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C-TEC AS
AS
Active
Org 928844501
Skogerveien 34, 3041 Drammen
Electrical installation · NACE 4321
Est. 2022
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 504K
-15% vs 2023
EBITDA margin
42.0%
+11% vs 2023
Equity ratio
61.2%
Financial strength
Net profit 2024
NOK 141K
+19% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 504K
-15%
EBITDA
NOK 211K
+11%
Net profit
NOK 141K
+19%
Total assets
NOK 420K
+48%
Equity
NOK 257K
+121%
Employees
1
—
Company information
Legal name
C-TEC AS
Org number
928844501
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
1. mars 2022
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg. Styrets leder alene. Daglig leder alene.
Company purpose
Utføre arbeid på elektriske anlegg.
Contact
Address
Skogerveien 34, 3041 Drammen
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Companies in Electrical installation
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Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
139
593
504
Staff expenses
−0
−75
−10
EBITDA
−36
191
211
Depreciation & amort.
−0
−39
−30
EBIT
−36
152
181
Net financials
−0
−0
−1
Profit before tax
−36
152
181
Tax
−9
33
40
Net profit
−27
118
141
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
114
283
420
Equity
−2
116
257
Long-term debt
0
0
4
Short-term debt
117
167
159
Total debt
117
167
163
Financial ratios
5-year trend
EBITDA margin
42.0%
This company
15.8%
Market median
+166% vs market
2022
2024
Equity ratio
61.2%
This company
38.2%
Market median
+60% vs market
2022
2024
Return on equity
54.8%
This company
18.4%
Market median
+198% vs market
2022
2024
Net profit margin
28.0%
This company
8.1%
Market median
+246% vs market
2022
2024
Asset turnover
1.20×
This company
1.12×
Market median
+7% vs market
2022
2024
Debt / equity
0.63×
This company
0.62×
Market median
+2% vs market
2022
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 2022-01-28 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AM
Arshad Mohammad Ashraf
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SK
Shabana Kousar
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ashraf Holding As
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Ashraf Holding As
C-TEC AS
(this company)
Board network connections
Board members of C-TEC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Arshad Mohammad Ashraf
Chief Executive Officer
0 companies
Shabana Kousar
Chairman
0 companies