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FOTECH AS
AS
Bankrupt
Org 825667202
Hillevågsveien 100, 4016 Stavanger
Construction of utility projects for electricity and telecommunications · NACE 4222
Est. 2020
24 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 32,2M
+41% vs 2023
EBITDA margin
-0.8%
-23% vs 2023
Equity ratio
39.0%
Financial strength
Net profit 2024
NOK -439K
-7% vs 2023
EBITDA — year on year
NOK millions
0M
2M
4M
7M
9M
7M
2020
4M
-43%
2021
3M
-25%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 32,2M
+41%
EBITDA
NOK -269K
-23%
Net profit
NOK -439K
-7%
Total assets
NOK 11,3M
+4%
Equity
NOK 4,4M
-25%
Employees
24
—
Company information
Legal name
FOTECH AS
Org number
825667202
Legal form
Aksjeselskap
NACE code
4222 · Construction of utility projects for electricity and telecommunications
Founded
6. oktober 2020
Share capital
NOK 100 000
Employees
24 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Å drive bygging av anlegg for elektrisitet og telekommunikasjon, herunder det som står i naturlig tilknytning.
Contact
Address
Hillevågsveien 100, 4016 Stavanger
Phone
+4797571552
Email
kontakt@fotech.no
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Companies in Construction of utility projects for electricity and telecommunications
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
9M
18M
28M
37M
27M
2020
25M
2021
25M
2022
23M
2023
32M
2024
EBITDA
NOK millions
0M
2M
4M
6M
8M
7M
2020
4M
2021
3M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
26 733
24 600
24 899
22 788
32 203
Staff expenses
−9 984
−11 835
−13 056
−12 434
−16 505
EBITDA
6 510
4 032
2 868
−219
−269
Depreciation & amort.
−344
−204
−181
−144
−120
EBIT
6 166
3 828
2 686
−363
−389
Net financials
−75
−47
−47
−46
−50
Profit before tax
6 091
3 780
2 639
−409
−439
Tax
1 326
828
557
−0
−0
Net profit
4 765
2 952
2 082
−409
−439
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
13 816
11 622
12 011
10 889
11 300
Equity
6 217
6 169
6 251
5 842
4 403
Long-term debt
0
616
662
280
210
Short-term debt
7 599
4 837
5 099
4 767
6 687
Total debt
7 599
5 453
5 761
5 047
6 898
Financial ratios
5-year trend
EBITDA margin
-0.8%
This company
15.8%
Market median
-105% vs market
2020
2024
Equity ratio
39.0%
This company
38.2%
Market median
+2% vs market
2020
2024
Return on equity
-10.0%
This company
18.4%
Market median
-154% vs market
2020
2024
Net profit margin
-1.4%
This company
8.1%
Market median
-117% vs market
2020
2024
Asset turnover
2.85×
This company
1.12×
Market median
+154% vs market
2020
2024
Debt / equity
1.57×
This company
0.62×
Market median
-153% 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
Age
Other directorships
BH
Bjørnar Hundnes
Chief Executive Officer
Chief Executive Officer
2020
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SD
Ståle Drivdal Frøytland
Chairman
2020
—
—
AM
Amund Mathisen Holberg
Chairman
2025
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Fotech Holding As
Company
100.0%
100.0%
2023
INSTALL NORGE AS
Company
100.0%
100.0%
2024
Hholding As
Company
50.0%
50.0%
2022
Digi Holding As
Company
50.0%
50.0%
2022
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Company hierarchy
Hholding As
FOTECH AS
(this company)
Board network connections
Board members of FOTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørnar Hundnes
Chief Executive Officer
0 companies
Ståle Drivdal Frøytland
Chairman
0 companies
Amund Mathisen Holberg
Chairman
0 companies