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HETLAND ELEKTRO AS
AS
Active
Org 979743238
Hamnorshagaveien 58, 3530 Røyse
Electrical installation · NACE 4321
Est. 1998
4 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,6M
-16% vs 2023
EBITDA margin
5.6%
-56% vs 2023
Equity ratio
48.2%
Financial strength
Net profit 2024
NOK 281K
-59% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 8,6M
-16%
EBITDA
NOK 480K
-56%
Net profit
NOK 281K
-59%
Total assets
NOK 2,3M
-22%
Equity
NOK 1,1M
+33%
Employees
4
—
Company information
Legal name
HETLAND ELEKTRO AS
Org number
979743238
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
20. mars 1998
Share capital
—
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Hamnorshagaveien 58, 3530 Røyse
Phone
+4791189355
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Revenue
NOK millions
0M
3M
6M
9M
13M
7M
2020
9M
2021
11M
2022
10M
2023
9M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
7 289
8 646
10 837
10 280
8 602
Staff expenses
−3 165
−3 613
−3 467
−3 369
−3 380
EBITDA
766
814
842
1 090
480
Depreciation & amort.
−58
−111
−159
−160
−170
EBIT
708
703
684
930
310
Net financials
−15
−15
−26
−27
−29
Profit before tax
693
688
658
903
281
Tax
189
190
190
219
−0
Net profit
504
498
468
684
281
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 300
2 925
2 761
3 003
2 336
Equity
595
643
660
844
1 125
Long-term debt
0
415
330
243
107
Short-term debt
1 705
1 867
1 771
1 916
1 104
Total debt
1 705
2 282
2 101
2 159
1 211
Financial ratios
5-year trend
EBITDA margin
5.6%
This company
15.8%
Market median
-65% vs market
2020
2024
Equity ratio
48.2%
This company
38.2%
Market median
+26% vs market
2020
2024
Return on equity
25.0%
This company
18.4%
Market median
+36% vs market
2020
2024
Net profit margin
3.3%
This company
8.1%
Market median
-59% vs market
2020
2024
Asset turnover
3.68×
This company
1.12×
Market median
+229% vs market
2020
2024
Debt / equity
1.08×
This company
0.62×
Market median
-74% 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)
TH
Tone Hetland
Deputy Member
Deputy Member
2006
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
SG
Steffen Gomnes
Board of Directors
2006
MH
Morten Hetland
Chairman
2006
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.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HETLAND ELEKTRO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tone Hetland
Deputy Member
0 companies
Steffen Gomnes
Board of Directors
0 companies
Morten Hetland
Chairman
0 companies