colortest-8: command not found

Have You tried accessing the binary with the full path?

Maybe Your $PATH variable doesn't contain the default paths? echo $PATH should give something like:

[root@server ~]# echo $PATH
/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin

If it's empty, You may set the PATH variable with this command

export PATH="/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin"

On Debian possible default full paths are:

/usr/bin/colortest-8 - from package: colortest

You may install the required package with command apt-get install {package}
Error in other languages:
colortest-8: bevel nie gevind nie
colortest-8: comandă negăsită
colortest-8: comando não encontrado
colortest-8: commande introuvable
colortest-8: command not found
colortest-8: käsku ei ole
colortest-8: không tìm thấy lệnh
colortest-8: komanda nerasta
colortest-8: Kommando nicht gefunden.
colortest-8: kommandot finns inte
colortest-8: komut yok
colortest-8: nie znaleziono polecenia
colortest-8: níor aimsíodh an t-ordú
colortest-8: no se encontró la orden
colortest-8: no s'ha trobat l'ordre
colortest-8: opdracht niet gevonden
colortest-8: parancs nem található
colortest-8: perintah tidak ditemukan
colortest-8: príkaz nenájdený
colortest-8: příkaz nenalezen
colortest-8: команда не найдена
colortest-8: командата не е открита
colortest-8: 命令找不到
colortest-8: コマンドが見つかりません