Organization
- CEO
- Chairman of the board
- Years since formation
- 11 years
- since Oct 22, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 600,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 24,600,982
- NOK
- Annual total result 2024
- -20,818,066
- NOK
- Total equity 2024
- 364,717,359
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - | |
MD | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jun 1, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 600,000 | 100 % |
Shares owned by the NORDIC POWER AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 218,858 | 99.48 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 28,063,982Operating profit 2024: NOK 8,249,808Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,600,982 | 19,029,842 | 25,207,586 | 38,483,734 |
Annual Total Result | -20,818,066 | -18,266,075 | -10,690,456 | -31,081,412 |
Total assets | 560,506,838 | 601,763,579 | 626,781,363 | 639,759,946 |
Total liabilities | 195,789,478 | 217,538,052 | 199,090,632 | 208,596,978 |
Total equity | 364,717,359 | 384,225,526 | 427,690,731 | 431,162,968 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,600,982 | 19,029,842 | 25,207,586 | 38,483,734 |
Total operating costs | 36,495,033 | 35,652,391 | 36,076,305 | 37,409,639 |
Operating result | -11,894,052 | -16,622,548 | -10,868,719 | 1,074,094 |
Financial income/costs | -12,453,405 | -6,788,829 | -2,830,326 | -32,840,402 |
Profit before tax | -24,347,457 | -23,411,377 | -13,699,045 | -31,766,308 |
Total tax & extraordinary income/cost | -3,529,391 | -5,145,302 | -3,008,589 | -684,896 |
Annual Total Result | -20,818,066 | -18,266,075 | -10,690,456 | -31,081,412 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 525,612,823 | 536,005,202 | 551,602,620 | 559,272,947 |
Total current assets | 34,894,015 | 65,758,377 | 75,178,742 | 80,486,999 |
Total assets | 560,506,838 | 601,763,579 | 626,781,363 | 639,759,946 |
Short term debt | 6,201,764 | 32,423,663 | 9,039,859 | 12,375,725 |
Long term debt | 189,587,715 | 185,114,389 | 190,050,773 | 196,221,253 |
Total liabilities | 195,789,478 | 217,538,052 | 199,090,632 | 208,596,978 |
Contributed capital | 364,717,359 | 384,225,526 | 427,690,731 | 431,162,968 |
Retained earnings | 0 | 0 | 0 | 0 |
Total equity | 364,717,359 | 384,225,526 | 427,690,731 | 431,162,968 |
Total equity and liabilities | 560,506,838 | 601,763,579 | 626,781,363 | 639,759,946 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises