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L

LÅGEN OG ØVRE GLOMMA KRAFTPRODUKSJON AS987 287 527

Energy production
Limited company
C/o Akershus Energi AS Brogata 7 2000 LILLESTRØM, Norge
Power supply
/ Energy production

LÅGEN OG ØVRE GLOMMA KRAFTPRODUKSJON AS

Keywords

generationelectricityhydroturbines

Organization

CEO
TF

Tom Flattum1966

Chairman of the board
AJ

Arne Johan Grimsbo1968

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 2023
617,144,650
NOK
Annual total result 2023
504,219,581
NOK
Total equity 2023
1,250,839,671
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
TF

Tom Flattum

1966

Managing Director/CEO-

Board

NameRoleShares
AG

Astri England Garshol

1978

Board Member-
CG

Camilla Giske

1975

Board Member-
AJ

Arne Johan Grimsbo

1968

Chairman-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Dec 11, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
A
AKERSHUS ENERGI VANNKRAFT AS
Ordinary shares
35,000
100 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year202320222021
Total operating income
617,144,650
1,361,873,500
626,359,458
Annual Total Result
504,219,581
343,188,438
325,544,378
Total assets
1,866,991,920
2,346,125,638
1,667,716,101
Total liabilities
616,152,249
1,599,505,548
1,264,284,449
Total equity
1,250,839,671
746,620,090
403,431,652

P&L

Year202320222021
Total operating income
617,144,650
1,361,873,500
626,359,458
Total operating costs
130,746,697
137,175,186
86,486,540
Operating result
486,397,952
1,224,698,314
539,872,918
Financial income/costs
13,352,219
3,340,359
-1,003,228
Profit before tax
499,750,172
1,228,038,673
538,869,690
Total tax & extraordinary income/cost
-4,469,409
884,850,235
213,325,312
Annual Total Result
504,219,581
343,188,438
325,544,378

Balance overview

Year202320222021
Total fixed assets
1,298,206,162
1,312,118,155
1,327,463,551
Total current assets
568,785,758
1,034,007,483
340,252,550
Total assets
1,866,991,920
2,346,125,638
1,667,716,101
Short term debt
42,717,152
1,021,921,775
749,663,218
Long term debt
573,435,098
577,583,773
514,621,231
Total liabilities
616,152,249
1,599,505,548
1,264,284,449
Contributed capital
411,686,115
411,686,115
411,686,115
Retained earnings
839,153,556
334,933,975
-8,254,463
Total equity
1,250,839,671
746,620,090
403,431,652
Total equity and liabilities
1,866,991,920
2,346,125,638
1,667,716,101

Classification

Category
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
35.11
Industrial group
Production of electricity
35.111
Industrial group
Production of electricity through water power