Organization
- CEO
- AV
Alf Vee Midtun1965
- Chairman of the board
- HC
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 45,145,800
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 54,748,905
- NOK
- Annual total result 2024
- 3,945,037
- NOK
- Total equity 2024
- 134,710,101
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AV 1965 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AS 1988 | Board Member | - |
GÅ | Observer | - |
HC | Chairman | - |
JP 1960 | Deputy Chair | - |
LE 1991 | Board Member | - |
HS | Board Member | - |
JM 1968 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 15, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 45,145,800 | 100 % |
Shares owned by the RAUMA ENERGI PRODUKSJON AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 5.83 % | |
| Ordinary shares | 19 | 3.3 % | |
| A-shares | 2 | 0.46 % | |
| Ordinary shares | 2 | 0.39 % | |
| Ordinary shares | 1 | 0.23 % | |
| Preference shares | 1,442 | 0.02 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 1112
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 54,748,905 | 54,733,941 | 61,946,195 | 40,528,766 |
Annual Total Result | 3,945,037 | 6,237,466 | 6,506,128 | -13,181,343 |
Total assets | 493,581,680 | 502,582,685 | 555,961,120 | 550,465,698 |
Total liabilities | 358,871,580 | 369,340,743 | 427,456,645 | 419,470,381 |
Total equity | 134,710,101 | 133,241,942 | 128,504,476 | 130,995,317 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 54,748,905 | 54,733,941 | 61,946,195 | 40,528,766 |
Total operating costs | 32,728,015 | 31,898,937 | 33,289,368 | 32,418,417 |
Operating result | 22,020,889 | 22,835,004 | 28,656,827 | 8,110,349 |
Financial income/costs | -14,607,524 | -13,893,098 | -13,945,191 | -12,289,337 |
Profit before tax | 7,413,365 | 8,941,906 | 14,711,635 | -4,178,989 |
Total tax & extraordinary income/cost | 3,468,328 | 2,704,440 | 8,205,507 | 9,002,354 |
Annual Total Result | 3,945,037 | 6,237,466 | 6,506,128 | -13,181,343 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 482,610,997 | 492,455,732 | 498,854,999 | 510,595,116 |
Total current assets | 10,970,683 | 10,126,953 | 57,106,122 | 39,870,582 |
Total assets | 493,581,680 | 502,582,685 | 555,961,120 | 550,465,698 |
Short term debt | 18,468,534 | 21,087,629 | 71,045,483 | 59,179,492 |
Long term debt | 340,403,046 | 348,253,114 | 356,411,162 | 360,290,889 |
Total liabilities | 358,871,580 | 369,340,743 | 427,456,645 | 419,470,381 |
Contributed capital | 54,115,293 | 51,737,470 | 51,737,470 | 51,737,470 |
Retained earnings | 80,594,807 | 81,504,472 | 76,767,006 | 79,257,847 |
Total equity | 134,710,101 | 133,241,942 | 128,504,476 | 130,995,317 |
Total equity and liabilities | 493,581,681 | 502,582,685 | 555,961,120 | 550,465,698 |
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