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Årseth Elektro AS
AS
Active
Org 948109298
Leirvikåsen 41A, 5179
Godvik
Electrical installation
·
NACE 4321
Est. 1988 · 37 years old
5 employees
Monitor
Share
Norway
/
Companies
/
Electrical installation
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Årseth Elektro AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
24M
18M
12M
6M
0M
2021: 17M
17M
2021
2022: 15M (-12% vs 2021)
15M
-12%
2022
2023: 19M (+27% vs 2022)
19M
+27%
2023
2024: 19M (0% vs 2023)
19M
0%
2024
2025: 9M (-53% vs 2024)
9M
-53%
2025
EBITDA
NOK millions
3M
2M
0M
-1M
-2M
2021: 2M
2M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: -1M
-1M
2023
2024: -1M (0% vs 2023)
-1M
0%
2024
2025: 0M (+100% vs 2024)
0M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
8 749
18 534
18 773
15 403
16 604
Staff expenses
−4 744
−6 245
−7 863
−6 796
−6 473
EBITDA
373
−713
−1 096
336
2 392
Depreciation & amort.
−23
−20
−22
−26
−74
EBIT
350
−733
−1 119
310
2 318
Net financials
−1
−2
1
−6
−0
Profit before tax
349
−735
−1 118
304
2 317
Tax
−0
−0
−0
38
523
Net profit
349
−735
−1 118
266
1 795
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
4 031
3 871
5 518
6 974
7 920
Equity
2 013
2 012
2 747
3 864
3 599
Long-term debt
0
0
0
0
0
Short-term debt
2 019
1 859
2 771
3 110
4 322
Total debt
2 019
1 859
2 771
3 110
4 322
Financial ratios
5-year trend
EBITDA margin
4,3 %
This company
15,8 %
Market median
This company
Market median
73% below market
2021
2025
Equity ratio
49,9 %
This company
38,2 %
Market median
This company
Market median
31% above market
2021
2025
Return on equity
17,3 %
This company
18,4 %
Market median
This company
Market median
6% below market
2021
2025
Net profit margin
4,0 %
This company
8,1 %
Market median
This company
Market median
51% below market
2021
2025
Asset turnover
2,17×
This company
1,12×
Market median
This company
Market median
94% above market
2021
2025
Debt / equity
1,00×
This company
0,62×
Market median
This company
Market median
61% above market
2021
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
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
More on Årseth Elektro AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network