NORD ØSTERDAL KRAFTLAG ANDELSVERK AS • 981309103 • Tynset • Electricity, gas, steam and air conditioning supply

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/ Energy production

NORD ØSTERDAL KRAFTLAG ANDELSVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO: IM
Ivar Muller Often1965
Chairman of the board: IM
Ivar Muller Often1965
Years since formation: 25 years; since Dec 10, 1999
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 70,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 28,386,198; NOK
Annual total result 2023: 14,438,286; NOK
Total equity 2023: 76,190,874; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
IM Ivar Muller Often 1965	Managing Director/CEO	-

Board

Name	Role	Shares
IM Ivar Muller Often 1965	Chairman	-
BI Bjørn Ivar Harsjøen 1959	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
A ACCOUNTOR AS	Accountant	-

Last update: Sep 6, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NORD-ØSTERDAL KRAFTLAG SA	Ordinary shares	70,000	100 %

Shares owned by the NORD ØSTERDAL KRAFTLAG ANDELSVERK AS

Name	Share class	Number of shares	Share
N NORDISK REALKAPITAL AS	NO0010326697	6,377	0.28 %
A ATTIVO EIENDOMSINVEST AS	NO0010450299	523	0.18 %
G GAMLE BORGENVEI 20 INVEST AS	NO0010625023	2,611	0.17 %

Last update: May 24, 2024

Group structure

NORD-ØSTERDAL KRAFTLAG SA
Total operating income 2023: NOK 11,715
Operating profit 2023: NOK -6,132
Employees: 5

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	28,386,198	40,508,802	25,113,639
Annual Total Result	14,438,286	18,870,497	12,114,737
Total assets	102,066,092	119,703,609	104,181,050
Total liabilities	25,875,218	44,105,572	23,917,842
Total equity	76,190,874	75,598,037	80,263,207

P&L

Year	2023	2022	2021
Total operating income	28,386,198	40,508,802	25,113,639
Total operating costs	9,596,071	11,412,179	9,249,703
Operating result	18,790,128	29,096,623	15,863,936
Financial income/costs	2,312,607	-168,092	2,141,974
Profit before tax	21,102,734	28,928,531	18,005,909
Total tax & extraordinary income/cost	6,664,448	10,058,034	5,891,172
Annual Total Result	14,438,286	18,870,497	12,114,737

Balance overview

Year	2023	2022	2021
Total fixed assets	52,099,334	52,872,101	54,597,329
Total current assets	49,966,758	66,831,508	49,583,720
Total assets	102,066,092	119,703,609	104,181,050
Short term debt	25,875,218	44,105,572	23,917,842
Long term debt	0	0	0
Total liabilities	25,875,218	44,105,572	23,917,842
Contributed capital	70,000,000	70,000,000	70,000,000
Retained earnings	6,190,874	5,598,037	10,263,207
Total equity	76,190,874	75,598,037	80,263,207
Total equity and liabilities	102,066,092	119,703,609	104,181,050

Classification

Category

/ Energy production

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

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