NITO AS
Organization
- CEO
- TE
Tord Erik Lien1972
- Chairman of the board
- TE
Tord Erik Lien1972
- Years since formation
- 20 years
- since Nov 25, 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
- 2
- persons
Financials
- Total operating income 2024
- 5,298,387
- NOK
- Annual total result 2024
- 1,965,880
- NOK
- Total equity 2024
- 24,142,507
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TE 1972 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TE 1972 | Chairman | 50 % directly |
NH | Alternate Member | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TE 1972 | Managing Director/CEO, Chairman | 50 % directly |
NH | Alternate Member | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
NH | Ordinary shares | 50 | 50 % |
TE 1972 | Ordinary shares | 50 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 5,298,387 | 6,527,153 | 12,577,251 |
Annual Total Result | 1,965,880 | 2,688,510 | 7,419,738 |
Total assets | 30,880,542 | 32,580,180 | 43,703,478 |
Total liabilities | 6,738,035 | 10,403,554 | 24,215,363 |
Total equity | 24,142,507 | 22,176,627 | 19,488,115 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 5,298,387 | 6,527,153 | 12,577,251 |
Total operating costs | 2,298,473 | 2,182,743 | 2,249,411 |
Operating result | 2,999,914 | 4,344,410 | 10,327,840 |
Financial income/costs | -481,331 | -670,514 | -815,333 |
Profit before tax | 2,518,583 | 3,673,896 | 9,512,507 |
Total tax & extraordinary income/cost | 552,703 | 985,386 | 2,092,769 |
Annual Total Result | 1,965,880 | 2,688,510 | 7,419,738 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 30,126,346 | 31,046,873 | 31,752,848 |
Total current assets | 754,195 | 1,533,307 | 11,950,630 |
Total assets | 30,880,542 | 32,580,180 | 43,703,478 |
Short term debt | 1,256,405 | 1,555,934 | 3,740,867 |
Long term debt | 5,481,630 | 8,847,619 | 20,474,496 |
Total liabilities | 6,738,035 | 10,403,554 | 24,215,363 |
Contributed capital | 100,266 | 100,266 | 100,266 |
Retained earnings | 24,042,241 | 22,076,361 | 19,387,849 |
Total equity | 24,142,507 | 22,176,627 | 19,488,115 |
Total equity and liabilities | 30,880,542 | 32,580,180 | 43,703,478 |
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