Riskpilot← Back to searchSign inGet full accessELITE CONSTRUCTION GROUP AS
ASActiveOrg 981369254Lyngstrandvegen 65, 5474 LøfallstrandManufacture of metal structures and parts of structures · NACE 2511Est. 2000339 employees
Revenue 2024
NOK 162,1M
+105% vs 2023
EBITDA margin
3.2%
+11% vs 2023
Equity ratio
21.9%
Financial strength
Net profit 2024
NOK 2,9M
-76% vs 2023
| Revenue | NOK 162,1M | +105% |
| EBITDA | NOK 5,1M | +11% |
| Net profit | NOK 2,9M | -76% |
| Total assets | NOK 64,9M | +36% |
| Equity | NOK 14,2M | +26% |
| Employees | 339 | — |
Legal name
ELITE CONSTRUCTION GROUP AS
Org number
981369254
Legal form
Aksjeselskap
NACE code
2511 · Manufacture of metal structures and parts of structures
Founded
10. januar 2000
Share capital
NOK 990 000
Employees
339 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Mekanisk virksomhet samt investering i selskap med samme formål.
Address
Lyngstrandvegen 65, 5474 Løfallstrand
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 1 200 | 1 200 | 2 035 | 78 971 | 162 072 |
| Staff expenses | −0 | −0 | −0 | −13 823 | −72 389 |
| EBITDA | 907 | 890 | 1 122 | 4 629 | 5 141 |
| Depreciation & amort. | −359 | −339 | −347 | −1 771 | −845 |
| EBIT | 548 | 551 | 775 | 2 858 | 4 296 |
| Net financials | 39 | 14 | −4 303 | −445 | −582 |
| Profit before tax | 587 | 565 | −3 528 | 2 413 | 3 713 |
| Tax | 129 | 124 | 173 | −9 715 | 817 |
| Net profit | 458 | 441 | −3 701 | 12 127 | 2 896 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 8 583 | 13 086 | 9 421 | 47 632 | 64 887 |
| Equity | 6 504 | 11 945 | 8 243 | 11 322 | 14 219 |
| Long-term debt | 63 | 41 | 19 | 5 788 | 5 800 |
| Short-term debt | 2 016 | 1 100 | 1 158 | 30 521 | 44 868 |
| Total debt | 2 079 | 1 141 | 1 178 | 36 309 | 50 668 |
EBITDA margin
3.2%
This company
15.8%
Market median
-80% vs market
20202024
Equity ratio
21.9%
This company
38.2%
Market median
-43% vs market
20202024
Return on equity
20.4%
This company
18.4%
Market median
+11% vs market
20202024
Net profit margin
1.8%
This company
8.1%
Market median
-78% vs market
20202024
Asset turnover
2.50×
This company
1.12×
Market median
+123% vs market
20202024
Debt / equity
3.56×
This company
0.62×
Market median
-474% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
TH Chief Executive Officer | Chief Executive Officer | 2026 |
RH Chief Executive Officer | Chief Executive Officer | 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (10) | ||
| Board of Directors | 2025 | |
| Chairman | 2024 | |
| Chairman | 2026 | |
| Board of Directors | 2024 | |
| Board of Directors | 2024 | |
| Board of Directors | 2021 | |
| Board of Directors | 2024 | |
| Board of Directors | 2023 | |
| Board of Directors | 2021 | |
| Board of Directors | 2025 | |
| Former (7) | ||
| Chairman | 2021 – 2024 | |
| Chairman | 2020 – 2021 | |
| Board of Directors | 2020 – 2021 | |
| Board of Directors | 2020 – 2021 | |
| Board of Directors | 2021 – 2023 | |
| Board of Directors | 2020 – 2021 | |
| Board of Directors | 2020 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 | |
| Individual | 5.45% | 5.45% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Marine Eiendom As
ELITE CONSTRUCTION GROUP AS Board members of ELITE CONSTRUCTION GROUP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tom Henning Rimestad | Chief Executive Officer | 0 companies |
| Robin Holmedal Pedersen | Chief Executive Officer | 0 companies |
| Reinhard Lund-Mikkelson | Chairman | 0 companies |
| Robert Myklebust | Board of Directors | 0 companies |
| Øystein Hellesøy | Chairman | 0 companies |
| Karl Anders Horneland | Chairman | 0 companies |
| Dag Sandstå | Chairman | 0 companies |
| Jostein Økland | Board of Directors | 0 companies |
| Oddvar Hellesøy | Board of Directors | 0 companies |
| Bjørn Tore Hellesøy | Board of Directors | 0 companies |
| Rune Johan Simonsen | Board of Directors | 0 companies |
| Solfrid Hellesøy Siqveland | Board of Directors | 0 companies |
| Steinar Hellesøy | Board of Directors | 0 companies |
| Erling Prestbø | Board of Directors | 0 companies |
| Eivind Tvedt | Board of Directors | 0 companies |
| Frank Søllesvik | Board of Directors | 0 companies |
| Reidun Hellesøy | Board of Directors | 0 companies |
| Kurt Arne Tyse | Board of Directors | 0 companies |
| Arild Klette Steinsvik | Board of Directors | 0 companies |