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GEA TECH NORGE AS
AS
Active
Org 982290929
Radarveien 82, 1152 Oslo
Wholesale of other machinery and equipment · NACE 4664
Est. 2000
2 employees
www.geatech.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 37,3M
+126% vs 2023
EBITDA margin
8.5%
+433% vs 2023
Equity ratio
49.0%
Financial strength
Net profit 2024
NOK 2,3M
+369% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
3M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 37,3M
+126%
EBITDA
NOK 3,2M
+433%
Net profit
NOK 2,3M
+369%
Total assets
NOK 5,3M
+23%
Equity
NOK 2,6M
+622%
Employees
2
—
Company information
Legal name
GEA TECH NORGE AS
Org number
982290929
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
7. september 2000
Share capital
NOK 143 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Company purpose
Handel og deltakelse i annen næringsvirksomhet.
Contact
Address
Radarveien 82, 1152 Oslo
Website
www.geatech.no
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Companies in Wholesale of other machinery and equipment
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
11M
21M
32M
43M
10M
2020
13M
2021
8M
2022
17M
2023
37M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
0M
2022
1M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 688
12 560
8 364
16 554
37 339
Staff expenses
−1 832
−1 853
−1 051
−1 786
−1 558
EBITDA
−439
−221
202
594
3 164
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−439
−221
202
594
3 164
Net financials
−101
−31
−121
−113
−301
Profit before tax
−540
−252
81
480
2 863
Tax
−33
−0
−0
−0
612
Net profit
−507
−252
81
480
2 251
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 171
1 838
1 353
4 339
5 329
Equity
343
91
172
362
2 613
Long-term debt
0
0
0
0
0
Short-term debt
1 828
1 747
1 182
3 977
2 716
Total debt
1 828
1 747
1 182
3 977
2 716
Financial ratios
5-year trend
EBITDA margin
8.5%
This company
15.8%
Market median
-46% vs market
2020
2024
Equity ratio
49.0%
This company
38.2%
Market median
+28% vs market
2020
2024
Return on equity
86.1%
This company
18.4%
Market median
+368% vs market
2020
2024
Net profit margin
6.0%
This company
8.1%
Market median
-26% vs market
2020
2024
Asset turnover
7.01×
This company
1.12×
Market median
+526% vs market
2020
2024
Debt / equity
1.04×
This company
0.62×
Market median
-68% 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
Former (1)
JH
Jorunn Henny Fragge
Deputy Member
Deputy Member
2011 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TT
Tor Tørjesen
Chairman
2025
JF
Jørn Fragge
Board of Directors
2025
Former (1)
JF
Jarl Fragge
Chairman
2011 – 2025
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 GEA TECH NORGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jorunn Henny Fragge
Deputy Member
0 companies
Tor Tørjesen
Chairman
0 companies
Jørn Fragge
Board of Directors
0 companies
Jarl Fragge
Chairman
0 companies