ELTECO AS
Organization
- CEO
- OB
Olav Bakken1963
- Chairman of the board
- Years since formation
- 20 years
- since Sep 22, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 23
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2025
- 155,754,260
- NOK
- Annual total result 2025
- 21,913,939
- NOK
- Total equity 2025
- 22,068,001
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OB 1963 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - | |
OB 1963 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Oct 12, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 200 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 155,754,260 | 169,753,502 | 147,935,465 | 115,559,535 |
Annual Total Result | 21,913,939 | 25,433,270 | 17,369,331 | 11,902,508 |
Total assets | 88,037,711 | 96,456,688 | 77,814,679 | 58,590,158 |
Total liabilities | 65,969,710 | 72,323,626 | 58,366,887 | 45,162,698 |
Total equity | 22,068,001 | 24,133,061 | 19,447,791 | 13,427,460 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 155,754,260 | 169,753,502 | 147,935,465 | 115,559,535 |
Total operating costs | 128,816,787 | 137,162,269 | 125,105,942 | 99,884,896 |
Operating result | 26,937,473 | 32,591,233 | 22,829,523 | 15,674,639 |
Financial income/costs | 1,195,125 | 47,122 | -524,011 | -396,293 |
Profit before tax | 28,132,599 | 32,638,355 | 22,305,512 | 15,278,346 |
Total tax & extraordinary income/cost | 6,218,660 | 7,205,085 | 4,936,181 | 3,375,838 |
Annual Total Result | 21,913,939 | 25,433,270 | 17,369,331 | 11,902,508 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 319,650 | 341,167 | 347,328 | 328,486 |
Total current assets | 87,718,061 | 96,115,521 | 77,467,351 | 58,261,672 |
Total assets | 88,037,711 | 96,456,688 | 77,814,679 | 58,590,158 |
Short term debt | 65,969,710 | 72,323,626 | 58,366,887 | 45,162,698 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 65,969,710 | 72,323,626 | 58,366,887 | 45,162,698 |
Contributed capital | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
Retained earnings | 20,068,001 | 22,133,061 | 17,447,791 | 11,427,460 |
Total equity | 22,068,001 | 24,133,061 | 19,447,791 | 13,427,460 |
Total equity and liabilities | 88,037,711 | 96,456,687 | 77,814,678 | 58,590,158 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises