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KVITVELLA ELECTRISITETSVERK AS

KVITVELLA ELECTRISITETSVERK AS997 434 072

Energy production
Limited company
Spikarmoen 16 2900 FAGERNES, Norge

KVITVELLA ELECTRISITETSVERK AS

Valdres Energi - alltid til stede
Valdres Energi er et moderne energikonsern i vakre Valdres. Konsernet leverer samfunnskritisk infrastruktur som strøm og fiber, og har gjennom det et betydelig samfunnsansvar.

Keywords

generationelectricityhydroturbines

Links

Organization

Chairman of the board
Years since formation
14 years
since Oct 15, 2011
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
16,751
1 share class
Total number of shareholders
4
2 companies, 2 persons
Belongs to group of

Financials

Total operating income 2023
3,274,890
NOK
Annual total result 2023
151,571
NOK
Total equity 2023
17,494,573
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Deputy Chair-
Board Member-
Alternate Member-
Alternate Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
Last update: Jul 4, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
V
VALDRES ENERGI AS
Ordinary shares
9,930
59.28 %
N
NORD-AURDAL KOMMUNE
Ordinary shares
6,776
40.45 %
Ordinary shares
30
0.18 %
Ordinary shares
15
0.09 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 12,888,000
    Operating profit 2023: NOK -5,745,000
    Employees: 9

Financials

in NOK

Summary

Year202320222021
Total operating income
3,274,890
6,941,148
2,772,545
Annual Total Result
151,571
9,849,683
4,602,718
Total assets
31,905,778
35,324,501
25,636,739
Total liabilities
14,411,205
17,981,499
18,143,419
Total equity
17,494,573
17,343,002
7,493,320

P&L

Year202320222021
Total operating income
3,274,890
6,941,148
2,772,545
Total operating costs
2,536,280
-3,611,179
-2,341,329
Operating result
738,610
10,552,327
5,113,874
Financial income/costs
-544,288
-545,823
-511,156
Profit before tax
194,322
10,006,505
4,602,718
Total tax & extraordinary income/cost
42,751
156,822
0
Annual Total Result
151,571
9,849,683
4,602,718

Balance overview

Year202320222021
Total fixed assets
27,458,611
27,904,528
22,949,728
Total current assets
4,447,167
7,419,973
2,687,010
Total assets
31,905,778
35,324,501
25,636,739
Short term debt
811,632
1,324,677
1,043,419
Long term debt
13,599,573
16,656,822
17,100,000
Total liabilities
14,411,205
17,981,499
18,143,419
Contributed capital
16,751,000
16,751,000
16,751,000
Retained earnings
743,573
592,002
-9,257,680
Total equity
17,494,573
17,343,002
7,493,320
Total equity and liabilities
31,905,778
35,324,501
25,636,739

Classification

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