ELGAR KAPITAL AS

Operating

Investeringsselskap som skal forvaltes og markedsføres etter lov om forvaltning av alternative investeringsfond.

Investeringsselskap etter lov om alternative investeringsfond.

Organization

CEO: DE
Dag Elgar Sønsterud1961
Chairman of the board: TF
Terje Frafjord1970
Years since formation: 7 years; since Nov 16, 2019
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 4,917,440; 1 share class
Total number of shareholders: 46; 45 companies, 1 person

Financials

Total operating income 2025: 257,891,816; NOK
Annual total result 2025: 222,841,443; NOK
Total equity 2025: 1,211,452,371; NOK

Last update: Feb 23, 2026

Locations

Company address
Rådhusgata 6 4306 SANDNES, Norge
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Management

Management / administration

Name	Role	Shares
DE Dag Elgar Sønsterud 1961	Managing Director/CEO	1.98 % indirectly

Board

Name	Role	Shares
TF Terje Frafjord 1970	Chairman	-
TH Torbjørn Hole Frønningen 1974	Board Member	-
TK Trine Karin Stangeland 1973	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
K KJELL HAVER REGNSKAPSSERVICE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BK Bodil Kvia 1967	-	9.26 % indirectly
LI Leif Inge Slethei 1952	-	6.96 % indirectly
KK Kristin Kvia 1973	-	5.78 % indirectly
HS Henning Stokke 1964	-	4.2 % indirectly
TS Tonje Skovgaard Slethei 1974	-	4.1 % indirectly
AS Arne Stangeland 1957	-	4.02 % indirectly
OS Olav Stangeland 1955	-	3.86 % indirectly
ME Marit Eide Myhre 1987	-	3.22 % indirectly
EG Eide Gundersen Ingrid 1984	-	3.22 % indirectly
AR Anne-Hilde Reigstad Stangeland 1966	-	2.59 % indirectly

Last update: Apr 5, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
L LEIF INGE SLETTHEI AS	Ordinary shares	543,453	11.05 %
B B KVIA HOLDING AS	Ordinary shares	432,521	8.8 %
M MARINGTO AS	Ordinary shares	395,823	8.05 %
S SANDNES KOMMUNALE PENSJONSKASSE	Ordinary shares	332,042	6.75 %
K K KVIA HOLDING AS	Ordinary shares	261,496	5.32 %
M MYRVEIEN VEKST AS	Ordinary shares	206,583	4.2 %
A AJ STANGELAND HOLDING AS	Ordinary shares	197,836	4.02 %
O OLAVS HOLDING AS	Ordinary shares	189,585	3.86 %
S SPAREBANKSTIFTINGA JÆREN - TIME OG HÅ	Ordinary shares	147,100	2.99 %
T TIME KOMMUNE	Ordinary shares	131,246	2.67 %
R REIGSTAD AS	Ordinary shares	127,348	2.59 %
N NESE AS	Ordinary shares	110,756	2.25 %
E ELGAR AS	Ordinary shares	97,228	1.98 %
A A.S. KVIA HOLDING AS	Ordinary shares	91,441	1.86 %
B BRS-HOLDING AS	Ordinary shares	90,808	1.85 %
S SAVOCA AS	Ordinary shares	84,776	1.72 %
H HH INVESTERING AS	Ordinary shares	81,747	1.66 %
H HCM GROUP AS	Ordinary shares	77,370	1.57 %
S SA SKÅLAND AS	Ordinary shares	75,423	1.53 %
Ø ØSTREM INVEST AS	Ordinary shares	74,699	1.52 %
F FANTASEA AS	Ordinary shares	71,018	1.44 %
S SOLSKINN INVESTERING AS	Ordinary shares	69,821	1.42 %
K KVIA INVESTERING AS	Ordinary shares	67,987	1.38 %
G GARNENG KAPITAL AS	Ordinary shares	65,418	1.33 %
F FRODO INVEST AS	Ordinary shares	62,411	1.27 %
S SEGBÅSS AS	Ordinary shares	55,005	1.12 %
J JORAN HOLDING AS	Ordinary shares	54,864	1.12 %
G GRUDE INVEST AS	Ordinary shares	53,788	1.09 %
J JOSMAG AS	Ordinary shares	50,517	1.03 %
T TRALLFA CAPITAL AS	Ordinary shares	48,134	0.98 %
W WIGGO ERICHSEN HOLDING AS	Ordinary shares	47,783	0.97 %
H HERMANSEN BIL AS	Ordinary shares	47,275	0.96 %
G GANGAREN AS	Ordinary shares	45,719	0.93 %
M MACRO PARTNER AS	Ordinary shares	44,662	0.91 %
N NORT AS	Ordinary shares	43,278	0.88 %
O OBN AS	Ordinary shares	42,387	0.86 %
B BRYNEHAUGEN AS	Ordinary shares	42,387	0.86 %
O OLDEIDE INVEST AS	Ordinary shares	42,323	0.86 %
S STIFTELSEN STAVANGER HAVNEMISJON	Ordinary shares	39,872	0.81 %
I INDUSTRI-INVEST AS	Ordinary shares	39,758	0.81 %
C COOPERNOG AS	Ordinary shares	38,394	0.78 %
T TH-KAPITAL AS	Ordinary shares	30,001	0.61 %
S SPARFLY AS	Ordinary shares	22,143	0.45 %
V VELDE HOLDING AS	Ordinary shares	15,100	0.31 %
OB Oftedal Bjarte 1995	Ordinary shares	14,762	0.3 %
B BUKE INVEST AS	Ordinary shares	13,352	0.27 %

Shares owned by the ELGAR KAPITAL AS

Name	Share class	Total number of shares	Share
J JÆREN SPAREBANK	NO0010359433	79,136	1.6 %
P PARETO BANK ASA	NO0010397581	596,682	0.78 %
E ELMERA GROUP ASA	NO0010815673	745,000	0.65 %
R ROGALAND SPAREBANK	NO0006001007	115,963	0.46 %
S SPAREBANK 1 NORD-NORGE	NO0006000801	375,000	0.37 %
K KITRON ASA	NO0003079709	716,969	0.36 %
S SPAREBANK 1 RINGERIKE HADELAND	NO0006390400	44,320	0.28 %
S SPAREBANK 1 SMN	NO0006390301	282,000	0.2 %
S SPAREBANKEN NORGE	NO0006000900	200,000	0.18 %
W WILH. WILHELMSEN HOLDING ASA	NO0010576010	78,901	0.18 %
E EUROPRIS ASA	NO0010735343	265,000	0.16 %
O Olav Thon Eiendomsselskap ASA	NO0005638858	148,512	0.15 %
P PROTECTOR FORSIKRING ASA	NO0010209331	115,000	0.14 %
V Veidekke ASA	NO0005806802	157,500	0.12 %
S STOREBRAND ASA	NO0003053605	305,000	0.07 %
A AKER ASA	NO0010234552	44,000	0.06 %
S SPAREBANK 1 SØR-NORGE ASA	NO0010631567	188,705	0.05 %
V VEND MARKETPLACES ASA	NO0010736879	84,000	0.04 %
E EQUINOR ASA	NO0010096985	130,000	< 0.01 %
D DNB BANK ASA	NO0010161896	40,000	< 0.01 %
K KONGSBERG GRUPPEN ASA	NO0003043309	11,000	< 0.01 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	257,891,816	126,847,785	47,913,700	-13,561,715	77,418,480
Annual Total Result	222,841,443	109,468,684	40,469,095	-18,096,303	66,015,731
Total assets	1,220,790,366	729,834,497	519,580,622	405,564,403	327,362,971
Total liabilities	9,337,995	14,467,096	12,895,907	424,771	4,892,750
Total equity	1,211,452,371	715,367,401	506,684,715	405,139,632	322,470,221

P&L

Year	2025	2024	2023	2022	2021
Total operating income	257,891,816	126,847,785	47,913,700	-13,561,715	77,418,480
Total operating costs	35,892,350	17,781,370	7,727,581	4,543,568	11,402,749
Operating result	221,999,465	109,066,415	40,186,118	-18,105,283	66,015,731
Financial income/costs	841,978	402,269	282,977	8,980	0
Profit before tax	222,841,443	109,468,684	40,469,095	-18,096,303	66,015,731
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	222,841,443	109,468,684	40,469,095	-18,096,303	66,015,731

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	0	0	0	0	0
Total current assets	1,220,790,366	729,834,497	519,580,622	405,564,403	327,362,971
Total assets	1,220,790,366	729,834,497	519,580,622	405,564,403	327,362,971
Short term debt	9,337,995	14,467,096	12,895,907	424,771	4,892,750
Long term debt	0	0	0	0	0
Total liabilities	9,337,995	14,467,096	12,895,907	424,771	4,892,750
Contributed capital	948,278,576	617,894,760	476,760,344	379,281,566	256,454,490
Retained earnings	263,173,794	97,472,641	29,924,371	25,858,066	66,015,731
Total equity	1,211,452,371	715,367,401	506,684,715	405,139,632	322,470,221
Total equity and liabilities	1,220,790,366	729,834,497	519,580,622	405,564,403	327,362,971

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

ELGAR KAPITAL AS823 833 202

ELGAR KAPITAL AS

Organization

Ownership

Financials

Locations

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the ELGAR KAPITAL AS

Financials

Summary

P&L

Balance overview

Classification