Riskpilot← Back to searchSign inGet full accessELCOR AS
ASActiveOrg 957382800Lagerveien 25, 4033 StavangerManufacture of electricity distribution and control apparatus · NACE 2712Est. 1990193 employees
Revenue 2024
NOK 491,8M
+12% vs 2023
EBITDA margin
8.0%
+50% vs 2023
Equity ratio
33.6%
Financial strength
Net profit 2024
NOK 25,2M
+74% vs 2023
| Revenue | NOK 491,8M | +12% |
| EBITDA | NOK 39,5M | +50% |
| Net profit | NOK 25,2M | +74% |
| Total assets | NOK 197,3M | +6% |
| Equity | NOK 66,4M | +61% |
| Employees | 193 | — |
Legal name
ELCOR AS
Org number
957382800
Legal form
Aksjeselskap
NACE code
2712 · Manufacture of electricity distribution and control apparatus
Founded
3. januar 1990
Share capital
NOK 3 801 460
Employees
193 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Produksjon og salg av elektroautomasjonsutstyr, herunder å investere i andre selskaper og virksomheter med tilsvarende virksomhet, samt hva herved står i forbindelse.
Address
Lagerveien 25, 4033 Stavanger
Phone
+4751951500
Email
post@elcor.no
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| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 133 453 | 130 461 | 93 307 | 99 877 | 166 822 | 223 518 | 245 991 | 221 823 | 195 251 | 234 320 | 250 819 | 328 405 | 324 702 | 345 865 | 412 389 | 437 494 | 491 794 |
| Staff expenses | −0 | −27 582 | −34 690 | −30 574 | −35 897 | −46 147 | −67 259 | −77 373 | −78 626 | −71 082 | −85 424 | −87 336 | −102 460 | −113 154 | −122 558 | −130 644 | −134 993 | −152 421 |
| EBITDA | 0 | 15 680 | 12 729 | 1 566 | −1 595 | 5 759 | 10 047 | 6 255 | −15 889 | 9 094 | 9 008 | 17 645 | 26 061 | 20 834 | 5 217 | 13 180 | 26 278 | 39 466 |
| Depreciation & amort. | −0 | −689 | −607 | −516 | −447 | −347 | −596 | −913 | −1 055 | −831 | −834 | −650 | −504 | −666 | −1 185 | −1 925 | −2 954 | −3 419 |
| EBIT | 0 | 14 991 | 12 122 | 1 049 | −2 042 | 5 412 | 9 451 | 5 342 | −16 944 | 8 263 | 8 173 | 16 995 | 25 557 | 20 168 | 4 032 | 11 255 | 23 325 | 36 047 |
| Net financials | 0 | 9 695 | 601 | 399 | 11 | −518 | −1 927 | −1 940 | −7 555 | −1 489 | −1 437 | −1 305 | −1 713 | −1 254 | −1 231 | −2 713 | −4 791 | −3 724 |
| Profit before tax | 0 | 24 686 | 12 723 | 1 449 | −2 031 | 4 894 | 7 524 | 3 402 | −24 500 | 6 774 | 6 736 | 15 690 | 23 844 | 18 914 | 2 801 | 8 541 | 18 533 | 32 323 |
| Tax | −0 | 3 976 | 3 642 | 429 | −21 | 980 | 2 186 | 949 | 28 | −0 | −0 | 2 351 | 5 182 | 4 178 | 623 | 1 934 | 4 044 | 7 162 |
| Net profit | 0 | 20 710 | 9 081 | 1 020 | −2 011 | 3 914 | 5 337 | 2 452 | −24 528 | 6 774 | 6 736 | 13 339 | 18 663 | 14 736 | 2 178 | 6 607 | 14 489 | 25 160 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 84 712 | 66 334 | 36 356 | 47 516 | 62 264 | 82 538 | 82 663 | 33 032 | 49 058 | 64 014 | 85 506 | 106 639 | 106 778 | 103 810 | 134 140 | 185 833 | 197 303 |
| Equity | — | 24 473 | 20 635 | 20 785 | 18 774 | 20 696 | 22 324 | 24 776 | 248 | 7 022 | 13 758 | 24 581 | 27 337 | 27 347 | 29 526 | 35 991 | 41 203 | 66 363 |
| Long-term debt | 0 | 8 102 | 0 | 21 | 0 | 4 255 | 2 444 | 1 111 | 0 | 0 | 0 | 417 | 795 | 201 | 808 | 12 202 | 8 878 | 38 524 |
| Short-term debt | 0 | 52 137 | 45 698 | 15 550 | 28 742 | 37 313 | 57 770 | 56 776 | 32 784 | 42 036 | 50 256 | 60 509 | 78 507 | 79 229 | 73 476 | 85 946 | 135 752 | 92 416 |
| Total debt | 0 | 60 239 | 45 698 | 15 570 | 28 742 | 41 568 | 60 215 | 57 887 | 32 784 | 42 036 | 50 256 | 60 926 | 79 302 | 79 430 | 74 284 | 98 149 | 144 630 | 130 940 |
EBITDA margin
8.0%
This company
15.8%
Market median
-49% vs market
20072024
Equity ratio
33.6%
This company
38.2%
Market median
+12% vs market
20072024
Return on equity
37.9%
This company
18.4%
Market median
+106% vs market
20072024
Net profit margin
5.1%
This company
8.1%
Market median
-37% vs market
20072024
Asset turnover
2.49×
This company
1.12×
Market median
+122% vs market
20072024
Debt / equity
1.97×
This company
0.62×
Market median
-218% vs market
20072024
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KH Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2016 | — | — | |
| Board of Directors | 2016 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Kota Holding As | Company | 100.0% | 100.0% | 2023 |
Ax Vii Invi Holding Aps | Company | 100.0% | 100.0% | 2024 |
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No registered parent or subsidiaries
Board members of ELCOR AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Knut Husebø | Chief Executive Officer | 0 companies |
| Eilif Arne Eriksen | Chairman | 0 companies |
| Kirsti Tønnessen | Board of Directors | 0 companies |
| Peter Flemming Sørensen | Chairman | 0 companies |
| Thor Erik Østebø | Board of Directors | 0 companies |
| Morten Østergaard | Board of Directors | 0 companies |
| Arne Incoronato | Board of Directors | 0 companies |
| Øyvind Osjord | Board of Directors | 0 companies |
| Katrine Kjems H Christensen | Board of Directors | 0 companies |
| Frank Müntzberg | Chairman | 0 companies |
| Odd Engelsgjerd | Board of Directors | 0 companies |
| Steffen Waal | Board of Directors | 0 companies |
| Åge Engelstrand Westbø | Chairman | 0 companies |