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ELCONNECT AS
AS
Active
Org 933398404
Torneroseveien 10, 3055 Krokstadelva
Electrical installation · NACE 4321
Est. 2024
16 employees
elconnect.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 41,9M
+278% vs 2024
EBITDA margin
15.9%
+305% vs 2024
Equity ratio
7.9%
Financial strength
Net profit 2025
NOK 4,8M
+293% vs 2024
EBITDA — year on year
NOK millions
9M
7M
4M
2M
0M
2M
2024
7M
+250%
2025
Key figures
Annual report 2025
Revenue
NOK 41,9M
+278%
EBITDA
NOK 6,6M
+305%
Net profit
NOK 4,8M
+293%
Total assets
NOK 13,4M
+87%
Equity
NOK 1,1M
-38%
Employees
16
—
Company information
Legal name
ELCONNECT AS
Org number
933398404
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
2. mai 2024
Share capital
NOK 1 000 000
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Rune magnussen
Company purpose
Installasjon av elektriske anlegg og alt som står i forbindelse med dette - herunder å delta i andre selskaper.
Contact
Address
Torneroseveien 10, 3055 Krokstadelva
Website
elconnect.no
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Revenue
NOK millions
0M
12M
24M
36M
48M
11M
2024
42M
2025
EBITDA
NOK millions
0M
2M
4M
6M
8M
2M
2024
7M
2025
Income statement
NOK thousands
Item
2024
2025
Revenue
11 097
41 909
Staff expenses
−2 319
−7 282
EBITDA
1 642
6 643
Depreciation & amort.
−38
−342
EBIT
1 604
6 302
Net financials
−24
−91
Profit before tax
1 580
6 210
Tax
348
1 373
Net profit
1 232
4 837
Balance sheet
NOK thousands
Item
2024
2025
Total assets
7 172
13 431
Equity
1 720
1 061
Long-term debt
243
1 476
Short-term debt
5 208
10 893
Total debt
5 451
12 370
Financial ratios
5-year trend
EBITDA margin
15.9%
This company
15.8%
Market median
+1% vs market
2024
2025
Equity ratio
7.9%
This company
38.2%
Market median
-79% vs market
2024
2025
Return on equity
455.8%
This company
18.4%
Market median
+2377% vs market
2024
2025
Net profit margin
11.5%
This company
8.1%
Market median
+42% vs market
2024
2025
Asset turnover
3.12×
This company
1.12×
Market median
+179% vs market
2024
2025
Debt / equity
11.65×
This company
0.62×
Market median
-1779% vs market
2024
2025
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
RM
Rune Magnussen
Chairman
2024
JK
Janicke Karlsen
Board of Directors
2024
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 ELCONNECT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rune Magnussen
Chairman
0 companies
Janicke Karlsen
Board of Directors
0 companies