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ERTEC AS

948534053AksjeselskapMVA
Municipality
TVEDESTRAND
Employees
52
Founded
30.06.1988
Roles
8
Company details
Business address
Kalsåsveien 73, 4900 TVEDESTRAND
Municipality
Tvedestrand
Phone
37 19 65 00
Sector
Private aksjeselskaper mv.
Share capital
700 000 kr
Registered
12.03.1995
Purpose
Produktutvikling, produksjon og salg og hva hermed står i forbindelse.
Board and management

Styre og ledelse

Eli Bell
Daglig leder
Thomas Ellingsen
Styremedlem
Ole Jørgen Olsen
Styremedlem
Trygve Eriksen
Styremedlem
Arild Eriksen
Styremedlem
Jan Arild Krosshøl
Styremedlem
Terje Strandene
Styremedlem
Roger Iskow Bach
Styrets leder

Revisor

AGDER-TEAM REVISJON AS

Is revisor for 941 companies

Revisor

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Financials2024
Revenue
60.6 mill
Operating result
-1.7 mill
Net result
-1.1 mill
Assets
39.1 mill
Equity
26.0 mill
Debt
13.1 mill
Financial health check
Equity ratio
Very good
Current ratio
Very good
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue60.6 mill
Operating costs62.3 mill
= Operating result-1.7 mill
Net finance41k
= Net result-1.1 mill
Balance sheet
Fixed assets3.4 mill
Current assets35.6 mill
= Total assets39.1 mill
Equity26.0 mill
Long-term debt917k
Short-term debt12.1 mill
= Total debt13.1 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
-2.8%5.6%
Net margin
-1.8%—
Return on assets
-4.2%8.2%
Return on equity
-4.3%—
Equity ratio
66.6%40.2%
Current ratio
2.941.65
Debt-to-equity
0.501.46

Based on 65 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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