NORANETT AS
Noranett - Forside
Keywords
operationthe distribution networkmain linesmastsmeterswiring networks
Organization
- CEO
- TM
Tony Molund1980
- Chairman of the board
- EF
Eirik Frantzen1968
- Years since formation
- 21 years
- since Feb 21, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 105
Ownership
- Number of shares and share classes
- 10
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 417,608,897
- NOK
- Annual total result 2023
- 101,014,488
- NOK
- Total equity 2023
- 635,193,699
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TM 1980 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
EF 1968 | Chairman | - |
BE 1967 | Board Member | - |
| Board Member | - | |
KE | Alternate Member | - |
KJ | Alternate Member | - |
CT | Board Member | - |
AM | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Sep 20, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10 | 100 % |
Shares owned by the NORANETT AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 22 | 5.13 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 76,379,000Operating profit 2023: NOK -13,579,000Employees: 34
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 417,608,897 | 362,327,737 | 363,776,491 |
Annual Total Result | 101,014,488 | 49,717,099 | 27,613,937 |
Total assets | 1,633,622,691 | 1,473,964,742 | 1,515,959,858 |
Total liabilities | 998,428,992 | 937,475,677 | 908,466,424 |
Total equity | 635,193,699 | 536,489,066 | 607,493,434 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 417,608,897 | 362,327,737 | 363,776,491 |
Total operating costs | 267,063,531 | 287,629,052 | 319,981,701 |
Operating result | 150,545,366 | 74,698,684 | 43,794,790 |
Financial income/costs | -20,907,435 | -10,842,110 | -8,305,487 |
Profit before tax | 129,637,931 | 63,856,574 | 35,489,304 |
Total tax & extraordinary income/cost | 28,623,443 | 14,139,475 | 7,875,367 |
Annual Total Result | 101,014,488 | 49,717,099 | 27,613,937 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,429,073,056 | 1,306,867,412 | 1,264,954,954 |
Total current assets | 204,549,635 | 167,097,330 | 251,004,904 |
Total assets | 1,633,622,691 | 1,473,964,742 | 1,515,959,858 |
Short term debt | 291,202,339 | 243,240,005 | 249,169,511 |
Long term debt | 707,226,653 | 694,235,671 | 659,296,913 |
Total liabilities | 998,428,992 | 937,475,677 | 908,466,424 |
Contributed capital | 221,360,584 | 176,360,584 | 167,418,193 |
Retained earnings | 413,833,115 | 360,128,482 | 440,075,241 |
Total equity | 635,193,699 | 536,489,066 | 607,493,434 |
Total equity and liabilities | 1,633,622,691 | 1,473,964,742 | 1,515,959,858 |
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
35.13
Industrial group
Distribution of electricity
35.130
Industrial group
Distribution of electricity