Riskpilot← Back to searchSign inGet full accessINIT ELDOR AS
ASActiveOrg 913480597Kanalsletta 4, 4033 StavangerAll other professional, scientific and technical activities n.e.c. · NACE 7499Est. 201423 employeeswww.initgroup.com
Revenue 2024
NOK 70,6M
+33% vs 2023
EBITDA margin
20.4%
-6% vs 2023
Equity ratio
29.9%
Financial strength
Net profit 2024
NOK 11,2M
-6% vs 2023
| Revenue | NOK 70,6M | +33% |
| EBITDA | NOK 14,4M | -6% |
| Net profit | NOK 11,2M | -6% |
| Total assets | NOK 36,6M | -7% |
| Equity | NOK 10,9M | -1% |
| Employees | 23 | — |
Legal name
INIT ELDOR AS
Org number
913480597
Legal form
Aksjeselskap
NACE code
7499 · All other professional, scientific and technical activities n.e.c.
Founded
10. april 2014
Share capital
NOK 30 000
Employees
23 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og styrets leder i fellesskap.
Company purpose
Å drive med produktutvikling, konsulentvirksomhet, deltakelse i andre selskaper, samt annen virksomhet som naturlig faller inn under dette.
Address
Kanalsletta 4, 4033 Stavanger
Website
www.initgroup.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72 423 | 78 111 | 65 862 | 52 411 | 34 598 | 48 188 | 42 414 | 41 188 | 44 117 | 52 961 | 70 613 |
| Staff expenses | −40 126 | −41 011 | −36 639 | −33 675 | −22 357 | −24 276 | −25 306 | −26 387 | −27 191 | −29 132 | −33 359 |
| EBITDA | 9 019 | 13 951 | 11 962 | 6 469 | 872 | 8 084 | 6 650 | 6 711 | 8 183 | 15 318 | 14 373 |
| Depreciation & amort. | −280 | −329 | −387 | −429 | −347 | −202 | −23 | −0 | −15 | −17 | −17 |
| EBIT | 8 739 | 13 622 | 11 574 | 6 039 | 525 | 7 882 | 6 627 | 6 711 | 8 168 | 15 302 | 14 357 |
| Net financials | 146 | 55 | −50 | −29 | −37 | −64 | −9 | −52 | −212 | −8 | 14 |
| Profit before tax | 8 885 | 13 677 | 11 525 | 6 011 | 488 | 7 818 | 6 618 | 6 659 | 7 956 | 15 294 | 14 371 |
| Tax | 2 408 | 3 697 | 2 908 | 1 492 | 244 | 1 670 | 1 367 | 1 467 | 1 761 | 3 366 | 3 177 |
| Net profit | 6 476 | 9 979 | 8 617 | 4 519 | 244 | 6 149 | 5 251 | 5 192 | 6 196 | 11 928 | 11 193 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 29 273 | 32 099 | 36 779 | 26 945 | 16 148 | 23 379 | 22 352 | 22 484 | 24 896 | 39 302 | 36 611 |
| Equity | 5 416 | 10 819 | 10 791 | 6 683 | 6 102 | 8 015 | 8 266 | 10 720 | 11 110 | 11 021 | 10 935 |
| Long-term debt | 2 116 | 1 695 | 1 285 | 879 | 725 | 643 | 0 | 0 | 5 780 | 4 420 | 0 |
| Short-term debt | 21 741 | 19 585 | 24 703 | 19 384 | 9 321 | 14 721 | 14 086 | 11 764 | 8 006 | 23 860 | 25 677 |
| Total debt | 23 857 | 21 280 | 25 988 | 20 263 | 10 046 | 15 363 | 14 086 | 11 764 | 13 786 | 28 280 | 25 677 |
EBITDA margin
20.4%
This company
15.8%
Market median
+29% vs market
20142024
Equity ratio
29.9%
This company
38.2%
Market median
-22% vs market
20142024
Return on equity
102.4%
This company
18.4%
Market median
+457% vs market
20142024
Net profit margin
15.9%
This company
8.1%
Market median
+96% vs market
20142024
Asset turnover
1.93×
This company
1.12×
Market median
+72% vs market
20142024
Debt / equity
2.35×
This company
0.62×
Market median
-279% vs market
20142024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GE Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2024 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Init Norway As | Company | 100.0% | 100.0% | 2024 |
Gimli As | Company | 99.0% | 99.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Gimli As
INIT ELDOR AS Board members of INIT ELDOR AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Gisle Ersdal | Chief Executive Officer | 0 companies |
| Alexander Risøy | Chairman | 0 companies |
| Carl Peter Townsend | Board of Directors | 0 companies |
| Bernt Hjalmar Eldor | Board of Directors | 0 companies |
| Ove Heitmann Hansen | Chairman | 0 companies |
| Ola Guldbrandsen | Board of Directors | 0 companies |
| Jørund Sæten | Board of Directors | 0 companies |
| Børge Richard Kolstad | Chairman | 0 companies |
| Tor Kåre Pedersen | Board of Directors | 0 companies |