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V

VESTMAR NETT AS979 399 901

Energy distribution
Limited company
Bråteveien 6 3772 KRAGERØ, Norge

VESTMAR NETT AS

Vestmarnett

Keywords

operationthe distribution networkmain linesmastsmeterswiring networks

Links

Organization

Chairman of the board
Years since formation
27 years
since Dec 10, 1997
Type
Limited company
VAT registered
Yes
Number of employees
22

Ownership

Number of shares and share classes
10,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
96,314,000
NOK
Annual total result 2023
23,709,000
NOK
Total equity 2023
139,546,000
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Alternate Member-
Alternate Member-
Board Member-
Board Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Jul 18, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
K
KRAGERØ ENERGI AS
Ordinary shares
10,000
100 %

Shares owned by the VESTMAR NETT AS

NameShare classNumber of sharesShare
R
REN AS
Ordinary shares
5
1.17 %
Last update: May 24, 2024

Group structure

  • Total operating income -: NOK
    Operating profit -: NOK
    Employees: 1619

Financials

in NOK

Summary

Year202320222021
Total operating income
96,314,000
126,264,000
86,117,000
Annual Total Result
23,709,000
23,677,000
10,457,000
Total assets
307,531,000
321,178,000
291,967,000
Total liabilities
167,985,000
197,628,000
180,677,000
Total equity
139,546,000
123,550,000
111,290,000

P&L

Year202320222021
Total operating income
96,314,000
126,264,000
86,117,000
Total operating costs
51,268,000
83,070,000
66,341,000
Operating result
45,046,000
43,194,000
19,776,000
Financial income/costs
-4,417,000
-2,777,000
-1,936,000
Profit before tax
40,628,000
40,417,000
17,840,000
Total tax & extraordinary income/cost
16,919,000
16,740,000
7,383,000
Annual Total Result
23,709,000
23,677,000
10,457,000

Balance overview

Year202320222021
Total fixed assets
261,786,000
240,262,000
229,204,000
Total current assets
45,745,000
80,917,000
62,763,000
Total assets
307,531,000
321,178,000
291,967,000
Short term debt
49,855,000
71,926,000
49,564,000
Long term debt
118,130,000
125,702,000
131,113,000
Total liabilities
167,985,000
197,628,000
180,677,000
Contributed capital
65,114,000
65,114,000
65,114,000
Retained earnings
74,432,000
58,436,000
46,176,000
Total equity
139,546,000
123,550,000
111,290,000
Total equity and liabilities
307,531,000
321,178,000
291,967,000

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
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
35.13
Industrial group
Distribution of electricity
35.130
Industrial group
Distribution of electricity