VALGERMO/GISKEMO KRAFT AS • 893463852 • Ørskog • Electricity, gas, steam and air conditioning supply

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/ Energy production

/ 35.111 Production of electricity through water power

VALGERMO/GISKEMO KRAFT AS

Keywords

generationelectricityhydroturbines

Organization

CEO: TE
Tor Egil Grønningsæter1992
Chairman of the board: PK
Per Kjetil Giskemo1967
Years since formation: 16 years; since Feb 10, 2009
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 11; persons

Financials

Total operating income 2024: 712,281; NOK
Annual total result 2024: -761,714; NOK
Total equity 2024: -3,286,641; NOK

Last update: Jul 5, 2025

Management

Management / administration

Name	Role	Shares
TE Tor Egil Grønningsæter 1992	Managing Director/CEO	-

Board

Name	Role	Shares
PK Per Kjetil Giskemo 1967	Chairman	10 % directly
OI Odd Inge Tøsse 1956	Board Member	4.16 % directly
KF Kristian Fjørtoft 1978	Board Member	10 % directly
HS Hege Sylvia Ringstad 1976	Alternate Member	-
EA Elisabeth Aarset 1978	Alternate Member	-

Others

Name	Role	Shares
Ø ØKONOMISERVICE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
ON Oddny-Lise Nakken 1957	-	16.67 % directly
KF Kristian Fjørtoft 1978	Board Member	10 % directly
PK Per Kjetil Giskemo 1967	Chairman	10 % directly
EG Elling Giskemo Ødegaard 1974	-	10 % directly
JP Jorunn Petra Giskemo 1950	-	10 % directly
IJ Inger J S Grønningsæter 1962	-	10 % directly
HP Hans Petter Jarnes 1970	-	8.34 % directly
KK Kristian Kjøde Aarset 1975	-	8.33 % directly
HS Hege Sylvia Ringstad 1976	-	8.33 % directly
EA Elisabeth Aarset 1978	-	4.17 % directly

Last update: Sep 3, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
ON Oddny-Lise Nakken 1957	Ordinary shares	1,667	16.67 %
EG Elling Giskemo Ødegaard 1974	Ordinary shares	1,000	10 %
PK Per Kjetil Giskemo 1967	Ordinary shares	1,000	10 %
IJ Inger J S Grønningsæter 1962	Ordinary shares	1,000	10 %
JP Jorunn Petra Giskemo 1950	Ordinary shares	1,000	10 %
KF Kristian Fjørtoft 1978	Ordinary shares	1,000	10 %
HP Hans Petter Jarnes 1970	Ordinary shares	834	8.34 %
KK Kristian Kjøde Aarset 1975	Ordinary shares	833	8.33 %
HS Hege Sylvia Ringstad 1976	Ordinary shares	833	8.33 %
EA Elisabeth Aarset 1978	Ordinary shares	417	4.17 %
OI Odd Inge Tøsse 1956	Ordinary shares	416	4.16 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	712,281	792,405	517,069	767,622
Annual Total Result	-761,714	-597,128	-692,932	-250,192
Total assets	9,207,646	9,535,703	9,856,611	10,525,641
Total liabilities	12,494,287	12,060,630	11,784,410	11,760,508
Total equity	-3,286,641	-2,524,927	-1,927,799	-1,234,867

P&L

Year	2024	2023	2022	2021
Total operating income	712,281	792,405	517,069	767,622
Total operating costs	631,970	642,397	715,832	706,046
Operating result	80,311	150,007	-198,763	61,576
Financial income/costs	-842,025	-747,135	-494,170	-311,768
Profit before tax	-761,714	-597,128	-692,932	-250,192
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-761,714	-597,128	-692,932	-250,192

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	9,145,200	9,483,750	9,822,300	10,160,850
Total current assets	62,446	51,953	34,311	364,791
Total assets	9,207,646	9,535,703	9,856,611	10,525,641
Short term debt	650,218	422,631	318,102	184,564
Long term debt	11,844,069	11,637,998	11,466,308	11,575,944
Total liabilities	12,494,287	12,060,630	11,784,410	11,760,508
Contributed capital	100,000	100,000	100,000	100,000
Retained earnings	-3,386,641	-2,624,927	-2,027,799	-1,334,867
Total equity	-3,286,641	-2,524,927	-1,927,799	-1,234,867
Total equity and liabilities	9,207,646	9,535,703	9,856,611	10,525,641

Classification

Category

/ Energy production

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

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