Noratel

Hokksund, Norway Founded: 1925 • Age: 101 yrs
Transformers and reactors are manufactured by Noratel in Norway.
Annual revenue $23.3M Latest available
Total funding $207,816 2 rounds
Employees 376 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Noratel

Noratel is a company based in Hokksund (Norway) founded in 1925. Noratel has raised $207.82 thousand across 2 funding rounds from investors including IFU. The company has 376 employees as of April 07, 2024. Noratel offers products and services including Transformers and Reactors.

  • Headquarter Hokksund, Norway
  • Employees 376 as on 07 Apr, 2024
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Noratel India Power Components Private Limited
  • Date of Incorporation 09 Sep, 1996
  • Jurisdiction Trivandrum, Kerala, India
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $23.28 M (USD)
    12.08
    as on Mar 31, 2023
  • Net Profit
    $1.61 M (USD)
    91.44
    as on Mar 31, 2023
  • EBITDA
    $2.07 M (USD)
    123.63
    as on Mar 31, 2023
  • Total Equity Funding
    $207.82 K (USD)

    in 2 rounds

  • Latest Funding Round
    $191.83 K (USD), Debt – Conventional

    Jun 01, 1992

  • Investors
  • Employee Count
    376

    as on Apr 07, 2024

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Products & Services of Noratel

Noratel offers a comprehensive portfolio of products and services, including Transformers and Reactors.

Product name locked
Category locked
Primary

Transformers are manufactured for applications such as safety isolation and power conversion, serving various industrial needs.

Product name locked
Category locked
Locked

Reactors and chokes are produced for power management and suppression purposes in different market segments.

People of Noratel

Headcount 1000-5000
Employee Profiles 28
Employee Profiles
People
Krzysztof Nowacki
Senior Quality Engineer
People
Chamal Ranasinghe
Quality Assurance And Process Improvement Engineering Trainee
People
Jayant Mahajan
Managing Director
People
Nithin S Nair
Shift Incharge

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Funding Insights of Noratel

Noratel has successfully raised a total of $207.82K across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $191.83 thousand completed in June 1992. 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.

Investors in Noratel

Noratel has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IFU.

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Venture Fund
Investor Description Founded Year Domain Location
Private equity investment firm
Locked Locked Locked
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Investor details for Noratel

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Investments & Acquisitions by Noratel

Investments
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Investment portfolio details for Noratel

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Financial Statements - Noratel

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Detailed financials for Noratel

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Noratel Comparisons

Noratel Primary company
Description
Transformers and reactors are manufactured by Noratel in Nor...
Location
Hokksund, Norway
Founded Year
1925
Annual Revenue
$23.28 M (USD)
Net Profit
$1.61 M (USD)
EBITDA
$2.07 M (USD)
Employees
376
As of 2024
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Peer comparison for Noratel

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Competitors of Noratel

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Detailed competitors of Noratel

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Latest news on Noratel

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Complete news archive for Noratel

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Frequently Asked Questions about Noratel

Noratel was founded in 1925 and raised its 1st funding round 67 years after it was founded.

Noratel is headquartered in Hokksund, Norway. It is registered at Hokksund, Viken, Norway.

Asle Braathen Tandberg is the current CEO of Noratel.

Noratel is a funded company, having raised a total of $207.82K across 2 funding rounds to date.

As of Apr 07, 2024, the latest employee count at Noratel is 376.

Annual revenue of Noratel is $23.28M as on Mar 31, 2023.

Noratel was founded in 1925 and is headquartered in Hokksund, Norway. Transformers and reactors are produced by the company within the electrical components sector. Operations involve design, manufacturing, and supply of these components for industrial applications. The domain noratel.com is utilized for online presence. Leadership is held by CEO Asle Braathen Tandberg, with activities centered in Europe.

Noratel offers Transformers and Reactors.

Noratel has 1 investor. Key investors include IFU.

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