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G

GRUNNÅI KRAFTVERK AS977 023 998

Energy production
Limited company
Floodeløkka 1 3915 PORSGRUNN, Norge

GRUNNÅI KRAFTVERK AS

Keywords

generationelectricityhydroturbines

Organization

Chairman of the board
Years since formation
29 years
since Dec 12, 1996
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
50,000
1 share class
Total number of shareholders
4
3 companies, 1 person
Belongs to group of

Financials

Total operating income 2024
38,322,809
NOK
Annual total result 2024
10,104,487
NOK
Total equity 2024
82,217,247
NOK
Last update: Jun 30, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member
11.2 %
indirectly
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Alternate Member-
ResignedDeputy Chair-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Board Member
11.2 %
indirectly
Last update: Apr 29, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
SKAGERAK KRAFT AS
Ordinary shares
27,500
55 %
V
VEST-TELEMARK KRAFTLAG AS
Ordinary shares
9,126
18.25 %
Ordinary shares
7,776
15.55 %
R
REINSTAUL KRAFT AS
Ordinary shares
5,598
11.2 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 280,406,000
    Operating profit 2024: NOK -167,514,000
    Employees: 180

Financials

in NOK

Summary

Year2024202320222021
Total operating income
38,322,809
52,188,655
90,037,934
37,526,584
Annual Total Result
10,104,487
12,295,527
23,464,948
11,133,661
Total assets
145,380,942
152,566,360
219,825,778
171,162,918
Total liabilities
63,163,695
65,453,600
145,008,546
119,810,633
Total equity
82,217,247
87,112,760
74,817,233
51,352,284

P&L

Year2024202320222021
Total operating income
38,322,809
52,188,655
90,037,934
37,526,584
Total operating costs
7,411,338
11,294,333
11,576,082
7,167,413
Operating result
30,911,471
40,894,322
78,461,852
30,359,171
Financial income/costs
-2,413,718
-1,736,083
-2,041,125
-1,879,284
Profit before tax
28,497,753
39,158,238
76,420,727
28,479,887
Total tax & extraordinary income/cost
18,393,266
26,862,711
52,955,779
17,346,226
Annual Total Result
10,104,487
12,295,527
23,464,948
11,133,661

Balance overview

Year2024202320222021
Total fixed assets
141,637,862
145,382,454
147,897,285
151,834,154
Total current assets
3,743,080
7,183,905
71,928,493
19,328,764
Total assets
145,380,942
152,566,360
219,825,778
171,162,918
Short term debt
27,788,693
27,054,733
67,635,816
19,414,039
Long term debt
35,375,003
38,398,867
77,372,730
100,396,594
Total liabilities
63,163,695
65,453,600
145,008,546
119,810,633
Contributed capital
11,790,000
11,790,000
11,790,000
11,790,000
Retained earnings
70,427,247
75,322,760
63,027,233
39,562,284
Total equity
82,217,247
87,112,760
74,817,233
51,352,284
Total equity and liabilities
145,380,942
152,566,360
219,825,779
171,162,917

Classification

Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central 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
35.11
Industrial group
Production of electricity
35.111
Industrial group
Production of electricity through water power