VARANGER KRAFT AS • 985188092 • Vadsø • Electricity, gas, steam and air conditioning supply

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/ Energy distribution

VARANGER KRAFT AS

Varanger Kraft - Splash

Keywords

operationthe distribution networkmain linesmastsmeterswiring networks

Links

Organization

CEO: TS
Terje Skansen1961
Chairman of the board: TA
Tor Arne Pedersen1965
Years since formation: 22 years; since Dec 10, 2002
Type: Limited company
VAT registered: Yes
Number of employees: 16

Ownership

Number of shares and share classes: 320; 1 share class
Total number of shareholders: 7; companies
Belongs to group of

Financials

Total operating income 2023: 38,336,000; NOK
Annual total result 2023: 34,568,000; NOK
Total equity 2023: 251,569,000; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
TS Terje Skansen 1961	Managing Director/CEO	-

Board

Name	Role	Shares
TA Tor Arne Pedersen 1965	Chairman	-
HÅ Hege Åse Solbakken 1972	Deputy Chair	-
JH Jon Harald Oldernes 1958	Board Member	-
KR Kristin Rajala 1973	Board Member	-
BJ Bjørn Johansen 1968	Board Member	-
TE Tom Erik Pedersen 1983	Board Member	-
MS Marius Johnsen Støme 1991	Board Member	-
RM Rune Martin Buljo 1980	Alternate Member	-
MH Markus Henrik Jørgensen 1984	Alternate Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
S SØR-VARANGER KOMMUNE	Ordinary shares	100	31.25 %
V VADSØ KOMMUNE	Ordinary shares	70	21.88 %
D DEANU GIELDA / TANA KOMMUNE	Ordinary shares	40	12.5 %
V VARDØ KOMMUNE	Ordinary shares	40	12.5 %
B BÅTSFJORD KOMMUNE	Ordinary shares	30	9.38 %
U UNJARGGA GIELDA / NESSEBY KOMMUNE	Ordinary shares	20	6.25 %
B BERLEVÅG KOMMUNE	Ordinary shares	20	6.25 %

Shares owned by the VARANGER KRAFT AS

Name	Share class	Number of shares	Share
B BARENTS NETT BYGG AS	Ordinary shares	100	100 %
N NH3INVEST AS	Ordinary shares	100	100 %
V VARANGER KRAFTHYDROGEN AS	Ordinary shares	30	100 %
V VARANGER BITW AS	Ordinary shares	3,000	100 %
B BARENTS NETT AS	Ordinary shares	1,874	100 %
P PASVIK KRAFT AS	Ordinary shares	1,009,500	100 %
V VARANGER KRAFTENTREPRENØR AS	Ordinary shares	104	100 %
V VARANGER KRAFTFIBER AS	Ordinary shares	311	100 %
V VARANGER KRAFTMARKED AS	Ordinary shares	1,043	100 %
V VARANGER KRAFTVIND AS	Ordinary shares	510	51 %
A ARCTIC WIND AS	Ordinary shares	49,813	18.95 %
O ORINOR AS	Ordinary shares	4,000	10.08 %
F FINNMARK KRAFT AS	Ordinary shares	750,000	2.07 %

Last update: May 24, 2024

Group structure

VARANGER KRAFT AS
Total operating income 2023: NOK 38,336,000
Operating profit 2023: NOK -11,059,000
Employees: 16

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	38,336,000	31,194,000	30,020,000
Annual Total Result	34,568,000	15,285,000	41,731,000
Total assets	1,632,938,000	1,582,093,000	1,590,117,000
Total liabilities	1,381,370,000	1,341,309,000	1,350,202,000
Total equity	251,569,000	240,786,000	239,916,000

P&L

Year	2023	2022	2021
Total operating income	38,336,000	31,194,000	30,020,000
Total operating costs	49,395,000	40,205,000	37,231,000
Operating result	-11,059,000	-9,011,000	-7,211,000
Financial income/costs	54,874,000	24,018,000	49,195,000
Profit before tax	43,815,000	15,007,000	41,984,000
Total tax & extraordinary income/cost	9,247,000	-278,000	253,000
Annual Total Result	34,568,000	15,285,000	41,731,000

Balance overview

Year	2023	2022	2021
Total fixed assets	1,525,269,000	1,504,608,000	1,469,857,000
Total current assets	107,669,000	77,485,000	120,260,000
Total assets	1,632,938,000	1,582,093,000	1,590,117,000
Short term debt	86,370,000	43,886,000	52,005,000
Long term debt	1,295,000,000	1,297,423,000	1,298,197,000
Total liabilities	1,381,370,000	1,341,309,000	1,350,202,000
Contributed capital	3,257,000	3,256,000	3,257,000
Retained earnings	248,312,000	237,530,000	236,659,000
Total equity	251,569,000	240,786,000	239,916,000
Total equity and liabilities	1,632,939,000	1,582,095,000	1,590,118,000

Classification

Category

/ Energy distribution

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

35.13

Industrial group

Distribution of electricity

35.130

Industrial group

Distribution of electricity