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ASActiveOrg 948161885Kroken 67, 4885 GrimstadRepair and maintenance of civilian ships and boats · NACE 3315Est. 19881 employees
Revenue 2025
NOK 473K
-79% vs 2024
EBITDA margin
-191.3%
-66% vs 2024
Equity ratio
20.5%
Financial strength
Net profit 2025
NOK -874K
-52% vs 2024
| Revenue | NOK 473K | -79% |
| EBITDA | NOK -905K | -66% |
| Net profit | NOK -874K | -52% |
| Total assets | NOK 6,5M | -13% |
| Equity | NOK 1,3M | -76% |
| Employees | 1 | — |
Legal name
ELWARO BOATS AS
Org number
948161885
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
2. mai 1988
Share capital
NOK 234 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Address
Kroken 67, 4885 Grimstad
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 997 | 806 | 1 865 | 2 294 | 473 |
| Staff expenses | −152 | −401 | −313 | −579 | −139 |
| EBITDA | 254 | −78 | −238 | −545 | −905 |
| Depreciation & amort. | −316 | −271 | −233 | −193 | −216 |
| EBIT | −62 | −349 | −471 | −738 | −1 121 |
| Net financials | 46 | 114 | −20 | −0 | 0 |
| Profit before tax | −16 | −235 | −491 | −738 | −1 121 |
| Tax | −3 | −52 | −108 | −162 | −247 |
| Net profit | −12 | −183 | −383 | −575 | −874 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 5 693 | 6 467 | 6 364 | 7 468 | 6 530 |
| Equity | 5 301 | 5 508 | 5 484 | 5 469 | 1 337 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 392 | 958 | 880 | 1 999 | 5 193 |
| Total debt | 392 | 958 | 880 | 1 999 | 5 193 |
EBITDA margin
-191.3%
This company
15.8%
Market median
-1311% vs market
20212025
Equity ratio
20.5%
This company
38.2%
Market median
-46% vs market
20212025
Return on equity
-65.4%
This company
18.4%
Market median
-455% vs market
20212025
Net profit margin
-184.8%
This company
8.1%
Market median
-2381% vs market
20212025
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
20212025
Debt / equity
3.89×
This company
0.62×
Market median
-527% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2024 | |
| Board of Directors | 2024 | |
| Chairman | 2016 | |
| Chairman | 2024 | |
| Board of Directors | 2026 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Elwaro Invest As
ELWARO BOATS AS Board members of ELWARO BOATS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Espen Stiansen | Board of Directors | 0 companies |
| Ken Ronnie Osuldsen Jørgensen | Board of Directors | 0 companies |
| Ronny Jørgensen | Chairman | 0 companies |
| Oddbjørn Øygarden | Chairman | 0 companies |
| Marcus Osuldsen | Board of Directors | 0 companies |