VELOX ELECTRO NORDICS AS
Operating
Bygg og anlegg: Elektro. Automasjon. HVAC.
Maritim: Elektro. Automasjon.
Personell: Utleie av ansattes arbeidskraft til oljeserviceindustrien.
Keywords
installationelectrical installations
Organization
- CEO
- GM
Geir Mykland1982
- Chairman of the board
- AB
- Years since formation
- 11 years
- since Jan 9, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 1026
Ownership
- Number of shares and share classes
- 4,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2025
- 1,069,252,175
- NOK
- Annual total result 2025
- 19,725,611
- NOK
- Total equity 2025
- 34,751,470
- NOK
Last update: Aug 20, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GM 1982 | Managing Director/CEO | 13.47 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
AB | Chairman | - |
GM 1982 | Board Member | 13.47 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| - | 27.5 % indirectly | |
IP 1964 | - | 27.5 % indirectly |
| - | 13.47 % indirectly | |
GM 1982 | Managing Director/CEO, Board Member | 13.47 % indirectly |
TO 1971 | - | 13.47 % indirectly |
JH 1967 | - | 3.66 % indirectly |
Last update: Dec 3, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,200 | 55 % | |
| Ordinary shares | 1,800 | 45 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 107,152,000Operating profit 2025: NOK -7,666,000Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 1,069,252,175 | 430,055,271 | 301,403,926 | 80,081,814 | 113,551,172 |
Annual Total Result | 19,725,611 | 11,105,813 | 11,778,874 | 2,837,672 | 3,807,046 |
Total assets | 523,365,189 | 157,408,613 | 105,420,170 | 39,832,405 | 29,509,611 |
Total liabilities | 488,613,718 | 136,795,683 | 95,913,052 | 29,832,405 | 18,852,877 |
Total equity | 34,751,470 | 20,612,930 | 9,507,118 | 10,000,000 | 10,656,734 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 1,069,252,175 | 430,055,271 | 301,403,926 | 80,081,814 | 113,551,172 |
Total operating costs | 1,066,377,936 | 415,757,812 | 286,031,438 | 76,445,554 | 108,701,386 |
Operating result | 2,874,240 | 14,297,459 | 15,372,488 | 3,636,260 | 4,849,786 |
Financial income/costs | 15,356,624 | 88,386 | -205,729 | 71,269 | 58,798 |
Profit before tax | 18,230,864 | 14,385,845 | 15,166,759 | 3,707,530 | 4,908,585 |
Total tax & extraordinary income/cost | -1,494,747 | 3,280,032 | 3,387,885 | 869,858 | 1,101,539 |
Annual Total Result | 19,725,611 | 11,105,813 | 11,778,874 | 2,837,672 | 3,807,046 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 31,570,153 | 5,579,921 | 4,524,827 | 5,173,586 | 5,690,506 |
Total current assets | 491,795,036 | 151,828,692 | 100,895,343 | 34,658,818 | 23,819,105 |
Total assets | 523,365,189 | 157,408,613 | 105,420,170 | 39,832,405 | 29,509,611 |
Short term debt | 433,830,261 | 133,513,348 | 94,317,733 | 28,216,652 | 17,059,279 |
Long term debt | 54,783,457 | 3,282,335 | 1,595,319 | 1,615,753 | 1,793,598 |
Total liabilities | 488,613,718 | 136,795,683 | 95,913,052 | 29,832,405 | 18,852,877 |
Contributed capital | 12,585,027 | 40,000 | 40,000 | 40,000 | 40,000 |
Retained earnings | 22,166,443 | 20,572,930 | 9,467,118 | 9,960,000 | 10,616,734 |
Total equity | 34,751,470 | 20,612,930 | 9,507,118 | 10,000,000 | 10,656,734 |
Total equity and liabilities | 523,365,189 | 157,408,613 | 105,420,170 | 39,832,405 | 29,509,611 |
Classification
21st company classification
BETA
Industrial large enterprise
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