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ELMANN AS
AS
Active
Org 980872041
Tvetenveien 164, 0671 Oslo
Electrical installation · NACE 4321
Est. 1999
15 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 22M
+21% vs 2024
EBITDA margin
16.6%
+67% vs 2024
Equity ratio
10.8%
Financial strength
Net profit 2025
NOK 2,7M
+80% vs 2024
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
3M
2021
2M
-33%
2022
1M
-50%
2023
2M
+100%
2024
4M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 22M
+21%
EBITDA
NOK 3,7M
+67%
Net profit
NOK 2,7M
+80%
Total assets
NOK 8,7M
+31%
Equity
NOK 940K
+2%
Employees
15
—
Company information
Legal name
ELMANN AS
Org number
980872041
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
18. juni 1999
Share capital
NOK 135 000
Employees
15 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Contact
Address
Tvetenveien 164, 0671 Oslo
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Companies in Electrical installation
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
6M
13M
19M
25M
18M
2021
19M
2022
17M
2023
18M
2024
22M
2025
EBITDA
NOK millions
0M
1M
2M
3M
5M
3M
2021
2M
2022
1M
2023
2M
2024
4M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
18 385
18 604
17 365
18 229
22 005
Staff expenses
−7 662
−8 555
−8 481
−8 212
−10 660
EBITDA
2 610
1 985
1 476
2 183
3 652
Depreciation & amort.
−91
−215
−212
−212
−158
EBIT
2 519
1 770
1 264
1 971
3 494
Net financials
−26
−29
−30
−27
−5
Profit before tax
2 493
1 742
1 234
1 944
3 489
Tax
548
383
272
432
770
Net profit
1 945
1 358
962
1 513
2 720
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
7 095
6 386
5 749
6 633
8 722
Equity
787
845
907
920
940
Long-term debt
629
541
443
322
216
Short-term debt
5 679
5 000
4 398
5 392
7 567
Total debt
6 308
5 541
4 841
5 713
7 783
Financial ratios
5-year trend
EBITDA margin
16.6%
This company
15.8%
Market median
+5% vs market
2021
2025
Equity ratio
10.8%
This company
38.2%
Market median
-72% vs market
2021
2025
Return on equity
289.4%
This company
18.4%
Market median
+1473% vs market
2021
2025
Net profit margin
12.4%
This company
8.1%
Market median
+53% vs market
2021
2025
Asset turnover
2.52×
This company
1.12×
Market median
+125% vs market
2021
2025
Debt / equity
8.28×
This company
0.62×
Market median
-1235% 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)
RH
Rune Hovde
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ingunn Sommer
Individual
20%
20%
2022
Antonino Michele Mola
Individual
20%
20%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ELMANN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rune Hovde
Chief Executive Officer
0 companies