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H

HITEC PRODUCTS AS984 896 638

Limited company
Ljosheimvegen 1 4050 SOLA, Norge

HITEC PRODUCTS AS

Operating
Utvikling og produksjon av styringsstytemer for prosessindustrien, samt deltakelse i selskaper med tilsvarende virksomhet.

Organization

Chairman of the board
Years since formation
24 years
since Sep 24, 2002
Type
Limited company
VAT registered
Yes
Number of employees
116

Ownership

Number of shares and share classes
50,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2025
755,019,921
NOK
Annual total result 2025
72,858,371
NOK
Total equity 2025
171,442,160
NOK
Last update: May 4, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO
18.76 %
indirectly

Board

NameRoleShares
Chairman-
Board Member
18.76 %
indirectly

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Board Member
18.76 %
indirectly
KL
-
8.9 %
indirectly
-
6.5 %
indirectly
-
2.08 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
H
HITEC PRODUCTS HOLDING AS
Ordinary shares
50,000
100 %

Shares owned by the HITEC PRODUCTS AS

NameShare classTotal number of sharesShare
D
DECON SFS AS
Closed
A-shares
55,281
2.19 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 4,829,428
    Operating profit 2024: NOK -9,494,835
    Employees: 0

Financials

in NOK

Summary

Year2025202420232022
Total operating income
755,019,921
730,951,809
411,430,368
285,319,246
Annual Total Result
72,858,371
98,167,730
8,413,842
4,874,499
Total assets
297,334,950
447,437,675
303,450,140
183,269,833
Total liabilities
125,892,790
338,865,605
204,259,125
77,492,659
Total equity
171,442,160
108,572,070
99,191,016
105,777,174

P&L

Year2025202420232022
Total operating income
755,019,921
730,951,809
411,430,368
285,319,246
Total operating costs
662,690,865
609,377,723
389,915,739
280,711,754
Operating result
92,329,056
121,574,087
21,514,629
4,607,493
Financial income/costs
1,271,471
4,295,525
-7,658,269
1,480,723
Profit before tax
93,600,527
125,869,612
13,856,361
6,088,215
Total tax & extraordinary income/cost
20,742,156
27,701,882
5,442,519
1,213,716
Annual Total Result
72,858,371
98,167,730
8,413,842
4,874,499

Balance overview

Year2025202420232022
Total fixed assets
17,503,851
19,140,010
13,440,755
16,249,157
Total current assets
279,831,099
428,297,666
290,009,386
167,020,676
Total assets
297,334,950
447,437,675
303,450,140
183,269,833
Short term debt
121,653,316
320,344,650
198,555,094
77,231,147
Long term debt
4,239,474
18,520,955
5,704,031
261,512
Total liabilities
125,892,790
338,865,605
204,259,125
77,492,659
Contributed capital
12,545,420
12,545,420
12,545,420
12,545,420
Retained earnings
158,896,740
96,026,650
86,645,596
93,231,754
Total equity
171,442,160
108,572,070
99,191,016
105,777,174
Total equity and liabilities
297,334,950
447,437,675
303,450,140
183,269,833

Classification

21st company classification
BETA
Industrial daughter company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises