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AGDER ELEMENT AS
AS
Active
Org 928883930
Oreveien 45, 4560 Vanse
Manufacture of other builders' carpentry and joinery · NACE 1623
Est. 2022
16 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 14,7M
-8% vs 2023
EBITDA margin
5.3%
+23% vs 2023
Equity ratio
13.5%
Financial strength
Net profit 2024
NOK 257K
+29% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 14,7M
-8%
EBITDA
NOK 775K
+23%
Net profit
NOK 257K
+29%
Total assets
NOK 7,6M
+28%
Equity
NOK 1M
+33%
Employees
16
—
Company information
Legal name
AGDER ELEMENT AS
Org number
928883930
Legal form
Aksjeselskap
NACE code
1623 · Manufacture of other builders' carpentry and joinery
Founded
7. mars 2022
Share capital
NOK 450 000
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å utvikle og selge prefabrikkerte bygningselementer i tre i det nordiske markedet, samt oppgaver som hører naturlig sammen med dette m.m.
Contact
Address
Oreveien 45, 4560 Vanse
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Companies in Manufacture of other builders' carpentry and joinery
Companies in Farsund
All Norway companies
Revenue
NOK millions
0M
5M
9M
14M
18M
7M
2022
16M
2023
15M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
6 883
15 971
14 658
Staff expenses
−3 654
−11 177
−9 899
EBITDA
316
629
775
Depreciation & amort.
−96
−166
−188
EBIT
220
463
587
Net financials
−69
−206
−224
Profit before tax
152
256
362
Tax
33
56
105
Net profit
118
200
257
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
3 999
5 963
7 644
Equity
574
774
1 031
Long-term debt
1 476
1 274
1 049
Short-term debt
1 949
3 915
5 564
Total debt
3 426
5 189
6 613
Financial ratios
5-year trend
EBITDA margin
5.3%
This company
15.8%
Market median
-66% vs market
2022
2024
Equity ratio
13.5%
This company
38.2%
Market median
-65% vs market
2022
2024
Return on equity
24.9%
This company
18.4%
Market median
+35% vs market
2022
2024
Net profit margin
1.8%
This company
8.1%
Market median
-78% vs market
2022
2024
Asset turnover
1.92×
This company
1.12×
Market median
+71% vs market
2022
2024
Debt / equity
6.42×
This company
0.62×
Market median
-935% vs market
2022
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
VL
Vidar Lund
Chief Executive Officer
Chief Executive Officer
2023
Former (1)
GØ
Geir Østensen
Chief Executive Officer
Chief Executive Officer
2022 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RJ
Rune Johnsen
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Agder Bolig Gruppen As
Company
66.67%
66.67%
2024
Unknown
Individual
33.33%
33.33%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Agder Bolig Gruppen As
AGDER ELEMENT AS
(this company)
Board network connections
Board members of AGDER ELEMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Geir Østensen
Chief Executive Officer
0 companies
Vidar Lund
Chief Executive Officer
0 companies
Rune Johnsen
Chairman
0 companies