Liquidity
Weak0.3
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
LTBT AS
Org. no. 923 488 103 · Private limited company (AS) · Active · Eivindstadveien 236, 4820, FROLAND · FROLAND · 41.000 – Construction of buildings
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 12 September 2019
- Municipality
- FROLAND
- Industry code
- 41.000
LTBT AS is a private limited company (as) registered in FROLAND since 2019. The organisation number is 923 488 103. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 04:08
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Weak-5.2 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Weak-64.7 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 1.8 m NOK
- -13.5 % vs. the year before
- Net result
- -107 k NOK
- Fiscal year 2025
- Equity
- -291 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 12 September 2019
- Place
- FROLAND
- Industry
- Construction of buildings
- 41.000
- Public contracts
- –
- Roles
- 1
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
31
av 100
High risk
⚠ Negative equity
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 923 488 103
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 30 September 2019
- Date of incorporation
- 12 September 2019
- Number of employees
- Not stated
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Eivindstadveien 2364820 FROLANDFROLAND municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 41.000
Construction of buildings(main industry)
F Construction › 41 Construction of buildings › 41.0 Construction of buildings › 41.00 Construction of buildings
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Bygging av fullstendige bolig- eller næringsbygg, samt tilbygging, påbygging og ombygging. Det er mulig å sette bort deler av eller hele byggeprosessen til underentreprenør. Hvis bare spesialiserte deler av byggeprosessen blir utført, klassifiseres aktiviteten i næring 43. Oppføring av alle typer bygninger; boligbygg, bygninger for industriproduksjon, f.eks. fabrikker og verksteder, sykehus, skoler og kontorbygninger, hoteller, butikker, kjøpesentre og restauranter, bygninger på flyplasser, innendørs idrettsanlegg, parkeringshus, herunder underjordiske parkeringshus, lagerbygninger, religiøse bygninger. Oppføring av prefabrikkerte bygninger som krever montering på stedet. Omfatter også: Fullstendig ombygging eller renovering av eksisterende bolig- eller næringsbygg som krever flere spesialiserte byggeaktiviteter. Bygging av bygg som holdes oppe av lufttrykk, f.eks. luftkupler (air domes). Ekskluderer: Bygging av industrianlegg, bortsett fra bygninger, grupperes under 42.99 Bygging av andre anlegg ikke nevnt annet sted. Utvikling av byggeprosjekter grupperes under 68.12 Utvikling og salg av byggeprosjekter. Arkitekt- og ingeniøraktiviteter grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet. Prosjektledelse for byggevirksomhet grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Oppføring og rehabilitering av bygg og andre produkter/tjenester som naturlig hører sammen med dette, herunder å delta i andre selskap med lignende virksomhet, og kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0.3
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Weak-5.2 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Weak-64.7 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 1,817,189 | 2,100,262 | 1,988,077 | |
| Operating profit | -93,650 | 211,631 | -424,624 | |
| Profit before tax | -136,607 | 105,420 | -455,987 | |
| Net result | -106,706 | 81,391 | -356,123 | |
| Total assets | 449,100 | 624,922 | 595,652 | |
| Equity | -290,587 | -183,881 | -265,272 | |
| Liabilities | 739,687 | 808,803 | 860,924 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 1,817,189 NOK
- Net result 2025
- -106,706 NOK
- Revenue growth
- -13.5 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,817,189 NOK |
|---|---|
| Total operating expenses | 1,910,839 NOK |
| Operating profit | -93,650 NOK |
| Total financial income | 10,627 NOK |
| Total financial expenses | 53,584 NOK |
| Net financial items | -42,957 NOK |
| Profit before tax | -136,607 NOK |
| Net result | -106,706 NOK |
Assets
| Total fixed assets | 224,873 NOK |
|---|---|
| Total current assets | 224,227 NOK |
| Total assets | 449,100 NOK |
Equity and liabilities
| Paid-in equity | 18,700 NOK |
|---|---|
| Retained earnings | -309,287 NOK |
| Total equity | -290,587 NOK |
| Current liabilities | 739,687 NOK |
| Total debt | 739,687 NOK |
| Total equity and liabilities | 449,100 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 2,100,262 NOK |
|---|---|
| Total operating expenses | 1,888,631 NOK |
| Operating profit | 211,631 NOK |
| Total financial income | 8 NOK |
| Total financial expenses | 106,218 NOK |
| Net financial items | -106,210 NOK |
| Profit before tax | 105,420 NOK |
| Net result | 81,391 NOK |
Assets
| Total fixed assets | 199,872 NOK |
|---|---|
| Total current assets | 425,050 NOK |
| Total assets | 624,922 NOK |
Equity and liabilities
| Paid-in equity | 18,700 NOK |
|---|---|
| Retained earnings | -202,581 NOK |
| Total equity | -183,881 NOK |
| Current liabilities | 808,803 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 808,803 NOK |
| Total equity and liabilities | 624,922 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,988,077 NOK |
|---|---|
| Total operating expenses | 2,412,701 NOK |
| Operating profit | -424,624 NOK |
| Total financial income | 875 NOK |
| Total financial expenses | 32,238 NOK |
| Net financial items | -31,363 NOK |
| Profit before tax | -455,987 NOK |
| Net result | -356,123 NOK |
Assets
| Total fixed assets | 302,101 NOK |
|---|---|
| Total current assets | 293,551 NOK |
| Total assets | 595,652 NOK |
Equity and liabilities
| Paid-in equity | 18,700 NOK |
|---|---|
| Retained earnings | -283,972 NOK |
| Total equity | -265,272 NOK |
| Current liabilities | 860,924 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 860,924 NOK |
| Total equity and liabilities | 595,652 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | -13.5 % | 5.6 % | – |
| Operating marginOperating profit divided by total operating revenue. | -5.2 % | 10.1 % | -21.4 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | -7.5 % | 5 % | -22.9 % |
| Equity ratioTotal equity divided by total assets. | -64.7 % | -29.4 % | -44.5 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.3 | 0.53 | 0.34 |
| Debt ratioTotal liabilities divided by total equity. | -2.55 | -4.4 | -3.25 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | -18.5 % | 33.9 % | -71.1 % |
| Return on equityNet profit divided by total equity. | 36.7 % | -44.3 % | 134.2 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
- 2025, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
- 2024, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
- 2023, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
Roles and owners
Registry data
Roles
Board
- Chair of the boardSkaisté Vinslauskaité
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
LTBT AS
LTBT AS
FROLAND
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| LTBT ASConstruction of buildings | 923 548 939 | FROLAND | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 04:08
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 04:08
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 04:08
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 04:08
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 04:08
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 04:08
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources