LÅGEN OG ØVRE GLOMMA KRAFTPRODUKSJON AS
Organization
- CEO
- TF
Tom Flattum1966
- Chairman of the board
- ØA
Øivind Askvik1975
- Years since formation
- 21 years
- since Sep 23, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 35,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 483,716,809
- NOK
- Annual total result 2024
- 178,150,067
- NOK
- Total equity 2024
- 1,108,695,685
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TF 1966 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AE | Board Member | - |
ØA 1975 | Chairman | - |
EF 1971 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Aug 20, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 35,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 7673
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 483,716,809 | 617,144,650 | 1,361,873,500 | 626,359,458 |
Annual Total Result | 178,150,067 | 504,219,581 | 343,188,438 | 325,544,378 |
Total assets | 1,933,271,767 | 1,866,991,920 | 2,346,125,638 | 1,667,716,101 |
Total liabilities | 824,576,082 | 616,152,249 | 1,599,505,548 | 1,264,284,449 |
Total equity | 1,108,695,685 | 1,250,839,671 | 746,620,090 | 403,431,652 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 483,716,809 | 617,144,650 | 1,361,873,500 | 626,359,458 |
Total operating costs | 111,747,091 | 130,746,697 | 137,175,186 | 86,486,540 |
Operating result | 371,969,718 | 486,397,952 | 1,224,698,314 | 539,872,918 |
Financial income/costs | 10,710,866 | 13,352,219 | 3,340,359 | -1,003,228 |
Profit before tax | 382,680,584 | 499,750,172 | 1,228,038,673 | 538,869,690 |
Total tax & extraordinary income/cost | 204,530,517 | -4,469,409 | 884,850,235 | 213,325,312 |
Annual Total Result | 178,150,067 | 504,219,581 | 343,188,438 | 325,544,378 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,297,492,847 | 1,298,206,162 | 1,312,118,155 | 1,327,463,551 |
Total current assets | 635,778,920 | 568,785,758 | 1,034,007,483 | 340,252,550 |
Total assets | 1,933,271,767 | 1,866,991,920 | 2,346,125,638 | 1,667,716,101 |
Short term debt | 319,337,250 | 42,717,152 | 1,021,921,775 | 749,663,218 |
Long term debt | 505,238,832 | 573,435,098 | 577,583,773 | 514,621,231 |
Total liabilities | 824,576,082 | 616,152,249 | 1,599,505,548 | 1,264,284,449 |
Contributed capital | 411,686,115 | 411,686,115 | 411,686,115 | 411,686,115 |
Retained earnings | 697,009,570 | 839,153,556 | 334,933,975 | -8,254,463 |
Total equity | 1,108,695,685 | 1,250,839,671 | 746,620,090 | 403,431,652 |
Total equity and liabilities | 1,933,271,767 | 1,866,991,920 | 2,346,125,638 | 1,667,716,101 |
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