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T

TVEITELVA KRAFTVERK AS991 230 580

Energy production
Limited company
Lønningsåsen 2 5417 STORD, Norge
Power supply
/ Energy production
/ 35.111 Production of electricity through water power

TVEITELVA KRAFTVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO
HM

Hege Myhre Willemsen Økland1975

Chairman of the board
SD

Svein Dale Soleng1986

Years since formation
18 years
since May 16, 2007
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
15,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
4,543,537
NOK
Annual total result 2024
-136,040
NOK
Total equity 2024
2,560,546
NOK
Last update: Apr 19, 2025

Management

Management / administration

NameRoleShares
HM

Hege Myhre Willemsen Økland

1975

Managing Director/CEO-

Board

NameRoleShares
NF

Nils Flatebø

1948

Board Member-
JM

John Martin Mjånes

1975

Alternate Member-
ØF

Øystein Flatebø

1982

Observer, Observer, Alternate Member-
KH

Kjetil Harestad

1965

Alternate Member-
HM

Hege Myhre Willemsen Økland

1975

Deputy Chair-
SD

Svein Dale Soleng

1986

Chairman-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: Sep 4, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
SUNNHORDLAND KRAFTLAG AS
Ordinary shares
15,000
100 %
Last update: May 24, 2024

Group structure

  • HAUGALAND KRAFT AS
    Total operating income 2023: NOK 195,337,000
    Operating profit 2023: NOK -13,686,000
    Employees: 110

Financials

in NOK

Summary

Year2024202320222021
Total operating income
4,543,537
5,680,200
16,009,139
4,455,782
Annual Total Result
-136,040
-266,752
3,928,139
-10,307,184
Total assets
24,623,862
24,493,173
24,372,153
28,821,549
Total liabilities
22,063,316
21,796,587
21,408,815
29,786,352
Total equity
2,560,546
2,696,586
2,963,338
-964,803

P&L

Year2024202320222021
Total operating income
4,543,537
5,680,200
16,009,139
4,455,782
Total operating costs
3,361,910
4,744,589
9,998,636
17,131,800
Operating result
1,181,627
935,611
6,010,503
-12,676,018
Financial income/costs
-1,354,627
-1,208,777
-974,427
-538,321
Profit before tax
-173,000
-273,166
5,036,076
-13,214,339
Total tax & extraordinary income/cost
-36,960
-6,414
1,107,937
-2,907,155
Annual Total Result
-136,040
-266,752
3,928,139
-10,307,184

Balance overview

Year2024202320222021
Total fixed assets
22,765,395
22,415,826
23,309,712
25,317,949
Total current assets
1,858,466
2,077,347
1,062,441
3,503,600
Total assets
24,623,862
24,493,173
24,372,153
28,821,549
Short term debt
851,471
439,368
960,372
1,812,332
Long term debt
21,211,846
21,357,219
20,448,443
27,974,021
Total liabilities
22,063,316
21,796,587
21,408,815
29,786,352
Contributed capital
19,966,667
19,966,667
19,966,667
19,966,667
Retained earnings
-17,406,121
-17,270,081
-17,003,328
-20,931,470
Total equity
2,560,546
2,696,586
2,963,338
-964,803
Total equity and liabilities
24,623,862
24,493,173
24,372,153
28,821,549

Classification

Category
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