VASSNES POWER AS
Vassnes Solutions AS | Electro Installation
Vassnes Solutions AS is a company with experience in marine and offshore market. We attach importance to leadership, planning and quality to accomplish the high
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Organization
- CEO
- JA
- Chairman of the board
- Years since formation
- 13 years
- since Sep 25, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 268
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 205,496,558
- NOK
- Annual total result 2024
- -4,330,623
- NOK
- Total equity 2024
- -28,484,989
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JA | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
BS | Board Member | - |
| Chairman | - | |
SN 1972 | Observer | - |
HV 1959 | Observer | 29.4 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HV 1959 | Observer | 29.4 % indirectly |
HV 1984 | - | 9.8 % indirectly |
TV 1982 | - | 9.8 % indirectly |
Last update: Sep 11, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,931,063Operating profit 2024: NOK -38,246,676Employees: 8
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 205,496,558 | 72,524,593 | 53,312,242 | 84,089,572 |
Annual Total Result | -4,330,623 | 932,037 | -9,972,658 | -1,512,886 |
Total assets | 37,322,254 | 41,061,964 | 25,138,013 | 40,546,590 |
Total liabilities | 65,807,242 | 49,856,330 | 34,864,416 | 40,300,335 |
Total equity | -28,484,989 | -8,794,366 | -9,726,403 | 246,255 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 205,496,558 | 72,524,593 | 53,312,242 | 84,089,572 |
Total operating costs | 206,828,608 | 71,926,492 | 61,887,641 | 84,800,166 |
Operating result | -1,332,050 | 598,101 | -8,575,400 | -710,594 |
Financial income/costs | -2,998,573 | 333,936 | -723,179 | -802,292 |
Profit before tax | -4,330,623 | 932,037 | -9,298,578 | -1,512,886 |
Total tax & extraordinary income/cost | 0 | 0 | 674,080 | 0 |
Annual Total Result | -4,330,623 | 932,037 | -9,972,658 | -1,512,886 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,477,887 | 1,957,117 | 3,683,008 | 6,082,603 |
Total current assets | 35,844,367 | 39,104,846 | 21,455,005 | 34,463,987 |
Total assets | 37,322,254 | 41,061,964 | 25,138,013 | 40,546,590 |
Short term debt | 64,019,993 | 47,113,279 | 31,204,531 | 35,720,604 |
Long term debt | 1,787,249 | 2,743,051 | 3,659,885 | 4,579,731 |
Total liabilities | 65,807,242 | 49,856,330 | 34,864,416 | 40,300,335 |
Contributed capital | 10,461,570 | 10,461,570 | 10,461,570 | 10,461,570 |
Retained earnings | -38,946,559 | -19,255,936 | -20,187,973 | -10,215,315 |
Total equity | -28,484,989 | -8,794,366 | -9,726,403 | 246,255 |
Total equity and liabilities | 37,322,254 | 41,061,964 | 25,138,013 | 40,546,590 |
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