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COMPANY CARD COMPANY

INIT STAVANGER AS

Business reg. no. 913 480 597ASSOLAIndustry code 74.990

All other professional, scientific and technical activities n.e.c.

Equity ratio: Good · 21,0 % (2025)
Company financial statements in NOK · 2023: 52 960 910 NOK · 2024: 70 612 762 NOK · 2025: 70 005 443 NOK
2023–2025 · NOK
Operating revenue70,0 million NOK
2025 · company↓ 0,9 % from 2024
Company financial statements in NOK · 2023: 15 301 760 NOK · 2024: 14 356 629 NOK · 2025: 14 608 766 NOK
2023–2025 · NOK
Operating income · EBIT14,6 million NOK
2025 · company↑ 1,8 % from 2024

20,9 % EBIT margin

Registered employees23 employees
RegisteredRegistry data 14.11.2026

FINANCIALS

Financial statements and key figures

Amount in whole currency units
Company financial statements

Amount in NOK

Company financial statements · amounts without rounding to thousands for display
Financial statement item202520242023
CurrencyNOKNOKNOK
Operating revenue70 005 44370 612 76252 960 910
Operating profit14 608 76614 356 62915 301 760
Net income11 910 18111 193 30811 927 840
Equity9 525 27710 934 68811 021 477
Total assets45 456 08836 611 33539 301 897
EBIT margin20,9 %20,3 %28,9 %

Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.

Show trend in NOK
Operating revenueNOK · 2023–202570,0 million NOK
↓ 0,9 % from 2024
Operating revenue202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Operating profitNOK · 2023–202514,6 million NOK
↑ 1,8 % from 2024
Operating profit202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Sources and conversion basis

Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.

  • 2025 · NOK · original-NOK · source version efbb426f3494
  • 2024 · NOK · original-NOK · source version 2e93f5d2ab06
  • 2023 · NOK · original-NOK · source version 013155af3ba1

Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.

Income statement13 entries with information
Company financial statements · Income statement · whole currency units
Financial statement item202520242023
Operating revenue
Total sales revenue69 993 89970 496 91952 686 407
Total operating revenue70 005 44370 612 76252 960 910
Operating expenses
Wage costs34 507 00333 359 17929 131 713
Total operating expenses55 396 67656 256 13337 659 150
Operating profit
Operating income (EBIT)14 608 76614 356 62915 301 760
Financial income
Total finance income898 655340 404521 108
Financial expenses
Other interest expense18 759235 324464 357
Total finance costs185 363326 295529 301
Net finance result713 29214 108-8 193
Results and tax
Income before tax15 322 05814 370 73815 293 567
Tax expense on ordinary income3 411 8773 177 4303 365 727
Net income11 910 18111 193 30811 927 840
Total comprehensive income11 910 18111 193 30811 927 840
Balance sheet13 entries with information
Company financial statements · Balance sheet · whole currency units
Financial statement item202520242023
Financial fixed assets
Total non-current assets831 57110 017 5514 906 267
Current assets
Total inventory58 050——
Total receivables28 733 13516 452 50632 395 491
Total cash and cash equivalents15 833 33210 141 2792 000 139
Total current assets44 624 51726 593 78534 395 630
Total assets45 456 08836 611 33539 301 897
Equity
Total paid-in equity35 00035 00035 000
Total retained earnings9 490 27710 899 68810 986 477
Total equity9 525 27710 934 68811 021 477
Provisions and long-term liabilities
Total long-term liabilities6 864 66004 420 000
Current liabilities
Total current liabilities29 066 15125 676 64723 860 420
Total liabilities35 930 81125 676 64728 280 420
Total
Total equity and liabilities45 456 08836 611 33539 301 897
Executive salaryUnavailable

No information in the available financial statement data.

REGISTRY INFORMATION

Company at a glance

Registered
Industry
74.990 · All other professional, scientific and technical activities n.e.c. Industry classification: Statistics Norway · CC BY 4.0
Registered address
Kanalsletta 4, 4033 STAVANGER
Founded
13.03.2014
Entity type
Main entity

ADDRESS AND PROPERTY

Property information

Open data

Kanalsletta 4, 4033 STAVANGER

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© Kartverket · CC BY 4.0

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    About the address match

    Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.

    REGISTERED ROLES

    The people and companies behind it.

    Search registered roles →Explore positions and documented connections.
    NameRoleSource date
    Gisle ErsdalBorn 1973General manager14.11.2026
    Alexander RisøyBorn 1979Chair of the board14.11.2026
    CEDRA NORGE ASView role recordAuditor14.11.2026
    Tor Kåre PedersenBorn 1984Board member14.11.2026

    Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.

    YEAR-DATED OWNERSHIP

    Reported shareholders.

    Search shareholders →Find a shareholder and follow reported ownership entries.

    As of 31 December 2025 · 1 of 1 available ownership entries

    ShareholderShare / share classSource date
    INIT NORWAY ASView ownership entryView share entries →100,00 % · Ordinary shares31.12.2025
    Distribution of share count 31.12.2025
    100,0 %displayed share of shares
    • INIT NORWAY ASOrdinary shares100,00 %

    Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.

    Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.

    Previously reported ownership entries (9)

    YEAR-DATED OWNERSHIP

    Company share entries

    The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.

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    Source and scope

    Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.

    Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.

    YEAR-DATED OWNERSHIP

    Indirect ownership

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    Source and scope

    Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.

    Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.

    CONNECTIONS

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    Directly reported ownership entries are shown first. Open the map to explore further.

    Direct ownership entries without an interactive map

    As of 31 December 2025 · 1 of 1 available ownership entries

    ShareholderShare / share classSource date
    INIT NORWAY ASView ownership entryView share entries →100,00 % · Ordinary shares31.12.2025

    Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.

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    CONNECTIONS

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    Year-end ownership