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LITEC AS
AS
Active
Org 988591181
Ringshaugveien 102, 3150 Tolvsrød
Rental and operating of own or leased real estate · NACE 6820
Est. 2005
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 750K
+6% vs 2023
EBITDA margin
-25.2%
-143% vs 2023
Equity ratio
99.4%
Financial strength
Net profit 2024
NOK 404K
-43% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
2M
+200%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 750K
+6%
EBITDA
NOK -189K
-143%
Net profit
NOK 404K
-43%
Total assets
NOK 22,7M
+1%
Equity
NOK 22,6M
+2%
Employees
0
—
Company information
Legal name
LITEC AS
Org number
988591181
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
21. september 2005
Share capital
NOK 290 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kjøp og salg av aksjer, investering i fast eiendom, samt deltagelse i andre virksomheter.
Contact
Address
Ringshaugveien 102, 3150 Tolvsrød
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Tønsberg
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
2M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
597
2 206
725
705
750
Staff expenses
−0
−0
−0
−0
−0
EBITDA
159
1 978
488
435
−189
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
159
1 978
488
435
−189
Net financials
295
1 095
226
390
612
Profit before tax
455
3 072
714
826
424
Tax
−0
225
84
121
20
Net profit
455
2 848
630
705
404
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
27 330
29 487
29 147
22 430
22 741
Equity
20 023
22 270
21 501
22 205
22 609
Long-term debt
6 465
6 204
5 942
0
0
Short-term debt
843
1 014
1 704
225
132
Total debt
7 307
7 217
7 647
225
132
Financial ratios
5-year trend
EBITDA margin
-25.2%
This company
15.8%
Market median
-259% vs market
2020
2024
Equity ratio
99.4%
This company
38.2%
Market median
+160% vs market
2020
2024
Return on equity
1.8%
This company
18.4%
Market median
-90% vs market
2020
2024
Net profit margin
53.8%
This company
8.1%
Market median
+564% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% 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)
VT
Vigdis Tveitan Lien
Deputy Member
Deputy Member
2005
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RL
Reidar Lien
Chairman
2005
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.
Learn more
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Company hierarchy
LITEC AS
(this company)
MODERN SOCIETY AS
TRENDCO AS
Board network connections
Board members of LITEC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Vigdis Tveitan Lien
Deputy Member
0 companies
Reidar Lien
Chairman
0 companies