SVELGFOS AS
Hydro – Industries that matter
Hydro is a leading aluminium and renewable energy company that builds businesses and partnerships for a more sustainable future. We have 33,000 employees in more than 140 locations and 40 countries.
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Organization
- CEO
- PT
Pål Thorud1959
- Chairman of the board
- JH
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 6,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- 4,183
- NOK
- Total equity 2024
- 796,328
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
PT 1959 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JH | Chairman | - |
VF 1973 | Board Member | - |
ES 1967 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Apr 24, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 6,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 89,000,000Operating profit 2024: NOK -907,000,000Employees: 419
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 4,183 | -21,167 | 9,865 | -20,000 |
Total assets | 797,461 | 805,451 | 805,313 | 792,000 |
Total liabilities | 1,133 | 13,306 | 13,000 | 0 |
Total equity | 796,328 | 792,145 | 792,313 | 792,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 32,776 | 59,766 | 2,164 | 29,000 |
Operating result | -32,776 | -59,766 | -2,164 | -29,000 |
Financial income/costs | 38,092 | 32,599 | 15,029 | 4,000 |
Profit before tax | 5,316 | -27,167 | 12,865 | -25,000 |
Total tax & extraordinary income/cost | 1,133 | -6,000 | 3,000 | -5,000 |
Annual Total Result | 4,183 | -21,167 | 9,865 | -20,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 797,461 | 805,451 | 805,313 | 792,000 |
Total assets | 797,461 | 805,451 | 805,313 | 792,000 |
Short term debt | 1,133 | 13,306 | 13,000 | 0 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 1,133 | 13,306 | 13,000 | 0 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 766,328 | 762,145 | 762,313 | 762,000 |
Total equity | 796,328 | 792,145 | 792,313 | 792,000 |
Total equity and liabilities | 797,461 | 805,451 | 805,313 | 792,000 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises