EL - WATCH AS
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El-Watch is a tech company that develops wireless IoT sensors and cutting-edge solutions for efficient industrial monitoring.,El-Watch is a tech company that develops wireless IoT sensors and cutting-edge solutions for efficient industrial monitoring.
Organization
- CEO
- IF
Ingar Fredriksen1970
- Chairman of the board
- BA
- Years since formation
- 23 years
- since Jun 10, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 384,023
- 1 share class
- Total number of shareholders
- 55
- 32 companies, 23 persons
Financials
- Total operating income 2024
- 28,280,842
- NOK
- Annual total result 2024
- -2,437,525
- NOK
- Total equity 2024
- 19,088,413
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IF 1970 | Managing Director/CEO | 4.61 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
BA | Chairman | 11.85 % directly 9.14 % indirectly 2.71 % |
OF 1978 | Board Member | 7.69 % directly |
HS 1974 | Board Member | - |
AE 1966 | Board Member | 1.55 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TT | - | 12.8 % indirectly |
BA | Chairman | 11.85 % directly 9.14 % indirectly 2.71 % |
TØ | - | 11.6 % directly 10.09 % indirectly 1.51 % |
OF 1978 | Board Member | 7.69 % directly |
IF 1970 | Managing Director/CEO | 4.61 % indirectly |
BÅ | - | 3.62 % indirectly |
KH 1973 | - | 3.52 % directly |
NA | - | 1.88 % directly |
BK | - | 1.8 % indirectly |
AE 1966 | Board Member | 1.55 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 49,158 | 12.8 % | |
TØ | Ordinary shares | 38,740 | 10.09 % |
| Ordinary shares | 36,064 | 9.39 % | |
BA | Ordinary shares | 35,100 | 9.14 % |
OF 1978 | Ordinary shares | 29,520 | 7.69 % |
| Ordinary shares | 18,096 | 4.71 % | |
| Ordinary shares | 17,715 | 4.61 % | |
| Ordinary shares | 13,915 | 3.62 % | |
KH 1973 | Ordinary shares | 13,525 | 3.52 % |
| Ordinary shares | 10,400 | 2.71 % | |
| Ordinary shares | 7,829 | 2.04 % | |
| Ordinary shares | 7,761 | 2.02 % | |
NA | Ordinary shares | 7,217 | 1.88 % |
| Ordinary shares | 6,911 | 1.8 % | |
| Ordinary shares | 6,515 | 1.7 % | |
| Ordinary shares | 6,350 | 1.65 % | |
| Ordinary shares | 6,350 | 1.65 % | |
| Ordinary shares | 5,803 | 1.51 % | |
| Ordinary shares | 4,762 | 1.24 % | |
| Ordinary shares | 4,762 | 1.24 % | |
| Ordinary shares | 4,629 | 1.21 % | |
HH | Ordinary shares | 4,247 | 1.11 % |
HB 1980 | Ordinary shares | 4,000 | 1.04 % |
OS | Ordinary shares | 3,463 | 0.9 % |
| Ordinary shares | 3,457 | 0.9 % | |
| Ordinary shares | 3,087 | 0.8 % | |
| Ordinary shares | 3,087 | 0.8 % | |
| Ordinary shares | 2,955 | 0.77 % | |
| Ordinary shares | 2,811 | 0.73 % | |
| Ordinary shares | 2,585 | 0.67 % | |
| Ordinary shares | 2,281 | 0.59 % | |
| Ordinary shares | 2,096 | 0.55 % | |
| Ordinary shares | 1,805 | 0.47 % | |
AE 1980 | Ordinary shares | 1,734 | 0.45 % |
| Ordinary shares | 1,592 | 0.41 % | |
RA 1979 | Ordinary shares | 1,508 | 0.39 % |
| Ordinary shares | 1,428 | 0.37 % | |
PO 1979 | Ordinary shares | 1,428 | 0.37 % |
GR 1973 | Ordinary shares | 1,428 | 0.37 % |
| Ordinary shares | 1,236 | 0.32 % | |
| Ordinary shares | 1,235 | 0.32 % | |
MM 1983 | Ordinary shares | 1,000 | 0.26 % |
| Ordinary shares | 880 | 0.23 % | |
| Ordinary shares | 794 | 0.21 % | |
EØ 1988 | Ordinary shares | 760 | 0.2 % |
| Ordinary shares | 665 | 0.17 % | |
HS | Ordinary shares | 523 | 0.14 % |
TE 1975 | Ordinary shares | 428 | 0.11 % |
PA 1959 | Ordinary shares | 182 | 0.05 % |
ES 1991 | Ordinary shares | 75 | 0.02 % |
MG | Ordinary shares | 35 | < 0.01 % |
OM | Ordinary shares | 32 | < 0.01 % |
ØH | Ordinary shares | 28 | < 0.01 % |
TS 2000 | Ordinary shares | 18 | < 0.01 % |
RS 1998 | Ordinary shares | 18 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 28,280,842 | 22,403,620 | 20,648,712 | 14,801,221 |
Annual Total Result | -2,437,525 | -6,717,029 | -4,734,671 | -641,699 |
Total assets | 41,508,899 | 37,093,073 | 40,203,122 | 29,727,628 |
Total liabilities | 22,420,486 | 23,775,351 | 20,168,370 | 17,158,505 |
Total equity | 19,088,413 | 13,317,722 | 20,034,752 | 12,569,123 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 28,280,842 | 22,403,620 | 20,648,712 | 14,801,221 |
Total operating costs | 29,694,610 | 29,740,440 | 25,857,510 | 14,737,565 |
Operating result | -1,413,768 | -7,336,820 | -5,208,798 | 63,656 |
Financial income/costs | -1,707,329 | -1,269,702 | -856,788 | -875,871 |
Profit before tax | -3,121,097 | -8,606,522 | -6,065,586 | -812,215 |
Total tax & extraordinary income/cost | -683,572 | -1,889,493 | -1,330,915 | -170,516 |
Annual Total Result | -2,437,525 | -6,717,029 | -4,734,671 | -641,699 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 23,750,128 | 22,963,168 | 18,927,432 | 12,579,680 |
Total current assets | 17,758,771 | 14,129,905 | 21,275,690 | 17,147,948 |
Total assets | 41,508,899 | 37,093,073 | 40,203,122 | 29,727,628 |
Short term debt | 3,543,041 | 6,161,996 | 6,261,692 | 1,821,504 |
Long term debt | 18,877,445 | 17,613,355 | 13,906,679 | 15,337,001 |
Total liabilities | 22,420,486 | 23,775,351 | 20,168,370 | 17,158,505 |
Contributed capital | 21,525,938 | 13,317,722 | 35,559,899 | 23,359,599 |
Retained earnings | -2,437,525 | 0 | -15,525,147 | -10,790,476 |
Total equity | 19,088,413 | 13,317,722 | 20,034,752 | 12,569,123 |
Total equity and liabilities | 41,508,898 | 37,093,073 | 40,203,122 | 29,727,628 |
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