BIZTRAC BETA
COMPANY REGISTER PROFILE
991756434 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Manufacture of concrete products for construction purposes

ELEMENT NOR AS

Org. no. 991756434 Limited company (AS) Balsfjord Incorporated 2007 Active
Ownership graph ↗
Revenue 2025 NOK 165.9m
Operating profit NOK −2.4m
Equity NOK 18.7m
Incorporated 2007
Employees 51
Share capital NOK 11.5m

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−2,4 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 51 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 2025 financial year, show NOK 165.9m in revenue and NOK −2.4m in operating profit.

Key figures · 2025

Revenue
NOK 165.9m
▼ −4 %
Operating profit
NOK −2.4m
▼ −41 %
Equity
NOK 18.7m
▼ −21 %
Est. value
NOK 98.9m

Financial health · 2025

Liquidity
0.84
Weak
Current assets ÷ current liabilities
Profitability
-1.5%
Not satisfactory
Return on total assets
Solidity
14.3%
Satisfactory
Equity as a share of total capital

Who owns ELEMENT NOR AS?

ELEMENT NOR AS
NOK 165.9m rev. · NOK −2.4m 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 165.9m in 2025.

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.

Property

Business address Lauraveien 2, 9050 Storsteinnes
Cadastral unit 5532-36/182/0/0

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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