LÅGEN OG ØVRE GLOMMA KRAFTPRODUKSJON AS
Operating
Produksjon og omsetning av energi, herunder også gjennom finansielle
kontraktstyper. Videreutvikling av selskapets verdier. Rådgivning,
konsulentvirksomhet og tjenesteyting som har tilknytning til de nevnte
formål. Virksomheten kan også drives i samarbeid med eller ved
deltakelse eller eierskap i andre foretak med tilsvarende eller
lignende formål.
Utbygging, produksjon og omsetning av elektrisitet og annen energi,
arbeid for en sikker og rasjonell energiforsyning og for en god
energiøkonomi, samt rådgivning, konsulentvirksomhet og tjenesteyting
som har tilknytning til de nevnte formål.
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: 7932
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
21st company classification
BETA
Industrial large enterprise
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