Riskpilot← Back to searchSign inGet full accessVELOX ELECTRO NORDICS AS
ASActiveOrg 914719313Østerskogen 59, 4879 GrimstadElectrical installation · NACE 4321Est. 2015835 employees
Revenue 2024
NOK 430,1M
+43% vs 2023
EBITDA margin
3.6%
-5% vs 2023
Equity ratio
13.1%
Financial strength
Net profit 2024
NOK 11,1M
-6% vs 2023
| Revenue | NOK 430,1M | +43% |
| EBITDA | NOK 15,4M | -5% |
| Net profit | NOK 11,1M | -6% |
| Total assets | NOK 157,4M | +49% |
| Equity | NOK 20,6M | +117% |
| Employees | 835 | — |
Legal name
VELOX ELECTRO NORDICS AS
Org number
914719313
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
9. januar 2015
Share capital
NOK 48 810
Employees
835 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Bygg og anlegg elektro. Automasjon. Hvac. Maritim elektro. Automasjon. Personell utleie av ansattes arbeidskraft til oljeserviceindustrien.
Address
Østerskogen 59, 4879 Grimstad
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 63 402 | 113 551 | 80 082 | 301 404 | 430 055 |
| Staff expenses | −22 663 | −29 610 | −31 460 | −100 171 | −194 339 |
| EBITDA | 3 673 | 5 709 | 4 484 | 16 249 | 15 435 |
| Depreciation & amort. | −379 | −859 | −848 | −876 | −1 138 |
| EBIT | 3 294 | 4 850 | 3 636 | 15 372 | 14 297 |
| Net financials | 96 | 59 | 71 | −206 | 88 |
| Profit before tax | 3 391 | 4 909 | 3 708 | 15 167 | 14 386 |
| Tax | 732 | 1 102 | 870 | 3 388 | 3 280 |
| Net profit | 2 659 | 3 807 | 2 838 | 11 779 | 11 106 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 32 361 | 29 510 | 39 832 | 105 420 | 157 409 |
| Equity | 6 850 | 10 657 | 10 000 | 9 507 | 20 613 |
| Long-term debt | 604 | 1 794 | 1 616 | 1 595 | 3 282 |
| Short-term debt | 24 907 | 17 059 | 28 217 | 94 318 | 133 513 |
| Total debt | 25 511 | 18 853 | 29 832 | 95 913 | 136 796 |
EBITDA margin
3.6%
This company
15.8%
Market median
-77% vs market
20202024
Equity ratio
13.1%
This company
38.2%
Market median
-66% vs market
20202024
Return on equity
53.9%
This company
18.4%
Market median
+193% vs market
20202024
Net profit margin
2.6%
This company
8.1%
Market median
-68% vs market
20202024
Asset turnover
2.73×
This company
1.12×
Market median
+144% vs market
20202024
Debt / equity
6.64×
This company
0.62×
Market median
-971% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
GM Chief Executive Officer | Chief Executive Officer | 2015 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2025 | |
| Chairman | 2015 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 55% | 55% | 2024 | |
| Company | 45% | 45% | 2024 |
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Vinje 2 Invest As
VELOX ELECTRO NORDICS AS Board members of VELOX ELECTRO NORDICS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Geir Mykland | Chief Executive Officer | 0 companies |
| Alexander Ben Cantor | Chairman | 0 companies |
| Torje Christopher Jørgensen-Hofstøl | Chairman | 0 companies |