Element Logic Mipco AS is a Norwegian AS based in Kløfta, operating in the Activities of trust, estate and agency accounts sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
| Revenue | 0M NOK | — |
| EBITDA | -16.1M NOK | +48% |
| Net profit | 10.4M NOK | +133% |
| Total assets | 81.8M NOK | +37% |
| Equity | -36.6M NOK | -112% |
| Employees | 0 | — |
In its most recent annual report (2025), Element Logic Mipco AS reported revenue of NOK 0. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 10.4m.
At the end of 2025, current assets covered short-term debt 0 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Staff expenses | -15,996 | -31,134 | -10,085 | -0 | -0 |
| EBITDA | -16,107 | -31,236 | -10,127 | -49 | -78 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -16,107 | -31,236 | -10,127 | -49 | -78 |
| Net financials | 26,529 | -16 | 0 | 0 | 0 |
| Profit before tax | 10,422 | -31,252 | -10,127 | -49 | -78 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 10,422 | -31,252 | -10,127 | -49 | -78 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 81,770 | 59,706 | 43,661 | 31,339 | 31,339 |
| Equity | -36,626 | -17,289 | 14,824 | 31,213 | 31,262 |
| Long-term debt | 8,304 | 7,365 | 6,409 | 0 | 0 |
| Short-term debt | 7,578 | 17 | 0 | 127 | 77 |
| Total debt | 15,882 | 7,381 | 6,409 | 127 | 77 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
DB Contact Person | Contact Person | 2021 – 2026 |
PA Contact Person | Contact Person | 2021 – 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
DB Chairman | Chairman | 2021 |
JO Board of Directors | Board of Directors | 2021 |
PA Chairman | Chairman | 2021 – 2021 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 10.23% | 10.23% | 2025 | |
| Company | 8.44% | 8.44% | 2025 | |
| Company | 7.67% | 7.67% | 2024 | |
| Company | 6.39% | 6.39% | 2024 | |
| Company | 5.11% | 5.11% | 2024 | |
Lars Thomas Karlsson | Company | 5.11% | 5.11% | 2025 |
Armin Manfred Gesslein | Company | 4.6% | 4.6% | 2025 |
| Company | 3.84% | 3.84% | 2024 | |
Nikolaj Langchedel Bjørn Eriksen | Company | 3.84% | 3.84% | 2025 |
| Company | 3.84% | 3.84% | 2024 | |
| Company | 3.2% | 3.2% | 2024 | |
| Individual | 3.2% | 3.2% | 2024 | |
Isabelle Dubois | Company | 2.56% | 2.56% | 2025 |
| Company | 2.56% | 2.56% | 2024 | |
Jeremy Clouston-Jones | Company | 2.56% | 2.56% | 2025 |
Michael Werner Kawalier | Company | 1.92% | 1.92% | 2025 |
Per Anders Bolin | Company | 1.92% | 1.92% | 2025 |
| Individual | 1.6% | 1.6% | 2024 | |
| Company | 1.53% | 1.53% | 2024 | |
Matteo Virginio Casagrande | Company | 1.28% | 1.28% | 2025 |
Johann Georg Braumüller | Company | 1.28% | 1.28% | 2025 |
| Company | 1.28% | 1.28% | 2025 | |
Jindrich Kaderávek | Company | 1.28% | 1.28% | 2025 |
Anna Wisniewska | Company | 1.28% | 1.28% | 2025 |
Veritas Pooling S.À R.L. | Company | 1.23% | 1.23% | 2025 |
Isabelle Dubois Bion | Company | 1.98% | 1.98% | 2021 |
Armin Manfred Gesslein | Company | 5.11% | 5.11% | 2024 |
Per Anders Bolin | Company | 1.92% | 1.92% | 2024 |
Lars Thomas Karlsson | Company | 5.11% | 5.11% | 2024 |
Thomas Karlsson | Company | 3.96% | 3.96% | 2021 |
Kim Michael Englund | Company | 1.28% | 1.28% | 2024 |
| Individual | 5.11% | 5.11% | 2024 | |
Michael Werner Kawalier | Company | 1.92% | 1.92% | 2024 |
Anders Bohlin | Company | 1.49% | 1.49% | 2021 |
Armin Gesslein | Company | 3.96% | 3.96% | 2021 |
| Individual | 2.48% | 2.48% | 2021 | |
Nikolaj Bjørn Eriksen | Company | 2.97% | 2.97% | 2021 |
Michael Kawalier | Company | 1.49% | 1.49% | 2021 |
| Company | 29.47% | 29.47% | 2021 | |
Nikolaj Langchedel Bjørn Eriksen | Company | 3.84% | 3.84% | 2024 |
Isabelle Dubois | Company | 2.56% | 2.56% | 2024 |
Jeremy Clouston-Jones | Company | 2.56% | 2.56% | 2024 |
Robert Pauls | Company | 1.28% | 1.28% | 2024 |
| Person | Role here | Other companies |
|---|---|---|
| Dag-Adler Blakseth | Contact Person | 28 companiesMany roles |
| Jo Olav Lunder | Board of Directors | 11 companiesMany roles |
| Per Andre Dagslet | Contact Person | 3 companies |