ELEMENT LOGIC AS
Frontpage - Element Logic
Element Logic offers tailor-made solutions to improve warehouse performance and efficiency.
Keywords
installationliftsescalatorsrepair and maintenanceautomatic doorsswing doorslightning arresterscentral vacuum cleanerssound insulationvibration insulation
Organization
- CEO
- AM
Ankush Malhotra1977
- Chairman of the board
- FH
Fredrik Haavind1976
- Years since formation
- 25 years
- since Oct 21, 2000
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 139
Ownership
- Number of shares and share classes
- 111,721
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 721,912,022
- NOK
- Annual total result 2023
- 310,003,661
- NOK
- Total equity 2023
- 120,099,922
- NOK
Last update: Oct 14, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AM 1977 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LR | Board Member | - |
FH 1976 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Sep 30, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 111,721 | 100 % |
Shares owned by the ELEMENT LOGIC AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 30 % | |
| Ordinary shares | 17,648 | 14.29 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -11,784,603Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 721,912,022 | 672,376,063 | 451,223,849 |
Annual Total Result | 310,003,661 | 428,167,972 | 116,920,991 |
Total assets | 2,148,464,661 | 2,427,956,737 | 1,815,632,199 |
Total liabilities | 2,028,364,739 | 2,316,096,558 | 1,696,698,446 |
Total equity | 120,099,922 | 111,860,179 | 118,933,753 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 721,912,022 | 672,376,063 | 451,223,849 |
Total operating costs | 510,698,948 | 492,175,200 | 479,500,981 |
Operating result | 211,213,074 | 180,200,863 | -28,277,132 |
Financial income/costs | 153,278,360 | 307,471,352 | 165,365,737 |
Profit before tax | 364,491,434 | 487,672,215 | 137,088,605 |
Total tax & extraordinary income/cost | 54,487,773 | 59,504,243 | 20,167,614 |
Annual Total Result | 310,003,661 | 428,167,972 | 116,920,991 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,424,245,184 | 1,471,013,619 | 1,071,580,962 |
Total current assets | 724,219,478 | 956,943,118 | 744,051,237 |
Total assets | 2,148,464,661 | 2,427,956,737 | 1,815,632,199 |
Short term debt | 686,085,894 | 1,162,949,752 | 682,498,767 |
Long term debt | 1,342,278,845 | 1,153,146,806 | 1,014,199,679 |
Total liabilities | 2,028,364,739 | 2,316,096,558 | 1,696,698,446 |
Contributed capital | 95,995,038 | 85,315,011 | 3,712,973 |
Retained earnings | 24,104,885 | 26,545,168 | 115,220,780 |
Total equity | 120,099,922 | 111,860,179 | 118,933,753 |
Total equity and liabilities | 2,148,464,661 | 2,427,956,737 | 1,815,632,199 |
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
43.29
Industrial group
Other construction installation
43.290
Industrial group
Other construction installation