ØSTTEC AS
Organization
- CEO
- EM
Edgar Moen1970
- Chairman of the board
- FW
Frank Westgård1971
- Years since formation
- 5 years
- since Jun 25, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 400
- 1 share class
- Total number of shareholders
- 4
- 1 company, 3 persons
Financials
- Total operating income 2024
- 5,495,325
- NOK
- Annual total result 2024
- 327,473
- NOK
- Total equity 2024
- 1,077,787
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EM 1970 | Managing Director/CEO | 12.5 % directly |
Board
| Name | Role | Shares |
|---|---|---|
FW 1971 | Chairman | 37.5 % directly |
FS 1974 | Board Member | 38.74 % directly 25 % indirectly 13.74 % |
EM 1970 | Board Member | 12.5 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FS 1974 | Board Member | 38.74 % directly 25 % indirectly 13.74 % |
FW 1971 | Chairman | 37.5 % directly |
EM 1970 | Managing Director/CEO, Board Member | 12.5 % directly |
OM | - | 5.63 % indirectly |
TV 1967 | - | 4.22 % indirectly |
TV | - | 1.41 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
FW 1971 | Ordinary shares | 150 | 37.5 % |
| Ordinary shares | 100 | 25 % | |
FS 1974 | Ordinary shares | 100 | 25 % |
EM 1970 | Ordinary shares | 50 | 12.5 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,495,325 | 4,534,548 | 4,052,877 | 2,872,071 |
Annual Total Result | 327,473 | 211,293 | 145,378 | 170,403 |
Total assets | 2,791,733 | 2,303,976 | 2,313,544 | 1,610,476 |
Total liabilities | 1,713,945 | 1,553,662 | 1,774,523 | 1,216,833 |
Total equity | 1,077,787 | 750,314 | 539,020 | 393,643 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,495,325 | 4,534,548 | 4,052,877 | 2,872,071 |
Total operating costs | 4,998,499 | 4,177,853 | 3,798,936 | 2,649,451 |
Operating result | 496,827 | 356,695 | 253,940 | 222,620 |
Financial income/costs | -76,853 | -85,674 | -69,352 | -52,218 |
Profit before tax | 419,974 | 271,021 | 184,589 | 170,403 |
Total tax & extraordinary income/cost | 92,501 | 59,728 | 39,211 | 0 |
Annual Total Result | 327,473 | 211,293 | 145,378 | 170,403 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 84,359 | 0 | 0 | 0 |
Total current assets | 2,707,374 | 2,303,976 | 2,313,544 | 1,610,476 |
Total assets | 2,791,733 | 2,303,976 | 2,313,544 | 1,610,476 |
Short term debt | 1,599,949 | 1,448,733 | 1,774,523 | 1,216,833 |
Long term debt | 113,996 | 104,929 | 0 | 0 |
Total liabilities | 1,713,945 | 1,553,662 | 1,774,523 | 1,216,833 |
Contributed capital | 400,000 | 400,000 | 400,000 | 400,000 |
Retained earnings | 677,787 | 350,314 | 139,020 | -6,357 |
Total equity | 1,077,787 | 750,314 | 539,020 | 393,643 |
Total equity and liabilities | 2,791,732 | 2,303,976 | 2,313,544 | 1,610,476 |
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