NORD-TRØNDELAG ELEKTRISITETSVERK AS • 992462841 • Steinkjer • Electricity, gas, steam and air conditioning supply

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/ Energy production

NORD-TRØNDELAG ELEKTRISITETSVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO: CS
Christian Stav1968
Chairman of the board: JH
Jon Håvard Solum1966
Years since formation: 16 years; since Mar 25, 2008
Type: Limited company
VAT registered: Yes
Number of employees: 81

Ownership

Number of shares and share classes: 100,000; 1 share class
Total number of shareholders: 19; companies
Belongs to group of

Financials

Total operating income 2023: 209,952,000; NOK
Annual total result 2023: 109,231,000; NOK
Total equity 2023: 6,235,222,000; NOK

Last update: Nov 21, 2024

Management

Management / administration

Name	Role	Shares
CS Christian Stav 1968	Managing Director/CEO	-

Board

Name	Role	Shares
JH Jon Håvard Solum 1966	Chairman	-
TE Therese Troset Engan 1978	Deputy Chair	-
BR Bjørn Roald Helmersen 1969	Board Member	-
TU Tor Ulleberg 1959	Board Member	-
HB Hege Brende 1973	Board Member	-
BS Berit Svendsen 1963	Board Member	-
JA John Arve Ellingen 1970	Board Member	-
AS Arne Stene 1971	Alternate Member	-
MH May-Lis Halvorsen-Ringseth 1977	Alternate Member	-
SN Stine Kvalø Nordseth 1982	Board Member	-
HL Håvard Lutdal 1974	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: Apr 24, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
S STEINKJER KOMMUNE	Ordinary shares	15,762	15.76 %
S STJØRDAL KOMMUNE	Ordinary shares	13,260	13.26 %
L LEVANGER KOMMUNE	Ordinary shares	11,341	11.34 %
N NAMSOS KOMMUNE	Ordinary shares	10,111	10.11 %
V VERDAL KOMMUNE	Ordinary shares	8,800	8.8 %
N NÆRØYSUND KOMMUNE	Ordinary shares	6,410	6.41 %
M MERÅKER KOMMUNE	Ordinary shares	4,640	4.64 %
I INDERØY KOMMUNE	Ordinary shares	4,551	4.55 %
N NAMSSKOGAN KOMMUNE	Ordinary shares	4,430	4.43 %
G GRONG KOMMUNE	Ordinary shares	3,960	3.96 %
O OVERHALLA KOMMUNE	Ordinary shares	2,611	2.61 %
I INDRE FOSEN KOMMUNE	Ordinary shares	2,441	2.44 %
R RØYRVIK KOMMUNE	Ordinary shares	2,420	2.42 %
S SNÅSA KOMMUNE	Ordinary shares	2,131	2.13 %
L LIERNE KOMMUNE	Ordinary shares	2,100	2.1 %
F FROSTA KOMMUNE	Ordinary shares	1,861	1.86 %
H HØYLANDET KOMMUNE	Ordinary shares	1,131	1.13 %
F FLATANGER KOMMUNE	Ordinary shares	1,040	1.04 %
L LEKA KOMMUNE	Ordinary shares	1,000	1 %

Shares owned by the NORD-TRØNDELAG ELEKTRISITETSVERK AS

Name	Share class	Number of shares	Share
N NORD-TRØNDELAG EIENDOM AS	Ordinary shares	1,000	100 %
N NTE TELEKOM AS	Ordinary shares	30,000	100 %
N NTE ENERGI AS	Ordinary shares	1,000	100 %
N NTE MARKED AS	Ordinary shares	1,000	100 %
N NTE ELEKTRO AS	Ordinary shares	1,000	100 %
N NTE MONTENEGRO AS	Ordinary shares	1,000	100 %
T TENSIO AS	Ordinary shares	4,000,000	40 %
T T:LAB AS	Ordinary shares	110	29.26 %
M MIDVEST I AS	A-shares	2,832,629	22.36 %
P PRONEO AS	Ordinary shares	250	16.23 %
F FIBORGTANGEN VEKST AS	Ordinary shares	50,000	9.09 %
I INAM AS	Ordinary shares	101	6.2 %

Last update: May 24, 2024

Group structure

NORD-TRØNDELAG ELEKTRISITETSVERK AS
Total operating income 2023: NOK 209,952,000
Operating profit 2023: NOK -34,461,000
Employees: 81

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	209,952,000	212,242,000	194,684,000
Annual Total Result	109,231,000	55,433,000	88,516,000
Total assets	8,212,407,000	9,162,385,000	8,667,618,000
Total liabilities	1,977,185,000	2,866,692,000	2,318,695,000
Total equity	6,235,222,000	6,295,693,000	6,348,923,000

P&L

Year	2023	2022	2021
Total operating income	209,952,000	212,242,000	194,684,000
Total operating costs	244,413,000	236,958,000	217,080,000
Operating result	-34,461,000	-24,716,000	-22,396,000
Financial income/costs	170,499,000	94,020,000	135,824,000
Profit before tax	136,038,000	69,304,000	113,428,000
Total tax & extraordinary income/cost	26,807,000	13,871,000	24,912,000
Annual Total Result	109,231,000	55,433,000	88,516,000

Balance overview

Year	2023	2022	2021
Total fixed assets	7,823,171,000	7,731,905,000	7,917,363,000
Total current assets	389,237,000	1,430,480,000	750,255,000
Total assets	8,212,407,000	9,162,385,000	8,667,618,000
Short term debt	822,219,000	1,644,360,000	1,061,935,000
Long term debt	1,154,967,000	1,222,332,000	1,256,760,000
Total liabilities	1,977,185,000	2,866,692,000	2,318,695,000
Contributed capital	2,301,942,000	2,301,942,000	2,301,942,000
Retained earnings	3,933,280,000	3,993,751,000	4,046,981,000
Total equity	6,235,222,000	6,295,693,000	6,348,923,000
Total equity and liabilities	8,212,407,000	9,162,385,000	8,667,618,000

Classification

Category

/ Energy production

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

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