Trans Construction AS
ASDissolvedOrg 830802932Vognvegen 2A, 2072 DalManufacture of metal structures and parts of structures· NACE 2511Est. 1981 · 45 years old16 employeeshttps://www.atcno.com
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Overview
Trans Construction AS is a Norwegian AS based in Dal, operating in the Manufacture of metal structures and parts of structures sector. Incorporated in 1981, the company has 16 employees and reported revenue of NOK 56.0m in its latest annual filing.
Revenue 2022
56M NOK
+47% vs 2021
EBITDA margin
13.7 %
+18% vs 2021
Net profit 2022
6.5M NOK
+33% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
55.1 %
StrongAmong the 40% highest rated companies in the industry
20182022
Liquidity ratioCurrent assets ÷ Short-term debt
2.2×
StrongAmong the 40% highest rated companies in the industry
20182022
Return on assets (ROA)Net profit ÷ Total assets × 100
18.7 %
Very strongAmong the 20% highest rated companies in the industry
20182022
EBITDA — year on year
NOK thousandsKey figures
Annual report 2022| Revenue | 56M NOK | +47% |
| EBITDA | 7.7M NOK | +18% |
| Net profit | 6.5M NOK | +33% |
| Total assets | 34.6M NOK | +10% |
| Equity | 19.1M NOK | -1% |
| Employees | 16 | — |
Company information
Legal name
TRANS CONSTRUCTION AS
Org number
830802932
Legal form
Aksjeselskap
NACE code
Founded
15 May 1981 · 45 years
Share capital
NOK 3,338,000
Employees
16 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Contact
Address
Vognvegen 2A, 2072 Dal
Website
https://www.atcno.com
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Financial development
In its most recent annual report (2022), Trans Construction AS reported revenue of NOK 56.0m, an increase of 47% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of NOK 6.5m, and the EBITDA margin stood at 13.7%.
At the end of 2022, equity financed 55.1% of the balance sheet, and current assets covered short-term debt 2.2 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 56,015 | 37,993 | 36,032 | 22,392 | 25,097 |
| Staff expenses | -10,028 | -9,070 | -7,701 | -7,308 | -7,881 |
| EBITDA | 7,691 | 6,511 | 2,392 | 707 | 308 |
| Depreciation & amort. | -218 | -251 | -286 | -228 | -183 |
| EBIT | 7,474 | 6,259 | 2,107 | 479 | 125 |
| Net financials | 847 | 19 | 91 | 102 | 86 |
| Profit before tax | 8,321 | 6,278 | 2,198 | 582 | 211 |
| Tax | 1,831 | 1,383 | 485 | 128 | 121 |
| Net profit | 6,490 | 4,896 | 1,713 | 453 | 91 |
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Balance sheet
NOK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Total assets | 34,614 | 31,598 | 20,901 | 22,945 | 23,744 |
| Equity | 19,079 | 19,234 | 14,338 | 19,338 | 18,884 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 15,535 | 12,365 | 6,563 | 3,608 | 4,859 |
| Total debt | 15,535 | 12,365 | 6,563 | 3,608 | 4,859 |
Financial ratios
5-year trendEBITDA margin
13.7 %
20182022
Equity ratio
55.1 %
StrongAmong the 40% highest rated companies in the industry
20182022
Return on equity
34.0 %
StrongAmong the 30% highest rated companies in the industry
20182022
Net profit margin
11.6 %
StrongAmong the 30% highest rated companies in the industry
20182022
Asset turnover
1.62×
StrongAmong the 40% highest rated companies in the industry
20182022
Debt / equity
0.81×
AverageAround the average of companies in the same industry
20182022
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the 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 marginStrong
Among the 30% highest 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 marginStrong
Among the 30% 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)Strong
Among the 30% 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 20% 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)Strong
Among the 30% 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)Very strong
Among the 20% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest 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 ratioStrong
Among the 40% highest 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 ratioStrong
Among the 40% highest 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 ratioVery weak
Among the 20% 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 equityWeak
Among the 40% lowest 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 capitalVery strong
Among the 20% highest 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 ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% 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 ratioStrong
Among the 40% 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 equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 20% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% highest rated companies in the industry
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 turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 10% lowest rated companies in the industry
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.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AS Chief Executive Officer | Chief Executive Officer | 2022 |
Former (1)
BR Chief Executive Officer | Chief Executive Officer | 2003 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
TU Board of Directors | Board of Directors | 2022 |
ES Board of Directors | Board of Directors | 2022 |
OH Chairman | Chairman | 2023 |
Former (8)
BR Board of Directors | Board of Directors | 2010 – 2022 |
HK Board of Directors | Board of Directors | 2022 – 2022 |
JE Chairman | Chairman | 2010 – 2022 |
AB Board of Directors | Board of Directors | 2010 – 2022 |
KM Board of Directors | Board of Directors | 2010 – 2022 |
IB Board of Directors | Board of Directors | 2010 – 2022 |
TE Board of Directors | Board of Directors | 2022 – 2022 |
SB Chairman | Chairman | 2022 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 88.97% | 88.97% | 2022 | |
| Individual | 3% | 3% | 2020 | |
| Company | 25.82% | 25.82% | 2020 | |
| Company | 26.32% | 26.32% | 2020 | |
| Company | 33.82% | 33.82% | 2020 | |
| Company | 11.03% | 11.03% | 2020 |
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Company hierarchy
Psw Power & Automation As
Trans Construction AS (this company)Board network connections
Board members of Trans Construction AS also hold positions in 185 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Inger Beate Tokvam | Board of Directors | 76 companiesMany roles |
| Torvald Ulland Reiestad | Board of Directors | 28 companiesMany roles |
| Oddbjørn Haukøy | Chairman | 21 companiesMany roles |
| Styrk Bekkenes | Chairman | 21 companiesMany roles |
| Eirik Sørensen | Board of Directors | 14 companiesMany roles |
| Tor Erik Christoffersen | Board of Directors | 7 companiesMany roles |
| Håvard Kallestad | Board of Directors | 5 companies |
| Andreas Børre Larsen | Board of Directors | 5 companies |
| Anders Sandberg | Chief Executive Officer | 3 companies |
| Kjell Martinsen | Board of Directors | 2 companies |
| Bjørn Romund Tømte | Chief Executive Officer | 1 company |
| Bård Rundhaugen | Board of Directors | 1 company |
| John Erling Leffmann | Chairman | 1 company |
Frequently asked questions
What is the Org number of Trans Construction AS?
Trans Construction AS is registered with Brønnøysundsregistrene under Org 830802932.
What is the revenue of Trans Construction AS?
Trans Construction AS reported revenue of NOK 56.0m in 2022.
How many employees does Trans Construction AS have?
Trans Construction AS employs 16 people as of the latest annual report.
Who is the CEO of Trans Construction AS?
Anders Sandberg is the CEO of Trans Construction AS, in role since 2022.
Who is the chairman of Trans Construction AS?
Oddbjørn Haukøy chairs the board of Trans Construction AS, in role since 2023.
Where is Trans Construction AS headquartered?
Trans Construction AS's registered address is Vognvegen 2A.