BIZTRAC BETA
COMPANY REGISTER PROFILE
986347801 ORG. NO. 2025 ACCOUNTS 10 SECTIONS
Active UPDATED 02.09.2026
Distribution of electricity

ELMEA AS

Org. no. 986347801 Limited company (AS) Vågan Incorporated 2003 Active
Ownership graph ↗
Revenue 2025 NOK 305.8m
Operating profit NOK 133.9m
Equity NOK 995.6m
Incorporated 2003
Employees 74
Share capital NOK 34.3m

ELMEA AS is registered as a limited company in Vågan, Nordland with organisation number 986347801. The business is classified under distribution of electricity (NACE 35.140). The company was incorporated in 2003 and has 74 registered employees. Registered share capital is NOK 34.3m, divided into 68602 shares. The company's stated purpose is: “Virksomhet tilknyttet overføring av elektrisk energi, og annet som naturlig står i forbindelse med dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 305.8m in revenue and NOK 133.9m in operating profit.

Former names: LOFOTKRAFT NETT AS, LOFOTKRAFT AS

Key figures · 2025

Revenue
NOK 305.8m
▲ +13 %
Operating profit
NOK 133.9m
▲ +97 %
Equity
NOK 995.6m
▲ +5 %
Est. value
NOK 943.6m

Financial health · 2025

Liquidity
0.69
Weak
Current assets ÷ current liabilities
Profitability
6.1%
Satisfactory
Return on total assets
Solidity
42.9%
Very good
Equity as a share of total capital

Who owns ELMEA AS?

ELMEA AS has 2 registered shareholders:

All shareholders and roles →

Which companies does ELMEA AS own?

ELMEA AS holds stakes in 4 companies:

See the full ownership structure →

Frequently asked questions about ELMEA AS

Who owns ELMEA AS?

LOFOTKRAFT AS is the largest registered owner, with 85.0%.

What is the revenue of ELMEA AS?

ELMEA AS had revenue of NOK 305.8m in 2025.

Who is the general manager of ELMEA AS?

Pål Reinold Martinussen is registered as general manager of ELMEA AS.

Where is ELMEA AS based?

ELMEA AS has its business address in Svolvær.

Property

Business address Vorsetøyveien 31, 8300 Svolvær
Cadastral unit 1865-18/2238/0/0
Building Annen kontorbygning · 1 unit

9 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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