EURO ELEKTRO AS
Keywords
installationelectrical installations
Organization
- CEO
- MH
Morten Hoel1964
- Chairman of the board
- MH
Morten Hoel1964
- Years since formation
- 5 years
- since Feb 24, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 5,107,155
- NOK
- Annual total result 2024
- 208,730
- NOK
- Total equity 2024
- 867,160
- NOK
Last update: Jul 17, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MH 1964 | Managing Director/CEO | 60 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MH 1964 | Chairman | 60 % directly |
LH | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MH 1964 | Managing Director/CEO, Chairman | 60 % directly |
VT 1994 | - | 40 % directly |
Last update: Jul 17, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MH 1964 | Ordinary shares | 60 | 60 % |
VT 1994 | Ordinary shares | 40 | 40 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,107,155 | 5,249,557 | 4,117,077 | 4,202,163 |
Annual Total Result | 208,730 | 160,380 | 86,372 | 118,671 |
Total assets | 2,578,154 | 2,384,161 | 1,372,305 | 1,291,672 |
Total liabilities | 1,710,993 | 1,725,730 | 874,254 | 879,993 |
Total equity | 867,160 | 658,431 | 498,051 | 411,679 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,107,155 | 5,249,557 | 4,117,077 | 4,202,163 |
Total operating costs | 4,806,850 | 5,027,361 | 4,003,189 | 4,049,865 |
Operating result | 300,306 | 222,195 | 113,888 | 152,298 |
Financial income/costs | -32,853 | -16,539 | 118 | -156 |
Profit before tax | 267,453 | 205,656 | 114,006 | 152,142 |
Total tax & extraordinary income/cost | 58,723 | 45,276 | 27,634 | 33,471 |
Annual Total Result | 208,730 | 160,380 | 86,372 | 118,671 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 497,400 | 640,659 | 42,598 | 66,787 |
Total current assets | 2,080,754 | 1,743,502 | 1,329,707 | 1,224,885 |
Total assets | 2,578,154 | 2,384,161 | 1,372,305 | 1,291,672 |
Short term debt | 1,244,031 | 1,150,748 | 871,121 | 868,978 |
Long term debt | 466,962 | 574,982 | 3,133 | 11,015 |
Total liabilities | 1,710,993 | 1,725,730 | 874,254 | 879,993 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 767,160 | 558,431 | 398,051 | 311,679 |
Total equity | 867,160 | 658,431 | 498,051 | 411,679 |
Total equity and liabilities | 2,578,154 | 2,384,161 | 1,372,305 | 1,291,672 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation