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HØILAND & TVEIT AS
AS
Active
Org 996052249
Industriveien 9A, 4331 Ålgård
Construction of other civil engineering projects n.e.c. · NACE 4299
Est. 2010
14 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 29M
-27% vs 2023
EBITDA margin
9.5%
-38% vs 2023
Equity ratio
74.2%
Financial strength
Net profit 2024
NOK 2,1M
-40% vs 2023
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
5M
2020
1M
-80%
2021
2M
+100%
2022
4M
+100%
2023
3M
-25%
2024
Key figures
Annual report 2024
Revenue
NOK 29M
-27%
EBITDA
NOK 2,8M
-38%
Net profit
NOK 2,1M
-40%
Total assets
NOK 31,2M
+10%
Equity
NOK 23,1M
+10%
Employees
14
—
Company information
Legal name
HØILAND & TVEIT AS
Org number
996052249
Legal form
Aksjeselskap
NACE code
4299 · Construction of other civil engineering projects n.e.c.
Founded
13. oktober 2010
Share capital
NOK 500 000
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Betongarbeid og alt hva inngår under dette.
Contact
Address
Industriveien 9A, 4331 Ålgård
Phone
+4745035449
Email
post@htbetong.no
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Revenue
NOK millions
0M
15M
30M
46M
61M
40M
2020
37M
2021
53M
2022
40M
2023
29M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
5M
2020
1M
2021
2M
2022
4M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
40 389
37 136
53 459
39 941
29 030
Staff expenses
−8 567
−10 392
−12 474
−12 263
−10 523
EBITDA
5 014
668
1 554
4 452
2 752
Depreciation & amort.
−320
−319
−292
−238
−366
EBIT
4 693
349
1 263
4 214
2 386
Net financials
183
−68
125
229
284
Profit before tax
4 876
281
1 387
4 443
2 670
Tax
884
240
283
958
582
Net profit
3 992
41
1 105
3 485
2 088
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
23 262
21 737
27 603
28 347
31 185
Equity
16 409
16 450
17 554
21 039
23 127
Long-term debt
0
0
0
0
58
Short-term debt
6 853
5 287
10 049
7 309
8 000
Total debt
6 853
5 287
10 049
7 309
8 058
Financial ratios
5-year trend
EBITDA margin
9.5%
This company
15.8%
Market median
-40% vs market
2020
2024
Equity ratio
74.2%
This company
38.2%
Market median
+94% vs market
2020
2024
Return on equity
9.0%
This company
18.4%
Market median
-51% vs market
2020
2024
Net profit margin
7.2%
This company
8.1%
Market median
-11% vs market
2020
2024
Asset turnover
0.93×
This company
1.12×
Market median
+17% vs market
2020
2024
Debt / equity
0.35×
This company
0.62×
Market median
+44% 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 (2)
SV
Stig Vold
Deputy Member
Deputy Member
2010
HT
Halvor Tveit
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HC
Hans Christian Høiland
Chairman
2010
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Høiland & Tveit Holding As
Company
100%
100%
2023
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Company hierarchy
Høiland & Tveit Holding As
HØILAND & TVEIT AS
(this company)
Board network connections
Board members of HØILAND & TVEIT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stig Vold
Deputy Member
0 companies
Halvor Tveit
Chief Executive Officer
0 companies
Hans Christian Høiland
Chairman
0 companies