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ELEMENT ONE ENERGY AS
AS
Active
Org 926450387
Fabrikkgaten 5, 5059 Bergen
Engineering activities and related technical consultancy · NACE 7112
Est. 2021
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 537K
+62% vs 2023
EBITDA margin
107.0%
+235% vs 2023
Equity ratio
7.0%
Financial strength
Net profit 2024
NOK 358K
+167% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 537K
+62%
EBITDA
NOK 575K
+235%
Net profit
NOK 358K
+167%
Total assets
NOK 2,5M
+120%
Equity
NOK 177K
+198%
Employees
2
—
Company information
Legal name
ELEMENT ONE ENERGY AS
Org number
926450387
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
25. januar 2021
Share capital
NOK 33 600
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikle teknologi og verdikjeder for hydrogen- og ammoniakkproduksjon uten karbondioksidutslipp.
Contact
Address
Fabrikkgaten 5, 5059 Bergen
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Companies in Engineering activities and related technical consultancy
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
384
1 190
331
537
Staff expenses
−0
−673
−507
571
EBITDA
−205
−29
−427
575
Depreciation & amort.
−0
−40
−97
−203
EBIT
−205
−69
−524
372
Net financials
0
−0
−6
−14
Profit before tax
−205
−69
−531
358
Tax
−0
−0
−0
−0
Net profit
−205
−69
−531
358
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
948
1 259
1 149
2 531
Equity
−181
350
−181
177
Long-term debt
0
0
0
0
Short-term debt
1 129
909
1 329
2 283
Total debt
1 129
909
1 329
2 283
Financial ratios
5-year trend
EBITDA margin
107.0%
This company
15.8%
Market median
+577% vs market
2021
2024
Equity ratio
7.0%
This company
38.2%
Market median
-82% vs market
2021
2024
Return on equity
201.9%
This company
18.4%
Market median
+997% vs market
2021
2024
Net profit margin
66.6%
This company
8.1%
Market median
+722% vs market
2021
2024
Asset turnover
0.21×
This company
1.12×
Market median
-81% vs market
2021
2024
Debt / equity
13.29×
This company
0.62×
Market median
-2044% 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 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AE
Anders Even Kvåle
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DV
Dag Vikar Skansen
Board of Directors
2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Maran As
Company
70.36%
70.36%
2024
Arda As
Company
10.27%
10.27%
2024
ALTERED POWER AS
Company
9.91%
9.91%
2022
Updown As
Company
9.2%
9.2%
2024
Skansen Holding Bergen As
Company
4.64%
4.64%
2024
Python Holding As
Company
2.68%
2.68%
2024
Acartia As
Company
2.41%
2.41%
2024
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Company hierarchy
Updown As
ELEMENT ONE ENERGY AS
(this company)
Board network connections
Board members of ELEMENT ONE ENERGY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anders Even Kvåle
Chief Executive Officer
0 companies
Dag Vikar Skansen
Board of Directors
0 companies