What is the Org number of INITEK AS?

INITEK AS is registered with Brønnøysundsregistrene under Org 951397091.

What is the revenue of INITEK AS?

INITEK AS reported revenue of NOK 2,2M in 2025.

How many employees does INITEK AS have?

INITEK AS employs 2 people as of the latest annual report.

Who is the CEO of INITEK AS?

May Tove Andve is the CEO of INITEK AS, in role since 2004.

Who is the chairman of INITEK AS?

Petter Hovland Kristiansen chairs the board of INITEK AS, in role since 2010.

Where is INITEK AS headquartered?

INITEK AS's registered address is Bygg D Andøyfaret 33, 4623 Kristiansand S.

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INITEK AS

ASActive

Org 951397091Bygg D Andøyfaret 33, 4623 Kristiansand SEngineering activities and related technical consultancy· NACE 7112Est. 1989 · 37 years old2 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	1 447	1 530	1 588	1 533	2 163
Staff expenses	−1 114	−1 252	−1 470	−1 564	−1 674
EBITDA	141	76	−167	−224	174
Depreciation & amort.	−0	−0	−0	−0	−0
EBIT	141	76	−167	−224	174
Net financials	1	0	2	3	3
Profit before tax	142	76	−164	−221	176
Tax	31	17	−0	−0	−0
Net profit	111	59	−164	−221	176

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	941	996	883	623	873
Equity	601	660	495	275	451
Long-term debt	0	0	0	0	0
Short-term debt	340	336	387	348	422
Total debt	340	336	387	348	422

Financial ratios

5-year trend

EBITDA margin

8.0%

This company

15.8%

Market median

-49% vs market

20212025

Equity ratio

51.7%

This company

38.2%

Market median

+35% vs market

20212025

Return on equity

39.1%

This company

18.4%

Market median

+113% vs market

20212025

Net profit margin

8.2%

This company

8.1%

Market median

+1% vs market

20212025

Asset turnover

2.48×

This company

1.12×

Market median

+121% vs market

20212025

Debt / equity

0.93×

This company

0.62×

Market median

+50% vs market

20212025

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
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

INITEK AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on INITEK AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on INITEK AS