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ELMOTOR AS
AS
Active
Org 929286340
Robotvegen 28, 4341 Bryne
Manufacture of electric motors, generators and transformers · NACE 2711
Est. 2022
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,8M
+130% vs 2023
EBITDA margin
19.4%
+302% vs 2023
Equity ratio
43.5%
Financial strength
Net profit 2024
NOK 1,2M
+277% vs 2023
EBITDA — year on year
NOK millions
0M
1M
1M
2M
3M
0M
2022
0M
0%
2023
2M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 8,8M
+130%
EBITDA
NOK 1,7M
+302%
Net profit
NOK 1,2M
+277%
Total assets
NOK 4,6M
+168%
Equity
NOK 2M
+140%
Employees
1
—
Company information
Legal name
ELMOTOR AS
Org number
929286340
Legal form
Aksjeselskap
NACE code
2711 · Manufacture of electric motors, generators and transformers
Founded
1. juni 2022
Share capital
NOK 500 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Virksomhet er knyttet til utvikling, design, konsulenttjenester og produksjons tilrettelegging av el motorer og ulike elektriske maskiner og utstyr.
Contact
Address
Robotvegen 28, 4341 Bryne
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Companies in Manufacture of electric motors, generators and transformers
Companies in Klepp
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
1M
2022
4M
2023
9M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2022
0M
2023
2M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
1 122
3 838
8 817
Staff expenses
−338
−1 198
−1 380
EBITDA
26
424
1 708
Depreciation & amort.
−0
−0
−0
EBIT
26
424
1 708
Net financials
−14
−10
−52
Profit before tax
12
414
1 656
Tax
4
91
440
Net profit
9
323
1 216
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
1 158
1 714
4 596
Equity
509
832
1 997
Long-term debt
0
0
0
Short-term debt
650
883
2 599
Total debt
650
883
2 599
Financial ratios
5-year trend
EBITDA margin
19.4%
This company
15.8%
Market median
+23% vs market
2022
2024
Equity ratio
43.5%
This company
38.2%
Market median
+14% vs market
2022
2024
Return on equity
60.9%
This company
18.4%
Market median
+231% vs market
2022
2024
Net profit margin
13.8%
This company
8.1%
Market median
+70% vs market
2022
2024
Asset turnover
1.92×
This company
1.12×
Market median
+71% vs market
2022
2024
Debt / equity
1.30×
This company
0.62×
Market median
-110% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SJ
Svein Joar Vareberg
Board of Directors
2025
—
—
SM
Svein Martin Løvås
Chairman
2022
—
—
VL
Vidar Løtveit
Chairman
2025
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kalibra As
Company
25.0%
25.0%
2024
Steinar Austefjord
Individual
10.0%
10.0%
2024
Elmotor As
Company
10.0%
10.0%
2024
Jarl Audun Voster
Individual
10.0%
10.0%
2023
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
No registered parent or subsidiaries
Board network connections
Board members of ELMOTOR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Svein Joar Vareberg
Board of Directors
0 companies
Svein Martin Løvås
Chairman
0 companies
Vidar Løtveit
Chairman
0 companies