ØSTERDALEN KRAFTPRODUKSJON AS • 980343235 • Tynset • Electricity, gas, steam and air conditioning supply

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/ Energy production

/ 35.111 Production of electricity through water power

ØSTERDALEN KRAFTPRODUKSJON AS

Keywords

generationelectricityhydroturbines

Organization

CEO: TL
Torgeir Leet Halvorsen1979
Chairman of the board: EE
Erik Engan1965
Years since formation: 27 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 2024: 109,537,933; NOK
Annual total result 2024: 33,493,293; NOK
Total equity 2024: 295,151,203; NOK

Last update: May 28, 2025

Management

Management / administration

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

Board

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

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A ACCOUNTOR AS	Accountant	-

Last update: Aug 22, 2024

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 %

Shares owned by the ØSTERDALEN KRAFTPRODUKSJON AS

Name	Share class	Total number of shares	Share
N NORSKE SKOGINDUSTRIER ASA	NO0004135633	700	< 0.01 %

Last update: Jun 2, 2025

Group structure

ELVERUM KOMMUNE
Total operating income -: NOK
Operating profit -: NOK
Employees: 2979

Financials

in NOK

Summary

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

P&L

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

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	295,540,009	280,692,634	289,179,500	300,094,534
Total current assets	93,068,345	138,260,999	355,113,404	54,199,698
Total assets	388,608,354	418,953,633	644,292,904	354,294,232
Short term debt	77,113,025	116,025,193	302,475,712	118,998,684
Long term debt	16,344,126	16,270,530	77,243,126	77,658,460
Total liabilities	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
Retained earnings	169,273,400	160,780,107	138,696,263	31,759,284
Total equity	295,151,203	286,657,910	264,574,066	157,637,087
Total equity and liabilities	388,608,354	418,953,633	644,292,904	354,294,231

Classification

Category

/ Energy production

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

Standard industrial classification

D

Main industrial area

Electricity, gas, steam and air conditioning supply

35

Activity

Electricity, gas, steam and air conditioning supply

35.1

Main industrial group

Electric power generation, transmission and distribution

35.11

Industrial group

Production of electricity

35.111

Industrial group

Production of electricity through water power