BIZTRAC BETA
Electrical installation

FOLKETS ELEKTRO AS

Org. no. 985239002 Limited company (AS) Hvaler Incorporated 2003 Active
Ownership graph ↗
Revenue 2024 NOK 9.5m
Operating profit NOK 966,000
Equity NOK 2.5m
Incorporated 2003
Employees 9
Share capital NOK 100,000

FOLKETS ELEKTRO AS is registered as a limited company in Hvaler, Østfold with organisation number 985239002. The business is classified under electrical installation (NACE 43.210). The company was incorporated in 2003 and has 9 registered employees. Registered share capital is NOK 100,000, divided into 100 shares. The company's stated purpose is: “Elektrisk installasjonsvirksomhet, handel og agentur, kjøp, salg, utleie og drift av fast eiendom, samt all virksomhet som står i forbindelse herved, herunder å delta i andre selskaper med lignende virksomhet. Selskapet vil også kunne drive med kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretagender.”. The most recent filed accounts, for the 2024 financial year, show NOK 9.5m in revenue and NOK 966,000 in operating profit.

Key figures · 2024

Revenue
NOK 9.5m
Operating profit
NOK 966,000
Equity
NOK 2.5m
Est. value
NOK 4.2m

Financial health · 2024

Liquidity
1.55
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
40.1%
Very good
Equity as a share of total capital

Who owns FOLKETS ELEKTRO AS?

HVALER ELEKTRISKE AS
FOLKETS ELEKTRO AS
NOK 9.5m rev. · NOK 966,000 profit

FOLKETS ELEKTRO AS has 1 registered shareholder:

All shareholders and roles →

Which companies does FOLKETS ELEKTRO AS own?

FOLKETS ELEKTRO AS holds a stake in 1 company:

See the full ownership structure →

Frequently asked questions about FOLKETS ELEKTRO AS

Who owns FOLKETS ELEKTRO AS?

HVALER ELEKTRISKE AS is the largest registered owner, with 100.0%.

What is the revenue of FOLKETS ELEKTRO AS?

FOLKETS ELEKTRO AS had revenue of NOK 9.5m in 2024.

Who is the general manager of FOLKETS ELEKTRO AS?

Mads Andreas Bothne is registered as general manager of FOLKETS ELEKTRO AS.

Where is FOLKETS ELEKTRO AS based?

FOLKETS ELEKTRO AS has its business address in Skjærhalden.

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

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