ITELECOM AS
Organization
- CEO
- LO
Lars Olav Mørch1972
- Chairman of the board
- LO
Lars Olav Mørch1972
- Years since formation
- 23 years
- since Jan 3, 2002
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 102,000
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Annual total result 2024
- -4,792,100
- NOK
- Total equity 2024
- 2,929,556
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LO 1972 | Managing Director/CEO | 61 % directly |
Board
| Name | Role | Shares |
|---|---|---|
LO 1972 | Chairman | 61 % directly |
CØ | Board Member | 35 % directly |
KB | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LO 1972 | Managing Director/CEO, Chairman | 61 % directly |
CØ | Board Member | 35 % directly |
SJ | - | 4 % directly |
Last update: Jan 26, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
LO 1972 | Ordinary shares | 62,220 | 61 % |
CØ | Ordinary shares | 35,700 | 35 % |
SJ | Ordinary shares | 4,080 | 4 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 123,143 |
Annual Total Result | -4,792,100 | 66,196 | 799,827 |
Total assets | 2,958,647 | 7,890,110 | 8,207,131 |
Total liabilities | 29,092 | 168,454 | 480,187 |
Total equity | 2,929,556 | 7,721,656 | 7,726,945 |
P&L
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 123,143 |
Total operating costs | 162,761 | 254,008 | 690,724 |
Operating result | -162,761 | -254,008 | -567,581 |
Financial income/costs | -4,594,894 | 320,204 | 1,527,491 |
Profit before tax | -4,757,654 | 66,196 | 959,910 |
Total tax & extraordinary income/cost | 34,446 | 0 | 160,083 |
Annual Total Result | -4,792,100 | 66,196 | 799,827 |
Balance overview
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total fixed assets | 150,000 | 150,000 | 143,000 |
Total current assets | 2,808,647 | 7,740,110 | 8,064,131 |
Total assets | 2,958,647 | 7,890,110 | 8,207,131 |
Short term debt | 29,092 | 168,454 | 480,187 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 29,092 | 168,454 | 480,187 |
Contributed capital | 102,000 | 102,000 | 102,000 |
Retained earnings | 2,827,556 | 7,619,656 | 7,624,945 |
Total equity | 2,929,556 | 7,721,656 | 7,726,945 |
Total equity and liabilities | 2,958,647 | 7,890,110 | 8,207,131 |
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