BLU ELECTRO AS • 925323276 • Stavanger • Specialised construction activities

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/ Contractor activities

BLU ELECTRO AS

Keywords

installationelectrical installations

Organization

CEO: TE
Terje Egeland1968
Chairman of the board: TE
Terje Egeland1968
Years since formation: 4 years; since Jul 9, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 206

Ownership

Number of shares and share classes: 4,081,216; 1 share class
Total number of shareholders: 4; companies
Belongs to group of

Financials

Total operating income 2023: 172,875,019; NOK
Annual total result 2023: 2,398,495; NOK
Total equity 2023: 6,028,910; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
TE Terje Egeland 1968	Managing Director/CEO	62.75 % indirectly

Board

Name	Role	Shares
TE Terje Egeland 1968	Chairman	62.75 % indirectly
KI Knut Inge Godal 1968	Board Member	4.42 % indirectly
KG Kjetil Gunnar Sinnes 1969	Board Member	14.72 % indirectly
HL Håvard Larsen 1986	Board Member	1.29 % indirectly

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
D DATAPLAN ALPHA AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TE Terje Egeland 1968	Managing Director/CEO, Chairman	62.75 % indirectly
KG Kjetil Gunnar Sinnes 1969	Board Member	14.72 % indirectly
SS Ståle Simonsen 1970	-	4.42 % indirectly
KI Knut Inge Godal 1968	Board Member	4.42 % indirectly
AJ Arne Johan Skogli 1959	-	1.34 % indirectly
KO Kjell Olav Gjerde 1963	-	1.29 % indirectly
HL Håvard Larsen 1986	Board Member	1.29 % indirectly
GO Geir Olav Lillestøl Paulsen 1992	-	1.29 % indirectly
LT Lise Tvedt 1982	-	1.29 % indirectly
NV Nils Martin Vatne 1987	-	1.29 % indirectly

Last update: May 28, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
B BLU ASSET AS	Ordinary shares	1,802,000	44.15 %
F FICATE AS	Ordinary shares	1,802,000	44.15 %
B BLU ELECTRO ANSATTE AS	Ordinary shares	396,000	9.7 %
E ELVERKET HOLDING AS	Ordinary shares	81,216	1.99 %

Shares owned by the BLU ELECTRO AS

Name	Share class	Number of shares	Share
L LYSFIX AS	Ordinary shares	200	100 %

Last update: May 24, 2024

Group structure

BLU ELECTRO AS
Total operating income 2023: NOK 172,875,019
Operating profit 2023: NOK 3,099,201
Employees: 206

Financials

in NOK

Summary

Year	2023	2022
Total operating income	172,875,019	110,333,681
Annual Total Result	2,398,495	2,015,426
Total assets	52,507,282	35,067,678
Total liabilities	46,478,372	31,655,280
Total equity	6,028,910	3,412,398

P&L

Year	2023	2022
Total operating income	172,875,019	110,333,681
Total operating costs	169,775,818	107,463,952
Operating result	3,099,201	2,869,729
Financial income/costs	-186,646	-246,003
Profit before tax	2,912,555	2,623,726
Total tax & extraordinary income/cost	514,060	608,300
Annual Total Result	2,398,495	2,015,426

Balance overview

Year	2023	2022
Total fixed assets	4,136,744	595,436
Total current assets	48,370,538	34,472,243
Total assets	52,507,282	35,067,678
Short term debt	46,437,181	31,655,280
Long term debt	41,191	0
Total liabilities	46,478,372	31,655,280
Contributed capital	4,869,390	4,000,000
Retained earnings	1,159,520	-587,602
Total equity	6,028,910	3,412,398
Total equity and liabilities	52,507,282	35,067,678

Classification

Category

/ Contractor activities

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