About Kitron
Kitron is a company based in Asker (Norway) founded in 1962. Kitron has raised $9.33 million across 4 funding rounds from investors including European Union and Creades. The company has 13 employees. Kitron has completed 1 acquisition, including BB Electronics.
- Headquarter Asker, Norway
- Employees 13
- SectorsTechnology
- Email••••••••
- Website kitron.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Kitron Asa
- Annual Revenue₹4.33 Cr
FY 2025 · +269% YoY
- Net Profit₹0.43 Cr
FY 2025 · 10% margin
- EBITDA₹0.80 Cr
FY 2025 · 19% margin
- Total Equity Funding$9.33M (USD)
in 4 rounds
- Latest Funding Round$80.27K (USD), Grant
Jan 2023
- InvestorsEuropean Union
& 1 more
- Employee Count13
- Investments & Acquisitions
Associated legal entities of Kitron
Kitron operates through Kitron India Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kitron India Services Private Limited CIN U32109TN2021PTC145867 | Active | 01 Sep 2021 | Chennai, Tamil Nadu | ₹4.3 Cr | 13 | 3 | View details |
Apps and channels of Kitron
its YouTube channel Kitron Group has 661 subscribers and 30 videos.
Videos from Kitron
The most watched videos on Kitron's YouTube channel, Kitron Group (661 subscribers). Click a video to play it here.
More on Kitron Group.
Funding Insights of Kitron
Kitron has successfully raised a total of $9.33M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $80.27 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.33M
- Total Rounds 4
- Last Round Grant — $80,271
- First Round $9.33M
(Nov 2005)
- Investors Count 2
All 4 funding rounds of Kitron with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $80,271 | Grant | – | – | |
| Dec 2021 | – | Post-IPO | – | – | – |
| Nov 2016 | – | Private Equity Round | – | – | |
| Nov 2005 | $9.33M | Private Equity Round | – | – | – |
2 investors in total: 2 institutional.
Investors in Kitron
Kitron has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Creades.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in SMEs are managed by the firm. | 2012 | creades.se | Stockholm, Sweden | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Kitron
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kitron India Services Private Limited (Kitron)
Kitron India Services Private Limited is the primary company behind Kitron. The board of Kitron India Services Private Limited currently have 3 directors; the longest-serving is Soy Joseph, appointed in 2021. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Soy Joseph DIN 00014936 | Director | 01 Sep 2021 | 5 yrs 1 mo | Kitron India Services Private Limited |
| Hasse Faxe DIN 09783863 | Director | 07 Nov 2022 | 3 yrs 11 mo | Kitron India Services Private Limited |
| Mona Cathrin Nylander DIN 10745639 | Director | 23 Aug 2024 | 2 yrs 1 mo | Kitron India Services Private Limited |
People of Kitron
114 people are tracked at Kitron (14 in leadership, 7 in board & advisors, 93 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Mindaugas Sestokas | VP, Central Eastern Europe | Leadership |
Hans Petter Thomassen | VP, Nordics & North America | Leadership |
Stian Haugen | Chief Technology Officer | Leadership |
Zygimantas Dirse | VP Asia | Leadership |
Kristoffer Asklöv | COO | Leadership |
| CFO | Leadership | |
Peter Nilsson | President & CEO | Leadership |
Arunas Lalas | Head Of NPI Group | Leadership |
Arnoldas Dudonis | Head Of Sales | Leadership |
Marek Browalski | Managing Director | Leadership |
Emil Hillerström | Head Of Project Managers | Leadership |
Ieva Sliauziene | Head Of Supply Chain Kitron UAB | Leadership |
Vita Staniukynaite | Head Of Hr, Kitron Lithuania | Leadership |
Gary Tarallo | Managing Director | Leadership |
Gyrid Skalleberg Ingerø | Board Member | Board & advisors |
Tuomo Lähdesmäki | Chairman of the Board | Board & advisors |
Jarle Larsen | Board Member | Board & advisors |
Maalfrid Brath | Board Member | Board & advisors |
Petra Grandinson | Board Member | Board & advisors |
Henriette Stene | Board Member | Board & advisors |
94 more people are available in the full profile.
Complete people profiles for Kitron
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Kitron
Kitron is a publicly listed company on the OSL with ticker symbol KIT in Norway, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Jan 1998
- Listed onOSL: KIT
- Listed entityKitron ASA
- Exchange sectorElectronic technology
- ISINNO0003079709
- Share price104.50 NOK (+0.67% on the day) · 2026-10-09
- Market capitalisation22,701,316,936.00 NOK
- Price to earnings29.1
- EPS (diluted, trailing year)3.59 NOK
- Dividend yield0.67%
- Volume (last session)110,547
Financials of Kitron
Figures of Kitron India Services Private Limited, the primary company behind Kitron, for FY 2025. Revenue was ₹4.33 Cr (+269% year on year). Net profit was ₹0.43 Cr (10% margin). EBITDA was ₹0.80 Cr (19% margin). Revenue has grown at a compounded annual rate of +402% over three years.
- ₹4.33 CrRevenue · FY 2025 · +269% YoY
- ₹0.43 CrNet profit · 10% margin
- ₹0.80 CrEBITDA · 19% margin
- ₹0.40 CrPaid-up capital
- 13Employees (provident fund records)
- +402%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 8.65B NOK | 513.3M NOK | 954.8M NOK |
| 2024 | 7.53B NOK | 325.7M NOK | 773.5M NOK |
| 2023 | 8.86B NOK | 584.0M NOK | 994.2M NOK |
| 2022 | 6.49B NOK | 287.1M NOK | 618.0M NOK |
| 2021 | 3.71B NOK | 152.8M NOK | 345.3M NOK |
Balance sheet, profit and loss, cash flow and ratios of Kitron India Services Private Limited are on its company page.
Detailed financial statements for Kitron
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Kitron
Kitron has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BB Electronics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electronics manufacturing services are offered from design to after-sales support. | bbelectronics.dk | Horsens, Denmark | 1975 | Dec 2021 | •••• |
Complete acquisition details for Kitron
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Kitron
5 dated milestones of Kitron across 61 years, from founding to its latest funding, stage changes and deals.
- Founded Kitron is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $9.3M.
- Acquisition Acquires BB Electronics.
- Funding Latest funding round, Grant, of $80K.
Web traffic of Kitron
The website of Kitron (kitron.com) receives about 21.8K visits a month.
- Monthly visits21.8K
▲ 7.3% vs previous month
Websites whose visitors overlap most with Kitron. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| emsginc.com | 100% | – | #2,167,351 | View details | |
cremat.com | cremat.com | 98% | – | #6,372,860 | – |
halcyonmicro.com | halcyonmicro.com | 98% | – | – | – |
thickfilmsolutions.com | thickfilmsolutions.com | 98% | – | – | – |
midasmic.com | midasmic.com | 98% | – | #12,077,018 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Kitron
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Kitron
Complete news archive for Kitron
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Kitron
10 companies that operate in the same segment as Kitron (Electronic Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Provider of ODM plus solutions for diverse industries | 1990 | Kochi, Kerala, India | USD 119.5 M | USD 253.11 M | 2,400 | |
Integrated electronics manufacturing and IoT solutions are delivered across industries. | 2008 | Mysuru, Karnataka, India | USD 22.44 M | USD 386.47 M | 3,850 | |
Manufacturer of diodes, rectifiers, semiconductors, and passive components | 1962 | Guildford, United Kingdom | – | USD 3.07 B | 22,700 | |
Communication equipment manufacturer | 1938 | Lisle, Illinois, United States | – | – | – | |
Electronic components and embedded technologies are distributed globally. | 1921 | Phoenix, Arizona, United States | – | USD 27.63 B | 14,870 | |
Electronics manufacturing services are provided for consumer and home products. | 1993 | Noida, Uttar Pradesh, India | USD 9.32 M | USD 5.17 B | 8,890 | |
Mobile device management solutions are delivered to enterprises securely. | 2003 | Atlanta, Georgia, United States | USD 225 M | USD 11.12 M | 356 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Kitron
Kitron was founded in 1962 and raised its 1st funding round 43 years after it was founded.
Kitron is headquartered in Asker, Norway. It is registered at Asker, Viken, Norway.
Kitron is a funded company, having raised a total of $9.33M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $9.33M, raised on Nov 2005.
Kitron has 13 employees.
The primary company behind Kitron, Kitron India Services Private Limited, reported revenue of ₹4.33 Cr for FY 2025, up 269% year on year.
The company was founded in 1962 and is based in Asker, Norway. Electronic manufacturing services are operated across Scandinavia, with a focus on contract production of goods containing electronic components. The supply chain is managed from product development through to distribution, while repair and maintenance activities are also handled. Operations remain centered in the electronics sector for industrial clients.
Yes, Kitron is publicly traded on OSL under the ticker symbol KIT.
Kitron has made 1 acquisition, including BB Electronics.
Kitron has 2 investors. Key investors include European Union, and Creades.
Kitron operates through Kitron India Services Private Limited.
The legal entities of Kitron currently have 3 directors, including Hasse Faxe, Soy Joseph, Mona Cathrin Nylander.