Riskpilot← Back to searchSign inGet full accessELINETT AS
ASActiveOrg 979379455Plutovegen 5, 6419 MoldeDistribution of electricity · NACE 3514Est. 199791 employeeswww.elinett.no
Revenue 2024
NOK 361,9M
+18% vs 2023
EBITDA margin
41.5%
+2% vs 2023
Equity ratio
27.1%
Financial strength
Net profit 2024
NOK 39M
-8% vs 2023
| Revenue | NOK 361,9M | +18% |
| EBITDA | NOK 150,3M | +2% |
| Net profit | NOK 39M | -8% |
| Total assets | NOK 1,5B | +0% |
| Equity | NOK 414,6M | +5% |
| Employees | 91 | — |
Legal name
ELINETT AS
Org number
979379455
Legal form
Aksjeselskap
NACE code
3514 · Distribution of electricity
Founded
30. oktober 1997
Share capital
NOK 124 223 805
Employees
91 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Plutovegen 5, 6419 Molde
Website
www.elinett.no
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| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 181 490 | 172 123 | 235 310 | 209 549 | 205 233 | 235 189 | 219 461 | 253 941 | 253 002 | 270 301 | 286 934 | 269 767 | 306 322 | 361 857 |
| Staff expenses | −38 817 | −37 420 | −36 166 | −26 425 | −35 140 | −36 213 | −35 350 | −30 334 | −33 253 | −37 065 | −41 891 | −41 030 | −40 171 | −38 668 |
| EBITDA | 46 774 | 48 053 | 100 121 | 76 545 | 58 124 | 79 538 | 67 687 | 80 467 | 72 646 | 99 097 | 100 696 | 121 436 | 147 112 | 150 276 |
| Depreciation & amort. | −49 620 | −78 057 | −32 583 | −47 633 | −34 295 | −34 597 | −34 074 | −29 554 | −31 038 | −37 527 | −41 853 | −43 108 | −47 694 | −50 085 |
| EBIT | −2 845 | −30 004 | 67 538 | 28 912 | 23 830 | 44 941 | 33 613 | 50 913 | 41 609 | 61 570 | 58 843 | 78 328 | 99 418 | 100 192 |
| Net financials | −9 748 | −10 943 | −12 312 | −13 712 | −14 038 | −12 878 | −11 406 | −12 789 | −17 603 | −16 120 | −14 772 | −25 383 | −45 137 | −50 065 |
| Profit before tax | −12 593 | −40 947 | 55 226 | 15 200 | 9 791 | 32 064 | 22 206 | 38 123 | 24 006 | 45 450 | 44 070 | 52 945 | 54 281 | 50 127 |
| Tax | −3 364 | −11 310 | 16 624 | 4 274 | 4 994 | 8 531 | 5 502 | 8 520 | 5 345 | 10 061 | 9 696 | 11 743 | 11 974 | 11 131 |
| Net profit | −9 229 | −29 638 | 38 602 | 10 926 | 4 797 | 23 532 | 16 705 | 29 603 | 18 660 | 35 390 | 34 375 | 41 202 | 42 307 | 38 996 |
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 595 133 | 587 111 | 620 614 | 628 526 | 643 734 | 699 584 | 761 546 | 875 713 | 917 612 | 1 069 685 | 1 137 707 | 1 347 142 | 1 524 593 | 1 529 306 |
| Equity | 171 159 | 144 766 | 161 768 | 172 694 | 166 971 | 215 529 | 238 279 | 267 882 | 286 542 | 333 075 | 347 449 | 372 856 | 393 063 | 414 609 |
| Long-term debt | 0 | 220 000 | 220 000 | 220 000 | 220 000 | 324 975 | 400 000 | 436 539 | 481 884 | 512 540 | 574 655 | 678 113 | 782 187 | 881 781 |
| Short-term debt | 203 974 | 222 344 | 236 738 | 235 832 | 256 763 | 159 080 | 123 267 | 171 292 | 149 186 | 224 071 | 215 602 | 296 173 | 349 343 | 232 916 |
| Total debt | 423 974 | 442 344 | 456 738 | 455 832 | 476 763 | 484 055 | 523 267 | 607 831 | 631 069 | 736 611 | 790 257 | 974 287 | 1 131 530 | 1 114 697 |
EBITDA margin
41.5%
This company
15.8%
Market median
+163% vs market
20112024
Equity ratio
27.1%
This company
38.2%
Market median
-29% vs market
20112024
Return on equity
9.4%
This company
18.4%
Market median
-49% vs market
20112024
Net profit margin
10.8%
This company
8.1%
Market median
+33% vs market
20112024
Asset turnover
0.24×
This company
1.12×
Market median
-79% vs market
20112024
Debt / equity
2.69×
This company
0.62×
Market median
-334% vs market
20112024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JR Deputy Member | Deputy Member | 2024 | — | — |
MM Deputy Member | Deputy Member | 2022 | — | — |
OM Deputy Member | Deputy Member | 2024 | — | — |
GE Chief Executive Officer | Chief Executive Officer | 2010 | — | — |
PE Deputy Member | Deputy Member | 2022 | — | — |
SA Deputy Member | Deputy Member | 2024 | — | — |
AH Deputy Member | Deputy Member | 2024 | — | — |
MV Deputy Member | Deputy Member | 2024 | — | — |
CS Deputy Member | Deputy Member | 2022 | — | — |
AN Deputy Member | Deputy Member | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Deputy Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Istad As | Company | 100.0% | 100.0% | 2024 |
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Kommunal Landspensjonskasse Gjensidig ForsikringsselskapTussa Kraft AsIstad As
ELINETT AS (this company)Board members of ELINETT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Joakim Risnes | Deputy Member | 0 companies |
| Malin Mjelva Titlestad | Deputy Member | 0 companies |
| Ole Magnus Lybergsvik Gribbestad | Deputy Member | 0 companies |
| Gerhard Eidså | Chief Executive Officer | 0 companies |
| Pål Egil Eriksen | Deputy Member | 0 companies |
| Sander Andre Szabo | Deputy Member | 0 companies |
| Adrian Hjertvik Lange | Deputy Member | 0 companies |
| Mathilde Vogt | Deputy Member | 0 companies |
| Cato Sivertsen Holen | Deputy Member | 0 companies |
| Arnet Nautnes | Deputy Member | 0 companies |
| Kjell Kristian Bolsø Engelund | Board of Directors | 0 companies |
| Jon Ivar Kosberg | Chairman | 0 companies |
| Thomas Misfjord Hammarbäch | Board of Directors | 0 companies |
| Jarle Risnes | Deputy Chairman | 0 companies |
| Jan Marius Bøye | Board of Directors | 0 companies |
| Sigve Sandblåst | Board of Directors | 0 companies |