NITO AS

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 2024 financial year, show NOK 5.3m in revenue and NOK 3.0m in operating profit.

Key figures · 2024

Revenue

NOK 5.3m

Operating profit

NOK 3.0m

Equity

NOK 24.1m

Est. value

NOK 24.5m

Financial health · 2024

Liquidity

0.60

Weak

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

78.2%

Very good

Equity as a share of total capital

Who owns NITO AS?

NINA HJELMAAS LIEN

50.0%

NITO AS

NOK 5.3m rev. · NOK 3.0m 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 5.3m in 2024.

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 15.06.2026.