FORTUM HEDGING AS
Organization
- CEO
- Chairman of the board
- MO
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 2,000,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 51,902,000
- NOK
- Annual total result 2024
- 57,128,000
- NOK
- Total equity 2024
- 653,382,000
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MO | Chairman | - |
FO 1972 | Board Member | - |
BM | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jan 10, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,000,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 341,062,000Operating profit 2024: NOK 67,000Employees: 5
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 51,902,000 | 34,553,000 | -20,896,000 | 22,058,000 |
Annual Total Result | 57,128,000 | 25,086,000 | -35,964,000 | 3,146,000 |
Total assets | 882,777,000 | 1,007,737,000 | 2,101,944,000 | 2,523,798,000 |
Total liabilities | 229,395,000 | 352,090,000 | 1,447,164,000 | 1,886,483,000 |
Total equity | 653,382,000 | 655,647,000 | 654,779,000 | 637,315,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 51,902,000 | 34,553,000 | -20,896,000 | 22,058,000 |
Total operating costs | 25,174,000 | 20,331,000 | 21,674,000 | 21,361,000 |
Operating result | 26,728,000 | 14,222,000 | -42,570,000 | 697,000 |
Financial income/costs | 30,715,000 | 10,907,000 | -6,859,000 | 3,020,000 |
Profit before tax | 57,443,000 | 25,130,000 | -49,429,000 | 3,717,000 |
Total tax & extraordinary income/cost | 315,000 | 44,000 | -13,465,000 | 571,000 |
Annual Total Result | 57,128,000 | 25,086,000 | -35,964,000 | 3,146,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,869,000 | 1,735,000 | 1,721,000 | 3,076,000 |
Total current assets | 879,908,000 | 1,006,002,000 | 2,100,223,000 | 2,520,722,000 |
Total assets | 882,777,000 | 1,007,737,000 | 2,101,944,000 | 2,523,798,000 |
Short term debt | 217,149,000 | 344,347,000 | 1,438,872,000 | 1,875,588,000 |
Long term debt | 12,246,000 | 7,742,000 | 8,292,000 | 10,895,000 |
Total liabilities | 229,395,000 | 352,090,000 | 1,447,164,000 | 1,886,483,000 |
Contributed capital | 474,449,000 | 474,449,000 | 474,449,000 | 57,469,000 |
Retained earnings | 178,933,000 | 181,198,000 | 180,330,000 | 579,846,000 |
Total equity | 653,382,000 | 655,647,000 | 654,779,000 | 637,315,000 |
Total equity and liabilities | 882,777,000 | 1,007,737,000 | 2,101,943,000 | 2,523,798,000 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises