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HITEC PROFESSIONAL CYCLING AS
AS
Active
Org 994240900
Myrengveien 6, 4330 Ålgård
Activities of sports clubs · NACE 9312
Est. 2009
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,9M
-6% vs 2023
EBITDA margin
-13.7%
+66% vs 2023
Equity ratio
-992.9%
Financial strength
Net profit 2024
NOK -526K
+66% vs 2023
EBITDA — year on year
NOK millions
1M
0M
-1M
-2M
-3M
0M
2020
0M
0%
2021
1M
+100%
2022
-2M
-300%
2023
-1M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 3,9M
-6%
EBITDA
NOK -538K
+66%
Net profit
NOK -526K
+66%
Total assets
NOK 113K
-56%
Equity
NOK -1,1M
-88%
Employees
0
—
Company information
Legal name
HITEC PROFESSIONAL CYCLING AS
Org number
994240900
Legal form
Aksjeselskap
NACE code
9312 · Activities of sports clubs
Founded
22. juni 2009
Share capital
NOK 5 790 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Drift av profesjonelt damesykkellag.
Contact
Address
Myrengveien 6, 4330 Ålgård
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Explore
Companies in Activities of sports clubs
Companies in Gjesdal
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
2M
2020
2M
2021
6M
2022
4M
2023
4M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
1M
2022
-2M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 604
2 354
5 549
4 206
3 938
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−101
−98
583
−1 591
−538
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−101
−98
583
−1 591
−538
Net financials
2
−2
3
21
11
Profit before tax
−99
−100
586
−1 570
−526
Tax
−0
−0
−0
−0
−0
Net profit
−99
−100
586
−1 570
−526
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
262
32
1 319
260
113
Equity
−5 002
−5 102
−4 516
−596
−1 122
Long-term debt
4 599
5 111
5 507
852
1 227
Short-term debt
665
23
328
4
9
Total debt
5 264
5 134
5 835
856
1 235
Financial ratios
5-year trend
EBITDA margin
-13.7%
This company
15.8%
Market median
-187% vs market
2020
2024
Equity ratio
-992.9%
This company
38.2%
Market median
-2699% vs market
2020
2024
Return on equity
-52646100.0%
This company
18.4%
Market median
-286120209% vs market
2020
2024
Net profit margin
-13.4%
This company
8.1%
Market median
-265% vs market
2020
2024
Asset turnover
34.84×
This company
1.12×
Market median
+3011% vs market
2020
2024
Debt / equity
1.10×
This company
0.62×
Market median
-77% 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)
TH
Tone Hatteland Lima
Deputy Member
Deputy Member
2009
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KL
Karl Lima
Chairman
2009
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
No registered parent or subsidiaries
Board network connections
Board members of HITEC PROFESSIONAL CYCLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tone Hatteland Lima
Deputy Member
0 companies
Karl Lima
Chairman
0 companies