FOLKEKRAFT AS

Operating

Formidling og salg av energiløsninger og annet som naturlig faller sammen med dette.

Salg av elektrisitet og investering i aksjer innen det grønne skiftet.

Organization

Chairman of the board: GM
Geir Morten Folkestad1971
Years since formation: 4 years; since Oct 21, 2022
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 3,574,341; 1 share class
Total number of shareholders: 105; 10 companies, 95 persons
Belongs to group of

Financials

Annual total result 2025: -1,715,310; NOK

Last update: Oct 13, 2026

Management

Board

Name	Role	Shares
GM Geir Morten Folkestad 1971	Chairman	-
KG Krishan Galagoda Totland 1991 Resigned	Board Member	-

Others

Name	Role	Shares
C CREDO REVISJON AS	Auditor	-
E ECIT SERVICES AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MF Morten Folkestad Geir 1971	-	47.15 % directly 0.23 % indirectly 46.91 %
JA Johan Arntzen Arne 1934	-	7.56 % indirectly
AS Arve Savland Dag 1968	-	7.4 % indirectly
DS Drønen Sigve 1969	-	7.15 % indirectly
EB Erik Bugten Stein 1951	-	5.19 % directly 0.03 % indirectly 5.16 %
KP Kleve Per 1957	-	2.02 % indirectly
JS Jarle Sekkingstad Ingolf 1951	-	1.8 % indirectly
WS Walle Stein 1963	-	1.75 % indirectly
HF Holst Frode 1972	-	1.66 % indirectly
BE Birkeland Eivind 1986	-	1.52 % indirectly

Last update: Oct 21, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FOLKEKRAFT GROUP AS	Ordinary shares	3,312,949	92.69 %
W WAST AS	Ordinary shares	62,500	1.75 %
OM Olav Molde Terje 1944	Ordinary shares	40,819	1.14 %
A AS LEIF VOSS	Ordinary shares	13,854	0.39 %
BJ Bolus Johansen Paul 1961	Ordinary shares	10,000	0.28 %
RE Rashani Elbasan 1993	Ordinary shares	8,400	0.24 %
MF Morten Folkestad Geir 1971	Ordinary shares	8,380	0.23 %
BK Buskum Kjell 1945	Ordinary shares	8,333	0.23 %
MR Munthe-Kaas Ragnar 1961	Ordinary shares	6,000	0.17 %
N NOTIO AS	Ordinary shares	5,000	0.14 %
HK Hussain Khalid 1961	Ordinary shares	5,000	0.14 %
BS Brubakken Stian 1969	Ordinary shares	5,000	0.14 %
EL Erik Larsen Tor 1963	Ordinary shares	4,300	0.12 %
MV Monrad Vigerstøl-Olsen Premil 1976	Ordinary shares	4,250	0.12 %
WS Westhof Simon 1989	Ordinary shares	4,167	0.12 %
IS Inge Stusdal Matre Stian 1977	Ordinary shares	4,167	0.12 %
H HINDKLEV KAPITALFORVALTNING AS	Ordinary shares	4,167	0.12 %
SS Sverre Salomonsen Bjørn 1951	Ordinary shares	4,100	0.11 %
M MIMIR ANALYSE OG RÅDGIVNING AS	Ordinary shares	4,095	0.11 %
SG Sogndalen Gunnar 1951	Ordinary shares	4,000	0.11 %
UB Uno Blørstad Per 1964	Ordinary shares	2,571	0.07 %
DS Drøyvollsmo Sissel 1973	Ordinary shares	2,500	0.07 %
HH Husby Halseth Yvonne 1973	Ordinary shares	2,500	0.07 %
ST Storøy Tennebø Hogne 1981	Ordinary shares	2,000	0.06 %
CM Coll Mossige Dag 1992	Ordinary shares	1,833	0.05 %
MK Magne Klingen Thor 1986	Ordinary shares	1,666	0.05 %
MR Magne Røvik Vihals Geir 1997	Ordinary shares	1,650	0.05 %
JR Johannes Ringstad Sverre 1972	Ordinary shares	1,400	0.04 %
PJ Pivac Jasmin 1969	Ordinary shares	1,350	0.04 %
RK Rød Knut 1964	Ordinary shares	1,200	0.03 %
EB Erik Bugten Stein 1951	Ordinary shares	1,166	0.03 %
MT Mikal Totland Sverre 1972	Ordinary shares	1,100	0.03 %
MD Mahmud Diriye Hibaq 1986	Ordinary shares	1,000	0.03 %
VT Villåsen Tom 1961	Ordinary shares	1,000	0.03 %
MR Magnor Rolfsen Perry 1940	Ordinary shares	1,000	0.03 %
KS Kiran Soliya Prabhat 1981	Ordinary shares	1,000	0.03 %
JL Jarl Lind Åge 1959	Ordinary shares	1,000	0.03 %
DØ Dahl Ørjan 2000	Ordinary shares	1,000	0.03 %
TØ Todal Øystein 1973	Ordinary shares	1,000	0.03 %
S SOLIYA HOLDING AS	Ordinary shares	1,000	0.03 %
HG Harriet Gretland Karin 1951	Ordinary shares	1,000	0.03 %
US Urban Skoog Anders 1969	Ordinary shares	1,000	0.03 %
T TIWALY AS	Ordinary shares	1,000	0.03 %
JO Johan Offerdal Gerhard 1945	Ordinary shares	1,000	0.03 %
LM Lund Morten 1985	Ordinary shares	941	0.03 %
CR Cailao Reyna Ibarra 1964	Ordinary shares	883	0.02 %
HS Horn Sætre Aleksander 1983	Ordinary shares	834	0.02 %
D DR. STEFAN RANDJELOVIC AS	Ordinary shares	833	0.02 %
HM Holm Morten 1952	Ordinary shares	833	0.02 %
CM Campo Martin 1996	Ordinary shares	833	0.02 %
MM Møen Mellemstrand Magne 1991	Ordinary shares	833	0.02 %
WA Wilhelmsen Andre 1979	Ordinary shares	800	0.02 %
ÅR Årbogen Rune 1969	Ordinary shares	800	0.02 %
BA Balsnes Adrian 1995	Ordinary shares	800	0.02 %
BH Betzeamlak Habte Mekkati 1982	Ordinary shares	700	0.02 %
AI Asbjørn Ingerø Roger 1953	Ordinary shares	613	0.02 %
HB Hermann Blix Karl 1945	Ordinary shares	600	0.02 %
MM Martin Mannes Karl 1982	Ordinary shares	500	< 0.01 %
GS Gullbrekken Seglem Morten 1987	Ordinary shares	500	< 0.01 %
ML Magnus Lindi 1965	Ordinary shares	500	< 0.01 %
PJ Peter Jackson-Håvardstein Anthony 1968	Ordinary shares	500	< 0.01 %
HH Håkon Hansen Knut 1957	Ordinary shares	500	< 0.01 %
CG Camilla Gamst Pedersen Janita 1980	Ordinary shares	500	< 0.01 %
ET Erik Trollerud Jørn 1956	Ordinary shares	500	< 0.01 %
PV Pavlovas Vitalijus 1976	Ordinary shares	420	< 0.01 %
IM Isaksen Morten 1980	Ordinary shares	420	< 0.01 %
EI Engdal Ingrid 1959	Ordinary shares	417	< 0.01 %
KT Kristiansen Tom 1971	Ordinary shares	400	< 0.01 %
LA Lundin Aae Jorunn 1966	Ordinary shares	400	< 0.01 %
OD Oscar Drønnen Rolf 1947	Ordinary shares	400	< 0.01 %
EB Eirik Børcke Mats 1977	Ordinary shares	400	< 0.01 %
HR Holten Randi 1968	Ordinary shares	400	< 0.01 %
OT Olsen Thomas 1976	Ordinary shares	400	< 0.01 %
SG Skogstrand Gjerden Knut 1985	Ordinary shares	300	< 0.01 %
AL Andersen Lena 1970	Ordinary shares	300	< 0.01 %
IT Iversen Torbjørn 1983	Ordinary shares	300	< 0.01 %
KH Krogdal Harald 1961	Ordinary shares	250	< 0.01 %
MS Montecillo Sabarre Adelyn 1975	Ordinary shares	208	< 0.01 %
PA Paulsen Allan 1968	Ordinary shares	200	< 0.01 %
NS Nystad Stokvik Niklas 1996	Ordinary shares	200	< 0.01 %
SV Strand Vestjordet Anders 1979	Ordinary shares	200	< 0.01 %
RS Randjelovic Stefan 1989	Ordinary shares	167	< 0.01 %
IT Isaksen Terje 1963	Ordinary shares	150	< 0.01 %
AV Anne Vegstein Margit 1968	Ordinary shares	150	< 0.01 %
BK Burmeister Kristin 1959	Ordinary shares	150	< 0.01 %
HS Henry Storødegård Sverre 1941	Ordinary shares	100	< 0.01 %
HN Helen Nygård Line 1975	Ordinary shares	100	< 0.01 %
SM Sunde Marita 1986	Ordinary shares	100	< 0.01 %
GB Gutkin Bernstein Kim 1986	Ordinary shares	100	< 0.01 %
HK Hansen Kim-Erlend 1992	Ordinary shares	100	< 0.01 %
TT Tony Thanh Le Tuan 1980	Ordinary shares	100	< 0.01 %
RA Ryde Andreas 1996	Ordinary shares	100	< 0.01 %
SA Strand Arild 1947	Ordinary shares	100	< 0.01 %
LJ Liubovi Johansen Sofie 1986	Ordinary shares	100	< 0.01 %
PI Peter Indreeide Aslak 1976	Ordinary shares	100	< 0.01 %
E ECCELODIUS AS	Ordinary shares	100	< 0.01 %
SJ Steenslid Jim 1982	Ordinary shares	100	< 0.01 %
TT Tveito Thomas 1997	Ordinary shares	100	< 0.01 %
BJ Bentzen Jarle 1956	Ordinary shares	100	< 0.01 %
AS Arne Solberg Roy 1980	Ordinary shares	84	< 0.01 %

Shares owned by the FOLKEKRAFT AS

Name	Share class	Total number of shares	Share
F FOLKEKRAFT.NO AS Closed	Ordinary shares	3,000	100 %

Last update: Sep 25, 2026

Group structure

FOLKEKRAFT GROUP AS
Total operating income 2025: NOK 364,573
Operating profit 2025: NOK -2,066,035
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022
Total operating income	0	0	80,000	0
Annual Total Result	-1,715,310	-1,993,297	-12,773,669	-871,141
Total assets	0	13,519,927	13,806,547	17,656,706
Total liabilities	0	3,032,934	6,850,729	18,497,847
Total equity	0	10,486,993	6,955,818	-841,141

P&L

Year	2025	2024	2023	2022
Total operating income	0	0	80,000	0
Total operating costs	1,268,145	1,959,008	7,884,546	864,891
Operating result	-1,268,145	-1,959,008	-7,804,546	-864,891
Financial income/costs	-447,165	-34,289	-4,969,123	-6,250
Profit before tax	-1,715,310	-1,993,297	-12,773,669	-871,141
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-1,715,310	-1,993,297	-12,773,669	-871,141

Balance overview

Year	2024	2023	2022
Total fixed assets	78,000	92,000	17,582,552
Total current assets	13,441,927	13,714,547	74,154
Total assets	13,519,927	13,806,547	17,656,706
Short term debt	3,032,934	6,850,729	18,497,847
Long term debt	0	0	0
Total liabilities	3,032,934	6,850,729	18,497,847
Contributed capital	10,486,993	6,955,818	30,000
Retained earnings	0	0	-871,141
Total equity	10,486,993	6,955,818	-841,141
Total equity and liabilities	13,519,927	13,806,547	17,656,706

Classification

21st company classification

BETA

Small company

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

FOLKEKRAFT AS830 068 112

FOLKEKRAFT AS

Organization

Ownership

Financials

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the FOLKEKRAFT AS

Group structure

Financials

Summary

P&L

Balance overview

Classification