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HAGEN ELEKTRO AS
AS
Active
Org 980440087
Nordbygdvegen 1122, 3570 Ål
Electrical installation · NACE 4321
Est. 1998
2 employees
www.hagen-elektro.no
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 3,6M
+36% vs 2024
EBITDA margin
18.7%
+1323% vs 2024
Equity ratio
81.1%
Financial strength
Net profit 2025
NOK 422K
+1441% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2021
1M
0%
2022
0M
-100%
2023
0M
0%
2024
1M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 3,6M
+36%
EBITDA
NOK 670K
+1323%
Net profit
NOK 422K
+1441%
Total assets
NOK 3,8M
+20%
Equity
NOK 3,1M
+16%
Employees
2
—
Company information
Legal name
HAGEN ELEKTRO AS
Org number
980440087
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
21. desember 1998
Share capital
NOK 100 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Nordbygdvegen 1122, 3570 Ål
Website
www.hagen-elektro.no
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Companies in Electrical installation
Companies in Ål
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
4M
2021
4M
2022
3M
2023
3M
2024
4M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2021
1M
2022
0M
2023
0M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
4 224
3 887
3 102
2 641
3 587
Staff expenses
−891
−983
−918
−652
−901
EBITDA
1 121
680
103
47
670
Depreciation & amort.
−28
−36
−103
−139
−196
EBIT
1 094
643
0
−91
474
Net financials
6
19
38
59
58
Profit before tax
1 100
662
39
−33
532
Tax
242
146
8
−1
110
Net profit
858
517
30
−31
422
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
3 271
3 529
3 247
3 175
3 819
Equity
2 158
2 675
2 705
2 674
3 096
Long-term debt
6
7
1
0
22
Short-term debt
1 106
847
540
501
702
Total debt
1 113
854
541
501
724
Financial ratios
5-year trend
EBITDA margin
18.7%
This company
15.8%
Market median
+18% vs market
2021
2025
Equity ratio
81.1%
This company
38.2%
Market median
+112% vs market
2021
2025
Return on equity
13.6%
This company
18.4%
Market median
+26% vs market
2021
2025
Net profit margin
11.8%
This company
8.1%
Market median
+46% vs market
2021
2025
Asset turnover
0.94×
This company
1.12×
Market median
+16% vs market
2021
2025
Debt / equity
0.23×
This company
0.62×
Market median
+63% 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)
BØ
Bjørnar Ødelien
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HO
Hans Olav Hagen
Chairman
2021
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HAGEN ELEKTRO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørnar Ødelien
Chief Executive Officer
0 companies
Hans Olav Hagen
Chairman
0 companies