NTS AS
ASDissolvedOrg 814520242Fjordgata 8, 7900 RørvikMarine aquaculture· NACE 0321Est. 1969 · 56 years old1 employeeshttps://www.ntsasa.no
Loading company…
Overview
NTS AS is a Norwegian AS based in Rørvik, operating in the Marine aquaculture sector. Incorporated in 1969, the company has 1 employee and reported revenue of NOK 17.3m in its latest annual filing.
Revenue 2022
0B NOK
+4% vs 2017
EBITDA margin
−397.0 %
−754% vs 2017
Net profit 2022
2.1B NOK
+1913% vs 2017
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
83.3 %
StrongAmong the 30% highest rated companies in the industry
20172022
Liquidity ratioCurrent assets ÷ Short-term debt
0.6×
WeakAmong the 30% lowest rated companies in the industry
20172022
Return on assets (ROA)Net profit ÷ Total assets × 100
29.5 %
Very strongAmong the 10% highest rated companies in the industry
20172022
EBITDA — year on year
NOK millionsKey figures
Annual report 2022| Revenue | 0B NOK | +4% |
| EBITDA | -0.1B NOK | -754% |
| Net profit | 2.1B NOK | +1913% |
| Total assets | 7.3B NOK | +260% |
| Equity | 6.1B NOK | +267% |
| Employees | 1 | — |
Company information
Legal name
NTS AS
Org number
814520242
Legal form
Aksjeselskap
NACE code
0321 · Marine aquaculture
Founded
10 December 1969 · 56 years
Share capital
NOK 125,717,306
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Å foreta produksjon, videreforedling og salg av marine arter samt servicevirksomhet og annen tilknyttet virksomhet, transportvirksomhet og maritim virksomhet, samt ved aksjetegning eller på annen måte delta i andre selskaper.
(no translation available)
Contact
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2022), NTS AS reported revenue of NOK 17.3m, an increase of 4% on the year before. The figures on this page draw on 2 annual filings covering 2017 to 2022. The bottom line showed a net profit of NOK 2.1bn, and the EBITDA margin stood at -397%.
At the end of 2022, equity financed 83.3% of the balance sheet, and current assets covered short-term debt 0.6 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2022 | 2017 |
|---|---|---|
| Revenue | 17,272 | 16,654 |
| Staff expenses | -25,829 | -8,169 |
| EBITDA | -68,569 | -8,028 |
| Depreciation & amort. | -3,286 | -2,402 |
| EBIT | -71,855 | -10,430 |
| Net financials | 2,185,403 | 116,895 |
| Profit before tax | 2,113,548 | 106,465 |
| Tax | -32,248 | -125 |
| Net profit | 2,145,796 | 106,590 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2022 | 2017 |
|---|---|---|
| Total assets | 7,284,555 | 2,023,120 |
| Equity | 6,065,246 | 1,651,074 |
| Long-term debt | 20,543 | 281,168 |
| Short-term debt | 1,198,766 | 90,878 |
| Total debt | 1,219,309 | 372,046 |
Financial ratios
5-year trendEBITDA margin
-397.0 %
20172022
Equity ratio
83.3 %
StrongAmong the 30% highest rated companies in the industry
20172022
Return on equity
35.4 %
Very strongAmong the 20% highest rated companies in the industry
20172022
Net profit margin
>999 %
Very strongAmong the 10% highest rated companies in the industry
20172022
Asset turnover
0.00×
WeakAmong the 30% lowest rated companies in the industry
20172022
Debt / equity
0.20×
StrongAmong the 30% highest rated companies in the industry
20172022
Sector performance
23 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 10% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery strong
Among the 10% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 40% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 20% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 30% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 20% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery strong
Among the 20% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 30% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 30% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 10% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalStrong
Among the 30% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
FA Chief Executive Officer | Chief Executive Officer | 2023 |
NA Deputy Member | Deputy Member | 2022 |
LL Deputy Member | Deputy Member | 2022 |
LM Deputy Member | Deputy Member | 2022 |
Former (6)
VK Deputy Member | Deputy Member | 2021 – 2022 |
RM Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
MA Deputy Member | Deputy Member | 2021 – 2022 |
HG Deputy Member | Deputy Member | 2022 – 2022 |
AK Deputy Member | Deputy Member | 2021 – 2022 |
HA Chief Executive Officer | Chief Executive Officer | 2016 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
KP Board of Directors | Board of Directors | 2022 |
GW Chairman | Chairman | 2022 |
NM Board of Directors | Board of Directors | 2022 |
TM Board of Directors | Board of Directors | 2022 |
VB Board of Directors | Board of Directors | 2022 |
Former (13)
OR Chairman | Chairman | 2021 – 2022 |
KH Board of Directors | Board of Directors | 2022 – 2022 |
SL Board of Directors | Board of Directors | 2021 – 2022 |
GR Board of Directors | Board of Directors | 2021 – 2022 |
PE Deputy Chairman | Deputy Chairman | 2022 – 2022 |
HM Board of Directors | Board of Directors | 2022 – 2022 |
AG Board of Directors | Board of Directors | 2021 – 2022 |
MA Board of Directors | Board of Directors | 2022 – 2022 |
HG Board of Directors | Board of Directors | 2021 – 2022 |
RD Board of Directors | Board of Directors | 2021 – 2022 |
HB Board of Directors | Board of Directors | 2021 – 2022 |
SH Board of Directors | Board of Directors | 2022 – 2022 |
AK Deputy Chairman | Deputy Chairman | 2021 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 1.36% | 1.36% | 2021 | |
| Company | 8.49% | 8.49% | 2021 | |
| Company | 3.2% | 3.2% | 2021 | |
| Company | 6.26% | 6.26% | 2020 | |
| Individual | 0.2% | 0.2% | 2022 | |
| Company | 1.43% | 1.43% | 2021 | |
| Company | 37% | 37% | 2021 | |
| Company | 1.23% | 1.23% | 2021 | |
| Company | 4.75% | 4.75% | 2021 | |
| Company | 92.93% | 92.93% | 2022 | |
| Company | 9.69% | 9.69% | 2021 | |
| Individual | 0.04% | 0.04% | 2021 | |
| Company | 12.02% | 12.02% | 2021 | |
| Company | 2.36% | 2.36% | 2021 | |
| Individual | 0% | 0% | 2021 | |
| Company | 1.62% | 1.62% | 2021 | |
| Company | 4.5% | 4.5% | 2021 | |
| Company | 3.67% | 3.67% | 2022 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Haspro As8.49%Dolmen Invest As3.2%Bergpro As1.23%Rodo Invest As4.75%Salmar Asa92.93%Terboli Invest As12.02%Emilsen Fisk As2.36%Namsos Invest As1.62%Andvari As4.5%Amble Investment As3.67%
NTS AS (this company)Board network connections
Board members of NTS AS also hold positions in 650 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Odd Reidar Øie | Chairman | 142 companiesMany roles |
| Hege Bjørgum Skillingstad | Board of Directors | 69 companiesMany roles |
| Roald Dolmen | Board of Directors | 42 companiesMany roles |
| Helge Gåsø | Board of Directors | 37 companiesMany roles |
| Hans Georg Iwarsson | Deputy Member | 32 companiesMany roles |
| Gustav Witzøe | Chairman | 31 companiesMany roles |
| Grete Rekkebo Brovoll | Board of Directors | 29 companiesMany roles |
| Hans Martin Storø | Board of Directors | 27 companiesMany roles |
| Frode Arntsen | Chief Executive Officer | 26 companiesMany roles |
| Harry Asmund Bøe | Chief Executive Officer | 24 companiesMany roles |
| Vidar Kjesbu | Deputy Member | 22 companiesMany roles |
| Nils Martin Williksen | Board of Directors | 22 companiesMany roles |
| Nils Andre Williksen | Deputy Member | 18 companiesMany roles |
| Anne Kathrine Slungård | Deputy Chairman | 17 companiesMany roles |
| Anders Gåsø | Board of Directors | 15 companiesMany roles |
| Vibecke Bondø | Board of Directors | 15 companiesMany roles |
| Andreas Krogstad | Deputy Member | 14 companiesMany roles |
| Karl Høie | Board of Directors | 14 companiesMany roles |
| Sunniva Live Nicolaisen | Board of Directors | 12 companiesMany roles |
| Paal Espen Johnsen | Deputy Chairman | 12 companiesMany roles |
| Roar Myhre | Chief Executive Officer | 8 companiesMany roles |
| Lillian Margrete Bondø | Deputy Member | 7 companiesMany roles |
| Tor Magne Lønnum | Board of Directors | 7 companiesMany roles |
| Solvår Hallesdatter Hardesty | Board of Directors | 6 companiesMany roles |
| Mari Anne Hoff | Deputy Member | 1 company |
| Karen Pernille Skarstein Christensen | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of NTS AS?
NTS AS is registered with Brønnøysundsregistrene under Org 814520242.
What is the revenue of NTS AS?
NTS AS reported revenue of NOK 17.3m in 2022.
How many employees does NTS AS have?
NTS AS employs 1 people as of the latest annual report.
Who is the CEO of NTS AS?
Frode Arntsen is the CEO of NTS AS, in role since 2023.
Who is the chairman of NTS AS?
Gustav Witzøe chairs the board of NTS AS, in role since 2022.
Where is NTS AS headquartered?
NTS AS's registered address is Fjordgata 8.