BIZTRAC BETA
COMPANY REGISTER PROFILE
919400005 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Other technical consultancy

TORSION TOOL COMPANY AS

Org. no. 919400005 Limited company (AS) Gjesdal Incorporated 2017 Active
Ownership graph ↗
Revenue 2025 NOK 551,000
Operating profit NOK −1.5m
Equity NOK 3.5m
Incorporated 2017
Share capital NOK 303,000

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−1,5 mill kr).

TORSION TOOL COMPANY AS is registered as a limited company in Gjesdal, Rogaland with organisation number 919400005. The business is classified under other technical consultancy (NACE 71.129). The company was incorporated in 2017. Registered share capital is NOK 303,000, divided into 303283 shares. The company's stated purpose is: “Teknisk konsulenttjeneste med tilhørende salg, investere og medeie i andre selskap herunder aksjeeie samt investering i fast eiendom.”. The most recent filed accounts, for the 2025 financial year, show NOK 551,000 in revenue and NOK −1.5m in operating profit.

Key figures · 2025

Revenue
NOK 551,000
▼ −80 %
Operating profit
NOK −1.5m
▼ −175 %
Equity
NOK 3.5m
▼ −30 %
Est. value
NOK 2.3m

Financial health · 2025

Liquidity
0.30
Not satisfactory
Current assets ÷ current liabilities
Profitability
-28.1%
Not satisfactory
Return on total assets
Solidity
70.3%
Very good
Equity as a share of total capital

Who owns TORSION TOOL COMPANY AS?

TORSION TOOL COMPANY AS has 6 registered shareholders:

All shareholders and roles →

Frequently asked questions about TORSION TOOL COMPANY AS

Who owns TORSION TOOL COMPANY AS?

CONICUS AS is the largest registered owner, with 52.6%.

What is the revenue of TORSION TOOL COMPANY AS?

TORSION TOOL COMPANY AS had revenue of NOK 551,000 in 2025.

Who is the general manager of TORSION TOOL COMPANY AS?

Olav Fagerland Olsen is registered as general manager of TORSION TOOL COMPANY AS.

Where is TORSION TOOL COMPANY AS based?

TORSION TOOL COMPANY AS has its business address in Ålgård.

Property

Business address Opstadveien 11C, 4331 Ålgård
Cadastral unit 1122-6/849/0/0
Building Verkstedbygning · 1 unit

14 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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