HYDRO ENERGI AS
Hydro – Industries that matter
Hydro is a leading aluminium and renewable energy company that builds businesses and partnerships for a more sustainable future. We have 33,000 employees in more than 140 locations and 40 countries.
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Organization
- CEO
- JH
- Chairman of the board
- KE
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 384
Ownership
- Number of shares and share classes
- 2,200,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 10,413,000,000
- NOK
- Annual total result 2024
- 448,000,000
- NOK
- Total equity 2024
- 12,897,000,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JH | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ES 1967 | Board Member | - |
MM 1979 | Board Member | - |
SA 1978 | Alternate Member | - |
KE | Chairman | - |
| Board Member | - | |
| Board Member | - | |
EA | Board Member | - |
HS 1995 | Board Member | - |
RB 1974 | Alternate Member | - |
| Alternate Member | - | |
MØ | Alternate Member | - |
OJ 1978 | Alternate Member | - |
SB | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: May 27, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,200,000 | 100 % |
Shares owned by the HYDRO ENERGI AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,525,000 | 100 % | |
| Ordinary shares | 2,000 | 100 % | |
| NO0011041519 | 11,000,000 | 100 % | |
| Ordinary shares | 6,000 | 100 % | |
| Ordinary shares | 1,000 | 0.1 % | |
| NO0010345010 | 3,003,587 | < 0.01 % |
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 | 10,413,000,000 | 11,166,000,000 | 12,275,000,000 | 9,622,000,000 |
Annual Total Result | 448,000,000 | 997,000,000 | 3,868,000,000 | 2,293,000,000 |
Total assets | 16,864,000,000 | 16,786,000,000 | 17,032,000,000 | 14,981,000,000 |
Total liabilities | 3,967,000,000 | 4,161,000,000 | 5,200,000,000 | 4,833,000,000 |
Total equity | 12,897,000,000 | 12,625,000,000 | 11,834,000,000 | 10,149,000,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 10,413,000,000 | 11,166,000,000 | 12,275,000,000 | 9,622,000,000 |
Total operating costs | 7,093,000,000 | 8,797,000,000 | 7,012,000,000 | 6,295,000,000 |
Operating result | 3,320,000,000 | 2,369,000,000 | 5,263,000,000 | 3,327,000,000 |
Financial income/costs | -1,353,000,000 | 60,000,000 | 50,000,000 | 1,000,000 |
Profit before tax | 1,967,000,000 | 2,429,000,000 | 5,313,000,000 | 3,328,000,000 |
Total tax & extraordinary income/cost | 1,519,000,000 | 1,432,000,000 | 1,445,000,000 | 1,035,000,000 |
Annual Total Result | 448,000,000 | 997,000,000 | 3,868,000,000 | 2,293,000,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 14,663,000,000 | 14,052,000,000 | 12,194,000,000 | 10,202,000,000 |
Total current assets | 2,201,000,000 | 2,734,000,000 | 4,838,000,000 | 4,779,000,000 |
Total assets | 16,864,000,000 | 16,786,000,000 | 17,032,000,000 | 14,981,000,000 |
Short term debt | 2,765,000,000 | 3,533,000,000 | 4,610,000,000 | 4,233,000,000 |
Long term debt | 1,202,000,000 | 628,000,000 | 590,000,000 | 600,000,000 |
Total liabilities | 3,967,000,000 | 4,161,000,000 | 5,200,000,000 | 4,833,000,000 |
Contributed capital | 2,367,000,000 | 2,367,000,000 | 2,367,000,000 | 2,367,000,000 |
Retained earnings | 10,530,000,000 | 10,258,000,000 | 9,467,000,000 | 7,782,000,000 |
Total equity | 12,897,000,000 | 12,625,000,000 | 11,834,000,000 | 10,149,000,000 |
Total equity and liabilities | 16,864,000,000 | 16,786,000,000 | 17,034,000,000 | 14,982,000,000 |
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