TW Zero Group AS
ASActiveOrg 929575784Disenåvegen 555, 2114 DisenåFreight transport by road· NACE 4941Est. 2022 · 4 years old1-4 employees
Loading company…
Overview
TW Zero Group AS is a Norwegian AS based in Disenå, operating in the Freight transport by road sector. Incorporated in 2022, the company reported revenue of NOK 7.0m in its latest annual filing.
Revenue 2024
7M NOK
+15% vs 2023
EBITDA margin
23.1 %
+155% vs 2023
Net profit 2024
0M NOK
+100% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-5.5 %
Very weakAmong the 20% lowest rated companies in the industry
20222024
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
Very weakAmong the 20% lowest rated companies in the industry
20222024
Return on assets (ROA)Net profit ÷ Total assets × 100
0.0 %
WeakAmong the 40% lowest rated companies in the industry
20222024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 7M NOK | +15% |
| EBITDA | 1.6M NOK | +155% |
| Net profit | 0M NOK | +100% |
| Total assets | 22M NOK | +106% |
| Equity | -1.2M NOK | +1% |
| Employees | — | — |
Company information
Legal name
TW ZERO GROUP AS
Org number
929575784
Legal form
Aksjeselskap
NACE code
4941 · Freight transport by road
Founded
1 July 2022 · 4 years
Share capital
NOK 120,000
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Investere i verdipapirer og fast eiendom, samt hva som naturlig hører hertil.
(no translation available)
Address
Disenåvegen 555, 2114 Disenå
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 (2024), TW Zero Group AS reported revenue of NOK 7.0m, an increase of 15% on the year before. The figures on this page draw on 3 annual filings covering 2022 to 2024. The bottom line showed a net profit of NOK 6.9k, and the EBITDA margin stood at 23.1%.
At the end of 2024, current assets covered short-term debt 0.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 7,023 | 6,089 | 509 |
| Staff expenses | -3,874 | -4,123 | -64 |
| EBITDA | 1,620 | -2,942 | -103 |
| Depreciation & amort. | -424 | -293 | -0 |
| EBIT | 1,196 | -3,234 | -103 |
| Net financials | -1,189 | -68 | 0 |
| Profit before tax | 7 | -3,303 | -103 |
| Tax | -0 | 24 | -24 |
| Net profit | 7 | -3,326 | -79 |
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total assets | 21,978 | 10,664 | 4,425 |
| Equity | -1,206 | -1,213 | 2,114 |
| Long-term debt | 8,521 | 8,062 | 1,648 |
| Short-term debt | 14,663 | 3,816 | 664 |
| Total debt | 23,184 | 11,877 | 2,312 |
Financial ratios
5-year trendEBITDA margin
23.1 %
20222024
Equity ratio
-5.5 %
Very weakAmong the 20% lowest rated companies in the industry
20222024
Return on equity
—
20222024
Net profit margin
0.1 %
WeakAmong the 40% lowest rated companies in the industry
20222024
Asset turnover
0.32×
WeakAmong the 40% lowest rated companies in the industry
20222024
Debt / equity
—
20222024
Sector performance
21 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 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 marginWeak
Among the 40% lowest 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 assets (ROA)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 30% 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.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioVery weak
Among the 20% 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 ratioVery weak
Among the 20% 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 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.
Fixed assets to long-term capitalVery weak
Among the 10% 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 strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Debt & solvency
Solidity ratioVery weak
Among the 20% 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 ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same 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 20% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% lowest 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.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Asset turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 10% 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 debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
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.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TW Chief Executive Officer | Chief Executive Officer | 2024 |
Former (1)
RB Chief Executive Officer | Chief Executive Officer | 2023 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
JM Board of Directors | Board of Directors | 2022 |
TW Chairman | Chairman | 2024 |
Former (6)
BR Chairman | Chairman | 2022 – 2023 |
PB Chairman | Chairman | 2023 – 2024 |
KB Chairman | Chairman | 2022 – 2022 |
ØO Board of Directors | Board of Directors | 2023 – 2024 |
GK Board of Directors | Board of Directors | 2022 – 2023 |
TJ Board of Directors | Board of Directors | 2023 – 2024 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 | |
| Company | 70% | 70% | 2023 |
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
Tom Wilhelmsen Holding As
TW Zero Group AS (this company)Board network connections
Board members of TW Zero Group AS also hold positions in 400 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kristian Brekke Djuve | Chairman | 320 companiesMany roles |
| Bjørn Reinert Stordrange | Chairman | 19 companiesMany roles |
| Jarle Mørk | Board of Directors | 16 companiesMany roles |
| Thomas Jonatan Nyegaard Fjell | Board of Directors | 11 companiesMany roles |
| Patrik Bø Egeland | Chairman | 10 companiesMany roles |
| Øivind Omar Horpestad | Board of Directors | 8 companiesMany roles |
| Tom Wilhelmsen | Chief Executive Officer | 7 companiesMany roles |
| Gro Knardahl Wilhelmsen | Board of Directors | 5 companies |
| Robert Blix Norbeck | Chief Executive Officer | 4 companies |
Frequently asked questions
What is the Org number of TW Zero Group AS?
TW Zero Group AS is registered with Brønnøysundsregistrene under Org 929575784.
What is the revenue of TW Zero Group AS?
TW Zero Group AS reported revenue of NOK 7.0m in 2024.
Who is the CEO of TW Zero Group AS?
Tom Wilhelmsen is the CEO of TW Zero Group AS, in role since 2024.
Who is the chairman of TW Zero Group AS?
Tom Wilhelmsen chairs the board of TW Zero Group AS, in role since 2024.
Where is TW Zero Group AS headquartered?
TW Zero Group AS's registered address is Disenåvegen 555.