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G

GLITREVANNVERKET IKS971 034 637

Water and wastewater
Inter-municipal company
Dråpen 20 3036 DRAMMEN, Norge
Water, sewage and waste disposal
/ Water and wastewater
/ 36.000 Water collection, treatment and supply

GLITREVANNVERKET IKS

Keywords

extractionwatercollectionrainwaterpurificationwater supplydesalinationdistributionwiringirrigation canals

Organization

CEO
MA

Marius Asheim1974

Chairman of the board
GH

George Harold Fulford1951

Years since formation
30 years
since Feb 20, 1995
Type
Inter-municipal company
VAT registered
Yes
Number of employees
26

Financials

Total operating income 2024
77,685,220
NOK
Annual total result 2024
4,622,454
NOK
Total equity 2024
154,892,697
NOK
Last update: Jul 14, 2025

Management

Management / administration

NameRoleShares
MA

Marius Asheim

1974

Managing Director/CEO-

Board

NameRoleShares
D
DRAMMEN KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
L
LIER KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
A
ASKER KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
GH

George Harold Fulford

1951

Chairman-
CM

Cecilie Møller Endresen

1965

Board Member-
KB

Ketil Borgevad

1969

Observer-
MS

Marit Stykket

1958

Deputy Chair-
AG

Anette Gjestemoen

1981

Board Member-
TJ

Trond Julin

1959

Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Jul 3, 2023

Ownership

No available data

Financials

in NOK

Summary

Year2024202320222021
Total operating income
77,685,220
73,123,283
70,281,910
65,964,376
Annual Total Result
4,622,454
95,214
653,684
3,426,077
Total assets
355,676,981
341,134,971
325,947,135
316,783,516
Total liabilities
200,784,284
190,864,729
186,841,360
178,331,422
Total equity
154,892,697
150,270,244
139,105,775
138,452,092

P&L

Year2024202320222021
Total operating income
77,685,220
73,123,283
70,281,910
65,964,376
Total operating costs
70,893,326
65,287,113
67,602,495
61,117,019
Operating result
6,791,895
7,836,170
2,679,415
4,847,357
Financial income/costs
-2,169,441
-7,740,956
-3,615,010
-1,346,726
Profit before tax
4,622,454
95,214
-935,595
3,500,631
Total tax & extraordinary income/cost
0
0
-1,589,279
74,554
Annual Total Result
4,622,454
95,214
653,684
3,426,077

Balance overview

Year2024202320222021
Total fixed assets
320,584,334
310,592,655
304,495,890
294,720,045
Total current assets
35,092,647
30,542,316
21,451,245
22,063,471
Total assets
355,676,981
341,134,971
325,947,135
316,783,516
Short term debt
18,893,906
21,105,014
19,725,704
21,294,542
Long term debt
181,890,378
169,759,715
167,115,656
157,036,880
Total liabilities
200,784,284
190,864,729
186,841,360
178,331,422
Contributed capital
114,255,803
114,255,803
114,255,803
114,255,803
Retained earnings
40,636,894
36,014,441
24,849,972
24,196,289
Total equity
154,892,697
150,270,244
139,105,775
138,452,092
Total equity and liabilities
355,676,981
341,134,973
325,947,135
316,783,514

Classification

Category
Type of organization
Inter-municipal company
Standard industrial classification
E
Main industrial area
Water supply; sewerage, waste management and remediation activities
36
Activity
Water collection, treatment and supply
36.0
Main industrial group
Water collection, treatment and supply
36.00
Industrial group
Water collection, treatment and supply
36.000
Industrial group
Water collection, treatment and supply