Organization
- CEO
- EF
Eirik Frantzen1968
- Chairman of the board
- HT
- Years since formation
- 21 years
- since Jun 8, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 34
Ownership
- Number of shares and share classes
- 61,540,303
- 1 share class
- Total number of shareholders
- 5
- 4 companies, 1 person
- Belongs to group of
Financials
- Total operating income 2024
- 84,340,000
- NOK
- Annual total result 2024
- 85,344,000
- NOK
- Total equity 2024
- 3,280,851,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EF 1968 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
HS 1963 | Board Member | - |
WF 1965 | Board Member | - |
KV | Alternate Member | - |
JÅ 1960 | Board Member | - |
AP | Alternate Member | - |
MO | Alternate Member | - |
AK 1965 | Alternate Member | - |
| Alternate Member | - | |
JH | Board Member | - |
TR 1985 | Alternate Member | - |
LK | Board Member | - |
KL | Alternate Member | - |
KA | Alternate Member | - |
HT | Chairman | - |
ÅM | Board Member | - |
SH 1962 | Board Member | - |
ML 1993 | Board Member | - |
KL 1994 | Alternate Member | - |
| Alternate Member | - | |
TC | Board Member | - |
HA | Board Member | - |
BE | Board Member | - |
LI | Alternate Member | - |
KA | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 30, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 23,148,548 | 37.62 % | |
| Ordinary shares | 21,910,044 | 35.6 % | |
| Ordinary shares | 12,266,930 | 19.93 % | |
| Ordinary shares | 2,705,140 | 4.4 % | |
| Ordinary shares | 1,509,641 | 2.45 % |
Shares owned by the NORDKRAFT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 1,000,000 | 100 % | |
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 10,000 | 100 % | |
| Ordinary shares | 10,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 10 | 100 % | |
| Ordinary shares | 10,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 47,072,255 | 47.07 % | |
| Preference shares | 514,620,000 | 43.51 % | |
| Ordinary shares | 60,000 | 33.06 % | |
| Ordinary shares | 68,158,001 | 20 % | |
| Ordinary shares | 600 | 20 % | |
| Ordinary shares | 183,970 | 18.18 % | |
| Ordinary shares | 100 | 10.02 % | |
| Ordinary shares | 55 | 9.09 % | |
| Ordinary shares | 75 | 7.5 % | |
| Ordinary shares | 659 | 3.31 % | |
| Ordinary shares | 30 | 2.32 % | |
| Ordinary shares | 10 | 1.72 % | |
| Ordinary shares | 100 | 1.56 % | |
| NO0010863186 | 2,360 | 0.06 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 84,340,000Operating profit 2024: NOK -22,454,000Employees: 34
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 84,340,000 | 76,379,000 | 80,949,000 | 89,330,000 |
Annual Total Result | 85,344,000 | 643,154,000 | 308,785,000 | 65,543,000 |
Total assets | 6,017,457,000 | 5,876,496,000 | 5,291,878,000 | 4,169,551,000 |
Total liabilities | 2,736,608,000 | 2,657,201,000 | 2,580,921,000 | 2,057,434,000 |
Total equity | 3,280,851,000 | 3,219,295,000 | 2,710,958,000 | 2,112,117,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 84,340,000 | 76,379,000 | 80,949,000 | 89,330,000 |
Total operating costs | 106,794,000 | 89,958,000 | 93,013,000 | 93,164,000 |
Operating result | -22,454,000 | -13,579,000 | -12,064,000 | -3,834,000 |
Financial income/costs | 113,220,000 | 663,141,000 | 331,101,000 | 68,441,000 |
Profit before tax | 90,766,000 | 649,562,000 | 319,037,000 | 64,607,000 |
Total tax & extraordinary income/cost | 5,422,000 | 6,408,000 | 10,252,000 | -936,000 |
Annual Total Result | 85,344,000 | 643,154,000 | 308,785,000 | 65,543,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 5,630,929,000 | 5,523,220,000 | 5,032,170,000 | 3,954,354,000 |
Total current assets | 386,528,000 | 353,276,000 | 259,708,000 | 215,197,000 |
Total assets | 6,017,457,000 | 5,876,496,000 | 5,291,878,000 | 4,169,551,000 |
Short term debt | 177,969,000 | 451,372,000 | 416,833,000 | 173,744,000 |
Long term debt | 2,558,639,000 | 2,205,829,000 | 2,164,088,000 | 1,883,690,000 |
Total liabilities | 2,736,608,000 | 2,657,201,000 | 2,580,921,000 | 2,057,434,000 |
Contributed capital | 2,333,301,000 | 2,333,301,000 | 2,333,301,000 | 2,112,117,000 |
Retained earnings | 947,550,000 | 885,994,000 | 377,657,000 | 0 |
Total equity | 3,280,851,000 | 3,219,295,000 | 2,710,958,000 | 2,112,117,000 |
Total equity and liabilities | 6,017,459,000 | 5,876,496,000 | 5,291,879,000 | 4,169,551,000 |
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