Riskpilot← Back to searchSign inGet full accessWITEC AS
ASActiveOrg 994061100Postvegen 610, 4351 KleppeWholesale of mining, construction and civil engineering machinery · NACE 4663Est. 20095 employees
Revenue 2024
NOK 47M
+72% vs 2023
EBITDA margin
23.4%
+100% vs 2023
Equity ratio
22.0%
Financial strength
Net profit 2024
NOK 8,5M
+106% vs 2023
| Revenue | NOK 47M | +72% |
| EBITDA | NOK 11M | +100% |
| Net profit | NOK 8,5M | +106% |
| Total assets | NOK 22,2M | +46% |
| Equity | NOK 4,9M | +11% |
| Employees | 5 | — |
Legal name
WITEC AS
Org number
994061100
Legal form
Aksjeselskap
NACE code
4663 · Wholesale of mining, construction and civil engineering machinery
Founded
9. mai 2009
Share capital
NOK 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Company purpose
Handel og service med utstyr og maskiner for industri og oljevirksomheten, med tilhørende teknisk konsulentvirksomhet. Også kunne delta i lignende selskap med samme formål.
Address
Postvegen 610, 4351 Kleppe
Phone
+4790938096
Email
post@witec.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6 173 | 5 558 | 5 001 | 12 029 | 9 716 | 12 782 | 9 819 | 14 225 | 22 517 | 27 344 | 46 970 |
| Staff expenses | −415 | −767 | −729 | −1 020 | −1 176 | −1 350 | −1 748 | −2 852 | −2 859 | −2 862 | −4 454 |
| EBITDA | 1 184 | 1 371 | 427 | 2 526 | 955 | 1 575 | 909 | 332 | 5 196 | 5 474 | 10 975 |
| Depreciation & amort. | −21 | −26 | −27 | −19 | −11 | −8 | −8 | −18 | −42 | −53 | −103 |
| EBIT | 1 162 | 1 344 | 400 | 2 507 | 944 | 1 567 | 901 | 313 | 5 154 | 5 421 | 10 872 |
| Net financials | −112 | −24 | −10 | −41 | −56 | −133 | 23 | −42 | −188 | −152 | −4 |
| Profit before tax | 1 050 | 1 320 | 390 | 2 466 | 888 | 1 434 | 924 | 271 | 4 966 | 5 269 | 10 868 |
| Tax | 284 | 359 | 99 | 593 | 208 | 318 | 206 | 280 | 883 | 1 163 | 2 394 |
| Net profit | 766 | 961 | 291 | 1 873 | 681 | 1 116 | 717 | −9 | 4 083 | 4 107 | 8 474 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 5 344 | 6 223 | 5 280 | 9 708 | 7 461 | 8 531 | 8 991 | 8 468 | 11 889 | 15 187 | 22 180 |
| Equity | 3 557 | 3 789 | 3 893 | 4 625 | 4 613 | 4 614 | 215 | 207 | 4 290 | 4 396 | 4 871 |
| Long-term debt | 575 | 0 | 188 | 167 | 212 | 73 | 5 873 | 5 873 | 4 701 | 3 524 | 2 374 |
| Short-term debt | 1 212 | 2 434 | 1 199 | 4 916 | 2 636 | 3 844 | 2 903 | 2 388 | 2 897 | 7 266 | 14 935 |
| Total debt | 1 787 | 2 434 | 1 387 | 5 083 | 2 848 | 3 917 | 8 776 | 8 261 | 7 599 | 10 791 | 17 309 |
EBITDA margin
23.4%
This company
15.8%
Market median
+48% vs market
20142024
Equity ratio
22.0%
This company
38.2%
Market median
-42% vs market
20142024
Return on equity
174.0%
This company
18.4%
Market median
+846% vs market
20142024
Net profit margin
18.0%
This company
8.1%
Market median
+122% vs market
20142024
Asset turnover
2.12×
This company
1.12×
Market median
+89% vs market
20142024
Debt / equity
3.55×
This company
0.62×
Market median
-473% vs market
20142024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KW Chief Executive Officer | Chief Executive Officer | 2009 | — | — |
EA Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
OW Deputy Member | Deputy Member | 2009 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2023 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Evxg Eiendom As | Company | 60.0% | 60.0% | 2024 |
Ineed As | Company | 25.0% | 25.0% | 2024 |
Till As | Company | 10.0% | 10.0% | 2024 |
Fredo Holding As | Company | 10.0% | 10.0% | 2022 |
| Individual | 5.0% | 5.0% | 2022 | |
| Individual | 5.0% | 5.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of WITEC AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kurt Wiig | Chief Executive Officer | 0 companies |
| Espen Auestad | Chief Executive Officer | 0 companies |
| Oddmund Wiig | Deputy Member | 0 companies |
| Bjørn Tore Lien | Board of Directors | 0 companies |
| Kenneth Thunheim | Board of Directors | 0 companies |
| Thomas Aunvik | Chairman | 0 companies |
| Kjetil Storhaug Njærheim | Chairman | 0 companies |
| Thomas Nærland | Board of Directors | 0 companies |