Elvate AS
ASActiveOrg 998276764Røyrvikvegen 6, 4755 Hovden I SetesdalWholesale of mining, construction and civil engineering machinery· NACE 4663Est. 2012 · 14 years old1-4 employeeshttps://nesland.as
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Elvate AS is a Norwegian AS based in Hovden I Setesdal, operating in the Wholesale of mining, construction and civil engineering machinery sector. Incorporated in 2012, the company reported revenue of NOK 46.6m in its latest annual filing.
In its most recent annual report (2025), Elvate AS reported revenue of NOK 46.6m, an increase of 6627% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 1.8m, and the EBITDA margin stood at 11.2%.
At the end of 2025, equity financed 4.1% of the balance sheet, and current assets covered short-term debt 1 times.