VARDAR AS
Operating
Å investere i virksomheter innen kraftbransjen og i beslektede og
utfyllende virksomheter. Å investere i andre selskaper for å bidra til
utvikling og kompetanseoppbygging innen alternativ energi. Produksjon
av elektrisk energi.
Å sørge for sikker og rasjonell energiforsyning, å skaffe til veie
tilstrekkelig energi, herunder kjøpe og/eller ta del i kjøp av
energikilder og andre eiendommer, bygge og drive
kraftproduksjonsanlegg og kjøpe energi. Å avhende energi, å bygge og
drive overføringsanlegg, overføre og utveksle energi, å arbeide
aktivt for en god energiøkonomi, å drive annen virksomhet i
forbindelse med dette, herunder konsulent- og entreprenørvirksomhet
og å delta i eller samarbeide med andre virksomheter med samme eller
lignende formål.
Keywords
productioncollectiondistributionsteamhot waterheatingicecooling
Organization
- CEO
- RO
Robert Olsen1964
- Chairman of the board
- RF
Roar Flaathen1950
- Years since formation
- 30 years
- since Dec 16, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 49,054
- 1 share class
- Total number of shareholders
- 19
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 245,822,000
- NOK
- Annual total result 2024
- 157,022,000
- NOK
- Total equity 2024
- 7,159,796,000
- NOK
Last update: Dec 12, 2025
Locations
- Company addressØvre Eikervei 14 3048 DRAMMEN, Norge
Copied! - Postal addressPostboks 4091 Gulskogen 3005 DRAMMEN, Norge
Copied!
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RO 1964 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
RF 1950 | Chairman | - |
JS 1957 | Board Member | - |
KO | Board Member | - |
KO 1971 | Board Member | - |
IR | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
E ERNST & YOUNG AS | Auditor | - |
E ELVEGRUPPEN REGNSKAP AS | Accountant | - |
Ø ØKONOMISENTERET AS | Accountant | - |
Last update: Feb 18, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
D DRAMMEN KOMMUNE | Ordinary shares | 12,793 | 26.08 % |
A ASKER KOMMUNE | Ordinary shares | 6,897 | 14.06 % |
L LIER KOMMUNE | Ordinary shares | 6,441 | 13.13 % |
K KONGSBERG KOMMUNE | Ordinary shares | 5,921 | 12.07 % |
R RINGERIKE KOMMUNE | Ordinary shares | 5,739 | 11.7 % |
Ø ØVRE EIKER KOMMUNE | Ordinary shares | 3,954 | 8.06 % |
M MODUM KOMMUNE | Ordinary shares | 1,737 | 3.54 % |
S SIGDAL KOMMUNE | Ordinary shares | 1,128 | 2.3 % |
H HOLE KOMMUNE | Ordinary shares | 922 | 1.88 % |
F FLESBERG KOMMUNE | Ordinary shares | 554 | 1.13 % |
Å ÅL KOMMUNE | Ordinary shares | 471 | 0.96 % |
H HOL KOMMUNE | Ordinary shares | 461 | 0.94 % |
G GOL KOMMUNE | Ordinary shares | 442 | 0.9 % |
K KRØDSHERAD KOMMUNE | Ordinary shares | 373 | 0.76 % |
N NESBYEN KOMMUNE | Ordinary shares | 353 | 0.72 % |
R ROLLAG KOMMUNE | Ordinary shares | 309 | 0.63 % |
N NORE OG UVDAL KOMMUNE | Ordinary shares | 265 | 0.54 % |
H HEMSEDAL KOMMUNE | Ordinary shares | 191 | 0.39 % |
F FLÅ KOMMUNE | Ordinary shares | 103 | 0.21 % |
Shares owned by the VARDAR AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
V VARDAR SOL AS | Ordinary shares | 96,936 | 100 % |
V VARDAR VANNKRAFT AS | Ordinary shares | 452,064 | 100 % |
V VARDAR VARME AS | Ordinary shares | 11,000 | 100 % |
V VARDAR BOREAS AS | Ordinary shares | 1,000 | 100 % |
S SUNEASE AS | Ordinary shares | 15,455 | 34 % |
A ARBION HØNEFOSS HOLDING AS | Ordinary shares | 1,484 | 33.01 % |
S SOLCELLESPESIALISTEN AS Closed | Ordinary shares | 96,936 | 32.79 % |
H HYPERTHERMICS AS | Ordinary shares | 102,287 | 20.26 % |
C CAMPUS TOFTE AS | Ordinary shares | 6,000 | 20 % |
N NORDIC BATTERIES AS | Ordinary shares | 37,600 | 18.75 % |
C CARBON CENTRIC AS | Ordinary shares | 639,070 | 13.52 % |
A ARBION INDUSTRIES AS | NO0011037483 | 26,838,432 | 13.23 % |
K KONGSBERG INNOVASJON AS | Ordinary shares | 1,500 | 12.5 % |
Å Å ENERGI AS | A-shares | 324,496 | 8.61 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 245,822,000Operating profit 2024: NOK 211,176,000Employees: 7
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 245,822,000 | 907,393,000 | 4,604,823,000 | 244,634,000 |
Annual Total Result | 157,022,000 | 784,132,000 | 4,543,675,000 | -25,012,000 |
Total assets | 9,063,441,000 | 9,238,816,000 | 8,421,519,000 | 3,433,020,000 |
Total liabilities | 1,903,645,000 | 1,946,087,000 | 1,874,202,000 | 1,644,682,000 |
Total equity | 7,159,796,000 | 7,292,729,000 | 6,547,317,000 | 1,788,338,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 245,822,000 | 907,393,000 | 4,604,823,000 | 244,634,000 |
Total operating costs | 34,646,000 | 26,387,000 | 30,386,000 | 20,318,000 |
Operating result | 211,176,000 | 881,006,000 | 4,574,437,000 | 224,316,000 |
Financial income/costs | -74,029,000 | -126,200,000 | -35,394,000 | -31,111,000 |
Profit before tax | 137,147,000 | 754,806,000 | 4,539,043,000 | 193,205,000 |
Total tax & extraordinary income/cost | -19,875,000 | -29,326,000 | -4,632,000 | 218,217,000 |
Annual Total Result | 157,022,000 | 784,132,000 | 4,543,675,000 | -25,012,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 8,890,976,000 | 8,707,960,000 | 7,897,703,000 | 3,214,730,000 |
Total current assets | 172,465,000 | 530,856,000 | 523,816,000 | 218,290,000 |
Total assets | 9,063,441,000 | 9,238,816,000 | 8,421,519,000 | 3,433,020,000 |
Short term debt | 688,441,000 | 513,265,000 | 470,501,000 | 522,394,000 |
Long term debt | 1,215,204,000 | 1,432,822,000 | 1,403,701,000 | 1,122,288,000 |
Total liabilities | 1,903,645,000 | 1,946,087,000 | 1,874,202,000 | 1,644,682,000 |
Contributed capital | 610,884,000 | 610,884,000 | 6,547,317,000 | 1,788,338,000 |
Retained earnings | 6,548,912,000 | 6,681,845,000 | 0 | 0 |
Total equity | 7,159,796,000 | 7,292,729,000 | 6,547,317,000 | 1,788,338,000 |
Total equity and liabilities | 9,063,441,000 | 9,238,816,000 | 8,421,519,000 | 3,433,020,000 |
Classification
21st company classification
BETA
Industrial large enterprise
Category
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
35.3
Main industrial group
Steam and air conditioning supply
35.30
Industrial group
Steam and air conditioning supply
35.300
Industrial group
Steam and air conditioning supply