KVAM KRAFTVERK AS
Kvam Kraftverk
Kvam Kraftverk AS i Norheimsund tilbyr straum til private og bedrifter. I tillegg til kraftomsetning tilbyr vi og breiband.,Kvam Kraftverk AS i Norheimsund tilbyr straum til private og bedrifter. I
tillegg til kraftomsetning tilbyr vi og breiband.
Organization
- CEO
- AT
Arne Tillung1967
- Chairman of the board
- OB
Olav Botnen1981
- Years since formation
- 27 years
- since Feb 13, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 5
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 122,201,124
- NOK
- Annual total result 2024
- 13,502,343
- NOK
- Total equity 2024
- 89,069,514
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AT 1967 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MS | Board Member | - |
EM 1979 | Board Member | - |
SO 1977 | Alternate Member | - |
NO | Alternate Member | - |
VR 1958 | Deputy Chair | - |
EL 1963 | Alternate Member | - |
LS 1984 | Observer | - |
TR 1982 | Observer | - |
| Board Member | - | |
OB 1981 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Aug 19, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the KVAM KRAFTVERK AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 794 | 12.7 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 1834
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 122,201,124 | 175,305,510 | 357,841,595 | 151,725,079 |
Annual Total Result | 13,502,343 | 12,837,951 | 47,949,784 | 11,960,588 |
Total assets | 224,382,121 | 228,804,633 | 265,099,902 | 199,013,374 |
Total liabilities | 135,312,607 | 144,976,563 | 184,175,028 | 155,538,284 |
Total equity | 89,069,514 | 83,828,070 | 80,924,874 | 43,475,090 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 122,201,124 | 175,305,510 | 357,841,595 | 151,725,079 |
Total operating costs | 103,641,502 | 157,355,438 | 294,222,828 | 134,295,625 |
Operating result | 18,559,623 | 17,950,072 | 63,618,767 | 17,429,454 |
Financial income/costs | -1,235,841 | -1,067,795 | -2,124,363 | -2,109,039 |
Profit before tax | 17,323,782 | 16,882,277 | 61,494,405 | 15,320,414 |
Total tax & extraordinary income/cost | 3,821,439 | 4,044,326 | 13,544,621 | 3,359,826 |
Annual Total Result | 13,502,343 | 12,837,951 | 47,949,784 | 11,960,588 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 132,663,629 | 136,184,178 | 126,916,243 | 130,624,472 |
Total current assets | 91,718,493 | 92,620,455 | 138,183,660 | 68,388,902 |
Total assets | 224,382,121 | 228,804,633 | 265,099,902 | 199,013,374 |
Short term debt | 46,254,679 | 54,997,512 | 90,213,156 | 57,587,557 |
Long term debt | 89,057,928 | 89,979,052 | 93,961,873 | 97,950,727 |
Total liabilities | 135,312,607 | 144,976,563 | 184,175,028 | 155,538,284 |
Contributed capital | 17,329,544 | 17,329,544 | 17,329,544 | 17,329,544 |
Retained earnings | 71,739,970 | 66,498,526 | 63,595,330 | 26,145,546 |
Total equity | 89,069,514 | 83,828,070 | 80,924,874 | 43,475,090 |
Total equity and liabilities | 224,382,121 | 228,804,633 | 265,099,902 | 199,013,374 |
Classification
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