Utel AS is a Norwegian AS based in Grimstad, operating in the Other software publishing sector. Incorporated in 1998, the company has 13 employees and reported revenue of NOK 4.7m in its latest annual filing.
In its most recent annual report (2024), Utel AS reported revenue of NOK 4.7m, a decrease of 3% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of NOK 2.9m, and the EBITDA margin stood at -17.8%.
At the end of 2024, equity financed 22.3% of the balance sheet, and current assets covered short-term debt 0.9 times.
Frequently asked questions
What is the Org number of Utel AS?
Utel AS is registered with Brønnøysundsregistrene under Org 980099741.
What is the revenue of Utel AS?
Utel AS reported revenue of NOK 4.7m in 2024.
How many employees does Utel AS have?
Utel AS employs 13 people as of the latest annual report.
Who is the CEO of Utel AS?
Monica Jill Vaksdal is the CEO of Utel AS, in role since 2024.
Who is the chairman of Utel AS?
Håkon Ryan Tanem chairs the board of Utel AS, in role since 2025.
Where is Utel AS headquartered?
Utel AS's registered address is Jon Lilletuns Vei 1, 4879 Grimstad.
