ØSTERDALEN KRAFTPRODUKSJON AS

Operating

Bygge, vedlikeholde og forestå drift av anlegg for produksjon av energi, samt sørge for varig lønnsom avsetning av krafttilgangen gjennom konkurransedyktige produkter og priser. Selskapet kan delta i andre selskap med samme formål. Selskapets kompetanse skal også kunne utnyttes i annen naturlig nærliggende virksomhet.

Organization

CEO: TL
Torgeir Leet Halvorsen1979
Chairman of the board: EE
Erik Engan1965
Years since formation: 28 years; since Dec 9, 1998
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 12,000; 2 share classes
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2025: 163,173,333; NOK
Annual total result 2025: 54,284,119; NOK
Total equity 2025: 309,435,322; NOK

Last update: Jun 15, 2026

Management

Management / administration

Name	Role	Shares
TL Torgeir Leet Halvorsen 1979	Managing Director/CEO	-

Board

Name	Role	Shares
EE Erik Engan 1965	Chairman	-
KI Knut Ivar Nyhaug 1965	Board Member	-
IM Ivar Muller Often 1965	Board Member	-
EA Ellen Anne Vassmo Kjenstadbakk 1970	Board Member	-
BB Bjørg Brestad 1965	Board Member	-
SL Siri Lutnæs Enget 1969	Board Member	-

Others

Name	Role	Shares
T TELL NORGE AS	Auditor	-
A APRI AS	Accountant	-

Last update: Jan 21, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
E ELVERUM ENERGI AS	Class B shares	8,040	67 %
N NORD-ØSTERDAL KRAFTLAG SA	A-shares	3,960	33 %

Last update: Jun 2, 2025

Group structure

ELVERUM KOMMUNE
Total operating income -: NOK
Operating profit -: NOK
Employees: 2960

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	163,173,333	109,537,933	161,624,831	411,346,356	139,486,309
Annual Total Result	54,284,119	33,493,293	57,083,844	176,936,978	56,759,283
Total assets	458,695,579	388,608,354	418,953,633	644,292,904	354,294,232
Total liabilities	149,260,257	93,457,151	132,295,723	379,718,838	196,657,144
Total equity	309,435,322	295,151,203	286,657,910	264,574,066	157,637,087

P&L

Year	2025	2024	2023	2022	2021
Total operating income	163,173,333	109,537,933	161,624,831	411,346,356	139,486,309
Total operating costs	49,085,336	46,476,382	50,843,668	44,961,772	26,299,456
Operating result	114,087,997	63,061,550	110,781,163	366,384,583	113,186,853
Financial income/costs	3,975,670	5,129,398	7,950,988	3,447,295	-4,375,972
Profit before tax	118,063,667	68,190,948	118,732,151	369,831,878	108,810,881
Total tax & extraordinary income/cost	63,779,548	34,697,655	61,648,307	192,894,900	52,051,598
Annual Total Result	54,284,119	33,493,293	57,083,844	176,936,978	56,759,283

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	320,579,672	295,540,009	280,692,634	289,179,500	300,094,534
Total current assets	138,115,906	93,068,345	138,260,999	355,113,404	54,199,698
Total assets	458,695,579	388,608,354	418,953,633	644,292,904	354,294,232
Short term debt	121,100,062	77,113,025	116,025,193	302,475,712	118,998,684
Long term debt	28,160,195	16,344,126	16,270,530	77,243,126	77,658,460
Total liabilities	149,260,257	93,457,151	132,295,723	379,718,838	196,657,144
Contributed capital	125,877,803	125,877,803	125,877,803	125,877,803	125,877,803
Retained earnings	183,557,519	169,273,400	160,780,107	138,696,263	31,759,284
Total equity	309,435,322	295,151,203	286,657,910	264,574,066	157,637,087
Total equity and liabilities	458,695,579	388,608,354	418,953,633	644,292,904	354,294,231

Classification

21st company classification

BETA

Industrial large enterprise

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

1520

Public incorporated enterprises, owned by local government

ØSTERDALEN KRAFTPRODUKSJON AS980 343 235