Organization
- CEO
- ML
Marius Larsen1981
- Chairman of the board
- EF
Eirik Frantzen1968
- Years since formation
- 10 years
- since Oct 22, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 79
Ownership
- Number of shares and share classes
- 1,000,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 213,698,347
- NOK
- Annual total result 2024
- 18,375,400
- NOK
- Total equity 2024
- 92,456,803
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ML 1981 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AM | Board Member | - |
| Board Member | - | |
EF 1968 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Nov 29, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000,000 | 100 % |
Shares owned by the NORDKRAFT ENERGIDRIFT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 5.56 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 84,340,000Operating profit 2024: NOK -22,454,000Employees: 37
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 213,698,347 | 204,891,390 | 183,300,056 | 158,655,406 |
Annual Total Result | 18,375,400 | 39,274,531 | 40,310,195 | 28,027,221 |
Total assets | 272,188,920 | 403,898,403 | 498,203,151 | 299,220,304 |
Total liabilities | 179,732,117 | 317,197,961 | 418,430,973 | 228,537,222 |
Total equity | 92,456,803 | 86,700,442 | 79,772,178 | 70,683,082 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 213,698,347 | 204,891,390 | 183,300,056 | 158,655,406 |
Total operating costs | 197,809,412 | 162,817,763 | 135,552,916 | 123,837,627 |
Operating result | 15,888,936 | 42,073,627 | 47,747,140 | 34,817,779 |
Financial income/costs | 7,740,515 | 8,145,750 | 4,004,189 | 1,138,730 |
Profit before tax | 23,629,451 | 50,219,377 | 51,751,329 | 35,956,509 |
Total tax & extraordinary income/cost | 5,254,051 | 10,944,846 | 11,441,134 | 7,929,288 |
Annual Total Result | 18,375,400 | 39,274,531 | 40,310,195 | 28,027,221 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 52,295,688 | 49,798,642 | 44,619,746 | 48,064,596 |
Total current assets | 219,893,231 | 354,099,761 | 453,583,405 | 251,155,708 |
Total assets | 272,188,920 | 403,898,403 | 498,203,151 | 299,220,304 |
Short term debt | 139,952,309 | 243,693,011 | 339,056,378 | 181,069,400 |
Long term debt | 39,779,808 | 73,504,950 | 79,374,594 | 47,467,822 |
Total liabilities | 179,732,117 | 317,197,961 | 418,430,973 | 228,537,222 |
Contributed capital | 73,506,999 | 73,506,999 | 73,506,999 | 56,120,743 |
Retained earnings | 18,949,805 | 13,193,444 | 6,265,180 | 14,562,339 |
Total equity | 92,456,803 | 86,700,442 | 79,772,178 | 70,683,082 |
Total equity and liabilities | 272,188,920 | 403,898,403 | 498,203,151 | 299,220,304 |
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