Riskpilot← Back to searchSign inGet full accessALVA INDUSTRIES AS
ASActiveOrg 918714006Fossegrenda 1E, 7038 TrondheimManufacture of electric motors, generators and transformers · NACE 2711Est. 201750 employeeswww.alvaindustries.com
Revenue 2024
NOK 14,3M
+90% vs 2023
EBITDA margin
-201.8%
+36% vs 2023
Equity ratio
78.8%
Financial strength
Net profit 2024
NOK -25,8M
+32% vs 2023
| Revenue | NOK 14,3M | +90% |
| EBITDA | NOK -28,8M | +36% |
| Net profit | NOK -25,8M | +32% |
| Total assets | NOK 124,6M | -6% |
| Equity | NOK 98,2M | -21% |
| Employees | 50 | — |
Legal name
ALVA INDUSTRIES AS
Org number
918714006
Legal form
Aksjeselskap
NACE code
2711 · Manufacture of electric motors, generators and transformers
Founded
17. mars 2017
Share capital
NOK 136 593
Employees
50 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Å utvikle innovative elektriske motorer og generatorer og tilhørende teknologier for produksjon, design og implementering av elektriske motorer og generatorer i ulike industrier og anvendelsesområder.
Address
Fossegrenda 1E, 7038 Trondheim
Website
www.alvaindustries.com
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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 | 15 382 | 20 448 | 8 139 | 7 491 | 14 257 |
| Staff expenses | −8 887 | −13 760 | −17 804 | −30 045 | −24 674 |
| EBITDA | 972 | −2 592 | −27 425 | −45 240 | −28 776 |
| Depreciation & amort. | −223 | −474 | −6 857 | −6 160 | −7 444 |
| EBIT | 749 | −3 065 | −34 282 | −51 400 | −36 220 |
| Net financials | −568 | 82 | −84 | 1 474 | 2 491 |
| Profit before tax | 181 | −2 984 | −34 366 | −49 926 | −33 730 |
| Tax | 38 | −953 | −8 266 | −11 933 | −7 896 |
| Net profit | 143 | −2 031 | −26 100 | −37 993 | −25 834 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 53 104 | 45 909 | 134 438 | 132 735 | 124 625 |
| Equity | 37 523 | 35 492 | 45 765 | 124 417 | 98 245 |
| Long-term debt | 1 500 | 1 500 | 0 | 0 | 0 |
| Short-term debt | 14 082 | 8 917 | 88 673 | 8 319 | 26 380 |
| Total debt | 15 582 | 10 417 | 88 673 | 8 319 | 26 380 |
EBITDA margin
-201.8%
This company
15.8%
Market median
-1377% vs market
20202024
Equity ratio
78.8%
This company
38.2%
Market median
+106% vs market
20202024
Return on equity
-26.3%
This company
18.4%
Market median
-243% vs market
20202024
Net profit margin
-181.2%
This company
8.1%
Market median
-2337% vs market
20202024
Asset turnover
0.11×
This company
1.12×
Market median
-90% vs market
20202024
Debt / equity
0.27×
This company
0.62×
Market median
+56% 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 (3) | ||
PB Deputy Member | Deputy Member | 2024 |
SO Observer | Observer | 2024 |
OA Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (1) | ||
JS Chief Executive Officer | Chief Executive Officer | 2017 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2024 | |
| Chairman | 2024 | |
| Board of Directors | 2023 | |
| Board of Directors | 2024 | |
| Board of Directors | 2024 | |
| Former (5) | ||
| Board of Directors | 2023 – 2023 | |
| Board of Directors | 2023 – 2023 | |
| Board of Directors | 2021 – 2023 | |
| Board of Directors | 2023 – 2024 | |
| Chairman | 2023 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 22.21% | 22.21% | 2024 | |
| Company | 12.7% | 12.7% | 2024 | |
| Company | 8.51% | 8.51% | 2024 | |
| Company | 7.83% | 7.83% | 2024 | |
| Company | 7.13% | 7.13% | 2024 | |
| Company | 5.45% | 5.45% | 2022 | |
| Individual | 4.61% | 4.61% | 2022 | |
Drone Fund Iii Investment Ltd | Company | 3.57% | 3.57% | 2024 |
| Company | 3.45% | 3.45% | 2024 | |
| Company | 3.28% | 3.28% | 2024 | |
| Company | 2.89% | 2.89% | 2024 | |
| Individual | 2.07% | 2.07% | 2022 | |
| Company | 2.05% | 2.05% | 2024 | |
Ultranav International Ii S.A | Company | 1.72% | 1.72% | 2024 |
| Company | 1.54% | 1.54% | 2024 | |
Five T Capital Holding Ag | Company | 1.4% | 1.4% | 2024 |
| Individual | 1.25% | 1.25% | 2024 | |
| Company | 1.25% | 1.25% | 2024 | |
| Company | 1.15% | 1.15% | 2024 | |
| Company | 1.15% | 1.15% | 2024 | |
| Company | 1.05% | 1.05% | 2024 | |
| Company | 1.03% | 1.03% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Mando As
ALVA INDUSTRIES AS Board members of ALVA INDUSTRIES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Philipp Betschart | Deputy Member | 0 companies |
| Svein Oscar Spieler | Observer | 0 companies |
| Oliver Andre Skisland | Chief Executive Officer | 0 companies |
| Jørgen Selnes | Chief Executive Officer | 0 companies |
| Mikkel Andreas Ektvedt | Board of Directors | 0 companies |
| Mark Anthony Howard | Board of Directors | 0 companies |
| Per Otto Dyb | Board of Directors | 0 companies |
| Ståle Svenning | Chairman | 0 companies |
| Torgunn Olianne Oldeide | Board of Directors | 0 companies |
| Jonas Myklebost | Board of Directors | 0 companies |
| Knut Klonteig Nielsen | Board of Directors | 0 companies |
| Kasper Kvinnesland | Board of Directors | 0 companies |
| David Joseph Dupont | Board of Directors | 0 companies |
| Petter Jan Fjellstad | Chairman | 0 companies |