Loading company…
Riskpilot
← Back to search
Sign in
Get full access
ETC ELECTRIC TIME CAR AS
AS
Active
Org 985770476
Ringvegen 26, 2816 Gjøvik
Other software publishing · NACE 5829
Est. 2003
19 employees
www.electrictimecar.com
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 21,2M
+3% vs 2023
EBITDA margin
0.1%
-100% vs 2023
Equity ratio
84.2%
Financial strength
Net profit 2024
NOK 634K
-83% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
1M
2020
2M
+100%
2021
4M
+100%
2022
4M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 21,2M
+3%
EBITDA
NOK 12K
-100%
Net profit
NOK 634K
-83%
Total assets
NOK 22,7M
+1%
Equity
NOK 19,2M
+3%
Employees
19
—
Company information
Legal name
ETC ELECTRIC TIME CAR AS
Org number
985770476
Legal form
Aksjeselskap
NACE code
5829 · Other software publishing
Founded
11. juni 2003
Share capital
NOK 97 520
Employees
19 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene
Company purpose
Persontransport, it utvikling for persontransport og administrasjon.
Contact
Address
Ringvegen 26, 2816 Gjøvik
Phone
+4790101344
Website
www.electrictimecar.com
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 Other software publishing
Companies in Gjøvik
All Norway companies
Revenue
NOK millions
0M
6M
12M
18M
24M
9M
2020
13M
2021
17M
2022
21M
2023
21M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
1M
2020
2M
2021
4M
2022
4M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 084
13 060
16 968
20 643
21 238
Staff expenses
−5 489
−6 532
−8 668
−12 248
−15 718
EBITDA
1 495
2 145
3 885
3 988
12
Depreciation & amort.
−0
−90
−285
−296
−324
EBIT
1 495
2 055
3 600
3 692
−312
Net financials
50
12
51
561
946
Profit before tax
1 544
2 068
3 652
4 253
634
Tax
−0
−0
121
483
−0
Net profit
1 544
2 068
3 531
3 770
634
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
10 801
13 482
18 141
22 513
22 744
Equity
9 255
11 322
3 689
18 521
19 155
Long-term debt
0
0
0
0
0
Short-term debt
1 547
2 160
14 452
3 992
3 589
Total debt
1 547
2 160
14 452
3 992
3 589
Financial ratios
5-year trend
EBITDA margin
0.1%
This company
15.8%
Market median
-99% vs market
2020
2024
Equity ratio
84.2%
This company
38.2%
Market median
+120% vs market
2020
2024
Return on equity
3.3%
This company
18.4%
Market median
-82% vs market
2020
2024
Net profit margin
3.0%
This company
8.1%
Market median
-63% vs market
2020
2024
Asset turnover
0.93×
This company
1.12×
Market median
+17% vs market
2020
2024
Debt / equity
0.19×
This company
0.62×
Market median
+69% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
DS
Dag Solhaug
Chairman
2025
ØF
Øyvind Flatval
Board of Directors
2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Dlsholding As
Company
72.54%
72.54%
2023
Lona Holding As
Company
12.8%
12.8%
2023
Flatval Invest As
Company
6.65%
6.65%
2023
Dag Lorvik Solhaug
Individual
6.31%
6.31%
2023
Tom Ivar Horvei
Individual
1.11%
1.11%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ETC ELECTRIC TIME CAR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Dag Solhaug
Chairman
0 companies
Øyvind Flatval
Board of Directors
0 companies