HITEC PRODUCTS AS • 984896638 • Sola • Manufacture of other transport equipment

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Industry and manufacturing

/ Oil platforms

HITEC PRODUCTS AS

Keywords

productionoil platforms

Organization

CEO: TA
Tor Atle Deisz1968
Chairman of the board: BR
Bjørn Rygg1963
Years since formation: 22 years; since Sep 24, 2002
Type: Limited company
VAT registered: Yes
Number of employees: 112

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 2023: 411,430,368; NOK
Annual total result 2023: 8,413,842; NOK
Total equity 2023: 99,191,016; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
TA Tor Atle Deisz 1968	Managing Director/CEO	18.76 % indirectly

Board

Name	Role	Shares
BR Bjørn Rygg 1963	Chairman	-
TA Tor Atle Deisz 1968	Board Member	18.76 % indirectly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TA Tor Atle Deisz 1968	Managing Director/CEO, Board Member	18.76 % indirectly
KL Karl Lima 1964	-	8.9 % indirectly
DA David Alexander Richard South 1971	-	6.5 % indirectly
JB June Nicole Baik 1972	-	2.08 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
H HITEC PRODUCTS HOLDING AS	Ordinary shares	50,000	100 %

Shares owned by the HITEC PRODUCTS AS

Name	Share class	Number of shares	Share
D DECON SFS AS	A-shares	55,281	2.23 %

Last update: May 24, 2024

Group structure

BR INDUSTRIER AS
Total operating income 2023: NOK 4,021,803
Operating profit 2023: NOK -9,155,786
Employees: 0

Financials

in NOK

Summary

Year	2023	2022
Total operating income	411,430,368	285,319,246
Annual Total Result	8,413,842	4,874,499
Total assets	303,450,140	183,269,833
Total liabilities	204,259,125	77,492,659
Total equity	99,191,016	105,777,174

P&L

Year	2023	2022
Total operating income	411,430,368	285,319,246
Total operating costs	389,915,739	280,711,754
Operating result	21,514,629	4,607,493
Financial income/costs	-7,658,269	1,480,723
Profit before tax	13,856,361	6,088,215
Total tax & extraordinary income/cost	5,442,519	1,213,716
Annual Total Result	8,413,842	4,874,499

Balance overview

Year	2023	2022
Total fixed assets	13,440,755	16,249,157
Total current assets	290,009,386	167,020,676
Total assets	303,450,140	183,269,833
Short term debt	198,555,094	77,231,147
Long term debt	5,704,031	261,512
Total liabilities	204,259,125	77,492,659
Contributed capital	12,545,420	12,545,420
Retained earnings	86,645,596	93,231,754
Total equity	99,191,016	105,777,174
Total equity and liabilities	303,450,140	183,269,833

Classification

Category

Industry and manufacturing

/ Oil platforms

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

C

Main industrial area

Manufacturing

30

Activity

Manufacture of other transport equipment

30.1

Main industrial group

Building of ships and boats

30.11

Industrial group

Building of ships and floating structures

30.113

Industrial group

Building of oil-platforms and modules