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ELEMENT LAB AS
AS
Active
Org 926396994
Karenslyst Allé 2, 0278 Oslo
Sports and recreation education · NACE 8551
Est. 2021
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 267K
+159% vs 2023
EBITDA margin
42.1%
+191% vs 2023
Equity ratio
21.4%
Financial strength
Net profit 2024
NOK 60K
+105% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 267K
+159%
EBITDA
NOK 112K
+191%
Net profit
NOK 60K
+105%
Total assets
NOK 426K
+353%
Equity
NOK 91K
+192%
Employees
0
—
Company information
Legal name
ELEMENT LAB AS
Org number
926396994
Legal form
Aksjeselskap
NACE code
8551 · Sports and recreation education
Founded
15. januar 2021
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg av undervisning, trening, aktivitet.
Contact
Address
Karenslyst Allé 2, 0278 Oslo
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Companies in Sports and recreation education
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
0
0
103
267
Staff expenses
−0
−0
−0
−0
EBITDA
−0
0
39
112
Depreciation & amort.
−0
−0
−0
−16
EBIT
−0
0
39
96
Net financials
0
0
−0
−4
Profit before tax
−0
0
38
92
Tax
−0
−0
9
32
Net profit
−0
0
29
60
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
24
24
94
426
Equity
24
24
31
91
Long-term debt
0
0
0
165
Short-term debt
0
0
63
170
Total debt
0
0
63
335
Financial ratios
5-year trend
EBITDA margin
42.1%
This company
15.8%
Market median
+166% vs market
2021
2024
Equity ratio
21.4%
This company
38.2%
Market median
-44% vs market
2021
2024
Return on equity
65.7%
This company
18.4%
Market median
+257% vs market
2021
2024
Net profit margin
22.4%
This company
8.1%
Market median
+177% vs market
2021
2024
Asset turnover
0.63×
This company
1.12×
Market median
-44% vs market
2021
2024
Debt / equity
3.68×
This company
0.62×
Market median
-494% vs market
2021
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 2020-11-25 – 2021-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
GK
Geir Kåre Cemsoylu Nyland
Chairman
2021
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ELEMENT LAB AS also hold positions in
0
other companies.
Person
Role here
Other companies
Geir Kåre Cemsoylu Nyland
Chairman
0 companies