Loading company…
Riskpilot
← Back to search
Sign in
Get full access
CIT HOLDING AS
AS
Active
Org 980173860
Flundrevågsvegen 23, 5947 Fedje
Rental and leasing of water transport equipment · NACE 7734
Est. 1998
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8M
+351% vs 2023
EBITDA margin
-28.2%
+46% vs 2023
Equity ratio
99.0%
Financial strength
Net profit 2024
NOK -2,6M
+43% vs 2023
EBITDA — year on year
NOK millions
0M
-1M
-3M
-4M
-5M
0M
2020
-3M
-300%
2021
-2M
+33%
2022
-4M
-100%
2023
-2M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 8M
+351%
EBITDA
NOK -2,2M
+46%
Net profit
NOK -2,6M
+43%
Total assets
NOK 22,6M
-13%
Equity
NOK 22,3M
-10%
Employees
1
—
Company information
Legal name
CIT HOLDING AS
Org number
980173860
Legal form
Aksjeselskap
NACE code
7734 · Rental and leasing of water transport equipment
Founded
29. september 1998
Share capital
NOK 120 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styreleiar åleine.
Company purpose
Konsulent- og meglarverksemd, samt investering i andre selskap.
Contact
Address
Flundrevågsvegen 23, 5947 Fedje
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and leasing of water transport equipment
Companies in Fedje
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
1M
2020
1M
2021
9M
2022
2M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
-3M
2021
-2M
2022
-4M
2023
-2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
932
1 088
9 449
1 764
7 954
Staff expenses
−307
−335
−591
−1 229
−2 085
EBITDA
32
−2 679
−2 197
−4 170
−2 241
Depreciation & amort.
−303
−603
−674
−722
−648
EBIT
−272
−3 282
−2 871
−4 892
−2 889
Net financials
251
3 744
4 006
306
290
Profit before tax
−21
461
1 135
−4 585
−2 598
Tax
−0
−0
−0
−0
−0
Net profit
−21
461
1 135
−4 585
−2 598
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
29 516
29 446
32 017
25 868
22 570
Equity
29 416
28 377
29 512
24 927
22 348
Long-term debt
0
0
0
0
0
Short-term debt
100
1 069
2 505
941
222
Total debt
100
1 069
2 505
941
222
Financial ratios
5-year trend
EBITDA margin
-28.2%
This company
15.8%
Market median
-278% vs market
2020
2024
Equity ratio
99.0%
This company
38.2%
Market median
+159% vs market
2020
2024
Return on equity
-11.6%
This company
18.4%
Market median
-163% vs market
2020
2024
Net profit margin
-32.7%
This company
8.1%
Market median
-504% vs market
2020
2024
Asset turnover
0.35×
This company
1.12×
Market median
-69% vs market
2020
2024
Debt / equity
0.01×
This company
0.62×
Market median
+98% 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)
CT
Christian Tangen
Deputy Member
Deputy Member
2006
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
IT
Idar Tangen
Chairman
2006
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Marianne Tangen
Individual
10%
10%
2024
Linn Tangen
Individual
10%
10%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
CIT HOLDING AS
(this company)
FJORDCOD FARMING AS
Genesis Holding As
NORDVIK FISKEOPPDRETT AS
FIRST CARE AS
YTRE ARNA EIENDOM AS
Board network connections
Board members of CIT HOLDING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Christian Tangen
Deputy Member
0 companies
Idar Tangen
Chairman
0 companies