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FLYTECH AS
AS
Active
Org 916491921
Grundingen 6, 0250 Oslo
Computer consultancy and computer facilities management activities · NACE 6220
Est. 2015
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 849K
+1% vs 2023
EBITDA margin
19.1%
+9% vs 2023
Equity ratio
41.4%
Financial strength
Net profit 2024
NOK 112K
-3% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 849K
+1%
EBITDA
NOK 162K
+9%
Net profit
NOK 112K
-3%
Total assets
NOK 1,5M
+10%
Equity
NOK 604K
-22%
Employees
2
—
Company information
Legal name
FLYTECH AS
Org number
916491921
Legal form
Aksjeselskap
NACE code
6220 · Computer consultancy and computer facilities management activities
Founded
29. desember 2015
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Å drive tjenester tilknyttet informasjonsteknologi, utvikling, konsulentvirksomhet samt annen forretningsvirksomhet som hører herunder.
Contact
Address
Grundingen 6, 0250 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Computer consultancy and computer facilities management activities
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
980
945
891
840
849
Staff expenses
−8
−4
−173
−315
−432
EBITDA
460
386
450
148
162
Depreciation & amort.
−209
−201
−86
−6
−0
EBIT
250
185
365
142
162
Net financials
−10
−12
−402
−80
−24
Profit before tax
240
174
−38
62
139
Tax
79
−29
−48
−54
27
Net profit
161
174
10
116
112
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 321
1 543
1 266
1 329
1 460
Equity
733
891
706
779
604
Long-term debt
543
747
340
330
204
Short-term debt
44
−95
220
220
651
Total debt
588
652
560
550
856
Financial ratios
5-year trend
EBITDA margin
19.1%
This company
15.8%
Market median
+21% vs market
2020
2024
Equity ratio
41.4%
This company
38.2%
Market median
+8% vs market
2020
2024
Return on equity
18.5%
This company
18.4%
Market median
+1% vs market
2020
2024
Net profit margin
13.2%
This company
8.1%
Market median
+63% vs market
2020
2024
Asset turnover
0.58×
This company
1.12×
Market median
-48% vs market
2020
2024
Debt / equity
1.42×
This company
0.62×
Market median
-129% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
WB
Walther B K-H Olafsen
Chairman
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
40%
40%
2022
Unknown
Individual
13.33%
13.33%
2022
Unknown
Individual
6.67%
6.67%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
FLYTECH AS
(this company)
VIRCADI ENERGY AS
Vircadi Energy Holding As
WØI ENERGY AS
Board network connections
Board members of FLYTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Walther B K-H Olafsen
Chairman
0 companies