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ELEKTRO UTVIKLING AS
AS
Active
Org 966239328
Tora Saxedatters Veg 2, 7562 Saksvik
Manufacture of electronic components · NACE 2611
Est. 1993
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 344K
+482% vs 2024
EBITDA margin
53.6%
+498% vs 2024
Equity ratio
95.1%
Financial strength
Net profit 2025
NOK 174K
+1252% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 344K
+482%
EBITDA
NOK 184K
+498%
Net profit
NOK 174K
+1252%
Total assets
NOK 1,3M
+20%
Equity
NOK 1,2M
+17%
Employees
0
—
Company information
Legal name
ELEKTRO UTVIKLING AS
Org number
966239328
Legal form
Aksjeselskap
NACE code
2611 · Manufacture of electronic components
Founded
15. januar 1993
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Tora Saxedatters Veg 2, 7562 Saksvik
Risika for professionals
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Explore
Companies in Manufacture of electronic components
Companies in Malvik
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
0M
2024
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
152
332
543
59
344
Staff expenses
−0
−0
−0
−0
−64
EBITDA
44
205
470
−46
184
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
44
205
470
−46
184
Net financials
2
4
16
31
34
Profit before tax
46
209
486
−15
218
Tax
10
46
107
−0
45
Net profit
36
163
379
−15
174
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
534
766
1 256
1 059
1 272
Equity
462
625
1 050
1 035
1 209
Long-term debt
0
0
0
0
0
Short-term debt
71
140
205
24
63
Total debt
71
140
205
24
63
Financial ratios
5-year trend
EBITDA margin
53.6%
This company
15.8%
Market median
+239% vs market
2021
2025
Equity ratio
95.1%
This company
38.2%
Market median
+149% vs market
2021
2025
Return on equity
14.4%
This company
18.4%
Market median
+22% vs market
2021
2025
Net profit margin
50.5%
This company
8.1%
Market median
+523% vs market
2021
2025
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
2021
2025
Debt / equity
0.05×
This company
0.62×
Market median
+92% vs 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
ØB
Øystein Baltzersen
Deputy Member
Deputy Member
2005
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
EB
Erika Bugten
Board of Directors
2005
BB
Bjarne Bugten
Chairman
2005
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ELEKTRO UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øystein Baltzersen
Deputy Member
0 companies
Erika Bugten
Board of Directors
0 companies
Bjarne Bugten
Chairman
0 companies