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GJELTEN ELEKTRO AS
AS
Active
Org 981125800
Mæresmovegen 2B, 7510 Skatval
Electrical installation · NACE 4321
Est. 1999
3 employees
www.gjeltenelektro.no
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 3,6M
-11% vs 2022
EBITDA margin
-6.7%
-165% vs 2022
Equity ratio
61.8%
Financial strength
Net profit 2023
NOK -211K
-183% vs 2022
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2019
1M
+100%
2020
0M
-100%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 3,6M
-11%
EBITDA
NOK -240K
-165%
Net profit
NOK -211K
-183%
Total assets
NOK 1,8M
-7%
Equity
NOK 1,1M
-16%
Employees
3
—
Company information
Legal name
GJELTEN ELEKTRO AS
Org number
981125800
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
18. november 1999
Share capital
NOK 100 000
Employees
3 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Elektrisk installasjonsarbeid og alr hva hermed står i forbindelse.
Contact
Address
Mæresmovegen 2B, 7510 Skatval
Website
www.gjeltenelektro.no
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Companies in Electrical installation
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Revenue
NOK millions
0M
1M
2M
3M
5M
2M
2019
4M
2020
4M
2021
4M
2022
4M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
1M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
2 174
4 183
3 935
3 986
3 552
Staff expenses
−603
−1 201
−1 373
−1 533
−1 323
EBITDA
242
563
218
372
−240
Depreciation & amort.
−7
−32
−32
−31
−26
EBIT
236
531
186
340
−266
Net financials
−21
−9
−8
−16
−4
Profit before tax
215
522
178
324
−270
Tax
47
115
39
71
−59
Net profit
167
407
139
253
−211
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
1 158
2 171
2 111
1 987
1 841
Equity
550
957
1 096
1 349
1 138
Long-term debt
176
136
80
20
0
Short-term debt
432
1 078
935
618
703
Total debt
608
1 214
1 015
638
703
Financial ratios
5-year trend
EBITDA margin
-6.7%
This company
15.8%
Market median
-142% vs market
2019
2023
Equity ratio
61.8%
This company
38.2%
Market median
+62% vs market
2019
2023
Return on equity
-18.5%
This company
18.4%
Market median
-201% vs market
2019
2023
Net profit margin
-5.9%
This company
8.1%
Market median
-173% vs market
2019
2023
Asset turnover
1.93×
This company
1.12×
Market median
+72% vs market
2019
2023
Debt / equity
0.62×
This company
0.62×
Market median
+0% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
LO
Lars Olav Gjelten
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BT
Bjørn Tore Solstad
Chairman
2015
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of GJELTEN ELEKTRO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Olav Gjelten
Chief Executive Officer
0 companies
Bjørn Tore Solstad
Chairman
0 companies