ELCO INVEST AS
Organization
- CEO
- JE
- Chairman of the board
- JE
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 3,000
- 2 share classes
- Total number of shareholders
- 3
- 1 company, 2 persons
Financials
- Total operating income 2024
- 1,879,360
- NOK
- Annual total result 2024
- 1,748,750
- NOK
- Total equity 2024
- 12,126,702
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JE | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JE | Chairman | - |
AC | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MW | - | 52.33 % directly |
Last update: Aug 31, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 1,430 | 47.67 % | |
MW | Class B shares | 900 | 30 % |
MW | A-shares | 670 | 22.33 % |
Shares owned by the ELCO INVEST AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 1,430 | 47.67 % | |
| Ordinary shares | 5,499,505 | 4.95 % | |
| Ordinary shares | 49 | 4.9 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,879,360 | 1,797,457 | 206,624 | 622,316 |
Annual Total Result | 1,748,750 | 1,525,718 | -1,095,123 | 661,147 |
Total assets | 12,126,705 | 10,427,393 | 8,922,833 | 9,968,339 |
Total liabilities | 3 | 49,442 | 70,599 | 20,982 |
Total equity | 12,126,702 | 10,377,952 | 8,852,234 | 9,947,357 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,879,360 | 1,797,457 | 206,624 | 622,316 |
Total operating costs | 135,434 | 275,282 | 1,303,399 | 239,138 |
Operating result | 1,743,926 | 1,522,175 | -1,096,775 | 383,178 |
Financial income/costs | 4,824 | 3,542 | 1,652 | 277,969 |
Profit before tax | 1,748,750 | 1,525,718 | -1,095,123 | 661,147 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 1,748,750 | 1,525,718 | -1,095,123 | 661,147 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 62,201 | 36,011 | 43,072 | 199,423 |
Total current assets | 12,064,504 | 10,391,383 | 8,879,761 | 9,768,916 |
Total assets | 12,126,705 | 10,427,393 | 8,922,833 | 9,968,339 |
Short term debt | 3 | 49,442 | 70,599 | 20,982 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 3 | 49,442 | 70,599 | 20,982 |
Contributed capital | 314,000 | 314,000 | 314,000 | 314,000 |
Retained earnings | 11,812,702 | 10,063,952 | 8,538,234 | 9,633,357 |
Total equity | 12,126,702 | 10,377,952 | 8,852,234 | 9,947,357 |
Total equity and liabilities | 12,126,705 | 10,427,393 | 8,922,833 | 9,968,339 |
Classification
Type of organization
Limited company