Riskpilot← Back to searchSign inGet full accessELEMENT LOGIC AS
ASActiveOrg 982519292Dyrskuevegen 26, 2040 KløftaEngineering activities and related technical consultancy · NACE 7112Est. 2000150 employeeswww.elementlogic.net
Revenue 2024
NOK 957,3M
+33% vs 2023
EBITDA margin
33.7%
+49% vs 2023
Equity ratio
11.3%
Financial strength
Net profit 2024
NOK 443M
+43% vs 2023
| Revenue | NOK 957,3M | +33% |
| EBITDA | NOK 322,9M | +49% |
| Net profit | NOK 443M | +43% |
| Total assets | NOK 2,2B | +1% |
| Equity | NOK 246M | +105% |
| Employees | 150 | — |
Legal name
ELEMENT LOGIC AS
Org number
982519292
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
21. oktober 2000
Share capital
NOK 1 951 741
Employees
150 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg. Daglig leder alene.
Company purpose
Handelsvirksomhet, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med lignende virksomhet.
Address
Dyrskuevegen 26, 2040 Kløfta
Website
www.elementlogic.net
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 161 718 | 57 055 | 41 136 | 67 545 | 69 805 | 50 408 | 61 832 | 130 946 | 115 212 | 191 472 | 183 472 | 220 013 | 277 674 | 451 224 | 672 376 | 721 912 | 957 264 |
| Staff expenses | −41 148 | −21 122 | −15 159 | −21 571 | −25 208 | −20 405 | −17 304 | −28 712 | −34 165 | −47 154 | −47 440 | −59 420 | −89 282 | −114 323 | −133 006 | −161 636 | −175 128 |
| EBITDA | −7 873 | −15 633 | −464 | 4 268 | 2 464 | 1 734 | 2 959 | 3 549 | 9 926 | 22 732 | 9 493 | 21 771 | 34 610 | −24 579 | 188 250 | 216 951 | 322 908 |
| Depreciation & amort. | −1 724 | −1 785 | −1 194 | −800 | −605 | −550 | −1 933 | −2 438 | −2 555 | −1 266 | −1 366 | −2 816 | −3 687 | −3 698 | −8 049 | −5 738 | −12 214 |
| EBIT | −9 597 | −17 418 | −1 658 | 3 468 | 1 859 | 1 184 | 1 026 | 1 111 | 7 371 | 21 466 | 8 127 | 18 955 | 30 923 | −28 277 | 180 201 | 211 213 | 310 694 |
| Net financials | 177 | −1 684 | 2 454 | −697 | 1 708 | 8 | 2 044 | 12 726 | 17 571 | 25 953 | 19 826 | 35 354 | 46 951 | 165 366 | 307 471 | 153 278 | 223 245 |
| Profit before tax | −9 421 | −15 631 | 796 | 2 770 | 3 567 | 1 191 | 3 070 | 13 837 | 24 942 | 47 418 | 27 953 | 54 308 | 77 874 | 137 089 | 487 672 | 364 491 | 533 939 |
| Tax | −1 744 | −4 280 | −579 | 777 | 386 | 395 | −267 | −229 | 2 352 | 3 474 | 2 508 | 4 645 | 6 264 | 20 168 | 59 504 | 54 488 | 90 988 |
| Net profit | −7 677 | 4 158 | 1 375 | 1 993 | 3 181 | 796 | 3 337 | 14 067 | 22 590 | 43 944 | 25 444 | 49 664 | 71 610 | 116 921 | 428 168 | 310 004 | 442 951 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 64 777 | 25 568 | 20 934 | 27 211 | 21 974 | 19 231 | 35 421 | 50 350 | 82 576 | 180 096 | 217 156 | 335 838 | 504 116 | 1 815 632 | 2 427 957 | 2 148 465 | 2 167 887 |
| Equity | −7 759 | −3 257 | −3 369 | −1 376 | 1 804 | 2 529 | 5 873 | 14 990 | 30 106 | 60 051 | 77 705 | 116 772 | 157 091 | 118 934 | 111 860 | 120 100 | 245 993 |
| Long-term debt | 0 | 0 | 0 | 0 | 11 172 | 10 000 | 10 000 | 15 798 | 18 779 | 44 023 | 21 546 | 2 163 | 249 | 1 014 055 | 1 153 147 | 1 342 279 | 1 074 552 |
| Short-term debt | 56 665 | 24 565 | 9 272 | 13 917 | 8 998 | 6 702 | 19 548 | 19 562 | 33 691 | 76 023 | 117 572 | 216 903 | 346 376 | 682 499 | 1 162 950 | 686 086 | 847 342 |
| Total debt | 72 536 | 28 825 | 24 303 | 28 587 | 20 170 | 16 702 | 29 548 | 35 360 | 52 470 | 120 045 | 139 119 | 219 066 | 346 625 | 1 696 554 | 2 316 097 | 2 028 365 | 1 921 894 |
EBITDA margin
33.7%
This company
15.8%
Market median
+113% vs market
20082024
Equity ratio
11.3%
This company
38.2%
Market median
-70% vs market
20082024
Return on equity
180.1%
This company
18.4%
Market median
+879% vs market
20082024
Net profit margin
46.3%
This company
8.1%
Market median
+472% vs market
20082024
Asset turnover
0.44×
This company
1.12×
Market median
-61% vs market
20082024
Debt / equity
7.81×
This company
0.62×
Market median
-1160% vs market
20082024
- 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
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
AM Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Chairman | 2022 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Element Logic Bidco As | Company | 100.0% | 100.0% | 2024 |
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Element Logic Holding As
ELEMENT LOGIC AS Board members of ELEMENT LOGIC AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ankush Malhotra | Chief Executive Officer | 0 companies |
| Jannicke Aschjem Syrdalen | Board of Directors | 0 companies |
| Dag-Adler Blakseth | Chairman | 0 companies |
| Jo Olav Lunder | Chairman | 0 companies |
| Linda Renate Pedersen | Board of Directors | 0 companies |
| Grethe Kristin Moen | Board of Directors | 0 companies |
| Knut Ansten | Board of Directors | 0 companies |
| Fredrik Haavind | Chairman | 0 companies |
| Eir Bjordal Bjørkly | Board of Directors | 0 companies |