Revac Tech Solutions AS
ASDissolvedOrg 923312013Haukeveien 11, 3174 RevetalRepair and maintenance of consumer electronics· NACE 9521Est. 2019 · 7 years old0 employees
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Overview
Revac Tech Solutions AS is a Norwegian AS based in Revetal, operating in the Repair and maintenance of consumer electronics sector. Incorporated in 2019, the company has 0 employees and reported revenue of NOK 5.2m in its latest annual filing.
Revenue 2020
5.2M NOK
+536% vs 2019
EBITDA margin
13.9 %
+365% vs 2019
Net profit 2020
0.5M NOK
+327% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
37.6 %
WeakAmong the 40% lowest rated companies in the industry
20192020
Liquidity ratioCurrent assets ÷ Short-term debt
1.6×
AverageAround the average of companies in the same industry
20192020
Return on assets (ROA)Net profit ÷ Total assets × 100
19.0 %
Very strongAmong the 20% highest rated companies in the industry
20192020
EBITDA — year on year
NOK thousandsKey figures
Annual report 2020| Revenue | 5.2M NOK | +536% |
| EBITDA | 0.7M NOK | +365% |
| Net profit | 0.5M NOK | +327% |
| Total assets | 2.7M NOK | +133% |
| Equity | 1M NOK | +29% |
| Employees | 0 | — |
Company information
Legal name
REVAC TECH SOLUTIONS AS
Org number
923312013
Legal form
Aksjeselskap
NACE code
Founded
6 August 2019 · 7 years
Share capital
NOK 1,000,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Kjøp, behandling og salg av brukt elektronisk utstyr og andre produkter/tjenester som naturlig hører til 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.
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Address
Haukeveien 11, 3174 Revetal
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Financial development
In its most recent annual report (2020), Revac Tech Solutions AS reported revenue of NOK 5.2m, an increase of 536% on the year before. The figures on this page draw on 2 annual filings covering 2019 to 2020. The bottom line showed a net profit of NOK 506.2k, and the EBITDA margin stood at 13.9%.
At the end of 2020, equity financed 37.6% of the balance sheet, and current assets covered short-term debt 1.6 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2020 | 2019 |
|---|---|---|
| Revenue | 5,206 | 819 |
| Staff expenses | -1,562 | -349 |
| EBITDA | 725 | -274 |
| Depreciation & amort. | -12 | -13 |
| EBIT | 712 | -287 |
| Net financials | -63 | -2 |
| Profit before tax | 649 | -288 |
| Tax | 143 | -65 |
| Net profit | 506 | -223 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 |
|---|---|---|
| Total assets | 2,670 | 1,147 |
| Equity | 1,003 | 777 |
| Long-term debt | 0 | 0 |
| Short-term debt | 1,668 | 370 |
| Total debt | 1,668 | 370 |
Financial ratios
5-year trendEBITDA margin
13.9 %
20192020
Equity ratio
37.6 %
WeakAmong the 40% lowest rated companies in the industry
20192020
Return on equity
50.5 %
Very strongAmong the 20% highest rated companies in the industry
20192020
Net profit margin
9.7 %
StrongAmong the 30% highest rated companies in the industry
20192020
Asset turnover
1.95×
AverageAround the average of companies in the same industry
20192020
Debt / equity
1.66×
WeakAmong the 40% lowest rated companies in the industry
20192020
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)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 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)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)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 ratioAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 30% 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 capitalStrong
Among the 30% 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest 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 ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 40% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% 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 turnoverAverage
Around the average of companies in the same 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 capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest rated companies in the industry
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 (1) | ||
SM Chief Executive Officer | Chief Executive Officer | 2019 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
AA Board of Directors | Board of Directors | 2019 |
SM Board of Directors | Board of Directors | 2019 |
PH Chairman | Chairman | 2019 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 40% | 40% | 2020 | |
| Company | 40% | 40% | 2020 | |
| Company | 20% | 20% | 2020 |
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Company hierarchy
Revac As
Revac Tech Solutions AS Board network connections
Board members of Revac Tech Solutions AS also hold positions in 42 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Anders Aas | Board of Directors | 24 companiesMany roles |
| Pål Holtan Leskovsky | Chairman | 13 companiesMany roles |
| Ståle Matre | Chief Executive Officer | 5 companies |
Frequently asked questions
What is the Org number of Revac Tech Solutions AS?
Revac Tech Solutions AS is registered with Brønnøysundsregistrene under Org 923312013.
What is the revenue of Revac Tech Solutions AS?
Revac Tech Solutions AS reported revenue of NOK 5.2m in 2020.
Who is the CEO of Revac Tech Solutions AS?
Ståle Matre is the CEO of Revac Tech Solutions AS.
Who is the chairman of Revac Tech Solutions AS?
Pål Holtan Leskovsky chairs the board of Revac Tech Solutions AS.
Where is Revac Tech Solutions AS headquartered?
Revac Tech Solutions AS's registered address is Haukeveien 11.