ANDRITZ HYDRO AS

Operating

Mekanisk verksted, reparasjoner, vedlikehold, ombygging og automatisering av vannkraftanlegg og annen industri, øvrig tilknyttet virksomhet, samt å eie aksjer og andeler i andre selskaper.

Keywords

productioninternal combustion piston enginesboat engineslocomotive enginespistonspiston ringscarburetorsdiesel enginesintake valvesexhaust valvesturbinessteam turbineshydraulic turbineswater wheelswindmillsgas turbinesturbogenerators

Organization

CEO: KT
Kjetil Toverud1965
Chairman of the board: HH
Harald Heber1961
Years since formation: 31 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 239

Ownership

Number of shares and share classes: 8,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 992,669,966; NOK
Annual total result 2025: 59,190,882; NOK
Total equity 2025: 175,009,579; NOK

Last update: Sep 14, 2026

Management

Management / administration

Name	Role	Shares
KT Kjetil Toverud 1965	Managing Director/CEO	-

Board

Name	Role	Shares
HH Harald Heber 1961	Chairman	-
RA Roland Austin Cuenod 1960	Board Member	-
GN Glenn Nordmarken 1998	Board Member	-
JI Jan Ingvar Peter Knutsson 1964	Board Member	-
EM Eirik Midtsundstad 1976	Alternate Member	-
NM Nils Magnus Edler 1970	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: May 25, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A ANDRITZ HYDRO GMBH	Ordinary shares	8,000	100 %

Last update: Jun 2, 2025

Group structure

ANDRITZ HYDRO GMBH
Total operating income -: NOK
Operating profit -: NOK
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	992,669,966	860,316,616	748,251,090	769,379,909	656,822,389
Annual Total Result	59,190,882	40,760,033	25,411,183	6,428,231	19,563,953
Total assets	611,585,768	571,835,420	527,662,797	563,631,037	508,355,010
Total liabilities	436,576,189	411,160,325	368,977,036	430,866,623	400,061,882
Total equity	175,009,579	160,675,095	158,685,762	132,764,413	108,293,128

P&L

Year	2025	2024	2023	2022	2021
Total operating income	992,669,966	860,316,616	748,251,090	769,379,909	656,822,389
Total operating costs	918,476,922	814,458,681	714,736,026	772,509,210	629,265,365
Operating result	74,193,044	45,857,936	33,515,064	-3,129,301	27,557,024
Financial income/costs	1,760,617	818,545	-872,836	617,017	-2,449,093
Profit before tax	75,953,661	46,676,481	32,642,228	-2,512,284	25,107,931
Total tax & extraordinary income/cost	16,762,779	5,916,448	7,231,045	-8,940,515	5,543,978
Annual Total Result	59,190,882	40,760,033	25,411,183	6,428,231	19,563,953

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	59,503,747	51,842,947	87,967,085	85,893,630	59,456,865
Total current assets	552,082,021	519,992,473	439,695,712	477,737,407	448,898,145
Total assets	611,585,768	571,835,420	527,662,797	563,631,037	508,355,010
Short term debt	373,539,949	348,358,199	265,192,289	330,599,518	333,220,725
Long term debt	63,036,240	62,802,126	103,784,747	100,267,105	66,841,157
Total liabilities	436,576,189	411,160,325	368,977,036	430,866,623	400,061,882
Contributed capital	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000
Retained earnings	167,009,579	152,675,095	150,685,762	124,764,413	100,293,128
Total equity	175,009,579	160,675,095	158,685,762	132,764,413	108,293,128
Total equity and liabilities	611,585,768	571,835,420	527,662,798	563,631,036	508,355,010

Classification

21st company classification

BETA

Industrial large enterprise

ANDRITZ HYDRO AS952 784 536

ANDRITZ HYDRO AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Group structure

Financials

Summary

P&L

Balance overview

Classification