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Ø

ØLSELVA KRAFTVERK AS994 325 205

Energy production
Limited company
Kambsvegen 60 5590 ETNE, Norge

ØLSELVA KRAFTVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO
Chairman of the board
Years since formation
16 years
since Jul 16, 2009
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
3
1 company, 2 persons

Financials

Total operating income 2023
1,068,044
NOK
Annual total result 2023
301,116
NOK
Total equity 2023
2,622,786
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
49 %
directly

Board

NameRoleShares
Chairman
49 %
directly
Board Member
51 %
directly 1 %
indirectly 50 %
Alternate Member-

Others

NameRoleShares
V
VATNEM REVISJON AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Board Member
51 %
directly 1 %
indirectly 50 %
Managing Director/CEO, Chairman
49 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
V
VIDAR ØVREVIK AS
Ordinary shares
500
50 %
Ordinary shares
490
49 %
Ordinary shares
10
1 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
1,068,044
2,834,639
878,749
Annual Total Result
301,116
1,538,708
301,366
Total assets
6,188,272
7,381,828
5,123,581
Total liabilities
3,565,486
5,060,158
4,340,618
Total equity
2,622,786
2,321,670
782,962

P&L

Year202320222021
Total operating income
1,068,044
2,834,639
878,749
Total operating costs
484,592
704,544
387,224
Operating result
583,452
2,130,095
491,525
Financial income/costs
-196,231
-157,337
-105,157
Profit before tax
387,221
1,972,758
386,368
Total tax & extraordinary income/cost
86,105
434,050
85,002
Annual Total Result
301,116
1,538,708
301,366

Balance overview

Year202320222021
Total fixed assets
4,570,007
4,684,288
4,339,826
Total current assets
1,618,265
2,697,540
783,755
Total assets
6,188,272
7,381,828
5,123,581
Short term debt
304,163
1,526,291
517,907
Long term debt
3,250,206
3,523,180
3,813,349
Total liabilities
3,565,486
5,060,158
4,340,618
Contributed capital
225,123
225,123
225,123
Retained earnings
2,397,663
2,096,547
557,839
Total equity
2,622,786
2,321,670
782,962
Total equity and liabilities
6,188,272
7,381,828
5,123,581

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
Standard industrial classification
D
Main industrial area
Electricity, gas, steam and air conditioning supply
35
Activity
Electricity, gas, steam and air conditioning supply
35.1
Main industrial group
Electric power generation, transmission and distribution
35.11
Industrial group
Production of electricity
35.111
Industrial group
Production of electricity through water power