Riskpilot← Back to searchSign inGet full accessKITRON ASA
ASAActiveOrg 976605713Olav Brunborgs Vei 4, 1396 BillingstadManufacture of loaded electronic boards · NACE 2612Est. 199611 employeeswww.kitron.com
Revenue 2024
NOK 196,5M
+4% vs 2023
EBITDA margin
-14.6%
-8% vs 2023
Equity ratio
45.5%
Financial strength
Net profit 2024
NOK 418,7M
+220% vs 2023
| Revenue | NOK 196,5M | +4% |
| EBITDA | NOK -28,6M | -8% |
| Net profit | NOK 418,7M | +220% |
| Total assets | NOK 2,4B | +11% |
| Equity | NOK 1,1B | +44% |
| Employees | 11 | — |
Legal name
KITRON ASA
Org number
976605713
Legal form
Allmennaksjeselskap
NACE code
2612 · Manufacture of loaded electronic boards
Founded
11. juli 1996
Share capital
NOK 21 870 247
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Produksjons- og utviklingsvirksomhet forbundet med elektronikk. Virksomheten inkluderer kjøp og salg av aksjer og selskaper i samme eller beslektede bransjer. Virksomheten kan også inkludere beslektede konsulentoppdrag og andre oppdrag fobundet med driften.
Address
Olav Brunborgs Vei 4, 1396 Billingstad
Phone
+4766100000
Email
info@kitron.com
Website
www.kitron.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 68 839 | 73 058 | 86 784 | 82 157 | 99 165 | 113 322 | 118 029 | 134 308 | 188 709 | 196 460 |
| Staff expenses | −41 734 | −43 716 | −49 870 | −56 598 | −0 | −0 | −71 706 | −88 545 | −108 611 | −103 072 |
| EBITDA | −7 212 | −13 677 | −9 206 | −25 514 | −15 406 | −16 848 | −24 391 | −35 144 | −26 480 | −28 635 |
| Depreciation & amort. | −7 600 | −7 923 | −7 491 | −4 870 | −4 500 | −6 286 | −5 760 | −6 173 | −7 531 | −7 645 |
| EBIT | −14 812 | −21 600 | −16 697 | −30 384 | −19 906 | −23 134 | −30 151 | −41 317 | −34 011 | −36 280 |
| Net financials | 74 042 | 49 700 | 67 733 | 79 141 | 96 777 | 97 079 | 159 787 | 84 328 | 155 775 | 448 461 |
| Profit before tax | 59 230 | 28 100 | 51 036 | 48 757 | 76 871 | 73 945 | 129 636 | 43 011 | 121 764 | 412 181 |
| Tax | 3 327 | −1 753 | 2 660 | −632 | −380 | −3 787 | −4 187 | −19 430 | −9 076 | −6 541 |
| Net profit | 55 903 | 29 853 | 48 376 | 49 389 | 77 251 | 77 732 | 133 823 | 62 441 | 130 840 | 418 722 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 649 707 | 621 705 | 619 221 | 605 696 | 804 332 | 858 653 | 1 238 539 | 2 115 906 | 2 183 949 | 2 422 272 |
| Equity | 539 147 | 519 972 | 474 514 | 460 964 | 526 180 | 391 695 | 816 183 | 785 925 | 762 661 | 1 101 341 |
| Long-term debt | 26 250 | 19 250 | 12 250 | 5 250 | 133 250 | 90 000 | 54 000 | 1 065 614 | 1 063 622 | 1 053 754 |
| Short-term debt | 77 808 | 76 140 | 126 252 | 133 516 | 139 006 | 371 292 | 362 799 | 259 124 | 352 607 | 262 078 |
| Total debt | 104 058 | 95 390 | 138 502 | 138 766 | 272 256 | 461 292 | 416 799 | 1 324 738 | 1 416 229 | 1 315 832 |
EBITDA margin
-14.6%
This company
15.8%
Market median
-192% vs market
20152024
Equity ratio
45.5%
This company
38.2%
Market median
+19% vs market
20152024
Return on equity
38.0%
This company
18.4%
Market median
+107% vs market
20152024
Net profit margin
213.1%
This company
8.1%
Market median
+2531% vs market
20152024
Asset turnover
0.08×
This company
1.12×
Market median
-93% vs market
20152024
Debt / equity
1.20×
This company
0.62×
Market median
-94% vs market
20152024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JL Deputy Member | Deputy Member | 2025 | — | — |
TL Deputy Member | Deputy Member | 2022 | — | — |
CS Deputy Member | Deputy Member | 2025 | — | — |
VH Deputy Member | Deputy Member | 2025 | — | — |
AB Deputy Member | Deputy Member | 2022 | — | — |
EJ Deputy Member | Deputy Member | 2022 | — | — |
MB Deputy Member | Deputy Member | 2025 | — | — |
KL Deputy Member | Deputy Member | 2023 | — | — |
LP Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
HB Deputy Member | Deputy Member | 2023 | — | — |
HS Deputy Member | Deputy Member | 2025 | — | — |
KT Deputy Member | Deputy Member | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Deputy Chairman | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
TA | Board of Directors | 2023 | — | — |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Folketrygdfondet | Company | 10.0% | 10.0% | 2024 |
Verdipapirfond Odin Norge | Company | 7.2% | 7.2% | 2024 |
State Street Bank And Trust Comp | Company | 6.0% | 6.0% | 2024 |
J.P. Morgan Se | Company | 4.9% | 4.9% | 2024 |
Mp Pensjon Pk | Company | 4.9% | 4.9% | 2024 |
Vevlen Gård As | Company | 4.5% | 4.5% | 2024 |
The Bank Of New York Mellon Sa/Nv | Company | 4.1% | 4.1% | 2024 |
| Individual | 3.6% | 3.6% | 2022 | |
Avanza Bank Ab | Company | 3.0% | 3.0% | 2024 |
| Individual | 2.8% | 2.8% | 2022 | |
Bnp Paribas | Company | 2.8% | 2.8% | 2024 |
| Individual | 2.5% | 2.5% | 2022 | |
Verdipapirfondet Holberg Norge | Company | 2.4% | 2.4% | 2024 |
Vj Invest As | Company | 2.3% | 2.3% | 2024 |
| Individual | 1.9% | 1.9% | 2022 | |
| Individual | 1.7% | 1.7% | 2022 | |
Caceis Bank | Company | 1.5% | 1.5% | 2024 |
Varner Equities As | Company | 1.4% | 1.4% | 2024 |
Verdipapirfondet Dnb Smb | Company | 1.4% | 1.4% | 2024 |
Citibank, N.A. | Company | 1.3% | 1.3% | 2024 |
| Individual | 1.3% | 1.3% | 2022 | |
Verdipapirfondet Fondsfinans Norge | Company | 1.2% | 1.2% | 2024 |
Verdipapirfondet Klp Aksjenorge Indeks | Company | 1.1% | 1.1% | 2024 |
The Northern Trust Comp, London Br | Company | 1.1% | 1.1% | 2024 |
Jpmorgan Chase Bank, N.A., London | Company | 1.1% | 1.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KITRON ASA 
KITRON ASBoard members of KITRON ASA also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jarle Larsen | Deputy Member | 0 companies |
| Torunn Lofstad | Deputy Member | 0 companies |
| Cathrine Søndeland | Deputy Member | 0 companies |
| Vidar Hushovd | Deputy Member | 0 companies |
| Andrea-Sofie Berli-Rutgerson | Deputy Member | 0 companies |
| Elisabeth Jacobsen | Deputy Member | 0 companies |
| Mads Bech-Willumstad | Deputy Member | 0 companies |
| Kirsti Lund | Deputy Member | 0 companies |
| Lars Peter Nilsson | Chief Executive Officer | 0 companies |
| Henrik Bjørn Bøgh | Deputy Member | 0 companies |
| Henriette Stene | Deputy Member | 0 companies |
| Kristen Totland | Deputy Member | 0 companies |
| Espen Gundersen | Board of Directors | 0 companies |
| Maalfrid Brath | Board of Directors | 0 companies |
| Tanja Rørheim | Board of Directors | 0 companies |
| Bjørn Martin Gottschlich | Board of Directors | 0 companies |
| Gyrid Skalleberg Ingerø | Board of Directors | 0 companies |
| Geir Runge Vedøy | Board of Directors | 0 companies |
| Tuomo Juhani Lähdesmäki | Chairman | 0 companies |
| Ann Petra Carolina Grandinson | Board of Directors | 0 companies |
| Håkon Ljøstad | Board of Directors | 0 companies |
| Gro Merete Brækken | Deputy Chairman | 0 companies |
| Christian Jebsen | Board of Directors | 0 companies |
| Tone Aas | Board of Directors | 0 companies |
| Michael Lundgaard Thomsen | Board of Directors | 0 companies |
| Ingjerd Livollen | Board of Directors | 0 companies |