CHEAP ENERGY NORGE AS
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Organization
- CEO
- EH
Espen Halvorsen1979
- Chairman of the board
- MH
- Years since formation
- 10 years
- since Jan 12, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 539,574
- NOK
- Annual total result 2024
- -614,390
- NOK
- Total equity 2024
- 3,351,673
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EH 1979 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MH | Chairman | - |
SK 1969 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Oct 3, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 539,574 | 2,357,322 | 25,253,232 | 40,676,485 |
Annual Total Result | -614,390 | 24,382 | 2,591,228 | 7,163,862 |
Total assets | 4,636,247 | 4,043,724 | 23,222,602 | 34,959,468 |
Total liabilities | 1,284,574 | 1,091,662 | 22,046,592 | 28,874,685 |
Total equity | 3,351,673 | 2,952,062 | 1,176,011 | 6,084,783 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 539,574 | 2,357,322 | 25,253,232 | 40,676,485 |
Total operating costs | 1,478,046 | 2,297,805 | 22,151,056 | 32,839,156 |
Operating result | -938,472 | 59,516 | 3,102,176 | 7,837,329 |
Financial income/costs | -1,288 | -22,629 | 219,911 | 109,231 |
Profit before tax | -939,760 | 36,888 | 3,322,087 | 7,946,560 |
Total tax & extraordinary income/cost | -325,370 | 12,506 | 730,859 | 782,698 |
Annual Total Result | -614,390 | 24,382 | 2,591,228 | 7,163,862 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 2,400 | 17,458,376 | 16,299,585 |
Total current assets | 4,636,247 | 4,041,324 | 5,764,227 | 18,659,883 |
Total assets | 4,636,247 | 4,043,724 | 23,222,602 | 34,959,468 |
Short term debt | 1,037,408 | 787,366 | 10,882,160 | 24,746,866 |
Long term debt | 247,167 | 304,296 | 11,164,431 | 4,127,819 |
Total liabilities | 1,284,574 | 1,091,662 | 22,046,592 | 28,874,685 |
Contributed capital | 2,795,670 | 1,781,670 | 30,000 | 30,000 |
Retained earnings | 556,003 | 1,170,392 | 1,146,011 | 6,054,783 |
Total equity | 3,351,673 | 2,952,062 | 1,176,011 | 6,084,783 |
Total equity and liabilities | 4,636,247 | 4,043,724 | 23,222,602 | 34,959,468 |
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