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Rental and leasing of construction and civil engineering machinery and equipment

TETO AS

Org. no. 911689316 Limited company (AS) Narvik Incorporated 2013 Active
Ownership graph ↗
Revenue 2025 NOK 1.2m
Operating profit NOK 456,000
Equity NOK 2.5m
Incorporated 2013
Share capital NOK 30,000

TETO AS is registered as a limited company in Narvik, Nordland with organisation number 911689316. The business is classified under rental and leasing of construction and civil engineering machinery and equipment (NACE 77.320). The company was incorporated in 2013. Registered share capital is NOK 30,000, divided into 30 shares. The company's stated purpose is: “Finansiering og utleie av maskiner og utstyr samt det som står i naturlig forbindelse med dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 1.2m in revenue and NOK 456,000 in operating profit.

Key figures · 2025

Revenue
NOK 1.2m
Operating profit
NOK 456,000
Equity
NOK 2.5m
Est. value
NOK 2.6m

Financial health · 2025

Liquidity
0.69
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
47.0%
Very good
Equity as a share of total capital

Who owns TETO AS?

TERJE SJURSEN
TETO AS
NOK 1.2m rev. · NOK 456,000 profit

TETO AS has 2 registered shareholders:

All shareholders and roles →

Which companies does TETO AS own?

TETO AS holds stakes in 2 companies:

See the full ownership structure →

Frequently asked questions about TETO AS

Who owns TETO AS?

TERJE SJURSEN is the largest registered owner, with 50.0%.

What is the revenue of TETO AS?

TETO AS had revenue of NOK 1.2m in 2025.

Who is the general manager of TETO AS?

Terje Sjursen is registered as general manager of TETO AS.

Where is TETO AS based?

TETO AS has its business address in Ballangen.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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