VELTEC AS
Keywords
installationelectrical installations
Organization
- CEO
- GN
Gert Nielsen1969
- Chairman of the board
- PB
- Years since formation
- 14 years
- since Nov 8, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 84
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 184,145,783
- NOK
- Annual total result 2024
- 8,078,488
- NOK
- Total equity 2024
- 53,351,442
- NOK
Last update: Jul 8, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GN 1969 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ML | Board Member | - |
OD | Board Member | - |
TD | Board Member | - |
PB | Chairman | - |
DM | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Feb 11, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 184,145,783 | 395,494,537 | 410,303,570 | 352,702,374 |
Annual Total Result | 8,078,488 | 18,777,226 | 18,354,092 | 18,439,915 |
Total assets | 94,801,313 | 158,481,335 | 156,774,874 | 165,666,007 |
Total liabilities | 41,449,871 | 56,235,880 | 73,306,646 | 100,551,870 |
Total equity | 53,351,442 | 102,245,455 | 83,468,229 | 65,114,137 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 184,145,783 | 395,494,537 | 410,303,570 | 352,702,374 |
Total operating costs | 176,619,417 | 371,970,380 | 388,931,805 | 334,304,193 |
Operating result | 7,526,366 | 23,524,157 | 21,371,764 | 18,398,181 |
Financial income/costs | 2,847,772 | 566,113 | 169,261 | 41,734 |
Profit before tax | 10,374,138 | 24,090,270 | 21,541,026 | 18,439,915 |
Total tax & extraordinary income/cost | 2,295,650 | 5,313,044 | 3,186,934 | 0 |
Annual Total Result | 8,078,488 | 18,777,226 | 18,354,092 | 18,439,915 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 892,417 | 292,241 | 414,072 | 703,641 |
Total current assets | 93,908,895 | 158,189,093 | 156,360,802 | 164,962,366 |
Total assets | 94,801,313 | 158,481,335 | 156,774,874 | 165,666,007 |
Short term debt | 41,180,462 | 55,849,488 | 72,343,753 | 100,551,870 |
Long term debt | 269,409 | 386,392 | 962,893 | 0 |
Total liabilities | 41,449,871 | 56,235,880 | 73,306,646 | 100,551,870 |
Contributed capital | 7,400,100 | 7,400,100 | 7,400,100 | 7,400,100 |
Retained earnings | 45,951,342 | 94,845,355 | 76,068,129 | 57,714,037 |
Total equity | 53,351,442 | 102,245,455 | 83,468,229 | 65,114,137 |
Total equity and liabilities | 94,801,313 | 158,481,335 | 156,774,874 | 165,666,007 |
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation