NORSK RENEWABLES AS

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO: TE
Torbjørn Elliot Kirkeby-Garstad1972
Chairman of the board: PV
Pål Selboe Valseth1970
Years since formation: 7 years; since Jun 9, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 16

Ownership

Number of shares and share classes: 75,825,262; 1 share class
Total number of shareholders: 879; 88 companies, 791 persons
Belongs to group of

Financials

Total operating income 2023: 919,908; NOK
Annual total result 2023: -40,594,538; NOK
Total equity 2023: 77,184,709; NOK

Last update: Sep 12, 2024

Management

Management / administration

Name	Role	Shares
TE Torbjørn Elliot Kirkeby-Garstad 1972	Managing Director/CEO	-

Board

Name	Role	Shares
PV Pål Selboe Valseth 1970	Chairman	3.23 % indirectly
KS Kristin Skofteland 1971	Board Member	-
KM Kari Mercedes Campos Johansen De Fremme 1962	Board Member	-
NP Nils Petter Skaset 1974 Resigned	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
J JANSSON & LARSEN REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
LH Lars Helge Helvig 1960	-	29.2 % indirectly
MH Murshid Hugberg-Ali 1984	-	5.32 % indirectly
PB Petter Selvikvåg Berge 1986	-	5.01 % indirectly
JH Jonas Helvig 1990	-	4.8 % indirectly
LH Lars Henning Helvig 1988	-	4.8 % directly 0.02 % indirectly 4.78 %
EH Edvard Helvig 1992	-	4.8 % directly 0.02 % indirectly 4.78 %
MS Maria Sol Helvig 1998	-	4.78 % indirectly
SH Simon Helvig 1994	-	4.78 % indirectly
PV Pål Selboe Valseth 1970	Chairman	3.23 % indirectly

Last update: Feb 8, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
V VALINOR AS	NO0010941925	40,253,821	53.09 %
BA Bank Pictet Cie Europe Ag	NO0010941925	4,978,194	6.57 %
B BERKER GROUP AS	NO0010941925	4,035,575	5.32 %
A AEGA INVESTMENTS AS	NO0010941925	3,989,170	5.26 %
F FREMT AS	NO0010941925	3,796,363	5.01 %
N NORDIC ESG AND IMPACT INFRASTRUCTURE AS	NO0010941925	2,631,578	3.47 %
R RØROS KOBBERVERK AS	NO0010941925	2,448,120	3.23 %
BC Bank Caceis	NO0010941925	1,590,536	2.1 %
A AUSTAVIND AS	NO0010941925	1,102,631	1.45 %
H HELGØ INVEST AS	NO0010941925	1,000,000	1.32 %
E ELITRO AS	NO0010941925	528,105	0.7 %
E ENERGY INVESTORS AS	NO0010941925	517,945	0.68 %
T TORALL AS	NO0010941925	438,274	0.58 %
4 4083 INVEST AS	NO0010941925	429,690	0.57 %
S SOFFUMBERGO AS	NO0010941925	400,407	0.53 %
I IKM GRUPPEN AS	NO0010941925	399,861	0.53 %
C CARL J AMUNDSEN AS	NO0010941925	383,250	0.51 %
D DB INVEST AS	NO0010941925	355,000	0.47 %
A ASBJØRN BREKK AS	NO0010941925	339,738	0.45 %
P PROSPERO AS	NO0010941925	260,000	0.34 %
N NORDNET LIVSFORSIKRING AS	NO0010941925	257,813	0.34 %
BN Bank Ab Nordnet	NO0010941925	218,707	0.29 %
R ROGALAND EKSPORTUTVIKLING AS	NO0010941925	210,526	0.28 %
R RUMLESKAFT AS	NO0010941925	195,500	0.26 %
BN Bank Abp Nordea	NO0010941925	192,554	0.25 %
EW Erik Wahlstrøm 1946	NO0010941925	182,376	0.24 %
C Clearstream Banking S.a.	NO0010941925	166,781	0.22 %
G GNEISVEIEN 12 AS	NO0010941925	154,855	0.2 %
HC Helga Cotgrove 1967	NO0010941925	137,480	0.18 %
B BAI AS	NO0010941925	108,270	0.14 %
BC Bendik Christian Brinchmann 1984	NO0010941925	100,055	0.13 %
SS Sigurd Emil Strand 1997	NO0010941925	98,261	0.13 %
EC Erlend Monge Christoffersen 1983	NO0010941925	80,980	0.11 %
H HEGRE INVEST AS	NO0010941925	80,800	0.11 %
JR Jose Rafael Cola 1985	NO0010941925	78,125	0.1 %
SB Securities Europe Sa Bofa	NO0010941925	75,007	0.1 %
JA Jon Are Havin Beukes 1968	NO0010941925	75,000	0.1 %
K KVERNELAND INDUSTRIER AS	NO0010941925	56,945	0.08 %
JP John Peter Viio 1966	NO0010941925	56,500	0.07 %
BA Bank Ab Avanza	NO0010941925	54,486	0.07 %
BU Brit Synnøve Utsola 1954	NO0010941925	53,062	0.07 %
OM Ole Marius Slettjord Simensen 1991	NO0010941925	50,050	0.07 %
EC Eric Cato Willassen 1965	NO0010941925	50,000	0.07 %
TB Tom Erik Bjørkhaug 1975	NO0010941925	50,000	0.07 %
RO Ronald Hopperstad Olsen 1976	NO0010941925	50,000	0.07 %
D DELFIN INVEST AS	NO0010941925	50,000	0.07 %
GA Gudmund André Kallevik 1982	NO0010941925	50,000	0.07 %
MK Marek Kopec 1966	NO0010941925	47,000	0.06 %
JE Jørn Arne Elisenberg 1961	NO0010941925	41,808	0.06 %
OG Ola Gunnar Hildrum Sveine 1982	NO0010941925	40,892	0.05 %
J JAIJA AS	NO0010941925	38,000	0.05 %
GL Gunnar Laugen 1946	NO0010941925	38,000	0.05 %
O ODOACER AS	NO0010941925	37,064	0.05 %
Ø ØLV HOLDING AS	NO0010941925	36,903	0.05 %
KA Kjetil Andersen 1972	NO0010941925	35,000	0.05 %
JS Jan Sverre Lauritzen 1951	NO0010941925	34,000	0.04 %
O OLE AS	NO0010941925	33,164	0.04 %
KD Kai Detlev Michaelsen 1965	NO0010941925	32,000	0.04 %
ØS Øyvind Sirevaag 1962	NO0010941925	31,654	0.04 %
H HVIZ AS	NO0010941925	31,271	0.04 %
FE Finn Erik Torall 1955	NO0010941925	31,220	0.04 %
GC Göran Carl Thomas Ahl 1967	NO0010941925	31,203	0.04 %
TT Tin Trung Thi Tran 1973	NO0010941925	31,000	0.04 %
HM Harry Mellemsæther 1944	NO0010941925	30,000	0.04 %
B BKRAFT HOLDING AS	NO0010941925	30,000	0.04 %
HT Helge Tveitan 1961	NO0010941925	30,000	0.04 %
B BGB INVEST AS	NO0010941925	30,000	0.04 %
JV Jarle Våge 1943	NO0010941925	30,000	0.04 %
N NORNE SECURITIES AS	NO0010941925	29,500	0.04 %
E ELING AS	NO0010941925	27,401	0.04 %
JA John Amund Lund 1983	NO0010941925	26,315	0.03 %
C CALOR AS	NO0010941925	26,315	0.03 %
AD Abha Dudhraj 1990	NO0010941925	26,018	0.03 %
TE Tor Eirik Toft Rasmussen 1986	NO0010941925	25,889	0.03 %
ØH Øystein Angelskår Haga 1987	NO0010941925	25,833	0.03 %
JB Johny Blom 1956	NO0010941925	25,649	0.03 %
SD Sverre Dahle 1976	NO0010941925	24,900	0.03 %
MJ Morgan Se Jp	NO0010941925	24,069	0.03 %
TK Tor-Martin Kvalsund 1971	NO0010941925	21,500	0.03 %
BK Bank Nv Kbc	NO0010941925	20,960	0.03 %
A AHLQVIST INVEST AS	NO0010941925	20,930	0.03 %
R RIBA KRISTIANSAND HOLDING AS	NO0010941925	20,001	0.03 %
KO Karl Oskar Knudsen 1965	NO0010941925	20,000	0.03 %
F FLIRGOTT AS	NO0010941925	20,000	0.03 %
HP Helge Pedersen 1962	NO0010941925	20,000	0.03 %
EN Eirik Nilsen 1974	NO0010941925	20,000	0.03 %
JT John Trygve Lien 1962	NO0010941925	20,000	0.03 %
SU Switzerland Ag Ubs	NO0010941925	20,000	0.03 %
BN Berit Moe Nyberg 1950	NO0010941925	20,000	0.03 %
JV Jo Krogstad Valseth 1981	NO0010941925	20,000	0.03 %
ØO Øyvind Osen 1977	NO0010941925	19,220	0.03 %
JF Jan Magne Faltinsen 1950	NO0010941925	18,332	0.02 %
L LENRIK HOLDING AS	NO0010941925	18,332	0.02 %
NA Nils-Kristian Alvestad 1978	NO0010941925	18,330	0.02 %
M M. SVELA HOLDING AS	NO0010941925	16,894	0.02 %
KT Kristoffer Jowett Tjensvoll 1981	NO0010941925	16,382	0.02 %
TC Tor Christian Eugen Nome 1983	NO0010941925	16,000	0.02 %
RR Randi Risa 1979	NO0010941925	15,723	0.02 %
HS Handelsbanken Ab Svenska	NO0010941925	15,535	0.02 %
SS Su Rong Steel 1962	NO0010941925	15,479	0.02 %

Shares owned by the NORSK RENEWABLES AS

Name	Share class	Number of shares	Share
N NORSK SOLAR EPC AS	Ordinary shares	60,000	100 %
N NORDIC IMPACT COOPERATION AS	Ordinary shares	76,000	33.93 %

Last update: May 24, 2024

Group structure

VALINOR AS
Total operating income 2022: NOK 1,686,000
Operating profit 2022: NOK -13,835,228
Employees: 8

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	919,908	1,716,678	36,408,477
Annual Total Result	-40,594,538	-51,388,463	-27,622,876
Total assets	155,074,222	168,819,279	183,952,390
Total liabilities	77,889,513	51,044,327	14,795,228
Total equity	77,184,709	117,774,953	169,157,162

P&L

Year	2023	2022	2021
Total operating income	919,908	1,716,678	36,408,477
Total operating costs	43,214,773	44,566,341	66,041,475
Operating result	-42,294,865	-42,849,663	-29,632,998
Financial income/costs	1,746,121	-8,404,896	2,422,275
Profit before tax	-40,548,745	-51,254,559	-27,210,723
Total tax & extraordinary income/cost	45,793	133,904	412,153
Annual Total Result	-40,594,538	-51,388,463	-27,622,876

Balance overview

Year	2023	2022	2021
Total fixed assets	97,222,990	85,464,945	77,162,854
Total current assets	57,851,231	83,354,334	106,789,536
Total assets	155,074,222	168,819,279	183,952,390
Short term debt	54,389,513	8,544,327	9,793,641
Long term debt	23,500,000	42,500,000	5,001,587
Total liabilities	77,889,513	51,044,327	14,795,228
Contributed capital	77,184,709	117,774,953	169,157,162
Retained earnings	0	0	0
Total equity	77,184,709	117,774,953	169,157,162
Total equity and liabilities	155,074,222	168,819,280	183,952,390

NORSK RENEWABLES AS819 113 912

NORSK RENEWABLES AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the NORSK RENEWABLES AS

Group structure

Financials

Summary

P&L

Balance overview

Classification