2.80
+2.94%
Close of 9 Nov 2026, in NOK
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About Elliptic Laboratories A
Its shares trade on Oslo Børs under the ticker ELABS.OL. It has been listed since 16 October 2020. In the fiscal year to 31 December 2025, it reported revenue of NOK 101.3m and a net loss of NOK 138.2m. At that date it held total assets of NOK 221.7m and shareholders' equity of NOK 189.8m.
Elliptic Laboratories ASA engages in the development of applications from its patented AI platform, which combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gesture, proximity and presence sensing experiences. The company is headquartered in Oslo, Oslo. The company went IPO on 2020-10-16. The enterprise targets the smartphone, laptop, IoT, and automotive markets. The Company’s Artificial Intelligence (AI) software combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gesture and presence sensing experiences. Elliptic Laboratories ASA has offices in San Francisco, Oslo and Shanghai.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 16 Oct 2020
- Employees
- 64
- Website
- ellipticlabs.com ↗
Leadership
Pay as last reported
- Mr. Svenn-Tore LarsenIndependent Chairman of the BoardNOK 100,000
- Ms. Laila DanielsenPresident, Chief Executive Officer
- Mr. Lars HolmoyChief Financial Officer
- Mr. Mathias NorderudInterim Chief Financial Officer, Senior Finance Manager, since 2025
- Mr. Espen KlovningExecutive Vice President - Engineering
- Mr. Brian DalySenior Vice President - Sales & Business Development
- Ms. Aslaug TveiterasVice President - People
- Mr. Edvin AustboDirectorNOK 100,000
- Ms. Ingrid LeisnerIndependent Director
- Ms. Berit SvendsenIndependent DirectorNOK 100,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Elliptic Laboratories ASA's AI platform uses ultrasound and sensor-fusion for 3D gesture sensing in smartphones and IoT devices.
- The company has a presence in San Francisco, Oslo, and Shanghai with 64 employees.
- Elliptic Laboratories ASA targets smartphone, laptop, IoT, and automotive markets with its AI software.
Weaknesses
- The company's IPO was on 16 October 2020, which may indicate limited market history.
- Elliptic Laboratories ASA has only 64 employees, which could limit scalability.
- The company's focus on AI software may face competition in the Information Technology sector.
Opportunities
- Expanding into automotive markets with 3D gesture sensing technology could drive growth.
- Growing demand for IoT devices presents an opportunity for Elliptic's sensor-fusion algorithms.
- The smartphone market continues to adopt advanced gesture sensing features like those offered by Elliptic.
Threats
- Competition in the Information Technology sector could challenge Elliptic's market position.
- The company's reliance on AI software may face regulatory scrutiny in certain markets.
- Economic downturns might reduce spending on advanced sensor technologies in automotive and IoT sectors.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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