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V

VARDAR VANNKRAFT AS981 104 293

Energy production
Limited company
Øvre Eikervei 14 3048 DRAMMEN, Norge

VARDAR VANNKRAFT AS

Keywords

generationelectricityhydroturbines

Organization

CEO
Chairman of the board
Years since formation
25 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 2023
435,909,000
NOK
Annual total result 2023
152,025,000
NOK
Total equity 2023
458,485,000
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
E
ELVEGRUPPEN REGNSKAP AS
Accountant-
Ø
ØKONOMISENTERET AS
Accountant-
Last update: Dec 18, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
V
VARDAR AS
Ordinary shares
452,064
100 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 907,393,000
    Operating profit 2023: NOK 881,006,000
    Employees: 7

Financials

in NOK

Summary

Year202320222021
Total operating income
435,909,000
663,671,000
275,013,000
Annual Total Result
152,025,000
221,261,000
56,767,000
Total assets
1,016,460,000
1,108,798,000
856,458,000
Total liabilities
557,975,000
706,854,000
379,530,000
Total equity
458,485,000
401,944,000
476,928,000

P&L

Year202320222021
Total operating income
435,909,000
663,671,000
275,013,000
Total operating costs
116,051,000
109,684,000
78,563,000
Operating result
319,858,000
553,987,000
196,450,000
Financial income/costs
40,207,000
10,530,000
-20,349,000
Profit before tax
360,065,000
564,517,000
176,101,000
Total tax & extraordinary income/cost
208,040,000
343,256,000
119,334,000
Annual Total Result
152,025,000
221,261,000
56,767,000

Balance overview

Year202320222021
Total fixed assets
447,849,000
459,502,000
475,155,000
Total current assets
568,610,000
649,296,000
381,303,000
Total assets
1,016,460,000
1,108,798,000
856,458,000
Short term debt
546,385,000
704,464,000
376,317,000
Long term debt
11,591,000
2,390,000
3,213,000
Total liabilities
557,975,000
706,854,000
379,530,000
Contributed capital
369,470,000
369,470,000
369,470,000
Retained earnings
89,014,000
32,474,000
107,458,000
Total equity
458,485,000
401,944,000
476,928,000
Total equity and liabilities
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
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