NITO AS

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• ◆ Nylig endring 2026-09-01 Adresseendring registrert 2026-09-01.

NITO AS is registered as a limited company in Flå, Buskerud with organisation number 988926930. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2005. Registered share capital is NOK 100,000, divided into 100 shares. The company's stated purpose is: “Investering/utleie av fast eiendom samt hva hermed står i forbindelse. Investering i andre selskaper. Utbygging og drift av kraftverk samt naturlig tilhørende aktivitet.”. The most recent filed accounts, for the 2025 financial year, show NOK 5.2m in revenue and NOK 3.2m in operating profit.

Key figures · 2025

Revenue

NOK 5.2m

▼ −3 %

Operating profit

NOK 3.2m

▲ +8 %

Equity

NOK 26.4m

▲ +10 %

Est. value

NOK 26.8m

Financial health · 2025

Liquidity

2.29

Very good

Current assets ÷ current liabilities

Profitability

10.3%

Good

Return on total assets

Solidity

80.4%

Very good

Equity as a share of total capital

Who owns NITO AS?

NINA HJELMAAS LIEN Private shareholder

50.0%

TORD ERIK LIEN Private shareholder

50.0%

NITO AS

NOK 5.2m rev. · NOK 3.2m profit

NITO AS has 2 registered shareholders:

• NINA HJELMAAS LIEN 50.0%
• TORD ERIK LIEN 50.0%

All shareholders and roles →

Frequently asked questions about NITO AS

Who owns NITO AS?

NINA HJELMAAS LIEN is the largest registered owner, with 50.0%.

What is the revenue of NITO AS?

NITO AS had revenue of NOK 5.2m in 2025.

Who is the general manager of NITO AS?

Tord Erik Lien is registered as general manager of NITO AS.

Where is NITO AS based?

NITO AS has its business address in Flå.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.