15.00
+0.67%
Close of 9 Nov 2026, in NOK
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About Goodtech A
Its shares trade on Oslo Børs under the ticker GOD.OL. It has been listed since 20 January 1984. In the fiscal year to 31 December 2025, it reported revenue of NOK 721.2m and net income of NOK 18.9m. At that date it held total assets of NOK 510.4m and shareholders' equity of NOK 277.0m.
Goodtech ASA engages in the provision of projects, services, and products to services include process safety, operator system, control systems, logistics, services and aftermarket, transformers, power, water purification, waste water treatment, and biogas systems.. The company is headquartered in Oslo, Oslo. The firm is a supplier of automation projects, it delivers technology and customized solutions for streamlining production, material handling, warehousing and logistics. Goodtech offers robotic packaging solution with a variety of different robot sizes and types. The company also deliveries projects to industrial customers e.g., construction of transformer stations up to 132 kV. The firm is also engaged in the provision of products and tailor-made solutions for wastewater treatment, water purification and recycling of industrial water. Goodtech ASA has several subsidiaries, including Goodtech Solutions AB, Avanti Engineering AS and Goodtech Environmental Solutions AB.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 20 Jan 1984
- Employees
- 300
- Website
- goodtech.no ↗
Leadership
Pay as last reported
- Mr. Stig Grimsgaard AndersenChairman of the BoardNOK 279,000
- Ms. Margrethe HaugeChief Executive Officer
- Mr. Oyvind OsjordChief Financial Officer
- Ms. Anne OisethGroup Director, Sales and Marketing
- Mr. Alef JanssonBusiness Manager, Environment
- Mr. Magne ReiersonGroup Director, Projects & Services NorwayNOK 1.4m
- Mr. Hans VeddeGroup Director, Solutions, since 2010NOK 1.3m
- Ms. Mimi BerdalDirector
- Mr. Thomas BordvikDirector, Employee Representative
- Mr. Rolf JohanssonDirector, Employee RepresentativeSEK 50,000
- Mr. Karl-Erik StauboDirectorNOK 200,000
- Ms. Vibeke StrommeDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Goodtech ASA provides automation projects for streamlining production and material handling.
- Goodtech Solutions AB delivers robotic packaging solutions with various robot sizes and types.
- Goodtech Environmental Solutions AB offers wastewater treatment and water purification systems.
Weaknesses
- Goodtech ASA has 300 employees, which is a small workforce for industrial projects.
- Goodtech Environmental Solutions AB focuses on wastewater treatment without expanding into new markets.
- Goodtech ASA's business is limited to industrial customers in Norway and adjacent regions.
Opportunities
- Goodtech ASA can expand into the European market for automation projects.
- Goodtech Solutions AB can grow its robotic packaging solutions in the global market.
- Goodtech Environmental Solutions AB can develop new water recycling technologies.
Threats
- Goodtech ASA faces competition from larger industrial automation firms in Europe.
- Goodtech Environmental Solutions AB must comply with strict environmental regulations in Norway.
- Goodtech ASA's reliance on Norwegian industrial customers poses a risk if the local market declines.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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