TUSSA KRAFT AS

Operating

Syte for produksjon, overføring og omsetning av elektrisk energi og stå føre utbygging av naudsynlege anlegg i den samanheng. Tussa kan på forretningsbasis utvikle, produsere og selje produkt og tenester som styrkjer og utviklar konsernet.

Syte for produksjon, overføring og omsetning av elektrisk energi og stå føre utbygging av naudsynlege anlegg i den samanheng.

Organization

CEO: OO
Olav Osvoll1964
Chairman of the board: SR
Sindre Rotevatn1960
Years since formation: 31 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 24

Ownership

Number of shares and share classes: 3,497; 2 share classes
Total number of shareholders: 16; companies
Belongs to group of

Financials

Total operating income 2024: 38,626,246; NOK
Annual total result 2024: 87,636,179; NOK
Total equity 2024: 1,679,799,200; NOK

Last update: Feb 13, 2026

Locations

Company address
Langemyra 6 6160 HOVDEBYGDA, Norge
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Management

Management / administration

Name	Role	Shares
OO Olav Osvoll 1964	Managing Director/CEO	-

Board

Name	Role	Shares
DF Daniel Fjørtoft 1983	Board Member	-
OH Olav-Arne Hustad Vinjevoll 1981	Board Member	-
KO Knut Olav Standal 1959	Alternate Member	-
SR Siw Rotevatn Vikene 1978	Alternate Member	-
SH Steinar Hauge 1961	Alternate Member	-
RM Ragnhild Margrete Aarflot Kalland 1960	Alternate Member	-
EL Elisabet Lauvstad Haugen 1973	Board Member	-
SR Sindre Rotevatn 1960	Chairman	-
JS Jorunn Skrede 1969	Board Member	-
TB Torgeir Bratteberg 1986	Board Member	-
SS Sindre Svellingen 1984	Board Member	-
LH Linn-Therese Hansen Sævik 1989	Board Member	-
AE Anders Eidså 1986	Alternate Member	-
SB Synnøve Bigset Aspevik 1972	Alternate Member	-
EB Egil Brækken 1969	Board Member	-
RH Rune Hovde 1964	Board Member	-
KJ Karl Johan Bakken 1958	Alternate Member	-
AP Alexandra Paltschik Rønneberg 1993	Alternate Member	-
JO Jan Ove Tryggestad 1961	Alternate Member	-
AH Ann Helen Korsfur Krøvel 1978	Board Member	-
AG Alf-Einar Gullhav Moltubakk 1983	Alternate Member	-
EH Eva Haugen Øye 1985	Alternate Member	-
BV Bjørnar Vartdal 1976	Alternate Member	-
KW Kristian Woldseth 1995	Alternate Member	-
OA Oskar Alme 1990	Alternate Member	-

Others

Name	Role	Shares
T TELL NORGE AS	Auditor	-

Last update: Feb 5, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
Ø ØRSTA KOMMUNE	Class B shares	747	21.36 %
K KOMMUNAL LANDSPENSJONSKASSE GJENSIDIG FORSIKRINGSSELSKAP	A-shares	591	16.9 %
V VOLDA KOMMUNE	Class B shares	484	13.84 %
H HERØY KOMMUNE	Class B shares	376	10.75 %
Ø ØRSTA KOMMUNE	A-shares	309	8.84 %
H HAREID KOMMUNE	Class B shares	201	5.75 %
V VANYLVEN KOMMUNE	Class B shares	176	5.03 %
S STRYN KOMMUNE	Class B shares	156	4.46 %
S STRANDA KOMMUNE	Class B shares	154	4.4 %
S STRYN KOMMUNE	A-shares	78	2.23 %
S STRANDA KOMMUNE	A-shares	77	2.2 %
U ULSTEIN KOMMUNE	Class B shares	58	1.66 %
U ULSTEIN KOMMUNE	A-shares	29	0.83 %
S SANDE KOMMUNE	Class B shares	28	0.8 %
V VANYLVEN KOMMUNE	A-shares	21	0.6 %
H HORNINDAL KRAFTLAG AS	A-shares	12	0.34 %

Shares owned by the TUSSA KRAFT AS

Name	Share class	Total number of shares	Share
S STRYN ENERGI AS Closed	Ordinary shares	15	100 %
S STRANDA ENERGI AS Closed	Ordinary shares	34	100 %
T TUSSA ENERGI AS	Ordinary shares	1	100 %
T TUSSA INSTALLASJON AS	Ordinary shares	640	100 %
S SUNNMØRE ENERGI AS	Ordinary shares	860	100 %
O OSE & AARSETH AS	Ordinary shares	100	100 %
T TUSSA IKT AS	Ordinary shares	150,000	100 %
N NORSK INNOVASJONSSENTER AS	Ordinary shares	300,000	41.1 %
L LINJA AS	Ordinary shares	5,595	32.9 %
I ISTAD AS	Class B shares	32,682	32.68 %
W WATTN AS	Ordinary shares	619,731	24.46 %
A AF ELKRAFT AS	Ordinary shares	135,096	9.86 %
N NORDENFJELDSKE ENERGI AS	Ordinary shares	55	9.09 %
R RUNDE MILJØBYGG AS	Ordinary shares	13,000	5.91 %
D DALSFJORD BENSIN AS	Ordinary shares	10	2.64 %
H HAREID FASTLANDSAMBAND AS	Ordinary shares	250	2.6 %
Å ÅKP AS	Ordinary shares	100	1.2 %

Last update: Jun 2, 2025

Group structure

TUSSA KRAFT AS
Total operating income 2024: NOK 38,626,246
Operating profit 2024: NOK -11,850,158
Employees: 24

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	38,626,246	37,933,385	34,031,828	32,970,407
Annual Total Result	87,636,179	57,935,352	62,807,224	39,458,204
Total assets	2,969,906,388	2,592,088,421	2,221,742,687	2,162,109,371
Total liabilities	1,290,107,188	1,313,492,117	1,224,445,910	1,174,340,403
Total equity	1,679,799,200	1,278,596,304	997,296,777	987,768,969

P&L

Year	2024	2023	2022	2021
Total operating income	38,626,246	37,933,385	34,031,828	32,970,407
Total operating costs	50,476,405	50,631,951	45,575,165	41,005,907
Operating result	-11,850,158	-12,698,565	-11,543,337	-8,035,500
Financial income/costs	105,246,442	75,362,877	82,841,168	49,546,449
Profit before tax	93,396,283	62,664,312	71,297,832	41,510,950
Total tax & extraordinary income/cost	5,760,104	4,728,960	8,490,608	2,052,746
Annual Total Result	87,636,179	57,935,352	62,807,224	39,458,204

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	2,848,016,981	2,469,089,246	2,035,327,651	2,037,505,614
Total current assets	121,889,407	122,999,175	186,415,036	124,603,758
Total assets	2,969,906,388	2,592,088,421	2,221,742,687	2,162,109,371
Short term debt	131,930,943	286,610,638	235,467,640	107,697,598
Long term debt	1,158,176,246	1,026,881,480	988,978,269	1,066,642,805
Total liabilities	1,290,107,188	1,313,492,117	1,224,445,910	1,174,340,403
Contributed capital	935,085,478	935,085,478	649,378,522	649,378,522
Retained earnings	744,713,722	343,510,826	347,918,255	338,390,447
Total equity	1,679,799,200	1,278,596,304	997,296,777	987,768,969
Total equity and liabilities	2,969,906,388	2,592,088,421	2,221,742,687	2,162,109,371

Classification

21st company classification

BETA

Industrial mother company

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

TUSSA KRAFT AS916 929 641

TUSSA KRAFT AS

Organization

Ownership

Financials

Locations

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the TUSSA KRAFT AS

Group structure

Financials

Summary

P&L

Balance overview

Classification