ÅRDAL BIO AS • 994723995 • Årdal i ryfylke • Electricity, gas, steam and air conditioning supply

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/ Energy production

/ 35.113 Production of electricity through biofuel

ÅRDAL BIO AS

Keywords

generationelectricitybio gassturbines

Organization

CEO: OV
Olaf Vestersjø1955
Chairman of the board: JA
John Arne Sie1983
Years since formation: 16 years; since Nov 3, 2009
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 8,000; 1 share class
Total number of shareholders: 6; 2 companies, 4 persons

Financials

Annual total result 2024: -22,004; NOK
Total equity 2024: 29,852; NOK

Last update: May 27, 2025

Management

Management / administration

Name	Role	Shares
OV Olaf Vestersjø 1955	Managing Director/CEO	18.75 % directly

Board

Name	Role	Shares
JA John Arne Sie 1983	Chairman	5.38 % indirectly
OV Olaf Vestersjø 1955	Board Member	18.75 % directly
RS Ragnar Sandve 1956	Board Member	6.25 % directly
KI Kjell Inge Mæland 1959	Board Member	25 % indirectly

Top 10 individual shareholders

Name	Role	Shares
KI Kjell Inge Mæland 1959	Board Member	25 % indirectly
OV Olaf Vestersjø 1955	Managing Director/CEO, Board Member	18.75 % directly
TS Tårn Sigve Schmidt 1970	-	12.5 % directly
OT Oddmund Tjentland 1980	-	12.5 % directly
RS Ragnar Sandve 1956	Board Member	6.25 % directly
AS Anders Sie 1982	-	5.38 % indirectly
JA John Arne Sie 1983	Chairman	5.38 % indirectly
MS Maria Sie 1990	-	5.25 % indirectly
BO Bjørg Olaug Sie 1979	-	5.25 % indirectly
IJ Inger Johanne Sie 1956	-	3.75 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KIM HOLDING AS	Ordinary shares	2,000	25 %
S SICOM AS	Ordinary shares	2,000	25 %
OV Olaf Vestersjø 1955	Ordinary shares	1,500	18.75 %
OT Oddmund Tjentland 1980	Ordinary shares	1,000	12.5 %
TS Tårn Sigve Schmidt 1970	Ordinary shares	1,000	12.5 %
RS Ragnar Sandve 1956	Ordinary shares	500	6.25 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	-22,004	-5,791	-35,314	-8,135
Total assets	29,852	51,856	57,647	92,961
Total liabilities	0	0	0	0
Total equity	29,852	51,856	57,647	92,961

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	23,147	6,631	35,761	8,392
Operating result	-23,147	-6,631	-35,761	-8,392
Financial income/costs	1,143	840	447	257
Profit before tax	-22,004	-5,791	-35,314	-8,135
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-22,004	-5,791	-35,314	-8,135

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	0	0	0	0
Total current assets	29,852	51,856	57,647	92,961
Total assets	29,852	51,856	57,647	92,961
Short term debt	0	0	0	0
Long term debt	0	0	0	0
Total liabilities	0	0	0	0
Contributed capital	200,000	200,000	200,000	200,000
Retained earnings	-170,148	-148,144	-142,353	-107,039
Total equity	29,852	51,856	57,647	92,961
Total equity and liabilities	29,852	51,856	57,647	92,961

Classification

Category

/ Energy production

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

35.113

Industrial group

Production of electricity through biofuel