6 000
6 000
Short-term debt
5 948
6 468
5 343
3 269
3 397
Total debt
5 948
6 468
5 343
9 269
9 397
Financial ratios
5-year trend
EBITDA margin
-8.2%
This company
15.8%
Market median
-152% vs market
2020
2024
Equity ratio
-236.1%
This company
38.2%
Market median
-718% vs market
2020
2024
Return on equity
-232757500.0%
This company
18.4%
Market median
-1264986513% vs market
2020
2024
Net profit margin
-10.2%
This company
8.1%
Market median
-226% vs market
2020
2024
Asset turnover
8.19×
This company
1.12×
Market median
+631% vs market
2020
2024
Debt / equity
1.42×
This company
0.62×
Market median
-129% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TA
Terje Aleksander Olsen
Chairman
2020
SC
Simen Christoffer Huse
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
T.A.O. As
Company
50%
50%
2024
Sky Holding As
Company
50%
50%
2024
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Company hierarchy
T.A.O. As
THAI MARKET AS
(this company)
Board network connections
Board members of THAI MARKET AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Aleksander Olsen
Chairman
0 companies
Simen Christoffer Huse
Board of Directors
0 companies