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Velox Electro Nordics AS
AS
Active
Org 914719313
Østerskogen 59, 4879
Grimstad
Electrical installation
·
NACE 4321
Est. 2015 · 11 years old
950 employees
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Norway
/
Companies
/
Electrical installation
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Velox Electro Nordics AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
535M
402M
268M
134M
0M
2020: 63M
63M
2020
2021: 114M (+81% vs 2020)
114M
+81%
2021
2022: 80M (-30% vs 2021)
80M
-30%
2022
2023: 301M (+276% vs 2022)
301M
+276%
2023
2024: 430M (+43% vs 2023)
430M
+43%
2024
EBITDA
NOK millions
20M
15M
10M
5M
0M
2020: 4M
4M
2020
2021: 6M (+50% vs 2020)
6M
+50%
2021
2022: 4M (-33% vs 2021)
4M
-33%
2022
2023: 16M (+300% vs 2022)
16M
+300%
2023
2024: 15M (-6% vs 2023)
15M
-6%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
430 055
301 404
80 082
113 551
63 402
Staff expenses
−194 339
−100 171
−31 460
−29 610
−22 663
EBITDA
15 435
16 249
4 484
5 709
3 673
Depreciation & amort.
−1 138
−876
−848
−859
−379
EBIT
14 297
15 372
3 636
4 850
3 294
Net financials
88
−206
71
59
96
Profit before tax
14 386
15 167
3 708
4 909
3 391
Tax
3 280
3 388
870
1 102
732
Net profit
11 106
11 779
2 838
3 807
2 659
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
157 409
105 420
39 832
29 510
32 361
Equity
20 613
9 507
10 000
10 657
6 850
Long-term debt
3 282
1 595
1 616
1 794
604
Short-term debt
133 513
94 318
28 217
17 059
24 907
Total debt
136 796
95 913
29 832
18 853
25 511
Financial ratios
5-year trend
EBITDA margin
3,6 %
This company
15,8 %
Market median
This company
Market median
77% below market
2020
2024
Equity ratio
13,1 %
This company
38,2 %
Market median
This company
Market median
66% below market
2020
2024
Return on equity
53,9 %
This company
18,4 %
Market median
This company
Market median
193% above market
2020
2024
Net profit margin
2,6 %
This company
8,1 %
Market median
This company
Market median
68% below market
2020
2024
Asset turnover
2,73×
This company
1,12×
Market median
This company
Market median
144% above market
2020
2024
Debt / equity
6,64×
This company
0,62×
Market median
This company
Market median
971% above 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
More on Velox Electro Nordics AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
