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V

VALEN KRAFTVERK AS985 383 820

Energy production
Limited company
c/o Kvinnherad Energi AS Skålagato 50 5470 ROSENDAL, Norge

VALEN KRAFTVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO
Chairman of the board
Years since formation
21 years
since Feb 12, 2003
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
10,000
1 share class

Financials

Total operating income 2023
17,852,457
NOK
Annual total result 2023
9,513,097
NOK
Total equity 2023
67,691,345
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-

Others

NameRoleShares
B
BDO AS
Auditor-
K
KONTI AS
Accountant-
Last update: Sep 17, 2024

Ownership

No available data

Financials

in NOK

Summary

Year202320222021
Total operating income
17,852,457
51,750,486
12,052,878
Annual Total Result
9,513,097
34,707,941
5,045,987
Total assets
98,582,247
137,329,523
87,068,275
Total liabilities
30,890,902
79,151,275
63,597,968
Total equity
67,691,345
58,178,247
23,470,306

P&L

Year202320222021
Total operating income
17,852,457
51,750,486
12,052,878
Total operating costs
5,303,139
5,039,401
4,077,448
Operating result
12,549,318
46,711,085
7,975,430
Financial income/costs
-324,704
-2,212,562
-1,506,216
Profit before tax
12,224,614
44,498,524
6,469,214
Total tax & extraordinary income/cost
2,711,517
9,790,583
1,423,227
Annual Total Result
9,513,097
34,707,941
5,045,987

Balance overview

Year202320222021
Total fixed assets
85,687,336
87,421,117
86,747,454
Total current assets
12,894,911
49,908,406
320,821
Total assets
98,582,247
137,329,523
87,068,275
Short term debt
5,890,902
13,040,425
14,642,218
Long term debt
25,000,000
66,110,850
48,955,750
Total liabilities
30,890,902
79,151,275
63,597,968
Contributed capital
10,090,289
10,090,289
10,090,289
Retained earnings
57,601,056
48,087,958
13,380,017
Total equity
67,691,345
58,178,247
23,470,306
Total equity and liabilities
98,582,247
137,329,523
87,068,274

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
35.11
Industrial group
Production of electricity
35.111
Industrial group
Production of electricity through water power