Itek AS
Score · fiscal year 2025
62of 100
How to read this: the company is ahead of 73 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 1,010 of 3,711 · What are Morning company classes?
Place in the whole sector: 6,277 of 22,952 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 85 and solidity 40 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Itek AS is 12 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 3,711 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 10.1% (median 3.0%) and equity ratio 25.2% (median 30.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 96 MNOK | 93 MNOK |
| Operating margin | 10.1% | 3.0% |
| Profit margin | 10.6% | 2.8% |
| Return on assets | 25.5% | 11.6% |
| Equity ratio | 25.2% | 30.0% |
| Debt-to-equity | 2.97 | 2.24 |
| Current ratio | 1.40 | 1.39 |
| Revenue growth | 11.6% | 6.1% |
| Revenue per employee | 8.77 MNOK | 5.08 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 62, Itek AS does better than 73% of companies in the Morning class Medium in the same sector (3,711 companies) in 2025.
Score 2024–2026
- Itek AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Itek AS had an operating margin of 10.1% and an equity ratio of 25.2% in 2025, and ranks 6,277 of 22,952 in Handel.
From 2024 to 2025: revenue grew by 12%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 11 MNOK and 101 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 80 MNOK |
| EV/EBIT | 8.0 | 101 MNOK |
| P/B | 1.0 | 11 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.5% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 85 | weight 30% |
|---|---|---|
| Solidity | 40 | weight 25% |
| Liquidity | 50 | weight 15% |
| Growth | 67 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 61 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Itek AS?
The operating margin was 10.1% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 25.5%.
How solid is Itek AS?
The equity ratio was 25.2% in 2025 (median 30.0%). Debt-to-equity was 2.97 (median 2.24).
What is the liquidity of Itek AS like?
The current ratio was 1.40 in 2025 (median 1.39).
How does Itek AS compare in Handel?
Itek AS ranks 6,277 of 22,952 in Handel for 2025. Among companies in the Morning class Medium it is number 1,010 of 3,711. Revenue changed by 11.6% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 5 July 2017 | Statens vegvesen | Utskifting dataromskjøling i IKT-rom og ny serviceavtale på nytt og eksisterende kjøleanlegg, SVV | 1.3 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 873194472
- Legal form
- AS
- Sector
- Handel (46.630)
- Morning company class
- Medium
- Employees
- 11 registered 10 July 2025
- Founded
- 1 January 1995 31 years in operation
- Share capital
- 0.25 MNOK
- Business address
- Havnegata 1, 4790 LILLESAND
- Municipality
- Lillesand rank 3–17 of 38 in KOSTRA group 7
- Latest accounts filed
- 2026
- Website
- www.itek.green
- LEI
- 549300MRPT7HT9Z8KY84 not renewed (lapsed)
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Addtech Nordic AB (Sweden)
- Ultimate parent
- Addtech AB (Sweden)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2024–2026
| Key figure | 2024 | 2025 | 2026 | Trend |
|---|---|---|---|---|
| Index | 60 | 62 | 35 | |
| Rank | 7,134 | 6,277 | 159 | |
| Operating margin | 8.8% | 10.1% | 11.3% | |
| Return on assets | 37.3% | 25.5% | 6.7% | |
| Equity ratio | 24.4% | 25.2% | 25.4% | |
| Current ratio | 1.31 | 1.40 | 0.45 | |
| Revenue growth | – | 11.6% | −13.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating revenue | 86.5 MNOK | 96.5 MNOK | 83.0 MNOK |
| Operating profit | 7.6 MNOK | 9.7 MNOK | 9.4 MNOK |
| Profit before tax | 8.0 MNOK | 10.2 MNOK | 9.1 MNOK |
| Net profit | 6.2 MNOK | 8.0 MNOK | 7.1 MNOK |
| Financial expenses | 2.4 MNOK | 0.8 MNOK | 1.5 MNOK |
| Total assets | 27.8 MNOK | 43.1 MNOK | 158.2 MNOK |
| Current assets | 26.6 MNOK | 42.0 MNOK | 53.0 MNOK |
| Equity | 6.8 MNOK | 10.9 MNOK | 40.2 MNOK |
| Retained earnings | 6.5 MNOK | 10.6 MNOK | 39.9 MNOK |
| Total liabilities | 21.0 MNOK | 32.3 MNOK | 118.0 MNOK |
| Current liabilities | 20.4 MNOK | 30.0 MNOK | 117.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6094195.
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