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ASActiveOrg 918011625Ringdalskogen 101, 3270 LarvikWholesale of other machinery and equipment · NACE 4664Est. 201640 employees
Revenue 2024
NOK 169,6M
+7% vs 2023
EBITDA margin
2.9%
-61% vs 2023
Equity ratio
40.7%
Financial strength
Net profit 2024
NOK 3,3M
-71% vs 2023
| Revenue | NOK 169,6M | +7% |
| EBITDA | NOK 4,9M | -61% |
| Net profit | NOK 3,3M | -71% |
| Total assets | NOK 89,4M | -7% |
| Equity | NOK 36,4M | -2% |
| Employees | 40 | — |
Legal name
ITEC AS
Org number
918011625
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
7. november 2016
Share capital
NOK 100 000
Employees
40 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Selv, gjennom hel- eller deleide selskaper eller ved samarbeid med andre virksomheter å drive prosjektledelse, salg, installasjon og service av industrielle maskiner og gassutstyr og -anlegg. I tillegg vil selskapet kunne drive forhandlinger og salg av teknisk utstyr som naturlig faller inn under de aktivitetene selskapet driver. Selskapet vil også kunne investere i fast eiendom og verdipapirer.
Address
Ringdalskogen 101, 3270 Larvik
Phone
+4795800700
Email
itec@itec.as
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 42 314 | 51 081 | 88 185 | 124 908 | 63 486 | 104 612 | 131 965 | 159 192 | 169 620 |
| Staff expenses | −8 015 | −11 757 | −15 654 | −18 597 | −14 276 | −16 117 | −25 357 | −32 138 | −34 466 |
| EBITDA | 7 050 | 3 921 | 7 170 | 7 851 | 2 635 | 14 060 | 13 078 | 12 571 | 4 932 |
| Depreciation & amort. | −157 | −256 | −365 | −427 | −468 | −582 | −469 | −681 | −568 |
| EBIT | 6 893 | 3 665 | 6 804 | 7 424 | 2 167 | 13 478 | 12 609 | 11 891 | 4 364 |
| Net financials | 96 | −125 | 210 | 199 | −209 | 125 | −683 | 2 576 | −15 |
| Profit before tax | 6 989 | 3 541 | 7 014 | 7 623 | 1 958 | 13 603 | 11 926 | 14 466 | 4 349 |
| Tax | 2 139 | 864 | 1 622 | 1 691 | 431 | 3 008 | 2 668 | 3 208 | 1 046 |
| Net profit | 4 850 | 2 677 | 5 392 | 5 931 | 1 527 | 10 596 | 9 258 | 11 258 | 3 302 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 27 448 | 24 794 | 46 600 | 41 636 | 36 535 | 42 779 | 72 637 | 95 789 | 89 369 |
| Equity | 11 314 | 13 696 | 11 893 | 17 595 | 17 582 | 20 478 | 30 267 | 37 094 | 36 396 |
| Long-term debt | 0 | 0 | 987 | 0 | 83 | 925 | 718 | 430 | 553 |
| Short-term debt | 16 134 | 11 098 | 33 720 | 24 041 | 18 871 | 21 376 | 41 653 | 58 266 | 52 421 |
| Total debt | 16 134 | 11 098 | 34 706 | 24 041 | 18 953 | 22 301 | 42 370 | 58 695 | 52 973 |
EBITDA margin
2.9%
This company
15.8%
Market median
-82% vs market
20162024
Equity ratio
40.7%
This company
38.2%
Market median
+7% vs market
20162024
Return on equity
9.1%
This company
18.4%
Market median
-51% vs market
20162024
Net profit margin
1.9%
This company
8.1%
Market median
-77% vs market
20162024
Asset turnover
1.90×
This company
1.12×
Market median
+70% vs market
20162024
Debt / equity
1.46×
This company
0.62×
Market median
-135% vs market
20162024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
ØH Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
OH Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
OK Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
LK Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Itec Holding As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Mka Holding As
ITEC AS Board members of ITEC AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Øyvind Hurlen | Chief Executive Officer | 0 companies |
| Ove Haugen | Chief Executive Officer | 0 companies |
| Ole Kristian Kongelf Hansejordet | Chief Executive Officer | 0 companies |
| Lise Karin Staurnes | Chief Executive Officer | 0 companies |
| Morten Bjørnsen | Chairman | 0 companies |
| Ole Pavljuk | Board of Directors | 0 companies |
| Kathrine Molvik | Board of Directors | 0 companies |
| Ståle Ellingsen | Board of Directors | 0 companies |
| Jørgen Lorentz Jørgensen | Chairman | 0 companies |
| Gunnar Myhre Henning | Board of Directors | 0 companies |
| Tom Hoffgaard | Chairman | 0 companies |