Trygg AS

ASDissolved

Org 930214736Jernbanegata 12, 1706 SarpsborgEngineering activities and related technical consultancy· NACE 7112Est. 2022 · 3 years old0 employees

Overview

Trygg AS is a Norwegian AS based in Sarpsborg, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2022, the company has 0 employees and reported revenue of NOK 251.1k in its latest annual filing.

Revenue 2024

251.1K NOK

−42% vs 2023

EBITDA margin

10.2 %

+147% vs 2023

Net profit 2024

25.5K NOK

+146% vs 2023

Key ratios

See full ratios →

-27.2 %

Very weak

Among the 20% lowest rated companies in the industry

20232024

0.8×

Weak

Among the 30% lowest rated companies in the industry

20232024

43.1 %

Very strong

Among the 20% highest rated companies in the industry

20232024

EBITDA — year on year

NOK thousands

Key figures

Annual report 2024

Revenue	251.1K NOK	-42%
EBITDA	25.7K NOK	+147%
Net profit	25.5K NOK	+146%
Total assets	59.2K NOK	+118%
Equity	-16.1K NOK	+61%
Employees	0	—

Financial development

In its most recent annual report (2024), Trygg AS reported revenue of NOK 251.1k, a decrease of 42% on the year before. The figures on this page draw on 2 annual filings covering 2023 to 2024. The bottom line showed a net profit of NOK 25.5k, and the EBITDA margin stood at 10.2%.

At the end of 2024, current assets covered short-term debt 0.8 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2024	2023
Revenue	251	430
Staff expenses	-2	-64
EBITDA	26	-55
Depreciation & amort.	-0	-1
EBIT	26	-56
Net financials	0	0
Profit before tax	26	-56
Tax	-0	-0
Net profit	26	-56

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Balance sheet

NOK thousands

Item	2024	2023
Total assets	59	27
Equity	-16	-42
Long-term debt	0	0
Short-term debt	75	69
Total debt	75	69

Financial ratios

5-year trend

EBITDA margin

10.2 %

20232024

Equity ratio

-27.2 %

Very weak

Among the 20% lowest rated companies in the industry

20232024

Return on equity

—

20232024

Net profit margin

10.2 %

Average

Around the average of companies in the same industry

20232024

Asset turnover

4.24×

Very strong

Among the 10% highest rated companies in the industry

20232024

Debt / equity

—

20232024

Sector performance

19 of 28 ratios graded

28 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 marginAverage

Around the average of companies in the same 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 marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

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.

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 ratioStrong

Among the 40% 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 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 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.

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.

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.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

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 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 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest 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 10% 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.

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.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest 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 20% 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 debtAverage

Around the average of companies in the same 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

Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
BS Bente Strømsæther Trustee	Trustee	2026
TS Trygg Syversen Chief Executive Officer	Chief Executive Officer	2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
TS Trygg Syversen Chairman	Chairman	2022

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Trygg AS also hold positions in 171 other companies.

Person	Role here	Other companies
Bente Strømsæther	Trustee	170 companiesMany roles
Trygg Syversen	Chief Executive Officer	1 company

Frequently asked questions

What is the Org number of Trygg AS?

Trygg AS is registered with Brønnøysundsregistrene under Org 930214736.

What is the revenue of Trygg AS?

Trygg AS reported revenue of NOK 251.1k in 2024.

Who is the CEO of Trygg AS?

Trygg Syversen is the CEO of Trygg AS.

Who is the chairman of Trygg AS?

Trygg Syversen chairs the board of Trygg AS.

Where is Trygg AS headquartered?

Trygg AS's registered address is Jernbanegata 12.