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LØVVIK AERO TELECOM AS
AS
Active
Org 911810670
Kvalamarka 5, 5514 Haugesund
Construction of utility projects for electricity and telecommunications · NACE 4222
Est. 2013
30 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 35,3M
+26% vs 2023
EBITDA margin
9.8%
+29% vs 2023
Equity ratio
26.5%
Financial strength
Net profit 2024
NOK 2,4M
+25% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
1M
2020
2M
+100%
2021
0M
-100%
2022
3M
+300%
2023
3M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 35,3M
+26%
EBITDA
NOK 3,5M
+29%
Net profit
NOK 2,4M
+25%
Total assets
NOK 14,7M
+43%
Equity
NOK 3,9M
+47%
Employees
30
—
Company information
Legal name
LØVVIK AERO TELECOM AS
Org number
911810670
Legal form
Aksjeselskap
NACE code
4222 · Construction of utility projects for electricity and telecommunications
Founded
4. mai 2013
Share capital
NOK 30 000
Employees
30 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Bygging av anlegg for elektrisitet og telecom, og alt som står i naturlig forbindelse med dette.
Contact
Address
Kvalamarka 5, 5514 Haugesund
Phone
+4747820565
Email
post@aero-as.no
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Companies in Construction of utility projects for electricity and telecommunications
Companies in Haugesund
All Norway companies
Revenue
NOK millions
0M
10M
20M
30M
40M
18M
2020
20M
2021
25M
2022
28M
2023
35M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
1M
2020
2M
2021
0M
2022
3M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
18 026
20 122
25 142
27 952
35 286
Staff expenses
−11 084
−12 368
−15 330
−16 610
−20 823
EBITDA
777
1 943
134
2 688
3 461
Depreciation & amort.
−472
−494
−392
−166
−333
EBIT
305
1 449
−258
2 522
3 129
Net financials
−32
−21
−44
−30
−18
Profit before tax
273
1 428
−302
2 492
3 111
Tax
60
314
−53
548
687
Net profit
213
1 114
−249
1 944
2 424
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
7 627
7 615
8 264
10 278
14 706
Equity
1 854
1 889
1 641
2 649
3 903
Long-term debt
553
428
313
0
0
Short-term debt
5 220
5 297
6 310
7 629
10 803
Total debt
5 773
5 725
6 623
7 629
10 803
Financial ratios
5-year trend
EBITDA margin
9.8%
This company
15.8%
Market median
-38% vs market
2020
2024
Equity ratio
26.5%
This company
38.2%
Market median
-31% vs market
2020
2024
Return on equity
62.1%
This company
18.4%
Market median
+238% vs market
2020
2024
Net profit margin
6.9%
This company
8.1%
Market median
-15% vs market
2020
2024
Asset turnover
2.40×
This company
1.12×
Market median
+114% vs market
2020
2024
Debt / equity
2.77×
This company
0.62×
Market median
-347% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
TL
Trygve Løvvik
Deputy Member
Deputy Member
2013 – 2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
FL
Fredrick Løvvik
Chairman
2021
SF
Stian Flage
Board of Directors
2021
BB
Bård Bårdsen
Board of Directors
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Aero Holding As
Company
100%
100%
2024
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Company hierarchy
Aero Holding As
LØVVIK AERO TELECOM AS
(this company)
Board network connections
Board members of LØVVIK AERO TELECOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Trygve Løvvik
Deputy Member
0 companies
Fredrick Løvvik
Chairman
0 companies
Stian Flage
Board of Directors
0 companies
Bård Bårdsen
Board of Directors
0 companies