Init Eldor AS is a Norwegian AS based in Stavanger, operating in the All other professional, scientific and technical activities n.e.c. sector. Incorporated in 2014, the company has 23 employees and reported revenue of NOK 70.0m in its latest annual filing.
In its most recent annual report (2025), Init Eldor AS reported revenue of NOK 70.0m, a decrease of 1% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 11.9m, and the EBITDA margin stood at 20.9%.
At the end of 2025, equity financed 21% of the balance sheet, and current assets covered short-term debt 1.5 times.
Frequently asked questions
What is the Org number of Init Eldor AS?
Init Eldor AS is registered with Brønnøysundsregistrene under Org 913480597.
What is the revenue of Init Eldor AS?
Init Eldor AS reported revenue of NOK 70.0m in 2025.
How many employees does Init Eldor AS have?
Init Eldor AS employs 23 people as of the latest annual report.
Who is the CEO of Init Eldor AS?
Gisle Ersdal is the CEO of Init Eldor AS, in role since 2021.
Who is the chairman of Init Eldor AS?
Alexander Risøy chairs the board of Init Eldor AS, in role since 2024.
Where is Init Eldor AS headquartered?
Init Eldor AS's registered address is Kanalsletta 4, 4033 Stavanger.
