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MØRE ELEKTROSERVICE AS
AS
Active
Org 991965742
Hundsværgata 8, 6008 Ålesund
Electrical installation · NACE 4321
Est. 2007
11 employees
www.moreelektroservice.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 15,3M
0% vs 2023
EBITDA margin
0.8%
-86% vs 2023
Equity ratio
64.4%
Financial strength
Net profit 2024
NOK 85K
-87% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 15,3M
+0%
EBITDA
NOK 127K
-86%
Net profit
NOK 85K
-87%
Total assets
NOK 8,3M
-11%
Equity
NOK 5,3M
-7%
Employees
11
—
Company information
Legal name
MØRE ELEKTROSERVICE AS
Org number
991965742
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
20. november 2007
Share capital
NOK 375 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller styrets leder alene.
Company purpose
Å drive installasjon og service av skips og industri elektro, samt salg av varer og tjenester i tilknytning av dette.
Contact
Address
Hundsværgata 8, 6008 Ålesund
Website
www.moreelektroservice.no
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Companies in Electrical installation
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
5M
10M
16M
21M
14M
2020
15M
2021
18M
2022
15M
2023
15M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
13 660
14 772
17 865
15 366
15 316
Staff expenses
−5 721
−6 650
−7 252
−7 258
−6 860
EBITDA
1 020
1 076
1 075
877
127
Depreciation & amort.
−36
−32
−35
−75
−83
EBIT
984
1 044
1 040
801
44
Net financials
6
10
22
31
66
Profit before tax
990
1 053
1 062
833
110
Tax
220
233
239
188
25
Net profit
771
820
824
645
85
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
8 772
9 234
9 554
9 314
8 299
Equity
5 471
5 292
5 615
5 760
5 345
Long-term debt
0
0
0
0
0
Short-term debt
3 301
3 943
3 939
3 554
2 954
Total debt
3 301
3 943
3 939
3 554
2 954
Financial ratios
5-year trend
EBITDA margin
0.8%
This company
15.8%
Market median
-95% vs market
2020
2024
Equity ratio
64.4%
This company
38.2%
Market median
+69% vs market
2020
2024
Return on equity
1.6%
This company
18.4%
Market median
-91% vs market
2020
2024
Net profit margin
0.6%
This company
8.1%
Market median
-93% vs market
2020
2024
Asset turnover
1.85×
This company
1.12×
Market median
+65% vs market
2020
2024
Debt / equity
0.55×
This company
0.62×
Market median
+11% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KØ
Kjetil Østrem
Chief Executive Officer
Chief Executive Officer
2007
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AT
Arild Torgeir Østrem
Chairman
2014
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Stremco Holding As
Company
34%
34%
2022
Arne Morten Sandanger
Individual
10%
10%
2022
Olav Thorvik
Individual
10%
10%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MØRE ELEKTROSERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjetil Østrem
Chief Executive Officer
0 companies
Arild Torgeir Østrem
Chairman
0 companies