VARDAR VANNKRAFT AS
Organization
- CEO
- RO
Robert Olsen1964
- Chairman of the board
- RO
Robert Olsen1964
- Years since formation
- 26 years
- since Sep 25, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 452,064
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 337,006,000
- NOK
- Annual total result 2024
- 77,567,000
- NOK
- Total equity 2024
- 456,229,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RO 1964 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
RO 1964 | Chairman | - |
IB 1968 | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Last update: Dec 18, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 452,064 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 245,822,000Operating profit 2024: NOK 211,176,000Employees: 7
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 337,006,000 | 435,909,000 | 663,671,000 | 275,013,000 |
Annual Total Result | 77,567,000 | 152,025,000 | 221,261,000 | 56,767,000 |
Total assets | 722,852,000 | 1,016,460,000 | 1,108,798,000 | 856,458,000 |
Total liabilities | 266,623,000 | 557,975,000 | 706,854,000 | 379,530,000 |
Total equity | 456,229,000 | 458,485,000 | 401,944,000 | 476,928,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 337,006,000 | 435,909,000 | 663,671,000 | 275,013,000 |
Total operating costs | 88,797,000 | 116,051,000 | 109,684,000 | 78,563,000 |
Operating result | 248,209,000 | 319,858,000 | 553,987,000 | 196,450,000 |
Financial income/costs | -8,922,000 | 40,207,000 | 10,530,000 | -20,349,000 |
Profit before tax | 239,287,000 | 360,065,000 | 564,517,000 | 176,101,000 |
Total tax & extraordinary income/cost | 161,720,000 | 208,040,000 | 343,256,000 | 119,334,000 |
Annual Total Result | 77,567,000 | 152,025,000 | 221,261,000 | 56,767,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 445,652,000 | 447,849,000 | 459,502,000 | 475,155,000 |
Total current assets | 277,200,000 | 568,610,000 | 649,296,000 | 381,303,000 |
Total assets | 722,852,000 | 1,016,460,000 | 1,108,798,000 | 856,458,000 |
Short term debt | 247,127,000 | 546,385,000 | 704,464,000 | 376,317,000 |
Long term debt | 19,496,000 | 11,591,000 | 2,390,000 | 3,213,000 |
Total liabilities | 266,623,000 | 557,975,000 | 706,854,000 | 379,530,000 |
Contributed capital | 369,470,000 | 369,470,000 | 369,470,000 | 369,470,000 |
Retained earnings | 86,759,000 | 89,014,000 | 32,474,000 | 107,458,000 |
Total equity | 456,229,000 | 458,485,000 | 401,944,000 | 476,928,000 |
Total equity and liabilities | 722,852,000 | 1,016,460,000 | 1,108,798,000 | 856,458,000 |
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