INIT NORWAY AS
Operating
Init - Industrial It & Automation - The future of it & automation
Eksperter inden for automatisering, digitalisering, infrastruktur og industriteknik. Vi sikrer det rigtige resultat for din virksomhed.
Konsulent- og engineeringsvirksomhet innenfor området prosess, energi
og miljø, samt leveranser av elektro og automatiseringssystemer.
Engineeringstjenester og komplette leveranser innenfor området
elektroteknikk og automatisering av prosessanlegg.
Keywords
engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting
Organization
- CEO
- AR
Alexander Risøy1979
- Chairman of the board
- KA
Knut Akselvoll1962
- Years since formation
- 29 years
- since Mar 20, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 26
Ownership
- Number of shares and share classes
- 87,650
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2025
- 52,248,045
- NOK
- Annual total result 2025
- -10,562,059
- NOK
- Total equity 2025
- 100,091,113
- NOK
Last update: Jul 23, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AR 1979 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
KA 1962 | Chairman | - |
AR 1979 | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Sep 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 87,650 | 100 % |
Shares owned by the INIT NORWAY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000,000 | 100 % | |
N Closed | Ordinary shares | 100 | 100 % |
A Closed | Ordinary shares | 3,100,000 | 100 % |
| NO0010234552 | 23 | < 0.01 % | |
| NO0005052605 | 456 | < 0.01 % | |
| NO0010096985 | 321 | < 0.01 % | |
| NO0010208051 | 70 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 52,248,045Operating profit 2025: NOK -2,134,052Employees: 26
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 52,248,045 | 71,938,422 | 42,564,344 | 39,929,643 | 35,984,275 |
Annual Total Result | -10,562,059 | 18,558,969 | 10,792,922 | 8,043,645 | 6,537,677 |
Total assets | 153,547,117 | 188,614,598 | 79,602,485 | 74,088,034 | 43,235,927 |
Total liabilities | 53,456,004 | 70,864,278 | 33,649,519 | 61,485,050 | 35,424,789 |
Total equity | 100,091,113 | 117,750,320 | 45,952,966 | 12,602,985 | 7,811,138 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 52,248,045 | 71,938,422 | 42,564,344 | 39,929,643 | 35,984,275 |
Total operating costs | 54,382,097 | 53,940,367 | 35,804,630 | 29,926,784 | 28,248,512 |
Operating result | -2,134,052 | 17,998,055 | 6,759,714 | 10,002,859 | 7,735,762 |
Financial income/costs | -5,753,198 | 6,376,844 | 6,999,424 | 416,057 | 666,664 |
Profit before tax | -7,887,250 | 24,374,899 | 13,759,138 | 10,418,917 | 8,402,426 |
Total tax & extraordinary income/cost | 2,674,809 | 5,815,930 | 2,966,216 | 2,375,272 | 1,864,749 |
Annual Total Result | -10,562,059 | 18,558,969 | 10,792,922 | 8,043,645 | 6,537,677 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 95,368,030 | 143,059,914 | 49,437,427 | 49,130,672 | 31,859,868 |
Total current assets | 58,179,087 | 45,554,683 | 30,165,058 | 24,957,362 | 11,376,059 |
Total assets | 153,547,117 | 188,614,598 | 79,602,485 | 74,088,034 | 43,235,927 |
Short term debt | 42,928,894 | 62,092,773 | 22,221,318 | 37,261,367 | 23,184,388 |
Long term debt | 10,527,109 | 8,771,505 | 11,428,201 | 24,223,683 | 12,240,400 |
Total liabilities | 53,456,004 | 70,864,278 | 33,649,519 | 61,485,050 | 35,424,789 |
Contributed capital | 100,091,113 | 117,750,320 | 45,952,966 | 12,602,985 | 1,655,800 |
Retained earnings | 0 | 0 | 0 | 0 | 6,155,338 |
Total equity | 100,091,113 | 117,750,320 | 45,952,966 | 12,602,985 | 7,811,138 |
Total equity and liabilities | 153,547,117 | 188,614,598 | 79,602,485 | 74,088,034 | 43,235,927 |
Classification
21st company classification
BETA
Small company
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
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy