Liquidity
Strong1.93
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.
TEAMTEC AS
Org. no. 974 388 472 · Private limited company (AS) · Active · Nyvei 41, 4900, TVEDESTRAND · TVEDESTRAND · 28.210 – Manufacture of ovens, furnaces and furnace burners
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 90
- Established
- 27 March 1995
- Municipality
- TVEDESTRAND
- Industry code
- 28.210
TEAMTEC AS is a private limited company (as) registered in TVEDESTRAND since 1995. The organisation number is 974 388 472. The register lists 90 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 14 November 2026 at 19:42
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch4.2 %
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
Strong61.8 %
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
- 288.2 m NOK
- +5.4 % vs. the year before
- Net result
- 7.9 m NOK
- Fiscal year 2025
- Equity
- 107.3 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 90
- Registered in the Central Coordinating Register
- Founded
- 27 March 1995
- Place
- TVEDESTRAND
- Industry
- Manufacture of ovens, furnaces and furnace burners
- 28.210
- Public contracts
- –
- Roles
- 9
- 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
92
av 100
Low risk
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
- 974 388 472
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 31 March 1995
- Date of incorporation
- 27 March 1995
- Number of employees
- 90
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- www.teamtec.no
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Nyvei 414900 TVEDESTRANDTVEDESTRAND municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 28.210
Manufacture of ovens, furnaces and furnace burners(main industry)
C Manufacturing › 28 Manufacture of machinery and equipment n.e.c. › 28.2 Manufacture of other general-purpose machinery › 28.21 Manufacture of ovens, furnaces and furnace burners
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Produksjon av elektriske og andre industri- og laboratorieovner og -brennere, inkludert forbrenningsovner. Produksjon av brennere for ovner. Produksjon av kjeler til sentralvarmeanlegg, solenergidrevne varmtvannsberedere og lignende utstyr. Produksjon av kjøle- og ventilasjonsutstyr for husholdninger. Omfatter også: Produksjon av automatiske fyringsovner, kaminer, askebehandlere mv. Produksjon av ikke-reversible varmepumper (som bare fungerer i én retning) som hovedsakelig brukes til oppvarming eller varmtvannsforsyning i husholdninger. Ekskluderer: Produksjon av elektriske ovner for husholdningsbruk grupperes under 27.51 Produksjon av elektriske husholdningsmaskiner og -apparater. Produksjon av vifter for bord, gulv, vegg, vindu, himling eller tak grupperes under 27.51 Produksjon av elektriske husholdningsmaskiner og -apparater. Produksjon av tørkemaskiner for landbruksprodukter grupperes under 28.93 Produksjon av maskiner og utstyr til nærings-, nytelsesmiddel-, drikke- og tobakksindustri. Produksjon av bakerovner grupperes under 28.93 Produksjon av maskiner og utstyr til nærings-, nytelsesmiddel-, drikke- og tobakksindustri. Produksjon av tørkemaskiner for tre, papirmasse, papir eller papp grupperes under 28.99 Produksjon av andre spesialmaskiner ikke nevnt annet sted. Produksjon av steriliseringsapparater til medisinsk eller kirurgisk formål eller til laboratorieformål grupperes under 32.50 Produksjon av medisinske og tanntekniske instrumenter og utstyr. Produksjon av laboratorieovner til bruk i tannteknikk grupperes under 32.50 Produksjon av medisinske og tanntekniske instrumenter og utstyr.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Produksjon og salg, samt deltakelse i andre selskaper.
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
Loading reviews …
Write a review
You must sign in with a verified email to write a review.
Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Strong1.93
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
Watch4.2 %
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
Strong61.8 %
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 | 288,191,164 | 273,545,956 | 320,321,796 | |
| Operating profit | 12,013,465 | 20,319,403 | 40,633,210 | |
| Profit before tax | 9,732,335 | 24,549,611 | 38,742,016 | |
| Net result | 7,937,819 | 19,009,121 | 30,265,921 | |
| Total assets | 173,785,304 | 182,792,319 | 192,025,682 | |
| Equity | 107,313,951 | 100,559,723 | 93,005,261 | |
| Liabilities | 66,471,353 | 82,232,596 | 99,020,421 |
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
- 288,191,164 NOK
- Net result 2025
- 7,937,819 NOK
- Revenue growth
- 5.4 %
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.
Income statement
| Total operating revenue | 288,191,164 NOK |
|---|---|
| Total operating expenses | 276,177,698 NOK |
| Operating profit | 12,013,465 NOK |
| Total financial income | 464,101 NOK |
| Total financial expenses | 2,745,232 NOK |
| Net financial items | -2,281,131 NOK |
| Profit before tax | 9,732,335 NOK |
| Net result | 7,937,819 NOK |
Assets
| Total fixed assets | 45,289,481 NOK |
|---|---|
| Total current assets | 128,495,824 NOK |
| Total assets | 173,785,304 NOK |
Equity and liabilities
| Paid-in equity | 20,960,000 NOK |
|---|---|
| Retained earnings | 86,353,951 NOK |
| Total equity | 107,313,951 NOK |
| Current liabilities | 66,471,353 NOK |
| Total debt | 66,471,353 NOK |
| Total equity and liabilities | 173,785,304 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 273,545,956 NOK |
|---|---|
| Total operating expenses | 253,226,553 NOK |
| Operating profit | 20,319,403 NOK |
| Total financial income | 4,669,673 NOK |
| Total financial expenses | 439,466 NOK |
| Net financial items | 4,230,207 NOK |
| Profit before tax | 24,549,611 NOK |
| Net result | 19,009,121 NOK |
Assets
| Total fixed assets | 39,387,319 NOK |
|---|---|
| Total current assets | 143,405,000 NOK |
| Total assets | 182,792,319 NOK |
Equity and liabilities
| Paid-in equity | 23,850,000 NOK |
|---|---|
| Retained earnings | 76,709,723 NOK |
| Total equity | 100,559,723 NOK |
| Current liabilities | 82,232,596 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 82,232,596 NOK |
| Total equity and liabilities | 182,792,319 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 320,321,796 NOK |
|---|---|
| Total operating expenses | 279,688,585 NOK |
| Operating profit | 40,633,210 NOK |
| Total financial income | 31,007,468 NOK |
| Total financial expenses | 32,898,663 NOK |
| Net financial items | -1,891,195 NOK |
| Profit before tax | 38,742,016 NOK |
| Net result | 30,265,921 NOK |
Assets
| Total fixed assets | 29,281,307 NOK |
|---|---|
| Total current assets | 162,744,375 NOK |
| Total assets | 192,025,682 NOK |
Equity and liabilities
| Paid-in equity | 23,850,000 NOK |
|---|---|
| Retained earnings | 69,155,261 NOK |
| Total equity | 93,005,261 NOK |
| Current liabilities | 99,020,421 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 99,020,421 NOK |
| Total equity and liabilities | 192,025,682 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. | 5.4 % | -14.6 % | – |
| Operating marginOperating profit divided by total operating revenue. | 4.2 % | 7.4 % | 12.7 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 3.4 % | 9 % | 12.1 % |
| Equity ratioTotal equity divided by total assets. | 61.8 % | 55 % | 48.4 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.93 | 1.74 | 1.64 |
| Debt ratioTotal liabilities divided by total equity. | 0.62 | 0.82 | 1.06 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 7.2 % | 13.7 % | 37.3 % |
| Return on equityNet profit divided by total equity. | 7.4 % | 18.9 % | 32.5 % |
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.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerJan Martin Grindheim
Board
- Chair of the boardRoy Langseth
- Board memberTone Christine Wiese Mannsåker
- Board memberBirthe Katrine Frantzen Halvorsen
- Board memberFinn-Arne Kvastad
- Board memberØyvind Nilsen
- Board memberVivian Henriksen Nilsen
- Board memberGregory Thomas Anthony Shannon
Auditor
- AuditorCEDRA NORGE AS
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
- 3
Overview
Structure map
TEAMTEC AS
TEAMTEC AS AVD AKLAND
AKLAND · 31 employees
TEAMTEC AS AVD DRAMMEN
DRAMMEN
TEAMTEC AS AVD TVEDESTRAND
TVEDESTRAND · 55 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| TEAMTEC AS AVD AKLANDManufacture of ovens, furnaces and furnace burners | 985 713 391 | AKLAND | 31 |
| TEAMTEC AS AVD DRAMMENManufacture of ovens, furnaces and furnace burners | 920 541 062 | DRAMMEN | – |
| TEAMTEC AS AVD TVEDESTRANDManufacture of ovens, furnaces and furnace burners | 972 031 844 | TVEDESTRAND | 55 |
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 14 November 2026 at 19:42
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 19:42
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 14 November 2026 at 19:42
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 14 November 2026 at 19:42
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 14 November 2026 at 19:42
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 14 November 2026 at 19:42
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