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FLEXCOM AS
AS
Active
Org 998617901
Industriveien 24, 1481 Hagan
Electrical installation · NACE 4321
Est. 2012
33 employees
www.flexcom.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 41,3M
+21% vs 2023
EBITDA margin
14.5%
+53% vs 2023
Equity ratio
28.5%
Financial strength
Net profit 2024
NOK 3,6M
+75% vs 2023
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
1M
2020
2M
+100%
2021
1M
-50%
2022
4M
+300%
2023
6M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 41,3M
+21%
EBITDA
NOK 6M
+53%
Net profit
NOK 3,6M
+75%
Total assets
NOK 24,9M
+21%
Equity
NOK 7,1M
+57%
Employees
33
—
Company information
Legal name
FLEXCOM AS
Org number
998617901
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
14. juli 2012
Share capital
NOK 100 000
Employees
33 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Installasjon og service innen svakstrøm og telecom.
Contact
Address
Industriveien 24, 1481 Hagan
Website
www.flexcom.no
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Revenue
NOK millions
0M
12M
24M
35M
47M
19M
2020
22M
2021
31M
2022
34M
2023
41M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
1M
2020
2M
2021
1M
2022
4M
2023
6M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
18 916
22 432
30 904
34 181
41 306
Staff expenses
−10 864
−12 579
−17 083
−17 634
−20 159
EBITDA
1 076
2 223
1 205
3 905
5 974
Depreciation & amort.
−518
−481
−733
−721
−943
EBIT
559
1 743
472
3 183
5 030
Net financials
387
−302
−452
−537
−466
Profit before tax
945
1 440
21
2 646
4 564
Tax
78
320
14
602
987
Net profit
867
1 121
7
2 045
3 577
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
8 295
17 763
16 055
20 521
24 866
Equity
1 326
2 446
2 453
4 498
7 075
Long-term debt
627
4 044
2 622
1 552
2 711
Short-term debt
6 342
11 272
10 980
14 471
15 080
Total debt
6 969
15 316
13 602
16 023
17 792
Financial ratios
5-year trend
EBITDA margin
14.5%
This company
15.8%
Market median
-8% vs market
2020
2024
Equity ratio
28.5%
This company
38.2%
Market median
-25% vs market
2020
2024
Return on equity
50.6%
This company
18.4%
Market median
+175% vs market
2020
2024
Net profit margin
8.7%
This company
8.1%
Market median
+7% vs market
2020
2024
Asset turnover
1.66×
This company
1.12×
Market median
+48% vs market
2020
2024
Debt / equity
2.51×
This company
0.62×
Market median
-305% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
BH
Bjørn Henning Anderssen Brustad
Board of Directors
2019
TK
Terje Kvernstad
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kvernstad Holding As
Company
70%
70%
2022
Unknown
Individual
15%
15%
2022
Per Arvid Illertz
Individual
15%
15%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
FLEXCOM AS
(this company)
FLEXCOM ANLEGG AS
Board network connections
Board members of FLEXCOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørn Henning Anderssen Brustad
Board of Directors
0 companies
Terje Kvernstad
Chairman
0 companies