BIZTRAC BETA
Construction of utility projects for electricity and telecommunications on land

NETEL AS

Org. no. 983096514 Limited company (AS) Oslo Incorporated 2001 Active
Ownership graph ↗
Revenue 2024 NOK 927.3m
Operating profit NOK 499,000
Equity NOK 29.7m
Incorporated 2001
Employees 322
Share capital NOK 285,000

NETEL AS is registered as a limited company in Oslo, Oslo with organisation number 983096514. The business is classified under construction of utility projects for electricity and telecommunications on land (NACE 42.222). The company was incorporated in 2001 and has 322 registered employees. Registered share capital is NOK 285,000, divided into 5700000 shares. The company's stated purpose is: “Tele- og datakommunikasjon og dertil knyttet virksomhet.”. The most recent filed accounts, for the 2024 financial year, show NOK 927.3m in revenue and NOK 499,000 in operating profit.

Key figures · 2024

Revenue
NOK 927.3m
Operating profit
NOK 499,000
Equity
NOK 29.7m
Est. value
NOK 14.2m

Financial health · 2024

Liquidity
1.64
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
7.4%
Weak
Equity as a share of total capital

Who owns NETEL AS?

NETEL AB
NETEL AS
NOK 927.3m rev. · NOK 499,000 profit

NETEL AS has 1 registered shareholder:

All shareholders and roles →

Which companies does NETEL AS own?

NETEL AS holds a stake in 1 company:

See the full ownership structure →

Frequently asked questions about NETEL AS

Who owns NETEL AS?

NETEL AB is the largest registered owner, with 100.0%.

What is the revenue of NETEL AS?

NETEL AS had revenue of NOK 927.3m in 2024.

Who is the general manager of NETEL AS?

Aksel Aas is registered as general manager of NETEL AS.

Where is NETEL AS based?

NETEL AS has its business address in Oslo.

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

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