Riskpilot← Back to searchSign inGet full accessELFO AS
ASActiveOrg 857305892Industriveien 8, 1481 HaganOther software publishing · NACE 5829Est. 19909 employeeswww.elfo.no
Revenue 2025
NOK 14,9M
+8% vs 2024
EBITDA margin
17.3%
+6% vs 2024
Equity ratio
74.9%
Financial strength
Net profit 2025
NOK 2,2M
+2% vs 2024
| Revenue | NOK 14,9M | +8% |
| EBITDA | NOK 2,6M | +6% |
| Net profit | NOK 2,2M | +2% |
| Total assets | NOK 9,5M | +4% |
| Equity | NOK 7,1M | +1% |
| Employees | 9 | — |
Legal name
ELFO AS
Org number
857305892
Legal form
Aksjeselskap
NACE code
5829 · Other software publishing
Founded
26. mars 1990
Share capital
NOK 106 000
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Address
Industriveien 8, 1481 Hagan
Phone
+4722916601
Email
marked@elfo.no
Website
www.elfo.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 231 | 13 706 | 13 408 | 14 025 | 16 309 | 17 375 | 12 582 | 10 832 | 11 616 | 10 857 | 12 077 | 15 374 | 13 856 | 14 930 |
| Staff expenses | −6 981 | −7 092 | −7 333 | −7 398 | −7 573 | −10 099 | −8 105 | −5 966 | −5 787 | −5 024 | −5 083 | −6 401 | −6 094 | −6 324 |
| EBITDA | 1 723 | 1 533 | 2 027 | 1 984 | 2 332 | 1 656 | 152 | 1 402 | 1 777 | 1 415 | 2 569 | 3 684 | 2 421 | 2 576 |
| Depreciation & amort. | −16 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −48 | −48 | −48 | −36 | −30 |
| EBIT | 1 707 | 1 533 | 2 027 | 1 984 | 2 332 | 1 656 | 152 | 1 402 | 1 777 | 1 367 | 2 521 | 3 636 | 2 385 | 2 546 |
| Net financials | 211 | 165 | 118 | 27 | −3 | 24 | 10 | 17 | 14 | −2 | 36 | 332 | 415 | 322 |
| Profit before tax | 1 918 | 1 698 | 2 145 | 2 011 | 2 330 | 1 680 | 162 | 1 419 | 1 790 | 1 364 | 2 557 | 3 968 | 2 801 | 2 867 |
| Tax | 361 | 217 | 323 | 266 | 325 | 225 | −216 | 96 | 187 | 146 | 426 | 895 | 630 | 645 |
| Net profit | 1 556 | 1 481 | 1 823 | 1 745 | 2 004 | 1 455 | 378 | 1 322 | 1 603 | 1 218 | 2 131 | 3 073 | 2 171 | 2 222 |
| Item | 2008 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 9 424 | 8 531 | 9 316 | 8 755 | 9 681 | 8 803 | 6 250 | 7 924 | 8 190 | 7 751 | 8 192 | 10 583 | 9 138 | 9 478 |
| Equity | 4 409 | 4 543 | 4 382 | 4 446 | 4 563 | 4 385 | 4 763 | 6 086 | 6 390 | 6 018 | 6 946 | 7 899 | 6 996 | 7 099 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 5 015 | 3 988 | 4 935 | 4 309 | 5 118 | 4 418 | 1 487 | 1 838 | 1 800 | 1 733 | 1 245 | 2 684 | 2 142 | 2 379 |
| Total debt | 5 015 | 3 988 | 4 935 | 4 309 | 5 118 | 4 418 | 1 487 | 1 838 | 1 800 | 1 733 | 1 245 | 2 684 | 2 142 | 2 379 |
EBITDA margin
17.3%
This company
15.8%
Market median
+9% vs market
20082025
Equity ratio
74.9%
This company
38.2%
Market median
+96% vs market
20082025
Return on equity
31.3%
This company
18.4%
Market median
+70% vs market
20082025
Net profit margin
14.9%
This company
8.1%
Market median
+84% vs market
20082025
Asset turnover
1.58×
This company
1.12×
Market median
+41% vs market
20082025
Debt / equity
0.34×
This company
0.62×
Market median
+45% vs market
20082025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
PM Chief Executive Officer | Chief Executive Officer | 2001 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
3d Invest As | Company | 47.2% | 47.2% | 2024 |
| Individual | 10.2% | 10.2% | 2022 | |
| Individual | 5.7% | 5.7% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of ELFO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Pål Magndal | Chief Executive Officer | 0 companies |
| Lars Hasle | Chairman | 0 companies |