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ÆLVEBADSTUA AS
AS
Active
Org 923305211
Rugdeveien 38, 3030 Drammen
Day spa, sauna and steam bath activities · NACE 9623
Est. 2019
6 employees
www.elvebadstua.no
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 3,3M
+26% vs 2024
EBITDA margin
36.7%
+56% vs 2024
Equity ratio
27.5%
Financial strength
Net profit 2025
NOK 870K
+47% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 3,3M
+26%
EBITDA
NOK 1,2M
+56%
Net profit
NOK 870K
+47%
Total assets
NOK 4,9M
+280%
Equity
NOK 1,4M
+179%
Employees
6
—
Company information
Legal name
ÆLVEBADSTUA AS
Org number
923305211
Legal form
Aksjeselskap
NACE code
9623 · Day spa, sauna and steam bath activities
Founded
30. august 2019
Share capital
NOK 30 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Badstuedrift.
Contact
Address
Rugdeveien 38, 3030 Drammen
Website
www.elvebadstua.no
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Companies in Day spa, sauna and steam bath activities
Companies in Drammen
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2021
1M
2022
1M
2023
3M
2024
3M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
293
687
1 195
2 618
3 296
Staff expenses
−0
−447
−684
−792
−869
EBITDA
124
74
171
775
1 211
Depreciation & amort.
−0
−0
−0
−0
−92
EBIT
124
74
171
775
1 118
Net financials
0
−0
0
−4
−1
Profit before tax
124
74
171
771
1 117
Tax
−0
−0
54
181
247
Net profit
124
74
117
590
870
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
129
310
583
1 297
4 932
Equity
250
185
47
487
1 357
Long-term debt
0
−27
0
0
0
Short-term debt
−121
153
536
810
3 545
Total debt
−121
125
536
810
3 575
Financial ratios
5-year trend
EBITDA margin
36.7%
This company
15.8%
Market median
+132% vs market
2021
2025
Equity ratio
27.5%
This company
38.2%
Market median
-28% vs market
2021
2025
Return on equity
64.1%
This company
18.4%
Market median
+248% vs market
2021
2025
Net profit margin
26.4%
This company
8.1%
Market median
+226% vs market
2021
2025
Asset turnover
0.67×
This company
1.12×
Market median
-40% vs market
2021
2025
Debt / equity
2.64×
This company
0.62×
Market median
-326% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JM
Jeanette Midtdal Skullerud
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
AW
Anders Wengen
Board of Directors
2019
HA
Hege Aass
Board of Directors
2019
AM
Arve Magne Vannebo
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Anwe Holding As
Company
32.5%
32.5%
2022
Unknown
Individual
32.5%
32.5%
2022
Ælvebadstua As
Company
2.5%
2.5%
2022
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Company hierarchy
Anwe Holding As
ÆLVEBADSTUA AS
(this company)
Board network connections
Board members of ÆLVEBADSTUA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jeanette Midtdal Skullerud
Chief Executive Officer
0 companies
Anders Wengen
Board of Directors
0 companies
Hege Aass
Board of Directors
0 companies
Arve Magne Vannebo
Chairman
0 companies