LITEC AS
Organization
- CEO
- RL
Reidar Lien1962
- Chairman of the board
- RL
Reidar Lien1962
- Years since formation
- 20 years
- since Sep 21, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 290,000
- 1 share class
- Total number of shareholders
- 4
- persons
Financials
- Total operating income 2024
- 749,844
- NOK
- Annual total result 2024
- 403,591
- NOK
- Total equity 2024
- 22,608,932
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RL 1962 | Managing Director/CEO | 25 % directly |
Board
| Name | Role | Shares |
|---|---|---|
RL 1962 | Chairman | 25 % directly |
VT | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
RL 1962 | Managing Director/CEO, Chairman | 25 % directly |
AT | - | 25 % directly |
KT | - | 25 % directly |
IT | - | 25 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AT | Ordinary shares | 72,500 | 25 % |
IT | Ordinary shares | 72,500 | 25 % |
KT | Ordinary shares | 72,500 | 25 % |
RL 1962 | Ordinary shares | 72,500 | 25 % |
Shares owned by the LITEC AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 33.33 % | |
| Ordinary shares | 100 | 33.33 % | |
| NO0010840515 | 15,000 | < 0.01 % | |
| NO0010112675 | 2,689 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 749,844 | 705,100 | 725,130 | 2,206,350 |
Annual Total Result | 403,591 | 704,794 | 630,181 | 2,847,712 |
Total assets | 22,740,810 | 22,430,257 | 29,147,105 | 29,487,369 |
Total liabilities | 131,878 | 224,916 | 7,646,557 | 7,217,002 |
Total equity | 22,608,932 | 22,205,341 | 21,500,548 | 22,270,367 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 749,844 | 705,100 | 725,130 | 2,206,350 |
Total operating costs | 938,469 | 269,896 | 236,837 | 228,417 |
Operating result | -188,625 | 435,204 | 488,293 | 1,977,933 |
Financial income/costs | 612,438 | 390,350 | 226,005 | 1,094,505 |
Profit before tax | 423,813 | 825,554 | 714,298 | 3,072,438 |
Total tax & extraordinary income/cost | 20,222 | 120,760 | 84,117 | 224,726 |
Annual Total Result | 403,591 | 704,794 | 630,181 | 2,847,712 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 16,739,506 | 16,405,394 | 14,308,217 | 14,308,217 |
Total current assets | 6,001,304 | 6,024,863 | 14,838,888 | 15,179,152 |
Total assets | 22,740,810 | 22,430,257 | 29,147,105 | 29,487,369 |
Short term debt | 131,878 | 224,916 | 1,704,257 | 1,013,502 |
Long term debt | 0 | 0 | 5,942,300 | 6,203,500 |
Total liabilities | 131,878 | 224,916 | 7,646,557 | 7,217,002 |
Contributed capital | 291,592 | 291,592 | 291,592 | 291,592 |
Retained earnings | 22,317,340 | 21,913,749 | 21,208,956 | 21,978,775 |
Total equity | 22,608,932 | 22,205,341 | 21,500,548 | 22,270,367 |
Total equity and liabilities | 22,740,810 | 22,430,257 | 29,147,105 | 29,487,369 |
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