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S

SULDAL ELVERK AS921 996 829

Energy production
Limited company
Lønningsåsen 2 5417 STORD, Norge
Power supply
/ Energy production
/ 35.111 Production of electricity through water power

SULDAL ELVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO
HM

Hege Myhre Willemsen Økland1975

Chairman of the board
KH

Kjetil Harestad1965

Years since formation
6 years
since Jan 25, 2019
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

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

Financials

Total operating income 2024
9,173,288
NOK
Annual total result 2024
5,024,795
NOK
Total equity 2024
100,586,469
NOK
Last update: May 15, 2025

Management

Management / administration

NameRoleShares
HM

Hege Myhre Willemsen Økland

1975

Managing Director/CEO-

Board

NameRoleShares
KH

Kjetil Harestad

1965

Chairman-
JM

John Martin Mjånes

1975

Alternate Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
SUNNHORDLAND KRAFTLAG AS
Ordinary shares
1,000
100 %

Shares owned by the SULDAL ELVERK AS

NameShare classTotal number of sharesShare
Ø
ØKSTRA KRAFT AS
Ordinary shares
4,600
100 %
S
STEINE KRAFT AS
Ordinary shares
1,364
70.02 %
Last update: Jun 2, 2025

Group structure

  • HAUGALAND KRAFT AS
    Total operating income 2023: NOK 195,337,000
    Operating profit 2023: NOK -13,686,000
    Employees: 109

Financials

in NOK

Summary

Year2024202320222021
Total operating income
9,173,288
9,787,605
21,989,492
8,520,342
Annual Total Result
5,024,795
7,041,957
14,748,051
4,664,080
Total assets
103,886,996
98,536,359
109,876,335
94,794,335
Total liabilities
3,300,527
2,974,683
21,356,616
1,022,668
Total equity
100,586,469
95,561,676
88,519,719
93,771,668

P&L

Year2024202320222021
Total operating income
9,173,288
9,787,605
21,989,492
8,520,342
Total operating costs
3,217,720
2,349,356
3,259,862
2,540,753
Operating result
5,955,568
7,438,249
18,729,629
5,979,589
Financial income/costs
382,151
1,358,977
139,815
0
Profit before tax
6,337,719
8,797,226
18,869,444
5,979,589
Total tax & extraordinary income/cost
1,312,924
1,755,269
4,121,393
1,315,509
Annual Total Result
5,024,795
7,041,957
14,748,051
4,664,080

Balance overview

Year2024202320222021
Total fixed assets
86,538,469
78,927,252
78,419,106
81,130,868
Total current assets
17,348,527
19,609,107
31,457,230
13,663,467
Total assets
103,886,996
98,536,359
109,876,335
94,794,335
Short term debt
3,300,527
2,974,683
21,356,616
1,022,668
Long term debt
0
0
0
0
Total liabilities
3,300,527
2,974,683
21,356,616
1,022,668
Contributed capital
368,250
368,250
368,250
368,250
Retained earnings
100,218,219
95,193,426
88,151,469
93,403,418
Total equity
100,586,469
95,561,676
88,519,719
93,771,668
Total equity and liabilities
103,886,996
98,536,359
109,876,335
94,794,335

Classification

Category
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