LOS ØLVE ELEKTRO AS • 976267036 • Ølve • Specialised construction activities

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LOS ØLVE ELEKTRO AS

Operating

Elektroinstallasjon og salg av diverse varer og tjenester.

Keywords

installationelectrical installations

Organization

CEO: MH
Martin Hjørnevik Ragnhildstveit1994
Chairman of the board: OA
Oddgeir Alvsvåg1972
Years since formation: 30 years; since Apr 11, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 10

Ownership

Number of shares and share classes: 400; 1 share class
Total number of shareholders: 8; 1 company, 7 persons
Belongs to group of

Financials

Total operating income 2025: 18,887,084; NOK
Annual total result 2025: 2,344,556; NOK
Total equity 2025: 854,378; NOK

Last update: Aug 12, 2026

Management

Management / administration

Name	Role	Shares
MH Martin Hjørnevik Ragnhildstveit 1994	Managing Director/CEO	-

Board

Name	Role	Shares
OA Oddgeir Alvsvåg 1972	Chairman	-
PO Per Oddmund Særsten 1981	Board Member	-
SE Sveinung Eide 1966	Board Member	10 % directly
TO Terje Olderkjær 1967	Board Member	1.5 % directly
MH Markus Håland Lie 2001	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
R RESPIRARE ACCOUNTING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SH Stig Håvik 1966	-	16.25 % directly
RD Rune Dahle 1960	-	15 % directly
ML Martin Lønning 1952	-	10.05 % indirectly
GF Gro Fadnes Lønning 1954	-	10.05 % indirectly
SE Sveinung Eide 1966	Board Member	10 % directly
RH Reidun Hellen Særsten 1964	-	5.02 % indirectly
JS Jakob Særsten 1956	-	5.02 % indirectly
SK Sveinar Kringlebotten 1958	-	4 % directly
TM Tore Martin Storetvedt 1995	-	2.75 % directly
TO Terje Olderkjær 1967	Board Member	1.5 % directly

Last update: Jul 16, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
L LOS ELEKTRO AS	Ordinary shares	201	50.25 %
SH Stig Håvik 1966	Ordinary shares	65	16.25 %
RD Rune Dahle 1960	Ordinary shares	60	15 %
SE Sveinung Eide 1966	Ordinary shares	40	10 %
SK Sveinar Kringlebotten 1958	Ordinary shares	16	4 %
TM Tore Martin Storetvedt 1995	Ordinary shares	11	2.75 %
TO Terje Olderkjær 1967	Ordinary shares	6	1.5 %
DT Dag Tore Markhus 1997	Ordinary shares	1	0.25 %

Shares owned by the LOS ØLVE ELEKTRO AS

Name	Share class	Total number of shares	Share
L LOS VARMEPUMPE VESTLAND AS	Ordinary shares	510	51 %
S SOLCELLE VESTLAND AS	Ordinary shares	20	10 %
E EL PROFFEN AS	Ordinary shares	1	< 0.01 %

Last update: Jun 2, 2025

Group structure

LOS GRUPPEN AS
Total operating income 2025: NOK 30,773,908
Operating profit 2025: NOK -3,786,842
Employees: 13

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	18,887,084	21,953,950	21,233,470	21,126,558	19,375,788
Annual Total Result	2,344,556	4,050,464	2,389,262	3,739,107	3,481,421
Total assets	8,448,036	14,791,561	12,644,266	13,083,855	10,225,275
Total liabilities	7,593,658	13,781,739	7,684,908	8,513,758	6,394,285
Total equity	854,378	1,009,822	4,959,358	4,570,097	3,830,989

P&L

Year	2025	2024	2023	2022	2021
Total operating income	18,887,084	21,953,950	21,233,470	21,126,558	19,375,788
Total operating costs	15,488,173	17,409,871	18,861,170	17,110,519	15,372,002
Operating result	3,398,911	4,544,079	2,372,301	4,016,039	4,003,786
Financial income/costs	-278,044	550,099	558,944	624,241	365,208
Profit before tax	3,120,867	5,094,178	2,931,245	4,640,280	4,368,994
Total tax & extraordinary income/cost	776,311	1,043,714	541,983	901,173	887,573
Annual Total Result	2,344,556	4,050,464	2,389,262	3,739,107	3,481,421

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	690,612	2,650,365	2,688,606	3,182,738	1,747,908
Total current assets	7,757,424	12,141,196	9,955,660	9,901,117	8,477,367
Total assets	8,448,036	14,791,561	12,644,266	13,083,855	10,225,275
Short term debt	7,593,658	13,769,764	7,644,496	8,432,322	6,372,342
Long term debt	0	11,975	40,412	81,436	21,943
Total liabilities	7,593,658	13,781,739	7,684,908	8,513,758	6,394,285
Contributed capital	850,000	850,000	850,000	850,000	850,000
Retained earnings	4,378	159,822	4,109,358	3,720,097	2,980,989
Total equity	854,378	1,009,822	4,959,358	4,570,097	3,830,989
Total equity and liabilities	8,448,036	14,791,561	12,644,266	13,083,855	10,225,275

Classification

21st company classification

BETA

Small company

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