Tellus Verdal AS
ASDissolvedOrg 971058110E6 Vinne 14, 7657 VerdalDetaljhandel med andre motorvogner, unntatt motorsykler· NACE 45192Est. 1994 · 32 years old0 employeeshttps://www.twinscaravans.no
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Overview
Tellus Verdal AS is a Norwegian AS based in Verdal, operating in the Detaljhandel med andre motorvogner, unntatt motorsykler sector. Incorporated in 1994, the company has 0 employees and reported revenue of NOK 89.3m in its latest annual filing.
Revenue 2023
89.3M NOK
−3% vs 2022
EBITDA margin
−2.9 %
−206% vs 2022
Net profit 2023
-5.4M NOK
-482% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
1.5 %
WeakAmong the 30% lowest rated companies in the industry
20192023
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 30% lowest rated companies in the industry
20192023
Return on assets (ROA)Net profit ÷ Total assets × 100
-13.6 %
Very weakAmong the 20% lowest rated companies in the industry
20192023
EBITDA — year on year
NOK thousandsKey figures
Annual report 2023| Revenue | 89.3M NOK | -3% |
| EBITDA | -2.6M NOK | -206% |
| Net profit | -5.4M NOK | -482% |
| Total assets | 40M NOK | +7% |
| Equity | 0.6M NOK | -87% |
| Employees | 0 | — |
Company information
Legal name
TELLUS VERDAL AS
Org number
971058110
Legal form
Aksjeselskap
NACE code
Founded
6 July 1994 · 32 years
Share capital
NOK 1,000,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Import, salg, utleie og service av campingbiler- og vogner og andre kjøretøy, import og salg av caravanutstyr, samt annen virksomhet som står i forbindelse med dette, herunder å ha eierandeler i andre selskaper med tilsvarende virksomhet.
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Contact
Address
E6 Vinne 14, 7657 Verdal
Phone
+47 63 83 36 00
Email
firmapost@twinscaravans.no
Website
https://www.twinscaravans.no
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Financial development
In its most recent annual report (2023), Tellus Verdal AS reported revenue of NOK 89.3m, a decrease of 3% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net loss of NOK 5.4m, and the EBITDA margin stood at -2.9%.
At the end of 2023, equity financed 1.5% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 89,267 | 92,469 | 2,990 | 13,493 | 10,092 |
| Staff expenses | -4,859 | -5,175 | -926 | -993 | -1,488 |
| EBITDA | -2,597 | 2,459 | -1,555 | -1,268 | -1,251 |
| Depreciation & amort. | -195 | -72 | -0 | -64 | -116 |
| EBIT | -2,792 | 2,387 | -1,555 | -1,332 | -1,367 |
| Net financials | -2,352 | -567 | -43 | -281 | -39 |
| Profit before tax | -5,144 | 1,820 | -1,598 | -1,613 | -1,406 |
| Tax | 280 | 399 | -361 | -679 | -0 |
| Net profit | -5,424 | 1,421 | -1,237 | -934 | -1,406 |
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Balance sheet
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 40,020 | 37,406 | 27,408 | 2,375 | 10,825 |
| Equity | 606 | 4,631 | -790 | -795 | 139 |
| Long-term debt | 0 | 0 | 1,421 | 39 | 120 |
| Short-term debt | 39,413 | 32,775 | 26,777 | 3,131 | 10,566 |
| Total debt | 39,413 | 32,775 | 28,198 | 3,170 | 10,686 |
Financial ratios
5-year trendEBITDA margin
-2.9 %
20192023
Equity ratio
1.5 %
WeakAmong the 30% lowest rated companies in the industry
20192023
Return on equity
-894.6 %
Very weakAmong the 10% lowest rated companies in the industry
20192023
Net profit margin
-6.1 %
WeakAmong the 30% lowest rated companies in the industry
20192023
Asset turnover
2.23×
StrongAmong the 40% highest rated companies in the industry
20192023
Debt / equity
65.01×
Very weakAmong the 10% lowest rated companies in the industry
20192023
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 10% 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 marginWeak
Among the 30% lowest 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 30% 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 equity (ROE)Very weak
Among the 10% lowest 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 weak
Among the 20% lowest 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 weak
Among the 10% lowest 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)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 40% lowest 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 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 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 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% 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 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 weak
Among the 20% lowest 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 30% 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 ratioWeak
Among the 30% 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.
Debt to equityVery weak
Among the 10% 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 equityVery weak
Among the 10% 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 debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the 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 marginVery weak
Among the 20% 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.
Efficiency & development
Asset turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverStrong
Among the 30% highest 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 30% 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 weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
RW Chief Executive Officer | Chief Executive Officer | 2023 |
Former (2)
TK Chief Executive Officer | Chief Executive Officer | 2021 – 2023 |
ES Chief Executive Officer | Chief Executive Officer | 2023 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
PV Chairman | Chairman | 2024 |
NK Board of Directors | Board of Directors | 2024 |
Former (3)
LM Chairman | Chairman | 2023 – 2024 |
TJ Board of Directors | Board of Directors | 2021 – 2024 |
AG Chairman | Chairman | 2021 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 | |
| Company | 100% | 100% | 2021 |
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Company hierarchy
Williams Holding As
Tellus Verdal AS Board network connections
Board members of Tellus Verdal AS also hold positions in 121 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Martin Wivestad | Chairman | 37 companiesMany roles |
| Niels Kristian Hodt | Board of Directors | 28 companiesMany roles |
| Paal Vegard Jahrmann | Chairman | 25 companiesMany roles |
| Erik Sørkilflå | Chief Executive Officer | 16 companiesMany roles |
| Rune Willy Melbø | Chief Executive Officer | 6 companiesMany roles |
| Anders Gadsbøll | Chairman | 5 companies |
| Thomas Johannessen | Board of Directors | 4 companies |
Frequently asked questions
What is the Org number of Tellus Verdal AS?
Tellus Verdal AS is registered with Brønnøysundsregistrene under Org 971058110.
What is the revenue of Tellus Verdal AS?
Tellus Verdal AS reported revenue of NOK 89.3m in 2023.
Who is the CEO of Tellus Verdal AS?
Rune Willy Melbø is the CEO of Tellus Verdal AS, in role since 2023.
Who is the chairman of Tellus Verdal AS?
Paal Vegard Jahrmann chairs the board of Tellus Verdal AS, in role since 2024.
Where is Tellus Verdal AS headquartered?
Tellus Verdal AS's registered address is E6 Vinne 14.