ELMOTOR AS

ELMOTOR AS is registered as a limited company in Klepp, Rogaland with organisation number 929286340. The business is classified under manufacture of electric motors, generators and transformers (NACE 27.110). The company was incorporated in 2022. Registered share capital is NOK 500,000, divided into 10000 shares. The company's stated purpose is: “Virksomhet er knyttet til utvikling, design, konsulenttjenester og produksjons tilrettelegging av el motorer og ulike elektriske maskiner og utstyr.”. The most recent filed accounts, for the 2025 financial year, show NOK 17.9m in revenue and NOK 3.4m in operating profit.

Key figures · 2025

Revenue

NOK 17.9m

Operating profit

NOK 3.4m

Equity

NOK 4.7m

Est. value

NOK 13.4m

Financial health · 2025

Liquidity

2.38

Very good

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

58.1%

Very good

Equity as a share of total capital

Who owns ELMOTOR AS?

VIDAR LØTVEIT

95.0%

ELMOTOR AS

NOK 17.9m rev. · NOK 3.4m profit

ELMOTOR AS has 2 registered shareholders:

• VIDAR LØTVEIT 95.0%
• SVEIN JOAR VAREBERG 5.0%

All shareholders and roles →

Which companies does ELMOTOR AS own?

ELMOTOR AS holds a stake in 1 company:

• PUNDA AS 0.5%

See the full ownership structure →

Frequently asked questions about ELMOTOR AS

Who owns ELMOTOR AS?

VIDAR LØTVEIT is the largest registered owner, with 95.0%.

What is the revenue of ELMOTOR AS?

ELMOTOR AS had revenue of NOK 17.9m in 2025.

Who is the general manager of ELMOTOR AS?

Vidar Løtveit is registered as general manager of ELMOTOR AS.

Where is ELMOTOR AS based?

ELMOTOR AS has its business address in Bryne.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.