TAFJORD KRAFTPRODUKSJON AS

Operating

Produksjon og omsetning av energi. Utvikling og drift av annen virksomhet, herunder rådgivning, konsulentvirksomhet og tjenesteyting, som har en naturlig tilknytning til nevnte formål. Virksomheten kan også drives i samarbeid med eller ved deltakelse eller eierskap i andre foretak med tilsvarende eller lignende virksomhet.

Produksjon og omsetning av energi samt eie eller delta i annen virkosomhet med naturlig tilknytning.

Organization

CEO: CS
Christian Solevågseide1978
Chairman of the board: EE
Erik Espeset1966
Years since formation: 29 years; since Apr 18, 1997
Type: Limited company
VAT registered: Yes
Number of employees: 51

Ownership

Number of shares and share classes: 41,710; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 686,993,794; NOK
Annual total result 2025: 168,380,495; NOK
Total equity 2025: 837,406,522; NOK

Last update: Jul 21, 2026

Management

Management / administration

Name	Role	Shares
CS Christian Solevågseide 1978	Managing Director/CEO	-

Board

Name	Role	Shares
EE Erik Espeset 1966	Chairman	-
TH Toril Hunstad Christensen 1969	Board Member	-
TS Terje Søvikhagen 1967	Board Member	-
OM Odd Martin Hoel 1988	Board Member	-
MB May Brit Tømmervik 1960	Alternate Member	-
GM Gunn Marte Midtbø Kristiansen 1975	Alternate Member	-
MH Martin Holmeset 1984	Alternate Member	-

Others

Name	Role	Shares
C CEDRA NORGE AS	Auditor	-

Last update: Dec 6, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
T TAFJORD KRAFT AS	Ordinary shares	41,710	100 %

Shares owned by the TAFJORD KRAFTPRODUKSJON AS

Name	Share class	Total number of shares	Share
N NØRDALSJUVA KRAFTVERK AS	Ordinary shares	100	100 %
S STAVÅNA KRAFT AS	Ordinary shares	100	100 %
R RØELVA KRAFT AS	Ordinary shares	100	100 %
F FJORDHAGEN AS	Ordinary shares	700	22.88 %
S SVELGEN KRAFT HOLDING AS	A-shares	406,111	22.67 %
F FJORDFAST AS	Ordinary shares	10,000	21.17 %
V VESTAVIND OFFSHORE AS Closed	Ordinary shares	7,500	15 %
N NORWEGIAN HYDROGEN AS	Ordinary shares	892,851	9.2 %
N NORDENFJELDSKE ENERGI AS	Ordinary shares	55	9.09 %
A ARENA OVERØYE AS	Ordinary shares	15	0.21 %

Last update: Jun 2, 2025

Group structure

TAFJORD KRAFT AS
Total operating income 2024: NOK 54,871,355
Operating profit 2024: NOK -33,752,518
Employees: 33

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	686,993,794	693,288,947	889,897,383	957,632,826	952,859,378
Annual Total Result	168,380,495	162,024,119	278,757,222	220,605,707	135,712,120
Total assets	1,805,432,006	1,642,536,576	1,906,765,126	2,208,535,352	1,966,015,968
Total liabilities	968,025,484	830,429,918	1,124,309,526	1,452,890,653	1,241,657,583
Total equity	837,406,522	812,106,658	782,455,600	755,644,699	724,358,385

P&L

Year	2025	2024	2023	2022	2021
Total operating income	686,993,794	693,288,947	889,897,383	957,632,826	952,859,378
Total operating costs	339,880,451	346,692,966	304,035,828	340,356,400	593,547,086
Operating result	347,113,343	346,595,981	585,861,555	617,276,426	359,312,292
Financial income/costs	-13,928,102	16,330,347	29,388,451	9,568,224	514,972
Profit before tax	333,185,241	362,926,328	615,250,006	626,844,650	359,827,264
Total tax & extraordinary income/cost	164,804,746	200,902,209	336,492,784	406,238,943	224,115,144
Annual Total Result	168,380,495	162,024,119	278,757,222	220,605,707	135,712,120

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	1,542,942,564	1,585,556,496	1,587,519,569	1,617,051,964	1,650,870,890
Total current assets	262,489,442	56,980,080	319,245,557	591,483,388	315,145,078
Total assets	1,805,432,006	1,642,536,576	1,906,765,126	2,208,535,352	1,966,015,968
Short term debt	409,846,071	381,829,789	697,064,236	822,374,514	399,306,173
Long term debt	558,179,413	448,600,129	427,245,290	630,516,139	842,351,410
Total liabilities	968,025,484	830,429,918	1,124,309,526	1,452,890,653	1,241,657,583
Contributed capital	495,670,000	495,670,000	495,670,000	495,670,000	495,670,000
Retained earnings	341,736,522	316,436,658	286,785,600	259,974,699	228,688,385
Total equity	837,406,522	812,106,658	782,455,600	755,644,699	724,358,385
Total equity and liabilities	1,805,432,006	1,642,536,576	1,906,765,126	2,208,535,352	1,966,015,968

Classification

21st company classification

BETA

Industrial large enterprise

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

TAFJORD KRAFTPRODUKSJON AS977 461 898