IEC TELECOM NORWAY AS
Unparalleled Satellite Communication Systems - IEC Telecom
IEC Telecom is an international satellite service operator. We enable digitalisation for the maritime industry and remote units on land. Get in touch today!
Organization
- Chairman of the board
- Years since formation
- 20 years
- since Feb 28, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 3
- 1 company, 2 persons
Financials
- Total operating income 2024
- 79,320,707
- NOK
- Annual total result 2024
- 3,437,930
- NOK
- Total equity 2024
- 4,730,545
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
AS | Contact Person, Board Member | 34 % indirectly |
| Chairman | - | |
SI | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AS | Contact Person, Board Member | 34 % indirectly |
TM 1976 | - | 6 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 60 | 60 % | |
| Ordinary shares | 34 | 34 % | |
TM 1976 | Ordinary shares | 6 | 6 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 79,320,707 | 54,619,247 | 32,774,838 | 26,832,135 |
Annual Total Result | 3,437,930 | 2,717,547 | 278,848 | 488,724 |
Total assets | 21,928,273 | 13,166,868 | 9,463,153 | 6,081,772 |
Total liabilities | 17,197,728 | 10,224,253 | 8,238,086 | 5,135,552 |
Total equity | 4,730,545 | 2,942,615 | 1,225,067 | 946,220 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 79,320,707 | 54,619,247 | 32,774,838 | 26,832,135 |
Total operating costs | 73,992,608 | 51,028,130 | 32,244,825 | 25,991,891 |
Operating result | 5,328,099 | 3,591,118 | 530,012 | 840,244 |
Financial income/costs | -887,288 | -82,979 | -167,168 | -227,024 |
Profit before tax | 4,440,810 | 3,508,139 | 362,845 | 613,219 |
Total tax & extraordinary income/cost | 1,002,880 | 790,592 | 83,997 | 124,495 |
Annual Total Result | 3,437,930 | 2,717,547 | 278,848 | 488,724 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 232,650 | 3,700 | 3,700 | 3,700 |
Total current assets | 21,695,623 | 13,163,168 | 9,459,453 | 6,078,072 |
Total assets | 21,928,273 | 13,166,868 | 9,463,153 | 6,081,772 |
Short term debt | 17,197,728 | 10,224,253 | 8,238,086 | 5,135,552 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 17,197,728 | 10,224,253 | 8,238,086 | 5,135,552 |
Contributed capital | 270,000 | 270,000 | 270,000 | 270,000 |
Retained earnings | 4,460,545 | 2,672,615 | 955,067 | 676,220 |
Total equity | 4,730,545 | 2,942,615 | 1,225,067 | 946,220 |
Total equity and liabilities | 21,928,273 | 13,166,868 | 9,463,153 | 6,081,772 |
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