NEL HYDROGEN ELECTROLYSER AS

Keywords

manufacturingbattery chargerstransistorselectric door opening and closing mechanismsbellsextension cordsultrasonic cleanersinvertersrectifiersfuel cellspower suppliesuninterruptible power supplies (ups)surge suppressorsappliance wiringconnectorscarbon electrodesgraphite electrodescontactsparticulate acceleration electrodescapacitorsresistorsacceleration electrodeselectromagnetssirensscoreboardssignssignaling equipmentlight signalspedestrian signalsinsulatorsbase metal pipesfittingselectroweldingsoldering equipmentsoldering irons

Organization

CEO: KR
Kai Rune Heggland1962
Chairman of the board: KC
Kjell Christian Gyllensten Bjørnsen1976
Years since formation: 12 years; since Jul 6, 2013
Type: Limited company
VAT registered: Yes
Number of employees: 226

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 2024: 1,012,536,637; NOK
Annual total result 2024: -73,088,800; NOK
Total equity 2024: 1,381,636,790; NOK

Last update: Mar 13, 2025

Management

Management / administration

Name	Role	Shares
KR Kai Rune Heggland 1962	Managing Director/CEO	-

Board

Name	Role	Shares
KC Kjell Christian Gyllensten Bjørnsen 1976	Chairman	-
TB Torbjørn Berg 1987	Board Member	-
HH Hans Halvard Hide 1965	Board Member	-
DL David Lundberg Johansen 1985	Board Member	-
EH Eivind Harald Bjørnerud 1991	Alternate Member	-
HV Henning Viking Østeby 1976	Board Member	-
KS Karianne Skillberg 1988	Board Member	-
AL Anne Liberg 1968	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: Jan 17, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NEL ASA	Ordinary shares	10,000	100 %

Last update: May 24, 2024

Group structure

NEL ASA
Total operating income 2023: NOK 79,767,000
Operating profit 2023: NOK -44,286,000
Employees: 29

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	1,012,536,637	876,574,731	342,015,497	56,479,711
Annual Total Result	-73,088,800	-179,918,353	-296,948,701	-187,531,541
Total assets	2,336,069,764	1,909,340,239	1,074,874,050	774,386,316
Total liabilities	954,432,974	945,473,245	559,316,543	451,893,942
Total equity	1,381,636,790	963,866,994	515,557,507	322,492,374

P&L

Year	2024	2023	2022	2021
Total operating income	1,012,536,637	876,574,731	342,015,497	56,479,711
Total operating costs	1,060,812,600	1,017,183,826	621,677,351	236,895,692
Operating result	-48,275,963	-140,609,095	-279,661,854	-180,415,981
Financial income/costs	-24,812,837	-39,309,258	-17,286,847	-7,115,560
Profit before tax	-73,088,800	-179,918,353	-296,948,701	-187,531,541
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-73,088,800	-179,918,353	-296,948,701	-187,531,541

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,301,147,463	971,600,540	589,810,443	464,799,963
Total current assets	1,034,922,301	937,739,699	485,063,607	309,586,353
Total assets	2,336,069,764	1,909,340,239	1,074,874,050	774,386,316
Short term debt	800,743,750	733,774,063	488,006,650	285,953,815
Long term debt	153,689,224	211,699,182	71,309,893	165,940,127
Total liabilities	954,432,974	945,473,245	559,316,543	451,893,942
Contributed capital	1,935,459,071	1,435,164,131	824,205,178	672,706,655
Retained earnings	-553,822,281	-471,297,137	-308,647,671	-350,214,281
Total equity	1,381,636,790	963,866,994	515,557,507	322,492,374
Total equity and liabilities	2,336,069,764	1,909,340,239	1,074,874,050	774,386,316

NEL HYDROGEN ELECTROLYSER AS912 185 877