Limtec AS

ASActive

Org 933568563Hulda Garborgs Vei 12, 1384 AskerComputer programming activities· NACE 6210Est. 2024 · 2 years old0 employees

Overview

Limtec AS is a Norwegian AS based in Asker, operating in the Computer programming activities sector. Incorporated in 2024, the company has 0 employees and reported revenue of NOK 30.0k in its latest annual filing.

Revenue 2025

30K NOK

EBITDA margin

82.7 %

+569% vs 2024

Net profit 2025

22.1K NOK

+517% vs 2024

Key ratios

See full ratios →

47.8 %

Average

Around the average of companies in the same industry

20242025

18.0×

Very strong

Among the 20% highest rated companies in the industry

20242025

26.6 %

Very strong

Among the 20% highest rated companies in the industry

20242025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	30K NOK	—
EBITDA	24.8K NOK	+569%
Net profit	22.1K NOK	+517%
Total assets	82.9K NOK	+255%
Equity	39.7K NOK	+70%
Employees	0	—

Financial development

In its most recent annual report (2025), Limtec AS reported revenue of NOK 30.0k. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of NOK 22.1k, and the EBITDA margin stood at 82.7%.

At the end of 2025, equity financed 47.8% of the balance sheet, and current assets covered short-term debt 18 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024
Revenue	30	0
Staff expenses	-0	-0
EBITDA	25	-5
Depreciation & amort.	-0	-0
EBIT	25	-5
Net financials	0	0
Profit before tax	25	-5
Tax	3	-0
Net profit	22	-5

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Balance sheet

NOK thousands

Item	2025	2024
Total assets	83	23
Equity	40	23
Long-term debt	41	0
Short-term debt	3	0
Total debt	43	0

Financial ratios

5-year trend

EBITDA margin

82.7 %

20242025

Equity ratio

47.8 %

Average

Around the average of companies in the same industry

20242025

Return on equity

55.7 %

Strong

Among the 30% highest rated companies in the industry

20242025

Net profit margin

73.6 %

Very strong

Among the 10% highest rated companies in the industry

20242025

Asset turnover

0.36×

Average

Around the average of companies in the same industry

20242025

Debt / equity

1.09×

Weak

Among the 40% lowest rated companies in the industry

20242025

Sector performance

25 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 marginVery strong

Among the 10% 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 marginVery strong

Among the 10% 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 10% 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 ratioVery strong

Among the 20% 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 ratioVery strong

Among the 20% 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 strong

Among the 10% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same 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 capitalAverage

Around the average of companies in the same 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 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same 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 40% 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 30% 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 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 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.

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 turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

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 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.

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 debtNot 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 debt.

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
TM Tariq Maqsood Chief Executive Officer	Chief Executive Officer	2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
TM Tariq Maqsood Chairman	Chairman	2024

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Limtec AS also hold positions in 4 other companies.

Person	Role here	Other companies
Tariq Maqsood	Chief Executive Officer	4 companies

Frequently asked questions

What is the Org number of Limtec AS?

Limtec AS is registered with Brønnøysundsregistrene under Org 933568563.

What is the revenue of Limtec AS?

Limtec AS reported revenue of NOK 30.0k in 2025.

Who is the CEO of Limtec AS?

Tariq Maqsood is the CEO of Limtec AS.

Who is the chairman of Limtec AS?

Tariq Maqsood chairs the board of Limtec AS.

Where is Limtec AS headquartered?

Limtec AS's registered address is Hulda Garborgs Vei 12.