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FLORVAAG ELEKTRONIKK AS
AS
Active
Org 936399312
Breivika Industriveg 44, 6018 Ålesund
Wholesale of information and communication equipment · NACE 4650
Est. 1985
8 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 54,1M
+9% vs 2023
EBITDA margin
14.5%
+140% vs 2023
Equity ratio
66.4%
Financial strength
Net profit 2024
NOK 5,9M
+152% vs 2023
EBITDA — year on year
NOK millions
10M
8M
5M
3M
0M
4M
2020
5M
+25%
2021
4M
-20%
2022
3M
-25%
2023
8M
+167%
2024
Key figures
Annual report 2024
Revenue
NOK 54,1M
+9%
EBITDA
NOK 7,9M
+140%
Net profit
NOK 5,9M
+152%
Total assets
NOK 20,2M
+4%
Equity
NOK 13,4M
+40%
Employees
8
—
Company information
Legal name
FLORVAAG ELEKTRONIKK AS
Org number
936399312
Legal form
Aksjeselskap
NACE code
4650 · Wholesale of information and communication equipment
Founded
1. mars 1985
Share capital
NOK 200 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Contact
Address
Breivika Industriveg 44, 6018 Ålesund
Phone
+4770147606
Email
florvaag@florvaag.no
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Companies in Wholesale of information and communication equipment
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
16M
31M
47M
62M
38M
2020
40M
2021
38M
2022
49M
2023
54M
2024
EBITDA
NOK millions
0M
2M
5M
7M
9M
4M
2020
5M
2021
4M
2022
3M
2023
8M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
37 696
40 272
37 787
49 483
54 144
Staff expenses
−5 727
−5 454
−6 275
−9 204
−8 353
EBITDA
3 720
5 038
3 919
3 267
7 852
Depreciation & amort.
−258
−259
−249
−280
−403
EBIT
3 462
4 779
3 669
2 987
7 449
Net financials
−66
18
92
−7
71
Profit before tax
3 396
4 796
3 761
2 980
7 520
Tax
747
1 056
830
655
1 659
Net profit
2 649
3 740
2 931
2 325
5 861
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
18 968
14 543
16 676
19 485
20 218
Equity
7 560
8 300
8 231
9 556
13 417
Long-term debt
544
406
272
15
7
Short-term debt
10 865
5 836
8 172
9 914
6 794
Total debt
11 408
6 243
8 444
9 929
6 801
Financial ratios
5-year trend
EBITDA margin
14.5%
This company
15.8%
Market median
-8% vs market
2020
2024
Equity ratio
66.4%
This company
38.2%
Market median
+74% vs market
2020
2024
Return on equity
43.7%
This company
18.4%
Market median
+138% vs market
2020
2024
Net profit margin
10.8%
This company
8.1%
Market median
+33% vs market
2020
2024
Asset turnover
2.68×
This company
1.12×
Market median
+139% vs market
2020
2024
Debt / equity
0.51×
This company
0.62×
Market median
+18% vs market
2020
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
VM
Vidar Mauren
Deputy Member
Deputy Member
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
AF
Annette Florvaag
Board of Directors
2020
TF
Tore Florvaag
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Tore Florvaag As
Company
40%
40%
2024
Annette Florvaag As
Company
20%
20%
2024
Katrine Florvaag As
Company
20%
20%
2024
Vidar Mauren As
Company
20%
20%
2024
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Company hierarchy
Annette Florvaag As
FLORVAAG ELEKTRONIKK AS
(this company)
Board network connections
Board members of FLORVAAG ELEKTRONIKK AS also hold positions in
0
other companies.
Person
Role here
Other companies
Vidar Mauren
Deputy Member
0 companies
Annette Florvaag
Board of Directors
0 companies
Tore Florvaag
Chairman
0 companies