FJELLNETT AS • 923354204 • Vågå • Electricity, gas, steam and air conditioning supply

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/ Energy distribution

FJELLNETT AS

Keywords

operationthe distribution networkmain linesmastsmeterswiring networks

Organization

CEO: VH
Vebjørn Haugen1972
Chairman of the board: TO
Tronn Olaf Flittie1978
Years since formation: 5 years; since Sep 6, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 63

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 198,339,930; NOK
Annual total result 2023: 28,984,285; NOK
Total equity 2023: 267,133,165; NOK

Last update: Sep 12, 2024

Management

Management / administration

Name	Role	Shares
VH Vebjørn Haugen 1972	Managing Director/CEO	-

Board

Name	Role	Shares
TO Tronn Olaf Flittie 1978	Chairman	-
AF Arnulf Furuhovde 1966	Deputy Chair	-
TB Tone Bakken 1970	Board Member	-
AM Amund Mundhjeld 1976	Board Member	-
AS Arnstein Sperstad 1989	Board Member	-
PB Pål Sve Bjørndal 1971	Alternate Member	-
BG Borghild Garmo 1962	Alternate Member	-
PH Per Heringstad 1968	Alternate Member	-
BH Berit Hoelsbrekken 1971	Alternate Member	-
LS Linda Svendsen 1973	Board Member	-
RH Richard Høiberg 1966	Board Member	-
AS Anders Skogum 1978	Alternate Member	-
LR Linda Ryen 1977	Alternate Member	-
LS Liv Sandlund 1981	Alternate Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Last update: Oct 16, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
A AS EIDEFOSS	Ordinary shares	10,000	100 %

Shares owned by the FJELLNETT AS

Name	Share class	Number of shares	Share
E ELMAT AS	Ordinary shares	10	5.88 %
R REN AS	Ordinary shares	1	0.23 %

Last update: May 24, 2024

Group structure

AS EIDEFOSS
Total operating income 2023: NOK 19,260,000
Operating profit 2023: NOK -3,135,000
Employees: 14

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	198,339,930	187,310,502	182,485,356
Annual Total Result	28,984,285	33,803,494	13,594,811
Total assets	520,916,056	503,436,374	450,783,297
Total liabilities	253,782,891	259,020,037	231,661,282
Total equity	267,133,165	244,416,337	219,122,014

P&L

Year	2023	2022	2021
Total operating income	198,339,930	187,310,502	182,485,356
Total operating costs	153,762,704	138,297,552	159,857,613
Operating result	44,577,225	49,012,951	22,627,743
Financial income/costs	-7,372,143	-5,629,449	-5,133,479
Profit before tax	37,205,082	43,383,502	17,494,264
Total tax & extraordinary income/cost	8,220,797	9,580,008	3,899,453
Annual Total Result	28,984,285	33,803,494	13,594,811

Balance overview

Year	2023	2022	2021
Total fixed assets	454,096,375	423,212,050	390,236,027
Total current assets	66,819,681	80,224,324	60,547,269
Total assets	520,916,056	503,436,374	450,783,297
Short term debt	55,577,013	53,331,687	48,229,311
Long term debt	198,205,878	205,688,351	183,431,971
Total liabilities	253,782,891	259,020,037	231,661,282
Contributed capital	191,473,969	187,741,426	186,250,597
Retained earnings	75,659,196	56,674,911	32,871,417
Total equity	267,133,165	244,416,337	219,122,014
Total equity and liabilities	520,916,056	503,436,374	450,783,297

Classification

Category

/ Energy distribution

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

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