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ASActiveOrg 976069269Verksveien, 3330 SkotselvManufacture of other fabricated metal products n.e.c. · NACE 2599Est. 199535 employees
Revenue 2024
NOK 71,9M
-24% vs 2023
EBITDA margin
-14.4%
-88% vs 2023
Equity ratio
26.4%
Financial strength
Net profit 2024
NOK -8,5M
-80% vs 2023
| Revenue | NOK 71,9M | -24% |
| EBITDA | NOK -10,3M | -88% |
| Net profit | NOK -8,5M | -80% |
| Total assets | NOK 30,1M | -4% |
| Equity | NOK 7,9M | -40% |
| Employees | 35 | — |
Legal name
NORTECH AS
Org number
976069269
Legal form
Aksjeselskap
NACE code
2599 · Manufacture of other fabricated metal products n.e.c.
Founded
29. desember 1995
Share capital
NOK 288 000
Employees
35 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Tord ueland kolstad
Address
Verksveien, 3330 Skotselv
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| Item | 2008 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 84 281 | 62 808 | 70 123 | 62 778 | 61 674 | 79 982 | 69 388 | 73 549 | 86 954 | 99 838 | 99 897 | 91 351 | 86 309 | 111 329 | 94 570 | 71 903 |
| Staff expenses | −16 879 | −11 347 | −11 354 | −12 145 | −15 747 | −25 859 | −23 132 | −22 040 | −24 906 | −26 179 | −28 164 | −30 290 | −26 909 | −28 844 | −28 781 | −27 211 |
| EBITDA | 4 928 | −1 211 | 1 301 | −1 075 | 2 469 | 2 949 | −1 871 | 71 | 837 | 5 413 | 5 727 | 3 906 | −1 325 | 3 040 | −5 487 | −10 334 |
| Depreciation & amort. | −47 | −286 | −317 | −326 | −413 | −467 | −519 | −382 | −269 | −289 | −298 | −234 | −346 | −455 | −406 | −333 |
| EBIT | 4 880 | −1 497 | 984 | −1 401 | 2 056 | 2 482 | −2 390 | −312 | 567 | 5 124 | 5 428 | 3 672 | −1 671 | 2 585 | −5 893 | −10 667 |
| Net financials | −613 | −287 | −334 | −367 | −294 | −253 | −287 | −209 | −269 | −342 | −74 | −46 | −84 | −77 | −137 | −174 |
| Profit before tax | 4 267 | −1 784 | 650 | −1 768 | 1 762 | 2 229 | −2 677 | −521 | 298 | 4 782 | 5 355 | 3 625 | −1 755 | 2 508 | −6 030 | −10 841 |
| Tax | 1 204 | −0 | −0 | −0 | −88 | 614 | −76 | −117 | 77 | 1 106 | 1 178 | 799 | −386 | 552 | −1 327 | −2 385 |
| Net profit | 3 063 | −1 784 | 650 | −1 768 | 1 850 | 1 615 | −2 602 | −404 | 221 | 3 676 | 4 177 | 2 827 | −1 370 | 1 956 | −4 704 | −8 456 |
| Item | 2008 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 25 572 | 19 065 | 24 533 | 17 820 | 22 036 | 32 379 | 24 312 | 28 129 | 31 993 | 29 489 | 30 329 | 30 519 | 35 540 | 37 466 | 31 202 | 30 056 |
| Equity | 7 562 | 6 305 | 6 954 | 7 059 | 8 910 | 10 525 | 10 263 | 10 433 | 10 653 | 12 329 | 13 506 | 15 860 | 14 490 | 16 623 | 13 166 | 7 933 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 1 792 | 915 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 688 |
| Short-term debt | 18 010 | 12 760 | 17 579 | 10 761 | 13 126 | 20 062 | 13 134 | 17 697 | 21 340 | 17 160 | 16 823 | 14 659 | 21 050 | 20 843 | 18 036 | 18 434 |
| Total debt | 18 010 | 12 760 | 17 579 | 10 761 | 13 126 | 21 854 | 14 049 | 17 697 | 21 340 | 17 160 | 16 823 | 14 659 | 21 050 | 20 843 | 18 036 | 22 122 |
EBITDA margin
-14.4%
This company
15.8%
Market median
-191% vs market
20082024
Equity ratio
26.4%
This company
38.2%
Market median
-31% vs market
20082024
Return on equity
-106.6%
This company
18.4%
Market median
-679% vs market
20082024
Net profit margin
-11.8%
This company
8.1%
Market median
-246% vs market
20082024
Asset turnover
2.39×
This company
1.12×
Market median
+113% vs market
20082024
Debt / equity
2.79×
This company
0.62×
Market median
-350% vs market
20082024
- 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
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TL Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
HM Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
HA Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
PR Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2021 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Skotselv Industrier As | Company | 100.0% | 100.0% | 2023 |
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T Kolstad Eiendom As
NORTECH AS Board members of NORTECH AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torbjørn Larsen | Chief Executive Officer | 0 companies |
| Heidi Merethe Larsen | Chief Executive Officer | 0 companies |
| Håkon Andre Kristoffersen | Chief Executive Officer | 0 companies |
| Pål Ragnar Leversby | Chief Executive Officer | 0 companies |
| Tord Ueland Kolstad | Chairman | 0 companies |
| Morten Feen | Chairman | 0 companies |
| Lene Therese Kristoffersen | Board of Directors | 0 companies |
| Joakim Aakre Kristoffersen | Board of Directors | 0 companies |
| Finn Andre Mørk | Board of Directors | 0 companies |
| Karl Wilhelm Weldingh | Board of Directors | 0 companies |