ARENDALS FOSSEKOMPANI ASA

Operating

Har til formål gjennom egen produksjon, deltagelse i utbygging, kjøp eller leie, å nyttiggjøre eller omsette elektrisk kraft, samt å drive eller delta direkte eller indirekte i annen industriell virksomhet eller forretningsforetak, herunder in- vesteringer i fast eiendom.

Organization

CEO: BK
Benjamin Kristoffer Golding1980
Chairman of the board: TØ
Trond Ødegård Westlie1961
Years since formation: 30 years; since Mar 12, 1995
Type: Public limited company
VAT registered: Yes
Number of employees: 43

Ownership

Number of shares and share classes: 55,995,250; 1 share class
Total number of shareholders: 4681; 375 companies, 4,306 persons
Belongs to group of

Financials

Total operating income 2024: 377,162,000; NOK
Annual total result 2024: 2,423,348,000; NOK
Total equity 2024: 5,267,102,000; NOK

Last update: Oct 15, 2025

Management

Management / administration

Name	Role	Shares
BK Benjamin Kristoffer Golding 1980	Managing Director/CEO	-

Board

Name	Role	Shares
TØ Trond Ødegård Westlie 1961	Chairman	-
MS Morten Sigval Bergesen 1974	Deputy Chair	-
DJ Didrik Johannes Vigsnæs 1966	Board Member	-
AG Anne Grethe Dalane 1960	Board Member	-
LL Lise Lindbäck 1970	Board Member	-
SR Stine Rolstad Brenna 1965	Board Member	-
AN Arild Nysæther 1971	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TM Trine Must 1971	-	12.74 % directly 0.32 % indirectly 12.42 %
EC Erik Christian Must 1973	-	12.74 % directly 0.32 % indirectly 12.41 %
MS Morten Sigval Bergesen 1951	-	11.5 % indirectly
CU Cathrine Ulrichsen 1968	-	7.23 % indirectly
CB Charlotte Bergesen 1971	-	4.25 % indirectly
HB Henrik Bergesen 1982	-	4.25 % indirectly
HU Henrik Ulrichsen Svendsen 1999	-	3.82 % directly < 0.01 % indirectly 3.8 %
CU Caroline U Svendsen 2003	-	3.81 % directly < 0.01 % indirectly 3.8 %
KC Kjell Christian Ulrichsen 1944	-	2.52 % indirectly
RB Ragnhild Bergesen 1949	-	1.77 % indirectly

Last update: May 28, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
U ULFOSS INVEST AS	NO0003572802	14,709,875	26.27 %
H HAVFONN AS	NO0003572802	14,567,900	26.02 %
M MUST INVEST AS	NO0003572802	14,106,225	25.19 %
A ARENDALS FOSSEKOMPANI ASA	NO0003572802	1,058,832	1.89 %
S SVANHILD OG ARNE MUSTS FOND FOR MEDISINSK FORSKNING STI	NO0003572802	657,225	1.17 %
F FOLKETRYGDFONDET	NO0003572802	473,060	0.84 %
F FABULOUS AS	NO0003572802	453,853	0.81 %
PJ Per-Dietrich Johansen 1939	NO0003572802	375,375	0.67 %
F FONDSFINANS PENSJONSKASSE	NO0003572802	356,228	0.64 %
F FLØTEMARKEN AS	NO0003572802	323,671	0.58 %
EB Erik Bøhler 1948	NO0003572802	280,100	0.5 %
S SVERRE VALVIK AS	NO0003572802	266,000	0.48 %
B BØHLER INVEST AS	NO0003572802	265,000	0.47 %
AO Aksel Oland 1965	NO0003572802	237,994	0.43 %
R ROPERN AS	NO0003572802	237,478	0.42 %
AA Annelise Altenburg Must 1944	NO0003572802	216,675	0.39 %
O OTTERSLAND AS	NO0003572802	200,000	0.36 %
TM Trine Must 1971	NO0003572802	180,000	0.32 %
EC Erik Christian Must 1973	NO0003572802	180,000	0.32 %
F FALCK FRÅS AS	NO0003572802	170,000	0.3 %
C Cat Invest 1 AS	NO0003572802	161,792	0.29 %
EM Else Monica Campbell 1964	NO0003572802	154,435	0.28 %
V VERDIPAPIRFONDET KLP AKSJENORGE INDEKS	NO0003572802	134,515	0.24 %
F FONDSFINANS UTDANNELSESFOND STI	NO0003572802	118,500	0.21 %
NC Na Citibank	NO0003572802	104,759	0.19 %
V VERDIPAPIRFONDET DNB NORGE INDEKS	NO0003572802	104,712	0.19 %
B BY BRUG AS	NO0003572802	103,000	0.18 %
A AS BJØRN INVESTOR	NO0003572802	100,000	0.18 %
CB Clearstream Banking S.a.	NO0003572802	95,367	0.17 %
A AUBERT INVEST AS	NO0003572802	92,925	0.17 %
H HØSE AS	NO0003572802	79,680	0.14 %
EG Erik Gran 1948	NO0003572802	76,000	0.14 %
JT Jan Torgersen 1951	NO0003572802	72,300	0.13 %
K KOMMUNAL LANDSPENSJONSKASSE GJENSIDIG FORSIKRINGSSELSKAP	NO0003572802	67,383	0.12 %
S SKIBS AS VARP	NO0003572802	66,750	0.12 %
F FOLLUM INVEST AS	NO0003572802	65,000	0.12 %
KE Karen Elisabeth Andenæs 1967	NO0003572802	62,100	0.11 %
H HOLTA & CO. AS Closed	NO0003572802	51,550	0.09 %
G GOLDING INVEST AS	NO0003572802	50,999	0.09 %
V VERDIPAPIRFONDET ALFRED BERG INDEKS	NO0003572802	50,659	0.09 %
V VERDIPAPIRFONDET STOREBRAND INDEKS - NORGE	NO0003572802	48,503	0.09 %
V VERDIPAPIRFONDET STOREBRAND NORGE HORISONT	NO0003572802	46,345	0.08 %
H HØGDA AS	NO0003572802	44,837	0.08 %
V VEDELER AS	NO0003572802	40,000	0.07 %
H HEC-VEST AS	NO0003572802	39,474	0.07 %
A ATH INVEST 2 AS	NO0003572802	39,172	0.07 %
SE Svein Erik Amundsen 1943	NO0003572802	37,750	0.07 %
IC Ida Christine Blom 1961	NO0003572802	35,000	0.06 %
BA Bank Ab Avanza	NO0003572802	33,059	0.06 %
HC Henning Chr Blom 1961	NO0003572802	33,000	0.06 %
JM Jens Martin Dalen 1935	NO0003572802	32,300	0.06 %
C CISSONE AS	NO0003572802	32,144	0.06 %
JR Jenny Reilstad 1963	NO0003572802	31,575	0.06 %
AM Aase Martha Bøe 1939	NO0003572802	30,775	0.05 %
PG Petter Gregor Rasmussen 1971	NO0003572802	30,000	0.05 %
TC Thomas Cæsar Bang 1953	NO0003572802	28,800	0.05 %
AA Andenæs Axelsen Kristian 2006	NO0003572802	27,725	0.05 %
TA Tuva Andenæs Axelsen 2003	NO0003572802	27,675	0.05 %
IA Ida Andenæs Axelsen 2001	NO0003572802	27,675	0.05 %
OR Olav Reilstad 1965	NO0003572802	27,325	0.05 %
M MESSMER INVEST AS	NO0003572802	25,000	0.04 %
TG Tore Gundersen 1939	NO0003572802	25,000	0.04 %
TR Thor Romedal Gabrielsen 1948	NO0003572802	25,000	0.04 %
JM Johan Mohn 1954	NO0003572802	24,937	0.04 %
JR Jørgen Roll-Hansen 1947	NO0003572802	24,850	0.04 %
S SOLLI INVEST AS	NO0003572802	23,600	0.04 %
SK Svein Krogsæter 1958	NO0003572802	23,021	0.04 %
N NORDNET LIVSFORSIKRING AS	NO0003572802	22,530	0.04 %
F FJORD HOLDING AS	NO0003572802	22,350	0.04 %
GE George Emil Aubert 1960	NO0003572802	22,125	0.04 %
AA Annette Aubert 1963	NO0003572802	22,100	0.04 %
KD Knut Dessingthon 1932	NO0003572802	21,850	0.04 %
TB The Bank Of New York Mellon Sa/Nv	NO0003572802	21,166	0.04 %
LG Lars Gunnar Johansson 1969	NO0003572802	20,500	0.04 %
E EXCESSION AS	NO0003572802	20,000	0.04 %
E ETCONA AS	NO0003572802	19,412	0.03 %
JE Jon Erik Schultz 1941	NO0003572802	19,000	0.03 %
PM Per Martin Solvang 1941	NO0003572802	18,900	0.03 %
K KARL SIVERT SUNDE AS	NO0003572802	18,592	0.03 %
BK Birger Knudtzon 1936	NO0003572802	18,550	0.03 %
TH Tor Hermansen 1941	NO0003572802	18,480	0.03 %
SB Sissel Bergwitz-Larsen 1964	NO0003572802	18,007	0.03 %
EK Eli Karin Torgersen 1939	NO0003572802	18,000	0.03 %
PH Per Harald Oeding 1943	NO0003572802	17,875	0.03 %
A AUGUST RINGVOLD AGENTUR AS	NO0003572802	17,343	0.03 %
A ATH INVEST AS	NO0003572802	17,000	0.03 %
R RUTH KARIN HOLTA HOLDING AS	NO0003572802	16,985	0.03 %
D DAMGLØTT AS	NO0003572802	16,978	0.03 %
KO Kristin Oeding 1949	NO0003572802	16,740	0.03 %
TB Tore Bjørn Ugland 1937	NO0003572802	15,850	0.03 %
GG Grim Gadeholt 1959	NO0003572802	15,800	0.03 %
O OAVIK INVEST AS	NO0003572802	15,637	0.03 %
F FERNHEIM AS	NO0003572802	15,019	0.03 %
KB Kari Bergwitz-Larsen 1961	NO0003572802	15,000	0.03 %
BW Bjørn Wold 1945	NO0003572802	15,000	0.03 %
IR Inger Raknerud 1942	NO0003572802	15,000	0.03 %
GL Gunnar Line 1956	NO0003572802	15,000	0.03 %
KL Kristine Landmark 1954	NO0003572802	14,800	0.03 %
P POLLEN INVEST AS	NO0003572802	14,733	0.03 %
GT Gerd Toril Deinboll 1955	NO0003572802	14,700	0.03 %

Shares owned by the ARENDALS FOSSEKOMPANI ASA

Name	Share class	Total number of shares	Share
V VERGIA SOLAR AS	Ordinary shares	1,000	100 %
A AFK SMÅKRAFT HOLDING AS	Ordinary shares	1,000	100 %
A AFK TYSKLAND HOLDING AS	Ordinary shares	1,000	100 %
A AFK AMPWELL AS	Ordinary shares	1,000	100 %
A AFK EIENDOM AS	Ordinary shares	100,000	100 %
A ALYTIC AS	Ordinary shares	2,311,422	95.96 %
E ENRX GROUP AS	NO0012578220	5,972,627	95.05 %
T TEKNA HOLDING ASA	NO0010951577	88,530,456	69.46 %
F FARADAY TOPCO AS	Preference shares	2,339,315,911	36.4 %
F FUTURE MATERIALS AS	Ordinary shares	250	20 %
N NORSUN AS Under liquidation	NO0010345010	5,756,163,718	11.5 %
S SKAGERAK CAPITAL IV AS	Ordinary shares	25,200,000	11.45 %
F FLUMILL INVEST AS	Ordinary shares	2,815,744	8.56 %
N NORSE HOLDING AS	NO0010774193	1,000,000	6.6 %
F FROLENDINGEN AS	Ordinary shares	25	3.81 %
B BEYONDER AS	Ordinary shares	112,780	2.7 %
A ARENDALS FOSSEKOMPANI ASA	NO0003572802	1,058,832	1.89 %
V VERD INVESTERING AS	Ordinary shares	52	0.93 %
A ARENDAL BY AS	Ordinary shares	1	0.26 %
M MORROW BATTERIES ASA	NO0012747825	11,641	0.25 %
N NORSE ATLANTIC ASA	NO0012885252	320,625	0.22 %
S SPOTLIO AS	NO0010781560	423,167	0.21 %
K KONGSBERG GRUPPEN ASA	NO0003043309	25,812	< 0.01 %

Last update: Jun 2, 2025

Group structure

ARENDALS FOSSEKOMPANI ASA
Total operating income 2024: NOK 377,162,000
Operating profit 2024: NOK 173,960,000
Employees: 43

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	377,162,000	519,315,000	628,087,000	382,371,000
Annual Total Result	2,423,348,000	211,112,000	604,305,000	1,421,553,000
Total assets	6,390,850,000	4,946,766,000	4,238,145,000	3,628,673,000
Total liabilities	1,123,748,000	1,920,804,000	1,210,780,000	756,885,000
Total equity	5,267,102,000	3,025,962,000	3,027,365,000	2,871,788,000

P&L

Year	2024	2023	2022	2021
Total operating income	377,162,000	519,315,000	628,087,000	382,371,000
Total operating costs	203,202,000	184,604,000	178,590,000	146,866,000
Operating result	173,960,000	334,711,000	449,497,000	235,505,000
Financial income/costs	2,387,685,000	175,220,000	546,957,000	1,345,469,000
Profit before tax	2,561,645,000	509,931,000	996,454,000	1,580,974,000
Total tax & extraordinary income/cost	138,297,000	298,819,000	392,149,000	159,421,000
Annual Total Result	2,423,348,000	211,112,000	604,305,000	1,421,553,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	5,268,383,000	3,623,627,000	2,557,669,000	2,043,270,000
Total current assets	1,122,467,000	1,323,139,000	1,680,476,000	1,585,403,000
Total assets	6,390,850,000	4,946,766,000	4,238,145,000	3,628,673,000
Short term debt	251,149,000	393,850,000	491,675,000	227,848,000
Long term debt	872,599,000	1,526,954,000	719,105,000	529,037,000
Total liabilities	1,123,748,000	1,920,804,000	1,210,780,000	756,885,000
Contributed capital	146,457,000	136,647,000	135,769,000	170,982,000
Retained earnings	5,120,645,000	2,889,315,000	2,891,596,000	2,700,806,000
Total equity	5,267,102,000	3,025,962,000	3,027,365,000	2,871,788,000
Total equity and liabilities	6,390,850,000	4,946,766,000	4,238,145,000	3,628,673,000

Classification

21st company classification

BETA

Industrial mother company

Type of organization

Public limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

ARENDALS FOSSEKOMPANI ASA910 261 525