VOLLAKVERNFALLET AS • 960760778 • Rosendal • Electricity, gas, steam and air conditioning supply

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/ Energy production

/ 35.111 Production of electricity through water power

VOLLAKVERNFALLET AS

Keywords

generationelectricityhydroturbines

Organization

Chairman of the board: KJ
Knut Johannes Helvik1949
Years since formation: 30 years; since Feb 20, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 900; 1 share class
Total number of shareholders: 2; companies

Financials

Total operating income 2024: 556,468; NOK
Annual total result 2024: -227,703; NOK
Total equity 2024: 22,560; NOK

Last update: Jul 3, 2025

Management

Board

Name	Role	Shares
KJ Knut Johannes Helvik 1949	Contact Person, Chairman	7.5 % indirectly
EH Einar Holsvik 1949	Board Member	12.5 % indirectly
HS Herlaug Skjelnes 1943	Board Member	-

Others

Name	Role	Shares
B BDO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KH Kjetil Helvik 1985	-	33.75 % indirectly
MH Marianne Helvik 1982	-	33.75 % indirectly
EH Einar Holsvik 1949	Board Member	12.5 % indirectly
KJ Knut Johannes Helvik 1949	Contact Person, Chairman	7.5 % indirectly
GE Gunnar Eirik Skjelnes 1949	-	3.73 % indirectly
SM Skjelnes Maud 1945	-	3.73 % indirectly
NS Nils Skjelnes 1964	-	1.66 % indirectly
JS Jostein Skjelnes 1975	-	1.66 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
R ROSENDAL EIGEDOM AS	Ordinary shares	450	50 %
K K E INVEST A/S	Ordinary shares	450	50 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	556,468	1,110,236	2,616,192	799,082
Annual Total Result	-227,703	379,629	1,483,027	207,677
Total assets	1,861,126	1,468,464	3,003,514	1,136,560
Total liabilities	1,838,566	1,218,201	2,732,881	1,548,953
Total equity	22,560	250,263	270,634	-412,394

P&L

Year	2024	2023	2022	2021
Total operating income	556,468	1,110,236	2,616,192	799,082
Total operating costs	683,873	554,543	653,098	473,804
Operating result	-127,405	555,692	1,963,094	325,278
Financial income/costs	-100,298	-52,008	-45,424	-42,422
Profit before tax	-227,703	503,684	1,917,670	282,856
Total tax & extraordinary income/cost	0	124,055	434,643	75,179
Annual Total Result	-227,703	379,629	1,483,027	207,677

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,344,639	963,628	924,128	714,628
Total current assets	516,487	504,836	2,079,386	421,932
Total assets	1,861,126	1,468,464	3,003,514	1,136,560
Short term debt	241,906	525,961	1,800,641	349,541
Long term debt	1,596,660	692,240	932,240	1,199,412
Total liabilities	1,838,566	1,218,201	2,732,881	1,548,953
Contributed capital	108,000	108,000	108,000	108,000
Retained earnings	-85,440	142,263	162,634	-520,394
Total equity	22,560	250,263	270,634	-412,394
Total equity and liabilities	1,861,126	1,468,464	3,003,514	1,136,560

Classification

Category

/ Energy production

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

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