Elnec

Device programmers and programming adapters for NAND flash, microcontrollers and other chips, sold to electronics makers

Prešov, SlovakiaFounded 1992elnec.comWebsite technologies

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Highlights

  • ProfitableFY2025 net profit €222k · RÚZ
  • New on EvolcAdded 2026-10-21

About Elnec

Elnec develops and manufactures universal and production device programmers, programming adapters, AP1 and AP3 programming modules, and the software that runs them. The programmers support devices in socket programming and in-system programming (ISP) on circuit boards. All programmers share the same software and algorithms, and the company provides free software updates with new device support.

Its customers include electronics manufacturers, programming centres, developers, small manufacturers and universities. Products are sold through authorised distributors in more than 40 countries, and some are sold under ODM names in the UK, USA and Japan. Programmers are also listed in catalogues of distributors such as Distrelec, Farnell, RS Components and TME.

Elnec was founded in 1992, and its company history dates its beginnings to 1991. Its headquarters and manufacturing facility are in Prešov, Slovakia, where development, production, testing and burn-in are carried out in-house. Universal and production programmers carry a 3-year warranty, and technical support is offered with next-working-day response.

Product: Universal and production device programmers, programming adapters, AP1/AP3 programming modules and programming software.

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€3.5M€3.5M€4.2M€4.8M€4.6M
Growth+1%−17%−12%+5%—
EBITDA€491k€537k€1.1M€1.6M€1.5M
Operating profit€387k€442k€975k€1.6M€1.5M
Net profit€222k€572k€801k€1.4M€1.6M
Net margin6.3%16.3%19%28.6%36%
Personnel costs€2.1M€2.0M€2.0M€1.9M€1.8M
Total assets€8.1M€8.2M€8.3M€8.4M€14.1M
Cash€3.5M€3.6M€3.1M€3.3M€9.5M
Liabilities€308k€289k€332k€312k€591k
Equity€7.8M€8.0M€7.9M€8.0M€13.5M

As filed with RÚZ (Slovak register of financial statements). Each year links to its statement.

Public contracts

Contracts Elnec signed since 1 Nov 2024, from the Slovak and Czech public contract registers. Values as published; amendments are not counted.

Customers

1 contract with 1 buyer · —

ContractsValue
Slovenská agentúra pre rozvoj investícií a obchodu (SARIO)1—

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Latest contracts

  • 19 Mar 2025 for Slovenská agentúra pre rozvoj investícií a obchodu (SARIO) · Zmluva o poskytnutí pomoci prostredníctvom vouchera register

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