BLU ELECTRO AS
Keywords
installationelectrical installations
Organization
- CEO
- TE
Terje Egeland1968
- Chairman of the board
- TE
Terje Egeland1968
- Years since formation
- 5 years
- since Jul 9, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 238
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 2024
- 235,443,392
- NOK
- Annual total result 2024
- 6,016,388
- NOK
- Total equity 2024
- 8,714,059
- NOK
Last update: May 14, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TE 1968 | Managing Director/CEO | 62.75 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TE 1968 | Chairman | 62.75 % indirectly |
KG | Board Member | 14.72 % indirectly |
HL 1986 | Board Member | 1.29 % indirectly |
SO 1975 | Board Member | - |
CL | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TE 1968 | Managing Director/CEO, Chairman | 62.75 % indirectly |
KG | Board Member | 14.72 % indirectly |
SS 1970 | - | 4.42 % indirectly |
KI 1968 | - | 4.42 % indirectly |
AJ | - | 1.34 % indirectly |
KO | - | 1.29 % indirectly |
HL 1986 | Board Member | 1.29 % indirectly |
| - | 1.29 % indirectly | |
LT 1982 | - | 1.29 % indirectly |
NM | - | 1.29 % indirectly |
Last update: Feb 19, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,802,000 | 44.15 % | |
| Ordinary shares | 1,802,000 | 44.15 % | |
| Ordinary shares | 396,000 | 9.7 % | |
| Ordinary shares | 81,216 | 1.99 % |
Shares owned by the BLU ELECTRO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 200 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2024: NOK 235,443,392Operating profit 2024: NOK 6,772,709Employees: 238
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 235,443,392 | 172,875,019 | 110,333,681 |
Annual Total Result | 6,016,388 | 2,398,495 | 2,015,426 |
Total assets | 70,967,340 | 52,507,282 | 35,067,678 |
Total liabilities | 62,253,281 | 46,478,372 | 31,655,280 |
Total equity | 8,714,059 | 6,028,910 | 3,412,398 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 235,443,392 | 172,875,019 | 110,333,681 |
Total operating costs | 228,670,683 | 169,775,818 | 107,463,952 |
Operating result | 6,772,709 | 3,099,201 | 2,869,729 |
Financial income/costs | -169,635 | -186,646 | -246,003 |
Profit before tax | 6,603,074 | 2,912,555 | 2,623,726 |
Total tax & extraordinary income/cost | 586,686 | 514,060 | 608,300 |
Annual Total Result | 6,016,388 | 2,398,495 | 2,015,426 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 1,725,546 | 4,136,744 | 595,436 |
Total current assets | 69,241,794 | 48,370,538 | 34,472,243 |
Total assets | 70,967,340 | 52,507,282 | 35,067,678 |
Short term debt | 62,100,843 | 46,437,181 | 31,655,280 |
Long term debt | 152,438 | 41,191 | 0 |
Total liabilities | 62,253,281 | 46,478,372 | 31,655,280 |
Contributed capital | 4,869,390 | 4,869,390 | 4,000,000 |
Retained earnings | 3,844,669 | 1,159,520 | -587,602 |
Total equity | 8,714,059 | 6,028,910 | 3,412,398 |
Total equity and liabilities | 70,967,340 | 52,507,282 | 35,067,678 |
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
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation