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.

Keywords

generationelectricityhydroturbines

Organization

CEO: JH
Jan Helge Mårdalen1966
Chairman of the board: KT
Kari Ekelund Thørud1975
Years since formation: 29 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 371

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 2023: 11,166,000,000; NOK
Annual total result 2023: 997,000,000; NOK
Total equity 2023: 12,625,000,000; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
JH Jan Helge Mårdalen 1966	Managing Director/CEO	-

Board

Name	Role	Shares
ES Erling Sigholt 1967	Board Member	-
KF Kathrine Fog 1963	Board Member	-
PV Per-Eilert Vierli 1980	Board Member	-
KT Kari Ekelund Thørud 1975	Chairman	-
AE Andreas Eikeland 1980	Board Member	-
RJ Roar Jakobsen 1969	Board Member	-
MM Magne Meland 1979	Board Member	-
AL Arne Moen Lid 1993	Alternate Member	-
RE Robert Strømfjord Ediassen 1967	Alternate Member	-
SA Stig Aspenes 1978	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: Jul 25, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N Norsk Hydro ASA	Ordinary shares	2,200,000	100 %

Shares owned by the HYDRO ENERGI AS

Name	Share class	Number of shares	Share
H HYDRO ENERGI INVEST AS	Ordinary shares	1,275,000	100 %
H HYDRO REIN HOLDING AS	Ordinary shares	2,000	100 %
H HYDRO HAVRAND AS	NO0011041519	11,000,000	100 %
S SVELGFOS AS	Ordinary shares	6,000	100 %
H HYDRO REIN AS	Ordinary shares	1,000,000	100 %
V VISIT NORDMØRE & ROMSDAL AS	Ordinary shares	1,000	0.1 %
N NORSUN AS	NO0010345010	3,003,587	< 0.01 %

Last update: May 24, 2024

Group structure

Norsk Hydro ASA
Total operating income 2023: NOK 165,000,000
Operating profit 2023: NOK -684,000,000
Employees: 396

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	11,166,000,000	12,275,000,000	9,622,000,000
Annual Total Result	997,000,000	3,868,000,000	2,293,000,000
Total assets	16,786,000,000	17,032,000,000	14,981,000,000
Total liabilities	4,161,000,000	5,200,000,000	4,833,000,000
Total equity	12,625,000,000	11,834,000,000	10,149,000,000

P&L

Year	2023	2022	2021
Total operating income	11,166,000,000	12,275,000,000	9,622,000,000
Total operating costs	8,797,000,000	7,012,000,000	6,295,000,000
Operating result	2,369,000,000	5,263,000,000	3,327,000,000
Financial income/costs	60,000,000	50,000,000	1,000,000
Profit before tax	2,429,000,000	5,313,000,000	3,328,000,000
Total tax & extraordinary income/cost	1,432,000,000	1,445,000,000	1,035,000,000
Annual Total Result	997,000,000	3,868,000,000	2,293,000,000

Balance overview

Year	2023	2022	2021
Total fixed assets	14,052,000,000	12,194,000,000	10,202,000,000
Total current assets	2,734,000,000	4,838,000,000	4,779,000,000
Total assets	16,786,000,000	17,032,000,000	14,981,000,000
Short term debt	3,533,000,000	4,610,000,000	4,233,000,000
Long term debt	628,000,000	590,000,000	600,000,000
Total liabilities	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
Retained earnings	10,258,000,000	9,467,000,000	7,782,000,000
Total equity	12,625,000,000	11,834,000,000	10,149,000,000
Total equity and liabilities	16,786,000,000	17,034,000,000	14,982,000,000

HYDRO ENERGI AS930 187 240

HYDRO ENERGI AS

Keywords

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Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the HYDRO ENERGI AS

Group structure

Financials

Summary

P&L

Balance overview

Classification