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ELVEGATA AS

950838469AksjeselskapMVA
Municipality
PORSGRUNN
Founded
12.08.1988
Roles
3
Company details
Business address
Elvegata 18, 3919 PORSGRUNN
Municipality
Porsgrunn
Sector
Private aksjeselskaper mv.
Share capital
156 000 kr(78 shares)
Registered
19.02.1995
Purpose
Eiendomsutvikling, herunder kjøp og salg av eiendom, drift og utleie av forretningseiendom og hva som står i naturlig forbindelse med dette.
Board and management
Espen Strøm
Daglig lederStyremedlem
Sondre Hartveit
Styrets leder

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Financials2025
Revenue
668k
Operating result
215k
Net result
36k
Assets
5.4 mill
Equity
362k
Debt
5.0 mill
YearRevenueOperating resultNet resultAssets
2025668k215k36k5.4 mill
2024969k429k59k5.6 mill
Financial health check
Equity ratio
Weak
Current ratio
Very good
Profitability
Weak
Income statement and balance sheet
20252024
Income statement
Revenue668k969k
Operating costs453k539k
= Operating result215k429k
Net finance-168k-353k
= Net result36k59k
Balance sheet
Fixed assets1.7 mill1.7 mill
Current assets3.7 mill3.8 mill
= Total assets5.4 mill5.6 mill
Equity362k326k
Long-term debt4.9 mill5.1 mill
Short-term debt133k130k
= Total debt5.0 mill5.3 mill

Source: Brønnøysund Register Centre

Key Ratios
20252024Industry (median)
Operating margin
32.2%44.3%45.5%
Net margin
5.4%6.1%—
Return on assets
0.9%1.4%3.0%
Return on equity
10.0%18.2%—
Equity ratio
6.7%5.9%31.3%
Current ratio
27.4629.601.61
Debt-to-equity
13.8316.091.59

Based on 15652 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

Financial development

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