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IT FORCES AS
AS
Active
Org 938789169
Ulsnesveien 47D, 4077 Hundvåg
Engineering activities and related technical consultancy · NACE 7112
Est. 1986
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 174K
+100% vs 2023
EBITDA margin
-375.9%
+7% vs 2023
Equity ratio
99.0%
Financial strength
Net profit 2024
NOK 1,4M
-7% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2020
-1M
0%
2021
-1M
0%
2022
-1M
0%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 174K
+100%
EBITDA
NOK -653K
+7%
Net profit
NOK 1,4M
-7%
Total assets
NOK 26,5M
+2%
Equity
NOK 26,2M
+1%
Employees
1
—
Company information
Legal name
IT FORCES AS
Org number
938789169
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
8. mars 1986
Share capital
NOK 390 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Drive formidling av informasjonteknologisk produksjon, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med lignende formål.
Contact
Address
Ulsnesveien 47D, 4077 Hundvåg
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Companies in Engineering activities and related technical consultancy
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2020
-1M
2021
-1M
2022
-1M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
62
178
51
87
174
Staff expenses
−704
−717
−709
−665
−708
EBITDA
−857
−723
−833
−702
−653
Depreciation & amort.
−57
−98
−98
−98
−98
EBIT
−914
−821
−932
−800
−751
Net financials
117
3 673
3 411
2 260
2 107
Profit before tax
−797
2 852
2 479
1 460
1 355
Tax
−0
−0
−0
−0
−0
Net profit
−797
2 852
2 479
1 460
1 355
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
19 962
22 353
24 630
26 018
26 450
Equity
19 540
21 992
24 471
25 831
26 187
Long-term debt
0
0
0
0
0
Short-term debt
423
361
159
187
264
Total debt
423
361
159
187
264
Financial ratios
5-year trend
EBITDA margin
-375.9%
This company
15.8%
Market median
-2479% vs market
2020
2024
Equity ratio
99.0%
This company
38.2%
Market median
+159% vs market
2020
2024
Return on equity
5.2%
This company
18.4%
Market median
-72% vs market
2020
2024
Net profit margin
780.6%
This company
8.1%
Market median
+9537% vs market
2020
2024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
2020
2024
Debt / equity
0.01×
This company
0.62×
Market median
+98% 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)
BG
Bjarte Gudmundsen
Deputy Member
Deputy Member
2008
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AI
Anne Iren Håvarstein
Chairman
2008
Shareholders
As of last annual report
No shareholder data available.
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 IT FORCES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjarte Gudmundsen
Deputy Member
0 companies
Anne Iren Håvarstein
Chairman
0 companies