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E

ELVATE AS998 276 764

Contractor activities
Limited company
Røyrvikvegen 6 4755 HOVDEN I SETESDAL, Norge

ELVATE AS

Keywords

constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance

Organization

CEO
Chairman of the board
Years since formation
13 years
since Apr 21, 2012
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
60
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
692,838
NOK
Annual total result 2024
107,914
NOK
Total equity 2024
192,122
NOK
Last update: Jul 3, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO
50 %
indirectly

Board

NameRoleShares
Chairman
50 %
indirectly
Board Member
50 %
indirectly

Others

NameRoleShares
I
IREVISJON AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Board Member
50 %
indirectly
Managing Director/CEO, Chairman
50 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
H
HOVDEN HYTTESERVICE AS
Ordinary shares
60
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2023: NOK 363,978,236
    Operating profit 2023: NOK 40,893,093
    Employees: 84

Financials

in NOK

Summary

Year2024202320222021
Total operating income
692,838
824,972
822,171
1,571,448
Annual Total Result
107,914
-20,820
67,743
-110,335
Total assets
684,380
769,097
820,193
871,156
Total liabilities
492,258
274,890
305,165
423,871
Total equity
192,122
494,208
515,027
447,285

P&L

Year2024202320222021
Total operating income
692,838
824,972
822,171
1,571,448
Total operating costs
557,029
852,374
735,324
1,712,525
Operating result
135,809
-27,403
86,847
-141,077
Financial income/costs
2,396
793
0
-377
Profit before tax
138,205
-26,610
86,847
-141,454
Total tax & extraordinary income/cost
30,291
-5,790
19,104
-31,119
Annual Total Result
107,914
-20,820
67,743
-110,335

Balance overview

Year2024202320222021
Total fixed assets
0
0
0
0
Total current assets
684,380
769,097
820,193
871,156
Total assets
684,380
769,097
820,193
871,156
Short term debt
482,789
264,286
288,771
402,298
Long term debt
9,469
10,604
16,394
21,573
Total liabilities
492,258
274,890
305,165
423,871
Contributed capital
192,122
447,285
447,285
447,285
Retained earnings
0
46,923
67,743
0
Total equity
192,122
494,208
515,027
447,285
Total equity and liabilities
684,380
769,097
820,193
871,156

Classification

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
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings