HYTECH AS • 989199048 • Klepp stasjon • Employment activities

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HYTECH AS

Keywords

mediationemployeeslimited timetemp agency

Organization

CEO: KE
Kenneth Erga1970
Chairman of the board: KE
Kenneth Erga1970
Years since formation: 18 years; since Jan 14, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 4,100; 1 share class
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2023: 940,742; NOK
Annual total result 2023: -78,223; NOK
Total equity 2023: 20,401,891; NOK

Last update: Sep 3, 2024

Management

Management / administration

Name	Role	Shares
KE Kenneth Erga 1970	Managing Director/CEO	55 % directly

Board

Name	Role	Shares
KE Kenneth Erga 1970	Chairman	55 % directly
CE Cato Erga 1976	Alternate Member	45 % directly

Others

Name	Role	Shares
E ERGA REVISJON AS	Auditor	-
P PRE SOLUTIONS AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KE Kenneth Erga 1970	Managing Director/CEO, Chairman	55 % directly
CE Cato Erga 1976	Alternate Member	45 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
KE Kenneth Erga 1970	Ordinary shares	2,255	55 %
CE Cato Erga 1976	Ordinary shares	1,845	45 %

Shares owned by the HYTECH AS

Name	Share class	Number of shares	Share
H HYTECH TRADING AS	Ordinary shares	2,400	100 %
H HYTECH RENTAL AS	Ordinary shares	500	100 %
R REFUEL JV 270 AS	Ordinary shares	1,500,000	100 %
H HYTECH ACCESS & INSPECTION AS	Ordinary shares	1,000,000	100 %
H HYTECH CONSULTANTS AS	Ordinary shares	30,000	100 %
H HYTECH ENGINEERING & SERVICES AS	Ordinary shares	400	100 %
H HYTECH PERSONELL AS	Ordinary shares	200	100 %
H HYTECH ENERGY SERVICES AS	Ordinary shares	10,000	100 %
B BR. ERGA AS	Ordinary shares	1,000	100 %
N NORSE CUTTING AS	A-shares	320,000	35.15 %
M MTD NORDIC AS	Ordinary shares	7,500	20 %
W WELLMEND AS	Ordinary shares	54,492	7.79 %

Last update: May 24, 2024

Group structure

HYTECH AS
Total operating income 2023: NOK 940,742
Operating profit 2023: NOK -2,826,574
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	940,742	4,498,467	3,225,404
Annual Total Result	-78,223	-6,337,162	5,446,396
Total assets	23,353,773	27,269,070	36,348,765
Total liabilities	2,951,882	6,788,956	9,530,489
Total equity	20,401,891	20,480,114	26,818,276

P&L

Year	2023	2022	2021
Total operating income	940,742	4,498,467	3,225,404
Total operating costs	3,767,316	4,734,773	2,729,453
Operating result	-2,826,574	-236,306	495,951
Financial income/costs	2,743,015	-5,317,452	6,270,237
Profit before tax	-83,559	-5,553,758	6,766,188
Total tax & extraordinary income/cost	-5,336	783,404	1,319,792
Annual Total Result	-78,223	-6,337,162	5,446,396

Balance overview

Year	2023	2022	2021
Total fixed assets	13,673,367	13,532,767	19,013,401
Total current assets	9,680,406	13,736,303	17,335,364
Total assets	23,353,773	27,269,070	36,348,765
Short term debt	2,274,376	5,198,092	7,474,226
Long term debt	677,506	1,590,864	2,056,263
Total liabilities	2,951,882	6,788,956	9,530,489
Contributed capital	3,239,756	3,239,756	3,239,756
Retained earnings	17,162,135	17,240,358	23,578,520
Total equity	20,401,891	20,480,114	26,818,276
Total equity and liabilities	23,353,773	27,269,070	36,348,765

Classification

Category

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

N

Main industrial area

Administrative and support service activities

78

Activity

Employment activities

78.2

Main industrial group

Temporary employment agency activities

78.20

Industrial group

Temporary employment agency activities

78.200

Industrial group

Temporary employment agency activities