POWERTECH ENGINEERING AS
Operating
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Keywords
installationelectrical installations
Organization
- CEO
- TITerje Iversen1957 
- Chairman of the board
- BO
- Years since formation
- 11 years
- since Oct 6, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 61
Ownership
- Number of shares and share classes
- 60
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 104,517,178
- NOK
- Annual total result 2024
- 6,061,267
- NOK
- Total equity 2024
- 16,205,561
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| TI 1957 | Managing Director/CEO | - | 
Board
| Name | Role | Shares | 
|---|---|---|
| AS 1964 | Board Member | - | 
| TM | Board Member | - | 
| BO | Chairman | - | 
| JS 1971 | Board Member | - | 
| Board Member | - | |
| JP | Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | 
Last update: Jun 12, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 60 | 100 % | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -14,779Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 104,517,178 | 117,626,592 | 100,502,812 | 
| Annual Total Result | 6,061,267 | 9,406,553 | 5,853,381 | 
| Total assets | 54,709,754 | 57,571,936 | 40,545,100 | 
| Total liabilities | 38,504,193 | 35,167,682 | 27,547,399 | 
| Total equity | 16,205,561 | 22,404,254 | 12,997,700 | 
P&L
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 104,517,178 | 117,626,592 | 100,502,812 | 
| Total operating costs | 96,774,606 | 105,344,537 | 92,872,423 | 
| Operating result | 7,742,572 | 12,282,055 | 7,630,389 | 
| Financial income/costs | 134,062 | -221,953 | -89,802 | 
| Profit before tax | 7,876,634 | 12,060,101 | 7,540,587 | 
| Total tax & extraordinary income/cost | 1,815,367 | 2,653,548 | 1,687,206 | 
| Annual Total Result | 6,061,267 | 9,406,553 | 5,853,381 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total fixed assets | 616,439 | 10,647,660 | 8,906,923 | 
| Total current assets | 54,093,315 | 46,924,275 | 31,638,177 | 
| Total assets | 54,709,754 | 57,571,936 | 40,545,100 | 
| Short term debt | 32,996,915 | 30,837,414 | 24,890,293 | 
| Long term debt | 5,507,278 | 4,330,268 | 2,657,106 | 
| Total liabilities | 38,504,193 | 35,167,682 | 27,547,399 | 
| Contributed capital | 443,105 | 455,405 | 455,405 | 
| Retained earnings | 15,762,456 | 21,948,849 | 12,542,295 | 
| Total equity | 16,205,561 | 22,404,254 | 12,997,700 | 
| Total equity and liabilities | 54,709,754 | 57,571,936 | 40,545,100 | 
Classification
21st company classification
BETA
Industrial large enterprise
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation