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LARSEN ELCOM AS
AS
Active
Org 951120588
Storgata 45, 8430 Myre
Wholesale of information and communication equipment · NACE 4650
Est. 1989
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 27,4M
+51% vs 2023
EBITDA margin
16.7%
+19% vs 2023
Equity ratio
46.8%
Financial strength
Net profit 2024
NOK 3,3M
+13% vs 2023
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
3M
2020
3M
0%
2021
2M
-33%
2022
4M
+100%
2023
5M
+25%
2024
Key figures
Annual report 2024
Revenue
NOK 27,4M
+51%
EBITDA
NOK 4,6M
+19%
Net profit
NOK 3,3M
+13%
Total assets
NOK 11,5M
-7%
Equity
NOK 5,4M
+49%
Employees
11
—
Company information
Legal name
LARSEN ELCOM AS
Org number
951120588
Legal form
Aksjeselskap
NACE code
4650 · Wholesale of information and communication equipment
Founded
4. mars 1989
Share capital
NOK 125 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Storgata 45, 8430 Myre
Phone
+4790082028
Email
post@larsenelcom.no
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Revenue
NOK millions
0M
8M
16M
23M
31M
17M
2020
15M
2021
16M
2022
18M
2023
27M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
3M
2020
3M
2021
2M
2022
4M
2023
5M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
16 867
15 039
16 348
18 078
27 385
Staff expenses
−3 337
−3 012
−3 680
−4 161
−5 313
EBITDA
2 575
2 760
1 601
3 849
4 567
Depreciation & amort.
−287
−304
−139
−123
−296
EBIT
2 288
2 457
1 462
3 725
4 271
Net financials
−433
284
−10
−20
−69
Profit before tax
1 854
2 740
1 453
3 706
4 201
Tax
479
532
330
828
938
Net profit
1 376
2 209
1 123
2 878
3 263
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
12 810
12 676
11 018
12 354
11 466
Equity
3 694
4 518
2 759
3 603
5 366
Long-term debt
2 929
227
141
504
945
Short-term debt
6 187
7 932
8 118
8 247
5 155
Total debt
9 116
8 158
8 259
8 751
6 099
Financial ratios
5-year trend
EBITDA margin
16.7%
This company
15.8%
Market median
+6% vs market
2020
2024
Equity ratio
46.8%
This company
38.2%
Market median
+23% vs market
2020
2024
Return on equity
60.8%
This company
18.4%
Market median
+230% vs market
2020
2024
Net profit margin
11.9%
This company
8.1%
Market median
+47% vs market
2020
2024
Asset turnover
2.39×
This company
1.12×
Market median
+113% vs market
2020
2024
Debt / equity
1.14×
This company
0.62×
Market median
-84% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
MC
Monica Charlotte Hansen
Chairman
2025
OH
Odmund Henry Larsen
Board of Directors
2025
KH
Kay Hansen
Board of Directors
2025
OH
Ole-Johann Halvorsen
Board of Directors
2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ohl Holding As
Company
100%
100%
2024
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Company hierarchy
Ohl Holding As
LARSEN ELCOM AS
(this company)
Board network connections
Board members of LARSEN ELCOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Monica Charlotte Hansen
Chairman
0 companies
Odmund Henry Larsen
Board of Directors
0 companies
Kay Hansen
Board of Directors
0 companies
Ole-Johann Halvorsen
Board of Directors
0 companies