Riskpilot← Back to searchSign inGet full accessELTEL NETWORKS AS
ASActiveOrg 912955915Haavard Martinsens Vei 30, 0978 OsloConstruction of utility projects for electricity and telecommunications · NACE 4222Est. 1933538 employeeswww.eltelnetworks.no
Revenue 2025
NOK 1,2B
-12% vs 2024
EBITDA margin
-3.2%
+67% vs 2024
Equity ratio
11.1%
Financial strength
Net profit 2025
NOK -63M
+59% vs 2024
| Revenue | NOK 1,2B | -12% |
| EBITDA | NOK -37,4M | +67% |
| Net profit | NOK -63M | +59% |
| Total assets | NOK 313,6M | -7% |
| Equity | NOK 35M | +169% |
| Employees | 538 | — |
Legal name
ELTEL NETWORKS AS
Org number
912955915
Legal form
Aksjeselskap
NACE code
4222 · Construction of utility projects for electricity and telecommunications
Founded
19. januar 1933
Share capital
NOK 18 690 480
Employees
538 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styreformann og daglig leder i fellesskap, eller en av disse to og ett av de øvrige styremedlemmene i fellesskap.
Company purpose
Entreprenørvirksomhet, herunder også vedlikehold, innen markedsområdene energi, bygg- og anlegg, telkommunikasjon og offshore, nasjonalt og internasjonalt.
Address
Haavard Martinsens Vei 30, 0978 Oslo
Email
info.sweden@eltelnetworks.com
Website
www.eltelnetworks.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1 637 678 | 1 785 665 | 1 490 269 | 1 337 581 | 1 171 901 |
| Staff expenses | −676 523 | −710 533 | −690 615 | −668 768 | −544 172 |
| EBITDA | 101 087 | 34 404 | −50 035 | −112 604 | −37 421 |
| Depreciation & amort. | −16 874 | −19 519 | −16 220 | −15 110 | −13 961 |
| EBIT | 84 213 | 14 885 | −66 255 | −127 714 | −51 382 |
| Net financials | −3 753 | −6 318 | −8 438 | −9 463 | −11 636 |
| Profit before tax | 80 460 | 8 567 | −74 693 | −137 177 | −63 018 |
| Tax | 17 553 | 1 636 | −16 685 | 16 619 | −0 |
| Net profit | 62 907 | 6 931 | −58 008 | −153 796 | −63 018 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 638 940 | 569 084 | 421 439 | 337 493 | 313 590 |
| Equity | 202 850 | 174 780 | 116 773 | 12 977 | 34 965 |
| Long-term debt | 3 892 | 66 | 0 | 0 | 0 |
| Short-term debt | 430 085 | 394 238 | 304 666 | 324 516 | 278 625 |
| Total debt | 433 977 | 394 304 | 304 666 | 324 516 | 278 625 |
EBITDA margin
-3.2%
This company
15.8%
Market median
-120% vs market
20212025
Equity ratio
11.1%
This company
38.2%
Market median
-71% vs market
20212025
Return on equity
-180.2%
This company
18.4%
Market median
-1079% vs market
20212025
Net profit margin
-5.4%
This company
8.1%
Market median
-167% vs market
20212025
Asset turnover
3.74×
This company
1.12×
Market median
+234% vs market
20212025
Debt / equity
7.97×
This company
0.62×
Market median
-1185% vs market
20212025
- 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
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
IT Chief Executive Officer | Chief Executive Officer | 2025 |
TP Deputy Member | Deputy Member | 2025 |
LA Deputy Member | Deputy Member | 2025 |
RA Deputy Member | Deputy Member | 2025 |
| Former (5) | ||
ER Deputy Member | Deputy Member | 2025 – 2025 |
JS Deputy Member | Deputy Member | 2025 – 2025 |
ES Deputy Member | Deputy Member | 2025 – 2025 |
TB Chief Executive Officer | Chief Executive Officer | 2018 – 2025 |
IM Deputy Member | Deputy Member | 2023 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
| Board of Directors | 2025 | |
| Chairman | 2023 | |
| Board of Directors | 2024 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Former (7) | ||
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2022 – 2023 | |
| Chairman | 2021 – 2022 | |
| Board of Directors | 2023 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Eltel Networks Oy | Company | 100% | 100% | 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 ELTEL NETWORKS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ingrid Therese Tjøsvold | Chief Executive Officer | 0 companies |
| Tom Petter Eriksen | Deputy Member | 0 companies |
| Lise Adriansen | Deputy Member | 0 companies |
| Robin Andersen | Deputy Member | 0 companies |
| Espen Rød Stordal | Deputy Member | 0 companies |
| Jo Sigbjørn Undem | Deputy Member | 0 companies |
| Eric Sigurd Schweitzer Sæby | Deputy Member | 0 companies |
| Thor-Egel Bråthen | Chief Executive Officer | 0 companies |
| Ivar Marthinsen | Deputy Member | 0 companies |
| Arild-Oskar Rekdal | Board of Directors | 0 companies |
| Tom-Werner Andersen | Board of Directors | 0 companies |
| Jan Håkan Martin Dahlström | Chairman | 0 companies |
| Caroline Anna Sofie Lindgren | Board of Directors | 0 companies |
| Erik Gustaf Henrik Sundell | Board of Directors | 0 companies |
| Malin Mogstad | Board of Directors | 0 companies |
| Satu Anne-Mari Luusua | Board of Directors | 0 companies |
| Ann Olene Djønne Boge | Board of Directors | 0 companies |
| Lasse Lyngøy | Board of Directors | 0 companies |
| Saila Susanna Miettinen-Lähde | Board of Directors | 0 companies |
| Lasse Meier Strand | Board of Directors | 0 companies |
| Lars Casimir Lindholm | Chairman | 0 companies |
| Dortea Gjervik | Board of Directors | 0 companies |