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VITEQ AS
AS
Active
Org 912793974
Industrivegen 12, 7900 Rørvik
Electrical installation · NACE 4321
Est. 2013
31 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 68,7M
+27% vs 2023
EBITDA margin
11.2%
+11% vs 2023
Equity ratio
45.6%
Financial strength
Net profit 2024
NOK 6M
+16% vs 2023
EBITDA — year on year
NOK millions
20M
15M
10M
5M
0M
16M
2020
7M
-56%
2021
8M
+14%
2022
7M
-12%
2023
8M
+14%
2024
Key figures
Annual report 2024
Revenue
NOK 68,7M
+27%
EBITDA
NOK 7,7M
+11%
Net profit
NOK 6M
+16%
Total assets
NOK 46,3M
+24%
Equity
NOK 21,1M
+5%
Employees
31
—
Company information
Legal name
VITEQ AS
Org number
912793974
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
26. november 2013
Share capital
NOK 705 600
Employees
31 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg av tekniske tenester og varer i tilknytning til dette og annen virksomhet som tjener selskapet.
Contact
Address
Industrivegen 12, 7900 Rørvik
Phone
+4747999555
Email
post@viteq.as
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Revenue
NOK millions
0M
28M
57M
85M
114M
99M
2020
63M
2021
54M
2022
54M
2023
69M
2024
EBITDA
NOK millions
0M
5M
9M
14M
18M
16M
2020
7M
2021
8M
2022
7M
2023
8M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
98 695
62 571
53 954
54 254
68 670
Staff expenses
−11 508
−13 282
−12 153
−13 349
−17 916
EBITDA
15 649
7 404
8 146
6 908
7 671
Depreciation & amort.
−305
−790
−2 139
−355
−339
EBIT
15 344
6 614
6 007
6 553
7 331
Net financials
290
−869
−949
201
324
Profit before tax
15 054
5 745
5 058
6 754
7 655
Tax
3 323
1 283
1 120
1 551
1 644
Net profit
11 731
4 463
3 939
5 203
6 011
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
63 236
71 115
72 724
37 323
46 290
Equity
23 411
27 374
26 312
20 090
21 101
Long-term debt
10 641
8 057
26 203
2 304
236
Short-term debt
29 184
35 685
20 209
14 930
24 953
Total debt
39 825
43 741
46 412
17 233
25 189
Financial ratios
5-year trend
EBITDA margin
11.2%
This company
15.8%
Market median
-29% vs market
2020
2024
Equity ratio
45.6%
This company
38.2%
Market median
+19% vs market
2020
2024
Return on equity
28.5%
This company
18.4%
Market median
+55% vs market
2020
2024
Net profit margin
8.8%
This company
8.1%
Market median
+9% vs market
2020
2024
Asset turnover
1.48×
This company
1.12×
Market median
+32% vs market
2020
2024
Debt / equity
1.19×
This company
0.62×
Market median
-92% 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)
RO
Rune Olsen
Chief Executive Officer
Chief Executive Officer
2014
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Viteq Holding As
Company
100%
100%
2024
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Company hierarchy
Cat1 As
Viteq Holding As
VITEQ AS
(this company)
VENTILASJON OG INNEKLIMA AS
Board network connections
Board members of VITEQ AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rune Olsen
Chief Executive Officer
0 companies