What is the Org number of FLEXEL AS?

FLEXEL AS is registered with Brønnøysundsregistrene under Org 924548770.

What is the revenue of FLEXEL AS?

FLEXEL AS reported revenue of NOK 1,8M in 2025.

How many employees does FLEXEL AS have?

FLEXEL AS employs 1 people as of the latest annual report.

Who is the CEO of FLEXEL AS?

Morten Aleksander Elveskog is the CEO of FLEXEL AS.

Where is FLEXEL AS headquartered?

FLEXEL AS's registered address is Kildalveien 224, 9154 Storslett.

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FLEXEL AS

ASActive

Org 924548770Kildalveien 224, 9154 StorslettWholesale of other machinery and equipment· NACE 4664Est. 2020 · 6 years old1 employeeswww.flexel.no

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	7 715	2 971	2 117	783	1 850
Staff expenses	−429	−539	−469	49	−6
EBITDA	49	−140	−44	208	378
Depreciation & amort.	−18	−18	−33	−31	−35
EBIT	30	−158	−78	178	343
Net financials	−1	−30	−7	1	−17
Profit before tax	29	−188	−84	179	326
Tax	6	−41	34	−0	68
Net profit	23	−147	−119	179	258

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	600	972	435	296	1 071
Equity	303	135	16	125	383
Long-term debt	7	0	0	104	0
Short-term debt	291	837	418	68	232
Total debt	298	837	418	171	688

Financial ratios

5-year trend

EBITDA margin

20.4%

This company

15.8%

Market median

+29% vs market

20212025

Equity ratio

35.8%

This company

38.2%

Market median

+6% vs market

20212025

Return on equity

67.4%

This company

18.4%

Market median

+266% vs market

20212025

Net profit margin

14.0%

This company

8.1%

Market median

+73% vs market

20212025

Asset turnover

1.73×

This company

1.12×

Market median

+54% vs market

20212025

Debt / equity

1.79×

This company

0.62×

Market median

-189% vs market

20212025

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

FLEXEL AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on FLEXEL AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on FLEXEL AS