HYDRO RENEWABLES HOLDING AS
Organization
- CEO
- RB
Rune Bruøygard1977
- Chairman of the board
- KE
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 2,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 125,566,000
- NOK
- Annual total result 2024
- 40,599,000
- NOK
- Total equity 2024
- 2,849,229,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RB 1977 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ES 1967 | Board Member | - |
KF 1963 | Board Member | - |
KE | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: May 12, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,000 | 100 % |
Shares owned by the HYDRO RENEWABLES HOLDING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 1,000,000 | 59.65 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 89,000,000Operating profit 2024: NOK -907,000,000Employees: 419
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 125,566,000 | 186,935,000 | 300,760,000 | 127,521,000 |
Annual Total Result | 40,599,000 | -12,943,000 | 153,390,000 | -23,564,000 |
Total assets | 2,960,154,000 | 4,454,444,000 | 2,098,460,000 | 777,580,000 |
Total liabilities | 110,925,000 | 1,808,130,000 | 806,623,000 | 469,133,000 |
Total equity | 2,849,229,000 | 2,646,315,000 | 1,291,837,000 | 308,447,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 125,566,000 | 186,935,000 | 300,760,000 | 127,521,000 |
Total operating costs | 29,566,000 | 132,708,000 | 84,753,000 | 139,724,000 |
Operating result | 96,000,000 | 54,227,000 | 216,007,000 | -12,203,000 |
Financial income/costs | -13,363,000 | -36,053,000 | -15,910,000 | -663,000 |
Profit before tax | 82,637,000 | 18,174,000 | 200,097,000 | -12,866,000 |
Total tax & extraordinary income/cost | 42,038,000 | 31,117,000 | 46,707,000 | 10,698,000 |
Annual Total Result | 40,599,000 | -12,943,000 | 153,390,000 | -23,564,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,877,040,000 | 4,213,076,000 | 1,825,559,000 | 668,539,000 |
Total current assets | 83,114,000 | 241,368,000 | 272,901,000 | 109,041,000 |
Total assets | 2,960,154,000 | 4,454,444,000 | 2,098,460,000 | 777,580,000 |
Short term debt | 46,228,000 | 139,866,000 | 88,424,000 | 465,920,000 |
Long term debt | 64,697,000 | 1,668,264,000 | 718,199,000 | 3,213,000 |
Total liabilities | 110,925,000 | 1,808,130,000 | 806,623,000 | 469,133,000 |
Contributed capital | 2,605,115,000 | 2,475,819,000 | 1,105,817,000 | 275,817,000 |
Retained earnings | 244,114,000 | 170,496,000 | 186,020,000 | 32,630,000 |
Total equity | 2,849,229,000 | 2,646,315,000 | 1,291,837,000 | 308,447,000 |
Total equity and liabilities | 2,960,154,000 | 4,454,445,000 | 2,098,460,000 | 777,580,000 |
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