BIZTRAC BETA
Manufacture of concrete products for construction purposes

ELEMENT NOR AS

Org. no. 991756434 Limited company (AS) Balsfjord Incorporated 2007 Active
Ownership graph ↗
Revenue 2024 NOK 172.3m
Operating profit NOK −1.7m
Equity NOK 23.6m
Incorporated 2007
Employees 48
Share capital NOK 11.5m

Signals

1 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−1,7 mill kr).

ELEMENT NOR AS is registered as a limited company in Balsfjord, Troms with organisation number 991756434. The business is classified under manufacture of concrete products for construction purposes (NACE 23.610). The company was incorporated in 2007 and has 48 registered employees. Registered share capital is NOK 11.5m, divided into 23000 shares. The company's stated purpose is: “Produksjon og salg av betongelementer, samt hva som står i forbindelse hermed.”. The most recent filed accounts, for the 2024 financial year, show NOK 172.3m in revenue and NOK −1.7m in operating profit.

Key figures · 2024

Revenue
NOK 172.3m
Operating profit
NOK −1.7m
Equity
NOK 23.6m
Est. value
NOK 77.3m

Financial health · 2024

Liquidity
0.93
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
15.8%
Satisfactory
Equity as a share of total capital

Who owns ELEMENT NOR AS?

BINN AS
ELEMENT NOR AS
NOK 172.3m rev. · NOK −1.7m profit

ELEMENT NOR AS has 2 registered shareholders:

All shareholders and roles →

Frequently asked questions about ELEMENT NOR AS

Who owns ELEMENT NOR AS?

BINN AS is the largest registered owner, with 50.0%.

What is the revenue of ELEMENT NOR AS?

ELEMENT NOR AS had revenue of NOK 172.3m in 2024.

Who is the general manager of ELEMENT NOR AS?

Michael Martin Helmecke is registered as general manager of ELEMENT NOR AS.

Where is ELEMENT NOR AS based?

ELEMENT NOR AS has its business address in Storsteinnes.

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

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