Organization
- CEO
- AV
Alf Vee Midtun1965
- Chairman of the board
- HC
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 9
Ownership
- Number of shares and share classes
- 50
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 100,147,580
- NOK
- Annual total result 2024
- 3,881,030
- NOK
- Total equity 2024
- 47,315,080
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AV 1965 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AS 1988 | Board Member | - |
GÅ | Observer | - |
HC | Chairman | - |
JP 1960 | Deputy Chair | - |
LE 1991 | Board Member | - |
JM 1968 | Board Member | - |
HS | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 15, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 100 % |
Shares owned by the RAUMA ENERGI AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 150 | 33.33 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 1112
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 100,147,580 | 131,364,185 | 152,335,459 | 114,303,478 |
Annual Total Result | 3,881,030 | 3,749,137 | -5,813,926 | 551,058 |
Total assets | 103,907,621 | 117,335,901 | 144,877,354 | 117,660,096 |
Total liabilities | 56,592,542 | 72,158,639 | 102,449,230 | 18,161,431 |
Total equity | 47,315,080 | 45,177,262 | 42,428,125 | 44,491,993 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 100,147,580 | 131,364,185 | 152,335,459 | 114,303,478 |
Total operating costs | 94,978,859 | 126,378,914 | 152,493,440 | 112,231,864 |
Operating result | 5,168,721 | 4,985,272 | -157,981 | 2,071,614 |
Financial income/costs | -180,598 | -171,875 | -7,289,583 | -1,353,146 |
Profit before tax | 4,988,124 | 4,813,397 | -7,447,564 | 718,468 |
Total tax & extraordinary income/cost | 1,107,094 | 1,064,260 | -1,633,638 | 167,410 |
Annual Total Result | 3,881,030 | 3,749,137 | -5,813,926 | 551,058 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 63,652,138 | 68,208,642 | 67,090,815 | 62,136,385 |
Total current assets | 40,255,483 | 49,127,259 | 77,786,540 | 55,523,711 |
Total assets | 103,907,621 | 117,335,901 | 144,877,354 | 117,660,096 |
Short term debt | 18,340,716 | 33,206,258 | 63,164,778 | 33,179,915 |
Long term debt | 38,251,826 | 38,952,381 | 39,284,452 | 39,988,188 |
Total liabilities | 56,592,542 | 72,158,639 | 102,449,230 | 18,161,431 |
Contributed capital | 10,815,729 | 8,739,420 | 8,739,420 | 4,989,363 |
Retained earnings | 36,499,351 | 36,437,842 | 33,688,705 | 39,502,630 |
Total equity | 47,315,080 | 45,177,262 | 42,428,125 | 44,491,993 |
Total equity and liabilities | 103,907,621 | 117,335,901 | 144,877,354 | 117,660,096 |
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