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KYSTNETT AS

KYSTNETT AS923 152 601

Energy distribution
Limited company
Strandveien 2 8276 ULVSVÅG, Norge

KYSTNETT AS

Nytt fra nett

Keywords

operationthe distribution networkmain linesmastsmeterswiring networks

Links

Organization

Chairman of the board
Years since formation
5 years
since Aug 1, 2019
Type
Limited company
VAT registered
Yes
Number of employees
42

Ownership

Number of shares and share classes
70,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
141,331,980
NOK
Annual total result 2023
21,219,169
NOK
Total equity 2023
301,490,270
NOK
Last update: Oct 14, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Alternate Member-
Alternate Member-
Board Member-
Alternate Member-
Deputy Chair-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Alternate Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Oct 10, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
N
Ordinary shares
70,000
100 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year202320222021
Total operating income
141,331,980
134,302,781
141,601,504
Annual Total Result
21,219,169
25,632,527
17,444,699
Total assets
457,450,845
428,945,782
428,188,857
Total liabilities
155,960,575
136,980,438
141,222,915
Total equity
301,490,270
291,965,345
286,965,943

P&L

Year202320222021
Total operating income
141,331,980
134,302,781
141,601,504
Total operating costs
111,619,069
100,812,812
118,354,979
Operating result
29,712,911
33,489,969
23,246,525
Financial income/costs
-2,452,011
-588,270
-846,121
Profit before tax
27,260,900
32,901,699
22,400,403
Total tax & extraordinary income/cost
6,041,731
7,269,172
4,955,704
Annual Total Result
21,219,169
25,632,527
17,444,699

Balance overview

Year202320222021
Total fixed assets
365,730,701
343,267,757
341,288,553
Total current assets
91,720,144
85,678,025
86,900,304
Total assets
457,450,845
428,945,782
428,188,857
Short term debt
78,343,581
66,212,294
78,127,735
Long term debt
77,616,994
70,768,144
63,095,180
Total liabilities
155,960,575
136,980,438
141,222,915
Contributed capital
277,349,988
277,349,988
277,349,988
Retained earnings
24,140,282
14,615,357
9,615,955
Total equity
301,490,270
291,965,345
286,965,943
Total equity and liabilities
457,450,845
428,945,782
428,188,857

Classification

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