Riskpilot← Back to searchSign inGet full accessELKO AS
ASActiveOrg 911382563Sandstuveien 68, 0680 OsloWholesale of other machinery and equipment · NACE 4664Est. 194514 employeeswww.elko.no
Revenue 2024
NOK 515,8M
-2% vs 2023
EBITDA margin
19.5%
-19% vs 2023
Equity ratio
9.6%
Financial strength
Net profit 2024
NOK 163M
+40% vs 2023
| Revenue | NOK 515,8M | -2% |
| EBITDA | NOK 100,3M | -19% |
| Net profit | NOK 163M | +40% |
| Total assets | NOK 712,4M | -5% |
| Equity | NOK 68,7M | -84% |
| Employees | 14 | — |
Legal name
ELKO AS
Org number
911382563
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
17. juli 1945
Share capital
NOK 4 427 145
Employees
14 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Address
Sandstuveien 68, 0680 Oslo
Website
www.elko.no
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| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 641 095 | 689 637 | 759 617 | 783 371 | 726 042 | 683 351 | 849 857 | 849 199 | 710 364 | 524 125 | 515 824 |
| Staff expenses | −89 407 | −91 429 | −87 318 | −85 778 | −81 043 | −85 934 | −83 785 | −84 501 | −35 079 | −18 194 | −18 193 |
| EBITDA | 237 165 | 240 395 | 273 384 | 282 503 | 247 288 | 128 696 | 300 250 | 311 567 | 186 732 | 123 724 | 100 335 |
| Depreciation & amort. | −7 850 | −7 793 | −7 215 | −7 622 | −7 573 | −6 351 | −5 698 | −3 999 | −2 764 | −105 | −35 |
| EBIT | 229 315 | 232 602 | 266 169 | 274 881 | 239 715 | 122 345 | 294 552 | 307 568 | 183 968 | 123 619 | 100 300 |
| Net financials | 27 237 | 14 313 | −7 724 | 3 060 | 2 083 | 2 516 | 709 | 11 054 | 11 560 | 25 187 | 90 735 |
| Profit before tax | 256 552 | 246 915 | 258 445 | 277 941 | 241 798 | 124 861 | 295 261 | 318 622 | 195 528 | 148 806 | 191 035 |
| Tax | 69 331 | 66 598 | 64 772 | 66 068 | 54 774 | 20 276 | 64 994 | −0 | 43 078 | 32 804 | 28 084 |
| Net profit | 187 221 | 180 317 | 193 673 | 211 873 | 187 024 | 104 585 | 230 267 | 248 334 | 152 450 | 116 002 | 162 951 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 527 298 | 511 189 | 529 439 | 554 085 | 523 358 | 416 863 | 700 248 | 905 985 | 734 666 | 748 239 | 712 395 |
| Equity | 114 649 | 121 213 | 125 391 | 121 950 | 94 826 | 98 399 | 321 023 | 381 894 | 424 101 | 435 583 | 68 668 |
| Long-term debt | 5 197 | 5 662 | 4 532 | 4 460 | 3 170 | 0 | 0 | 0 | 0 | 0 | 1 009 |
| Short-term debt | 405 370 | 382 699 | 398 304 | 427 027 | 425 131 | 318 247 | 379 028 | 523 892 | 310 411 | 312 528 | 642 616 |
| Total debt | 410 567 | 388 361 | 402 836 | 431 487 | 428 301 | 318 247 | 379 028 | 523 892 | 310 411 | 312 528 | 643 624 |
EBITDA margin
19.5%
This company
15.8%
Market median
+23% vs market
20142024
Equity ratio
9.6%
This company
38.2%
Market median
-75% vs market
20142024
Return on equity
237.3%
This company
18.4%
Market median
+1190% vs market
20142024
Net profit margin
31.6%
This company
8.1%
Market median
+290% vs market
20142024
Asset turnover
0.72×
This company
1.12×
Market median
-36% vs market
20142024
Debt / equity
9.37×
This company
0.62×
Market median
-1411% vs market
20142024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
IO Deputy Member | Deputy Member | 2022 | — | — |
TN Observer | Observer | 2022 | — | — |
YX Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
SS Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
KK Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Lexel Holding Norge As | Company | 100.0% | 100.0% | 2023 |
Schneider Electric Norge As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Schneider Electric Norge As
ELKO AS Board members of ELKO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ingar Ottosen | Deputy Member | 0 companies |
| Thomas Nereng Skaar | Observer | 0 companies |
| Yannick Xavier Pichi | Chief Executive Officer | 0 companies |
| Sowmya Swaminathan | Chief Executive Officer | 0 companies |
| Kjetil Kaldestad | Chief Executive Officer | 0 companies |
| Eivind Martin Løkken | Board of Directors | 0 companies |
| Jonas Henni Normann | Board of Directors | 0 companies |
| Karoline Nystrøm | Chairman | 0 companies |
| Rasmus Haagensen | Board of Directors | 0 companies |
| Alexandre Christian André Vermot | Chairman | 0 companies |
| Henrik Holck-Clausen | Board of Directors | 0 companies |
| Vidar Knutsen | Board of Directors | 0 companies |