RE-TURN AS
Re-Turn AS, Thermoset &Thermoplastic Testing, Development, Production,Frontpage
We perform testing, development and production on thermosets and thermoplastics, with our without nano modification, adhesives and much more.,Re-Turn AS is a Norwegian based R&D company specialized in consultancy services, laboratory services and product development for the composites and polymer industry.
Re-Turn AS delivers tailor-made binder- and coating system solutions for a variety of
Organization
- CEO
- MA
- Chairman of the board
- Years since formation
- 27 years
- since Mar 18, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 700,000
- 1 share class
- Total number of shareholders
- 9
- 4 companies, 5 persons
Financials
- Total operating income 2024
- 3,663,290
- NOK
- Annual total result 2024
- -1,318,699
- NOK
- Total equity 2024
- 742,644
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MA | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 26.42 % directly 1 % indirectly 25.42 % | |
PA | Board Member | 26.17 % indirectly |
KO | Board Member | 2.14 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Chairman | 26.42 % directly 1 % indirectly 25.42 % | |
PA | Board Member | 26.17 % indirectly |
| - | 12.21 % indirectly | |
| - | 12.21 % indirectly | |
MJ | - | 6.46 % directly |
KO | Board Member | 2.14 % directly |
TS | - | 1.14 % indirectly |
KM | - | 1.14 % indirectly |
Last update: Oct 1, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 348,890 | 49.84 % | |
| Ordinary shares | 183,220 | 26.17 % | |
| Ordinary shares | 62,084 | 8.87 % | |
MJ | Ordinary shares | 45,250 | 6.46 % |
| Ordinary shares | 16,000 | 2.29 % | |
| Ordinary shares | 15,556 | 2.22 % | |
KO | Ordinary shares | 15,000 | 2.14 % |
| Ordinary shares | 7,000 | 1 % | |
| Ordinary shares | 7,000 | 1 % |
Shares owned by the RE-TURN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,556 | 2.22 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,663,290 | 5,723,229 | 6,262,999 | 7,260,639 |
Annual Total Result | -1,318,699 | -161,072 | -1,327,443 | 368,860 |
Total assets | 3,894,995 | 4,146,265 | 5,224,187 | 4,258,136 |
Total liabilities | 3,152,351 | 2,084,922 | 3,001,771 | 708,277 |
Total equity | 742,644 | 2,061,343 | 2,222,415 | 3,549,859 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,663,290 | 5,723,229 | 6,262,999 | 7,260,639 |
Total operating costs | 4,877,195 | 5,786,166 | 7,538,219 | 6,901,208 |
Operating result | -1,213,905 | -62,938 | -1,275,220 | 359,430 |
Financial income/costs | -104,794 | -98,134 | -52,224 | 9,430 |
Profit before tax | -1,318,699 | -161,072 | -1,327,443 | 368,860 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -1,318,699 | -161,072 | -1,327,443 | 368,860 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 395,950 | 574,050 | 184,142 | 356,301 |
Total current assets | 3,499,045 | 3,572,215 | 5,040,045 | 3,901,835 |
Total assets | 3,894,995 | 4,146,265 | 5,224,187 | 4,258,136 |
Short term debt | 3,002,351 | 1,934,922 | 3,001,771 | 708,277 |
Long term debt | 150,000 | 150,000 | 0 | 0 |
Total liabilities | 3,152,351 | 2,084,922 | 3,001,771 | 708,277 |
Contributed capital | 953,332 | 953,332 | 953,332 | 953,332 |
Retained earnings | -210,688 | 1,108,011 | 1,269,083 | 2,596,527 |
Total equity | 742,644 | 2,061,343 | 2,222,415 | 3,549,859 |
Total equity and liabilities | 3,894,995 | 4,146,265 | 5,224,187 | 4,258,136 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises