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N

NITO AS988 926 930

Energy production
Limited company
Sørbygda 3539 FLÅ, Norge

NITO AS

Keywords

generationelectricityhydroturbines

Organization

Chairman of the board
Years since formation
19 years
since Nov 25, 2005
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
2
persons

Financials

Total operating income 2023
6,527,153
NOK
Annual total result 2023
2,688,510
NOK
Total equity 2023
22,176,627
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
50 %
directly

Board

NameRoleShares
Chairman
50 %
directly
Alternate Member
50 %
directly

Others

NameRoleShares
H
HVERVEN REVISJON AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
50 %
directly
Alternate Member
50 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
50
50 %
Ordinary shares
50
50 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year20232022
Total operating income
6,527,153
12,577,251
Annual Total Result
2,688,510
7,419,738
Total assets
32,580,180
43,703,478
Total liabilities
10,403,554
24,215,363
Total equity
22,176,627
19,488,115

P&L

Year20232022
Total operating income
6,527,153
12,577,251
Total operating costs
2,182,743
2,249,411
Operating result
4,344,410
10,327,840
Financial income/costs
-670,514
-815,333
Profit before tax
3,673,896
9,512,507
Total tax & extraordinary income/cost
985,386
2,092,769
Annual Total Result
2,688,510
7,419,738

Balance overview

Year20232022
Total fixed assets
31,046,873
31,752,848
Total current assets
1,533,307
11,950,630
Total assets
32,580,180
43,703,478
Short term debt
1,555,934
3,740,867
Long term debt
8,847,619
20,474,496
Total liabilities
10,403,554
24,215,363
Contributed capital
100,266
100,266
Retained earnings
22,076,361
19,387,849
Total equity
22,176,627
19,488,115
Total equity and liabilities
32,580,180
43,703,478

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
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