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Elvstrøm Sails Norge AS
AS
Active
Org 976943309
Wirgenes Vei 5B, 3157
Barkåker
Manufacture of other technical and industrial textiles
·
NACE 1396
Est. 1996 · 29 years old
5 employees
Monitor
Share
Norway
/
Companies
/
Manufacture of other technical and industrial textiles
/
Elvstrøm Sails Norge AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
16M
12M
8M
4M
0M
2021: 13M
13M
2021
2022: 11M (-15% vs 2021)
11M
-15%
2022
2023: 8M (-27% vs 2022)
8M
-27%
2023
2024: 11M (+38% vs 2023)
11M
+38%
2024
2025: 8M (-27% vs 2024)
8M
-27%
2025
EBITDA
NOK millions
2M
1M
0M
-1M
-2M
2021: 1M
1M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: 0M
0M
2023
2024: 0M
0M
2024
2025: -1M
-1M
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
8 254
10 609
8 390
10 681
13 182
Staff expenses
−2 391
−1 963
−2 016
−1 907
−2 123
EBITDA
−1 082
−213
−197
47
1 299
Depreciation & amort.
−6
−5
−5
−5
−5
EBIT
−1 088
−218
−202
42
1 295
Net financials
−23
−21
−22
−9
−12
Profit before tax
−1 110
−239
−223
33
1 283
Tax
−149
−54
−84
−0
−416
Net profit
−962
−185
−139
33
1 699
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
3 893
3 635
4 149
3 739
4 370
Equity
1 537
1 971
1 965
1 807
1 774
Long-term debt
0
0
0
0
0
Short-term debt
2 356
1 664
2 184
1 932
2 597
Total debt
2 356
1 664
2 184
1 932
2 597
Financial ratios
5-year trend
EBITDA margin
-13.1%
This company
15.8%
Market median
This company
Market median
183% below market
2021
2025
Equity ratio
39.5%
This company
38.2%
Market median
This company
Market median
3% above market
2021
2025
Return on equity
-62.6%
This company
18.4%
Market median
This company
Market median
440% below market
2021
2025
Net profit margin
-11.6%
This company
8.1%
Market median
This company
Market median
243% below market
2021
2025
Asset turnover
2.12×
This company
1.12×
Market median
This company
Market median
89% above market
2021
2025
Debt / equity
1.53×
This company
0.62×
Market median
This company
Market median
147% above 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 2020-10-01 – 2021-12-31
View
PDF
More on Elvstrøm Sails Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network