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A

AREA NETT AS923 993 355

Energy distribution
Limited company
Storgata 5 9750 HONNINGSVÅG, Norge

AREA NETT AS

Keywords

operationthe distribution networkmain linesmastsmeterswiring networks

Links

Organization

Chairman of the board
Years since formation
6 years
since Dec 2, 2019
Type
Limited company
VAT registered
Yes
Number of employees
75

Ownership

Number of shares and share classes
30,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
86,545,088
NOK
Annual total result 2023
14,082,133
NOK
Total equity 2023
229,004,687
NOK
Last update: Dec 31, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-

Others

NameRoleShares
B
BDO AS
Auditor-
Last update: Feb 13, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
I
INFRANORD SA
Ordinary shares
30,000
100 %

Shares owned by the AREA NETT AS

NameShare classNumber of sharesShare
N
NETTALLIANSEN AS
Ordinary shares
1
2.04 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 35,090,819
    Operating profit 2023: NOK -9,241,421
    Employees: 12

Financials

in NOK

Summary

Year202320222021
Total operating income
86,545,088
79,997,206
72,235,561
Annual Total Result
14,082,133
12,185,270
6,467,849
Total assets
300,262,111
292,288,877
265,506,758
Total liabilities
71,257,424
77,366,323
64,617,384
Total equity
229,004,687
214,922,554
200,889,374

P&L

Year202320222021
Total operating income
86,545,088
79,997,206
72,235,561
Total operating costs
66,955,853
64,370,821
63,886,828
Operating result
19,589,235
15,626,385
8,348,733
Financial income/costs
-1,526,064
-3,001
-41,181
Profit before tax
18,063,171
15,623,384
8,307,552
Total tax & extraordinary income/cost
3,981,038
3,438,114
1,839,703
Annual Total Result
14,082,133
12,185,270
6,467,849

Balance overview

Year202320222021
Total fixed assets
271,647,918
251,283,428
235,558,740
Total current assets
28,614,193
41,005,450
29,948,018
Total assets
300,262,111
292,288,877
265,506,758
Short term debt
17,503,036
23,794,270
61,434,402
Long term debt
53,754,389
53,572,054
3,182,982
Total liabilities
71,257,424
77,366,323
64,617,384
Contributed capital
196,275,810
196,275,810
194,427,900
Retained earnings
32,728,876
18,646,744
6,461,473
Total equity
229,004,687
214,922,554
200,889,374
Total equity and liabilities
300,262,111
292,288,877
265,506,758

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
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
35.13
Industrial group
Distribution of electricity
35.130
Industrial group
Distribution of electricity