Riskpilot← Back to searchSign inGet full accessELFO SUBSEA AS
ASActiveOrg 921468237Askeladden 3, 3614 KongsbergEngineering activities and related technical consultancy · NACE 7112Est. 201810 employees
Revenue 2024
NOK 47,9M
EBITDA margin
23.1%
Equity ratio
36.0%
Financial strength
Net profit 2024
NOK 7,9M
10 employees
| Revenue | NOK 47,9M | — |
| EBITDA | NOK 11,1M | — |
| Net profit | NOK 7,9M | — |
| Total assets | NOK 34,1M | — |
| Equity | NOK 12,3M | — |
| Employees | 10 | — |
Legal name
ELFO SUBSEA AS
Org number
921468237
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
1. oktober 2018
Share capital
NOK 375 000
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Produsere og utvikle elektriske og fiber optiske løsninger for undervanns bruk, med tilstøtende aktiviteter.
Address
Askeladden 3, 3614 Kongsberg
Phone
+4740865018
Email
hp@elfos.no
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 | 20 737 | 29 819 | 27 653 | 0 | 47 941 |
| Staff expenses | −5 285 | −8 929 | −8 663 | −0 | −13 457 |
| EBITDA | 5 482 | 6 784 | 4 694 | 0 | 11 060 |
| Depreciation & amort. | −88 | −695 | −892 | −0 | −1 035 |
| EBIT | 5 393 | 6 089 | 3 801 | 0 | 10 024 |
| Net financials | 24 | −785 | −39 | 0 | −54 |
| Profit before tax | 5 417 | 5 304 | 3 763 | 0 | 9 970 |
| Tax | 941 | 1 090 | 705 | −0 | 2 075 |
| Net profit | 4 477 | 4 214 | 3 057 | 0 | 7 895 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 8 594 | 23 066 | 16 352 | — | 34 106 |
| Equity | 4 411 | 7 625 | 9 682 | — | 12 294 |
| Long-term debt | 880 | 0 | 0 | 0 | 0 |
| Short-term debt | 3 303 | 12 221 | 4 771 | 0 | 21 032 |
| Total debt | 4 183 | 15 441 | 6 670 | 0 | 21 812 |
EBITDA margin
23.1%
This company
15.8%
Market median
+46% vs market
20202024
Equity ratio
36.0%
This company
38.2%
Market median
+6% vs market
20202024
Return on equity
64.2%
This company
18.4%
Market median
+249% vs market
20202024
Net profit margin
16.5%
This company
8.1%
Market median
+104% vs market
20202024
Asset turnover
1.41×
This company
1.12×
Market median
+26% vs market
20202024
Debt / equity
1.77×
This company
0.62×
Market median
-185% 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2025 | |
| Chairman | 2018 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 50% | 50% | 2024 | |
| Company | 50% | 50% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Elfo Engineering As
ELFO SUBSEA AS Board members of ELFO SUBSEA AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Heikki Pynttäri | Chairman | 0 companies |
| Oddbjørn Aase | Chairman | 0 companies |