NORTHERN ISLANDS TECHNOLOGY AS

Northern Islands Technology

Keywords

manufacturingbattery chargerstransistorselectric door opening and closing mechanismsbellsextension cordsultrasonic cleanersinvertersrectifiersfuel cellspower suppliesuninterruptible power supplies (ups)surge suppressorsappliance wiringconnectorscarbon electrodesgraphite electrodescontactsparticulate acceleration electrodescapacitorsresistorsacceleration electrodeselectromagnetssirensscoreboardssignssignaling equipmentlight signalspedestrian signalsinsulatorsbase metal pipesfittingselectroweldingsoldering equipmentsoldering irons

Organization

CEO: TB
Tommas Brugrand1980
Chairman of the board: TB
Tommas Brugrand1980
Years since formation: 6 years; since Sep 9, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 54

Ownership

Number of shares and share classes: 55,500; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 83,499,063; NOK
Annual total result 2023: 691,670; NOK
Total equity 2023: 7,281,928; NOK

Last update: Apr 12, 2025

Management

Management / administration

Name	Role	Shares
TB Tommas Brugrand 1980	Managing Director/CEO	-

Board

Name	Role	Shares
RH Rune Hasund 1965	Board Member	-
TB Tommas Brugrand 1980	Chairman	-
KP Kjell Palmar Norvoll 1956	Board Member	-
SM Svetozar Milic 1974	Board Member	-
AM Ann Marly Berg Longva 1967	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Last update: Feb 15, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NIT AS	Ordinary shares	55,500	100 %

Last update: May 24, 2024

Group structure

NIT HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -21,021
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	83,499,063	31,153,721	0
Annual Total Result	691,670	384,417	-10,577
Total assets	27,214,826	30,771,707	120,000
Total liabilities	19,932,898	24,181,449	13,560
Total equity	7,281,928	6,590,258	106,440

P&L

Year	2023	2022	2021
Total operating income	83,499,063	31,153,721	0
Total operating costs	81,433,533	30,121,047	10,857
Operating result	2,065,530	1,032,674	-10,857
Financial income/costs	-1,171,540	-537,011	-2,703
Profit before tax	893,990	495,663	-13,560
Total tax & extraordinary income/cost	202,320	111,246	-2,983
Annual Total Result	691,670	384,417	-10,577

Balance overview

Year	2023	2022	2021
Total fixed assets	1,856,700	2,025,043	0
Total current assets	25,358,126	28,746,664	120,000
Total assets	27,214,826	30,771,707	120,000
Short term debt	19,902,030	24,088,456	13,560
Long term debt	30,867	92,993	0
Total liabilities	19,932,898	24,181,449	13,560
Contributed capital	6,205,841	6,205,841	106,440
Retained earnings	1,076,088	384,417	0
Total equity	7,281,928	6,590,258	106,440
Total equity and liabilities	27,214,826	30,771,707	120,000

NORTHERN ISLANDS TECHNOLOGY AS923 363 459