Loading company…
Riskpilot
← Back to search
Sign in
Get full access
BTEC AS
AS
Active
Org 917551391
Brubakken 37, 5420 Rubbestadneset
Machining of metals · NACE 2553
Est. 2016
20 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 29,5M
+14% vs 2023
EBITDA margin
1.4%
-84% vs 2023
Equity ratio
-14.0%
Financial strength
Net profit 2024
NOK -1,6M
-128% vs 2023
EBITDA — year on year
NOK millions
8M
5M
3M
1M
-1M
-1M
2020
0M
+100%
2021
6M
+600%
2022
2M
-67%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 29,5M
+14%
EBITDA
NOK 403K
-84%
Net profit
NOK -1,6M
-128%
Total assets
NOK 11,6M
-23%
Equity
NOK -1,6M
-2132%
Employees
20
—
Company information
Legal name
BTEC AS
Org number
917551391
Legal form
Aksjeselskap
NACE code
2553 · Machining of metals
Founded
10. august 2016
Share capital
NOK 500 000
Employees
20 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Bearbeiding av metaller og tilhørende virksomhet.
Contact
Address
Brubakken 37, 5420 Rubbestadneset
Phone
+4753420677
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 Machining of metals
Companies in Bømlo
All Norway companies
Revenue
NOK millions
0M
9M
17M
26M
35M
26M
2020
19M
2021
25M
2022
26M
2023
30M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
-1M
2020
0M
2021
6M
2022
2M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
26 387
18 978
24 887
25 982
29 537
Staff expenses
−9 967
−9 623
−10 042
−14 136
−13 637
EBITDA
−949
−236
5 715
2 477
403
Depreciation & amort.
−691
−822
−955
−1 367
−1 441
EBIT
−1 640
−1 059
4 760
1 109
−1 039
Net financials
−1 403
−521
−636
−687
−955
Profit before tax
−3 043
−1 580
4 124
422
−1 993
Tax
82
−33
321
1 105
−439
Net profit
−3 125
−1 547
3 803
−682
−1 555
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
18 053
10 937
14 352
15 128
11 624
Equity
−111
−3 194
609
−73
−1 628
Long-term debt
9 104
7 937
7 014
6 522
5 143
Short-term debt
9 060
6 193
6 729
8 680
8 109
Total debt
18 164
14 131
13 743
15 201
13 252
Financial ratios
5-year trend
EBITDA margin
1.4%
This company
15.8%
Market median
-91% vs market
2020
2024
Equity ratio
-14.0%
This company
38.2%
Market median
-137% vs market
2020
2024
Return on equity
-155474400.0%
This company
18.4%
Market median
-844969665% vs market
2020
2024
Net profit margin
-5.3%
This company
8.1%
Market median
-165% vs market
2020
2024
Asset turnover
2.54×
This company
1.12×
Market median
+127% vs market
2020
2024
Debt / equity
8.14×
This company
0.62×
Market median
-1213% 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)
ØO
Øystein Onarheim Rolfsnes
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TR
Terje Rolfsnes
Board of Directors
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Terje Rolfsnes
Individual
14.7%
14.7%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of BTEC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øystein Onarheim Rolfsnes
Chief Executive Officer
0 companies
Terje Rolfsnes
Board of Directors
0 companies