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ELCON BROKER AS
AS
Active
Org 967926140
Våleveien 25, 3083 Holmestrand
Non-specialised wholesale trade · NACE 4690
Est. 1993
3 employees
www.elcon-broker.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 16,2M
-9% vs 2023
EBITDA margin
22.1%
+37% vs 2023
Equity ratio
39.5%
Financial strength
Net profit 2024
NOK 2,4M
+51% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
2M
2020
4M
+100%
2021
2M
-50%
2022
3M
+50%
2023
4M
+33%
2024
Key figures
Annual report 2024
Revenue
NOK 16,2M
-9%
EBITDA
NOK 3,6M
+37%
Net profit
NOK 2,4M
+51%
Total assets
NOK 9,8M
-25%
Equity
NOK 3,9M
-22%
Employees
3
—
Company information
Legal name
ELCON BROKER AS
Org number
967926140
Legal form
Aksjeselskap
NACE code
4690 · Non-specialised wholesale trade
Founded
31. august 1993
Share capital
NOK 250 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Våleveien 25, 3083 Holmestrand
Website
www.elcon-broker.no
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Companies in Non-specialised wholesale trade
Companies in Holmestrand
All Norway companies
Revenue
NOK millions
0M
5M
10M
16M
21M
10M
2020
18M
2021
13M
2022
18M
2023
16M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
2M
2020
4M
2021
2M
2022
3M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
10 019
17 604
12 502
17 860
16 198
Staff expenses
−2 035
−2 020
−2 968
−3 309
−2 476
EBITDA
2 144
4 434
1 908
2 621
3 582
Depreciation & amort.
−328
−335
−342
−470
−487
EBIT
1 816
4 099
1 565
2 152
3 094
Net financials
−60
−78
−45
−127
−30
Profit before tax
1 757
4 021
1 520
2 025
3 064
Tax
205
830
335
446
675
Net profit
1 552
3 191
1 186
1 579
2 390
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 014
12 409
10 709
13 046
9 801
Equity
5 833
7 429
8 615
4 977
3 867
Long-term debt
0
88
125
150
110
Short-term debt
3 181
4 892
1 970
7 920
5 824
Total debt
3 181
4 980
2 094
8 069
5 934
Financial ratios
5-year trend
EBITDA margin
22.1%
This company
15.8%
Market median
+40% vs market
2020
2024
Equity ratio
39.5%
This company
38.2%
Market median
+3% vs market
2020
2024
Return on equity
61.8%
This company
18.4%
Market median
+236% vs market
2020
2024
Net profit margin
14.8%
This company
8.1%
Market median
+83% vs market
2020
2024
Asset turnover
1.65×
This company
1.12×
Market median
+47% vs market
2020
2024
Debt / equity
1.53×
This company
0.62×
Market median
-147% 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
Name
Role
Member since
Current (2)
NP
Nils Petter Steen
Deputy Member
Deputy Member
2013
RF
Robert Frøland Bolin
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BB
Bjørn Bolin
Chairman
2013
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Malea As
Company
100%
100%
2024
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Company hierarchy
Malea As
ELCON BROKER AS
(this company)
Board network connections
Board members of ELCON BROKER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Nils Petter Steen
Deputy Member
0 companies
Robert Frøland Bolin
Chief Executive Officer
0 companies
Bjørn Bolin
Chairman
0 companies