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ET WORKS AS
AS
Active
Org 812355252
Sundmoen Næringsområde 4, 3302 Hokksund
Computer consultancy and computer facilities management activities · NACE 6220
Est. 2013
8 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 51M
+13% vs 2023
EBITDA margin
3.3%
+66% vs 2023
Equity ratio
9.1%
Financial strength
Net profit 2024
NOK 872K
+1050% vs 2023
EBITDA — year on year
NOK millions
3M
1M
0M
-1M
-3M
-2M
2020
2M
+200%
2021
0M
-100%
2022
1M
+100%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 51M
+13%
EBITDA
NOK 1,7M
+66%
Net profit
NOK 872K
+1050%
Total assets
NOK 11,8M
+18%
Equity
NOK 1,1M
+416%
Employees
8
—
Company information
Legal name
ET WORKS AS
Org number
812355252
Legal form
Aksjeselskap
NACE code
6220 · Computer consultancy and computer facilities management activities
Founded
31. august 2013
Share capital
NOK 300 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder hver for seg.
Company purpose
Service, salg og produksjon av it-utstyr.
Contact
Address
Sundmoen Næringsområde 4, 3302 Hokksund
Email
sales@eurotech-computers.com
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Revenue
NOK millions
0M
15M
29M
44M
59M
33M
2020
51M
2021
39M
2022
45M
2023
51M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
-2M
2020
2M
2021
0M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
33 049
51 001
38 976
45 300
50 986
Staff expenses
−6 564
−7 675
−6 667
−6 666
−5 900
EBITDA
−1 793
1 734
59
1 020
1 691
Depreciation & amort.
−368
−369
−373
−337
−272
EBIT
−2 161
1 365
−314
683
1 419
Net financials
−109
−183
501
−583
−301
Profit before tax
−2 270
1 182
187
100
1 118
Tax
−500
260
−79
24
246
Net profit
−1 770
922
266
76
872
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
12 116
14 026
11 217
10 009
11 829
Equity
−1 054
−132
134
210
1 081
Long-term debt
5 818
6 169
5 303
5 195
5 376
Short-term debt
7 352
7 989
5 780
4 604
5 372
Total debt
13 170
14 158
11 083
9 799
10 748
Financial ratios
5-year trend
EBITDA margin
3.3%
This company
15.8%
Market median
-79% vs market
2020
2024
Equity ratio
9.1%
This company
38.2%
Market median
-76% vs market
2020
2024
Return on equity
80.6%
This company
18.4%
Market median
+338% vs market
2020
2024
Net profit margin
1.7%
This company
8.1%
Market median
-79% vs market
2020
2024
Asset turnover
4.31×
This company
1.12×
Market median
+285% vs market
2020
2024
Debt / equity
9.94×
This company
0.62×
Market median
-1503% vs market
2020
2024
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
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AD
Anne Deilkås
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Eurotech Computer Service Ltd.
Company
51%
51%
2024
Egil Simones
Individual
22%
22%
2024
Vigleif Traaen
Individual
5%
5%
2024
Adrian Mcclatchie
Individual
5%
5%
2024
Per Ole Svensrud
Individual
5%
5%
2024
Øystein Andresen-Sund
Individual
5%
5%
2024
Jaran Gustavsen
Individual
5%
5%
2024
Lasse Buxrud Christiansen
Individual
2%
2%
2024
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Company hierarchy
ET WORKS AS
(this company)
Eiker It As
Board network connections
Board members of ET WORKS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anne Deilkås
Chief Executive Officer
0 companies