Gintech AS
ASActiveOrg 923941622Galeasveien 17, 3138 SkallestadEngineering activities and related technical consultancy· NACE 7112Est. 2019 · 6 years old1-4 employees
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Riskpilot← Back to searchSign inGet full accessGintech AS is a Norwegian AS based in Skallestad, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2019, the company reported revenue of NOK 636.5k in its latest annual filing.
| Revenue | 0.6M NOK | +125% |
| EBITDA | 0.5M NOK | +186% |
| Net profit | 0.2M NOK | +200% |
| Total assets | 3.3M NOK | -3% |
| Equity | -0.2M NOK | +55% |
| Employees | — | — |
In its most recent annual report (2025), Gintech AS reported revenue of NOK 636.5k, an increase of 125% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 196.3k, and the EBITDA margin stood at 79.5%.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 636 | 283 | 132 | 117 | 24 |
| Staff expenses | -37 | -10 | -0 | -0 | -0 |
| EBITDA | 506 | 177 | 66 | 18 | 4 |
| Depreciation & amort. | -71 | -97 | -85 | -133 | -0 |
| EBIT | 435 | 80 | -19 | -115 | 4 |
| Net financials | -159 | -295 | -196 | -167 | -2 |
| Profit before tax | 276 | -214 | -215 | -283 | 1 |
| Tax | 80 | -17 | -110 | -0 | -0 |
| Net profit | 196 | -197 | -106 | -283 | 1 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 3,348 | 3,468 | 3,431 | 3,546 | 3,356 |
| Equity | -159 | -356 | -158 | -53 | 230 |
| Long-term debt | 3,507 | 3,825 | 3,587 | 3,591 | 2,990 |
| Short-term debt | -0 | -1 | 3 | 8 | 136 |
| Total debt | 3,507 | 3,824 | 3,590 | 3,599 | 3,126 |
28 financial ratios from the latest filing, each graded against 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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 flow relative to profit — the ability to convert reported profits into accessible cash.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
GL Chief Executive Officer | Chief Executive Officer | 2019 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
ML Board of Directors | Board of Directors | 2026 |
GL Chairman | Chairman | 2019 |
FL Board of Directors | Board of Directors | 2024 |
GC Board of Directors | Board of Directors | 2026 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Finn Limseth | Board of Directors | 7 companiesMany roles |
| Gina Limseth | Chief Executive Officer | 4 companies |
| Markus Limseth | Board of Directors | 4 companies |