Noratel

Hokksund, Norway Founded: 1925 • Age: 101 yrs
Transformers and reactors are manufactured by Noratel in Norway.

About Noratel

Noratel is a company based in Hokksund (Norway) founded in 1925. Transformers and reactors are manufactured by Noratel in Norway. Noratel has raised $207.82 thousand across 2 funding rounds from investors including IFU. The company has 376 employees. Its chief executive, as recorded, is Asle Braathen Tandberg. Its website noratel.com draws about 21 thousand monthly visits. Its Indian entity Noratel India Power Components Private Limited reported revenue of β‚Ή105 Cr. Noratel offers products and services including Transformers and Reactors.

Company details

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.

Key Metrics
  • Indian entity revenue
    ₹105 Cr

    FY 2025 · -2% YoY

  • Indian entity net loss
    -₹8.86 Cr

    FY 2025 · -8% margin

  • Indian entity EBITDA
    -₹6.96 Cr

    FY 2025 · -7% margin

  • Total Equity Funding
    $207.82K (USD)

    in 2 rounds

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

    Jun 1992

  • Investors
  • Employee Count
    376

Products & Services of Noratel

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

Transformers
Electrical Products

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

Reactors
Electrical Components

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

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.

  • Total Funding $207,816
  • Total Rounds 2
  • Last Round Debt – Conventional β€” $191,831
  • First Round $207,816

    (Jun 1992)

  • Investors Count 1

All 2 funding rounds of Noratel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 1992$207,816Private Equity Round–IFU
–
Jun 1992$191,831Debt – Conventional––
Valuation history

1 investors in total: 1 institutional.

Investors in Noratel

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

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm
1967ifu.dkCopenhagen, Denmark
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Investor details for Noratel

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Noratel India Power Components Private Limited (Noratel)

Noratel India Power Components Private Limited is the primary company behind Noratel. The board of Noratel India Power Components Private Limited currently have 3 directors; the longest-serving is Erling Christian Nesset, appointed in 2021. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Erling Christian Nesset
DIN 09039068
Director17 Feb 20215 yrs 8 moNoratel India Power Components Private Limited
Puneet Arora
DIN 10122614
Director25 Apr 20233 yrs 5 moNoratel India Power Components Private Limited
Shahwaz Ahmed Khan
DIN 11347498
Managing Director22 Oct 20251 yrNoratel India Power Components Private Limited

People of Noratel

29 people are tracked at Noratel (11 in leadership, 18 in team); the tracked headcount is 376.

NameRoleGroup
Asle Braathen Tandberg
CEOLeadership
Jayant Mahajan
Managing DirectorLeadership
Rafał Bienias Gębski
Head Of OperationsLeadership
Senior Vice President - Asia PacificLeadership
Pablo Alonso
Sales Director At Noratel - Spain & PortugalLeadership
Grégory Malherbe
Chief Executive OfficerLeadership
Sulalith Jayasinghe
Managing DirectorLeadership
Remi-Brice Magne
Senior Vice President North AmericaLeadership
Group Finance DirectorLeadership
Holger Schulz
Head Of Field SalesLeadership
Lars Janson
Senior Vice President EMEALeadership
Krzysztof Nowacki
Senior Quality EngineerTeam
Chamal Ranasinghe
Quality Assurance And Process Improvement Engineering TraineeTeam
Nithin S Nair
Shift InchargeTeam
Sudeep Sathisan
Assistant Manager FinanceTeam
Artur Witnik
Warehouse ManagerTeam
Timo Ärling
Sales Engineer Noratel FinlandTeam
Jim Fagerli
Group Financial ControllerTeam
Milinda Sanol Fernando
Industrial EngineerTeam
Piotr Wisz
Business Controlling & IT ManagerTeam

9 more people are available in the full profile.

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Complete people profiles for Noratel

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Financials of Noratel

Figures of Noratel India Power Components Private Limited, the primary company behind Noratel, for FY 2025. Revenue was ₹105 Cr (-2% year on year). Net loss was -₹8.86 Cr (-8% margin). EBITDA was -₹6.96 Cr (-7% margin). Revenue has grown at a compounded annual rate of -15% over three years and +1% over five years.

  • ₹105 CrRevenue · FY 2025 · -2% YoY
  • -₹8.86 CrNet loss · -8% margin
  • -₹6.96 CrEBITDA · -7% margin
  • ₹8.95 CrPaid-up capital
  • 376Employees (provident fund records)
  • -15%Revenue CAGR, 3 years
  • +1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Noratel India Power Components Private Limited are on its company page.

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Detailed financial statements for Noratel

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Noratel

2 dated milestones of Noratel across 67 years, from founding to its latest funding, stage changes and deals.

  1. Founded Noratel is founded.
  2. Funding First funding round of $208K.

Web traffic of Noratel

The website of Noratel (noratel.com) receives about 20.7K visits a month.

  • Monthly visits
    20.7K

    ▲ 41.9% vs previous month

Similar websites

Websites whose visitors overlap most with Noratel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
oneac-powercom.com
oneac-powercom.com
100%
–
power-solutions.com
100%
10.8K#2,155,109View details
powerbright.com
powerbright.com
100%
#4,171,164–
power-one.com
100%
View details
milpower.com
milpower.com
100%
#3,808,965–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 22 similar websites and full traffic analytics for Noratel

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 22 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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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 CEO of Noratel, as recorded in our data.

Noratel is a funded company, having raised a total of $207.82K across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $207.82K, raised on Jun 1992.

Noratel has 376 employees.

The primary company behind Noratel, Noratel India Power Components Private Limited, reported revenue of β‚Ή105 Cr for FY 2025, down 2% year on year.

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.

Noratel operates through Noratel India Power Components Private Limited.

The legal entities of Noratel currently have 4 directors, including Erling Christian Nesset, Naraniyat Sreejith, Puneet Arora and others.

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