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ASActiveOrg 923124837Stoltenbergs Gate 48, 3112 TønsbergElectrical installation · NACE 4321Est. 201942 employees
Revenue 2025
NOK 58,4M
+36% vs 2024
EBITDA margin
12.9%
+43% vs 2024
Equity ratio
26.0%
Financial strength
Net profit 2025
NOK 5,6M
+46% vs 2024
| Revenue | NOK 58,4M | +36% |
| EBITDA | NOK 7,6M | +43% |
| Net profit | NOK 5,6M | +46% |
| Total assets | NOK 21,4M | +17% |
| Equity | NOK 5,6M | +41% |
| Employees | 42 | — |
Legal name
ITEL AS
Org number
923124837
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
25. juli 2019
Share capital
NOK 100 000
Employees
42 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Elektroarbeider. Installasjon innen fiberoptikk.
Address
Stoltenbergs Gate 48, 3112 Tønsberg
Phone
+4733527555
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 22 058 | 22 559 | 22 018 | 25 138 | 33 075 | 42 762 | 58 352 |
| Staff expenses | −13 440 | −11 840 | −13 287 | −13 777 | −17 639 | −22 592 | −32 093 |
| EBITDA | 4 326 | 6 195 | 4 382 | 4 157 | 3 046 | 5 295 | 7 552 |
| Depreciation & amort. | −770 | −567 | −508 | −284 | −303 | −367 | −433 |
| EBIT | 3 556 | 5 628 | 3 874 | 3 873 | 2 743 | 4 928 | 7 119 |
| Net financials | −0 | −6 | 10 | 7 | 0 | 19 | 80 |
| Profit before tax | 3 556 | 5 622 | 3 884 | 3 880 | 2 743 | 4 947 | 7 199 |
| Tax | 783 | 1 242 | 854 | 853 | 610 | 1 097 | 1 596 |
| Net profit | 2 773 | 4 380 | 3 030 | 3 026 | 2 134 | 3 849 | 5 603 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total assets | 14 050 | 14 595 | 12 349 | 13 253 | 11 875 | 18 326 | 21 360 |
| Equity | 4 000 | 8 380 | 7 110 | 7 136 | 6 570 | 3 949 | 5 552 |
| Long-term debt | 0 | 0 | 0 | 0 | 47 | 97 | 109 |
| Short-term debt | 10 050 | 6 215 | 5 239 | 6 117 | 5 258 | 14 280 | 15 698 |
| Total debt | 10 050 | 6 215 | 5 239 | 6 117 | 5 305 | 14 377 | 15 807 |
EBITDA margin
12.9%
This company
15.8%
Market median
-18% vs market
20192025
Equity ratio
26.0%
This company
38.2%
Market median
-32% vs market
20192025
Return on equity
100.9%
This company
18.4%
Market median
+448% vs market
20192025
Net profit margin
9.6%
This company
8.1%
Market median
+19% vs market
20192025
Asset turnover
2.73×
This company
1.12×
Market median
+144% vs market
20192025
Debt / equity
2.85×
This company
0.62×
Market median
-360% vs market
20192025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GS Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
BI Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
KO Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2026 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2020 | — | — | |
| Chairman | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Xtg As | Company | 80.0% | 80.0% | 2024 |
ITEL HOLDING AS | Company | 25.0% | 25.0% | 2023 |
Gismo Holding As | Company | 20.0% | 20.0% | 2024 |
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ITEL HOLDING AS
ITEL AS Board members of ITEL AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Graeme Stanley Thompson | Chief Executive Officer | 0 companies |
| Bjørn Ivar Nordbø | Chief Executive Officer | 0 companies |
| Knut Ove Kihle | Chief Executive Officer | 0 companies |
| Geir Emblem | Board of Directors | 0 companies |
| Anders Ettre | Chairman | 0 companies |
| Dagfinn Kreken | Board of Directors | 0 companies |
| Jørgen Landskaug | Chairman | 0 companies |