BIZTRAC BETA
COMPANY REGISTER PROFILE
985690960 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Electrical installation

NORELCO ELEKTRO AS

Org. no. 985690960 Limited company (AS) Karmøy Incorporated 2003 Active
Ownership graph ↗
Revenue 2025 NOK 53.0m
Operating profit NOK −4.6m
Equity NOK 1.5m
Incorporated 2003
Employees 42
Share capital NOK 8.8m

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−4,6 mill kr).

NORELCO ELEKTRO AS is registered as a limited company in Karmøy, Rogaland with organisation number 985690960. The business is classified under electrical installation (NACE 43.210). The company was incorporated in 2003 and has 42 registered employees. Registered share capital is NOK 8.8m, divided into 11000000 shares. The company's stated purpose is: “Drive tjenesteytelse og handel innen elektro og telecom, samt hva som hermed står i forbindelse, herunder å delta i andre foretak som driver tilsvarende virksomhet.”. The most recent filed accounts, for the 2025 financial year, show NOK 53.0m in revenue and NOK −4.6m in operating profit.

Former names: ELEKTRO TELECOM RØR ELEKTRO & TELECOM AS, ETR ELEKTRO & TELECOM AS

Key figures · 2025

Revenue
NOK 53.0m
▼ −1 %
Operating profit
NOK −4.6m
▲ +39 %
Equity
NOK 1.5m
▼ −30 %
Est. value
NOK 19.1m

Financial health · 2025

Liquidity
0.87
Weak
Current assets ÷ current liabilities
Profitability
-29.9%
Not satisfactory
Return on total assets
Solidity
10.9%
Satisfactory
Equity as a share of total capital

Who owns NORELCO ELEKTRO AS?

NORELCO ELEKTRO AS
NOK 53.0m rev. · NOK −4.6m profit

NORELCO ELEKTRO AS has 2 registered shareholders:

All shareholders and roles →

Frequently asked questions about NORELCO ELEKTRO AS

Who owns NORELCO ELEKTRO AS?

TEQVA GRUPPEN AS is the largest registered owner, with 75.9%.

What is the revenue of NORELCO ELEKTRO AS?

NORELCO ELEKTRO AS had revenue of NOK 53.0m in 2025.

Who is the general manager of NORELCO ELEKTRO AS?

Kjell Olav Bjørnerud is registered as general manager of NORELCO ELEKTRO AS.

Where is NORELCO ELEKTRO AS based?

NORELCO ELEKTRO AS has its business address in Karmsund.

Property

Business address Norevegen 34, 5542 Karmsund
Cadastral unit 1149-148/1048/0/0
Building Butikkbygning · 1 unit

5 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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