JOTUN KRAFTPRODUKSJON AS

Operating

Å drive produksjon av elektrisk energi og annen verksemd som naturleg høyrer til dette, og gjennom denne verksemda: - å sørgje for ei tidsmessig og miljøvenleg energiforsyning med basis i Vang kommune sine ressursar og gode. - å gjennomføre / oppretthalde ei optimal utnytting av dei samla kraftressursar som Vang kommune rår over. - å arbeide for at samla energiressursar i Vang skal nyttast aktivt for å ivareta eksisterande og ny næring. - å drive anna verksemd ved mellom anna å bidra til å fremje næringsutvikling i samsvar med kommunen sine mål.

Kraftproduksjon.

Organization

CEO: TM
Tor Masdal1964
Chairman of the board: LH
Leif Hjalmar Søndrol1956
Years since formation: 6 years; since Sep 8, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 27,646; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 18,462,923; NOK
Annual total result 2025: 9,994,416; NOK
Total equity 2025: 61,192,883; NOK

Last update: Jul 6, 2026

Management

Management / administration

Name	Role	Shares
TM Tor Masdal 1964	Managing Director/CEO	-

Board

Name	Role	Shares
LH Leif Hjalmar Søndrol 1956	Chairman	-
TB Torstein Brekke-Dervola 1981	Board Member	-
BO Bjørn Olav Kjøs 1976	Board Member	-
OM Ole Martin Alfstad 1965	Alternate Member	-
VE Vegard Eltun 1996	Alternate Member	-
MØ Marita Østborg 1978	Alternate Member	-
MH Marit Heier Lajord 1990	Board Member	-
PH Pernille Harket Bakke 1991	Board Member	-
HH Helene Hauge 1986	Board Member	-
EP Ellen Petrine Fretheim 1962	Board Member	-
SJ Solfrid Jordalen Jægersborg 1987	Alternate Member	-

Others

Name	Role	Shares
T TC NEWCO NORWAY IV AS	Auditor	-

Last update: Jul 1, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
J JOTUN HOLDING AS	Ordinary shares	27,646	100 %

Last update: Jun 2, 2025

Group structure

VANG KOMMUNE
Total operating income -: NOK
Operating profit -: NOK
Employees: 434

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	18,462,923	20,218,472	19,891,055	19,278,458	14,384,343
Annual Total Result	9,994,416	11,796,398	12,285,547	11,279,176	8,324,819
Total assets	72,384,560	62,561,949	61,889,978	49,527,693	32,645,788
Total liabilities	11,191,675	9,532,582	18,348,355	18,271,615	11,649,396
Total equity	61,192,883	53,029,368	43,541,625	31,256,078	20,996,391

P&L

Year	2025	2024	2023	2022	2021
Total operating income	18,462,923	20,218,472	19,891,055	19,278,458	14,384,343
Total operating costs	5,801,432	5,234,792	4,081,573	4,830,595	3,712,486
Operating result	12,661,491	14,983,680	15,809,482	14,447,863	10,671,857
Financial income/costs	147,021	144,753	77,552	13,990	988
Profit before tax	12,808,512	15,128,433	15,887,034	14,461,852	10,672,845
Total tax & extraordinary income/cost	2,814,096	3,332,035	3,601,487	3,182,676	2,348,026
Annual Total Result	9,994,416	11,796,398	12,285,547	11,279,176	8,324,819

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	10,890,470	11,233,767	11,720,738	12,207,711	12,420,408
Total current assets	61,494,090	51,328,182	50,169,240	37,319,981	20,225,379
Total assets	72,384,560	62,561,949	61,889,978	49,527,693	32,645,788
Short term debt	10,355,652	8,665,360	17,448,189	17,449,512	10,910,812
Long term debt	836,023	867,222	900,166	822,103	738,584
Total liabilities	11,191,675	9,532,582	18,348,355	18,271,615	11,649,396
Contributed capital	12,128,465	12,128,465	12,128,465	12,128,465	12,128,465
Retained earnings	49,064,418	40,900,903	31,413,160	19,127,613	8,867,926
Total equity	61,192,883	53,029,368	43,541,625	31,256,078	20,996,391
Total equity and liabilities	72,384,558	62,561,950	61,889,980	49,527,693	32,645,788

Classification

21st company classification

BETA

Individual SMB 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

JOTUN KRAFTPRODUKSJON AS925 604 569