ECONNECT ENERGY AS
Keywords
researchdevelopment worknatural sciencesengineeringtechnologymedicineagricultureinterdisciplinary research
Organization
- CEO
- Chairman of the board
- DH
Dag Hylin1958
- Years since formation
- 12 years
- since Oct 17, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 34
Ownership
- Number of shares and share classes
- 5,982,287
- 1 share class
- Total number of shareholders
- 28
- 12 companies, 16 persons
Financials
- Total operating income 2023
- 542,778,289
- NOK
- Annual total result 2023
- 115,678,490
- NOK
- Total equity 2023
- 93,114,531
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 13.33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
DH 1958 | Chairman | 2.97 % indirectly |
GH | Board Member | - |
PH 1952 | Board Member | - |
TH | Board Member | 1.43 % directly 0.02 % indirectly 1.41 % |
KS | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 13.33 % indirectly | |
ME 1987 | - | 13.33 % indirectly |
| - | 12.54 % indirectly | |
DM | - | 12.21 % indirectly |
SM | - | 12.21 % indirectly |
DH 1958 | Chairman | 2.97 % indirectly |
KM | - | 1.47 % directly |
TH | Board Member | 1.43 % directly 0.02 % indirectly 1.41 % |
LC | - | 1.41 % indirectly |
Last update: Aug 12, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 927,745 | 15.51 % | |
| Ordinary shares | 797,450 | 13.33 % | |
| Ordinary shares | 797,230 | 13.33 % | |
| Ordinary shares | 750,353 | 12.54 % | |
| Ordinary shares | 730,645 | 12.21 % | |
| Ordinary shares | 730,374 | 12.21 % | |
| Ordinary shares | 607,257 | 10.15 % | |
| Ordinary shares | 176,223 | 2.95 % | |
| Ordinary shares | 163,124 | 2.73 % | |
KM | Ordinary shares | 87,854 | 1.47 % |
| Ordinary shares | 29,412 | 0.49 % | |
| Ordinary shares | 29,412 | 0.49 % | |
AI | Ordinary shares | 29,412 | 0.49 % |
JH | Ordinary shares | 17,648 | 0.3 % |
MS 1985 | Ordinary shares | 15,228 | 0.25 % |
JA | Ordinary shares | 11,766 | 0.2 % |
| Ordinary shares | 11,698 | 0.2 % | |
| Ordinary shares | 10,612 | 0.18 % | |
| Ordinary shares | 10,612 | 0.18 % | |
JY 1984 | Ordinary shares | 10,612 | 0.18 % |
AD | Ordinary shares | 9,804 | 0.16 % |
JD | Ordinary shares | 9,804 | 0.16 % |
| Ordinary shares | 9,804 | 0.16 % | |
EL 1984 | Ordinary shares | 6,064 | 0.1 % |
TH | Ordinary shares | 1,086 | 0.02 % |
KS | Ordinary shares | 815 | < 0.01 % |
KK | Ordinary shares | 135 | < 0.01 % |
| Ordinary shares | 108 | < 0.01 % |
Shares owned by the ECONNECT ENERGY AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50,000 | 40.43 % | |
| Ordinary shares | 10,612 | 0.18 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 542,778,289 | 215,388,715 | 20,649,741 |
Annual Total Result | 115,678,490 | 28,801,612 | -1,473,213 |
Total assets | 675,185,760 | 293,900,366 | 69,571,645 |
Total liabilities | 582,071,229 | 262,248,349 | 56,531,710 |
Total equity | 93,114,531 | 31,652,017 | 13,039,935 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 542,778,289 | 215,388,715 | 20,649,741 |
Total operating costs | 400,733,672 | 181,457,967 | 22,291,075 |
Operating result | 142,044,618 | 33,930,748 | -1,641,334 |
Financial income/costs | 6,392,634 | 3,020,958 | -237,837 |
Profit before tax | 148,437,252 | 36,951,706 | -1,879,172 |
Total tax & extraordinary income/cost | 32,758,762 | 8,150,094 | -405,959 |
Annual Total Result | 115,678,490 | 28,801,612 | -1,473,213 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 30,274,141 | 14,793,284 | 14,492,639 |
Total current assets | 644,911,619 | 279,107,082 | 55,079,006 |
Total assets | 675,185,760 | 293,900,366 | 69,571,645 |
Short term debt | 567,308,488 | 238,296,619 | 38,976,219 |
Long term debt | 14,762,741 | 23,951,730 | 17,555,490 |
Total liabilities | 582,071,229 | 262,248,349 | 56,531,710 |
Contributed capital | 8,160,999 | 7,376,975 | 7,377,293 |
Retained earnings | 84,953,533 | 24,275,042 | 5,662,643 |
Total equity | 93,114,531 | 31,652,017 | 13,039,935 |
Total equity and liabilities | 675,185,760 | 293,900,366 | 69,571,645 |
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
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
72
Activity
Scientific research and development
72.1
Main industrial group
Research and experimental development on natural sciences and engineering
72.19
Industrial group
Other research and experimental development on natural sciences and engineering
72.190
Industrial group
Other research and experimental development on natural sciences and engineering