NORDSIDEN KRAFT AS • 917800731 • Halden • Electricity, gas, steam and air conditioning supply

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/ Energy production

NORDSIDEN KRAFT AS

Keywords

generationelectricityhydroturbines

Organization

CEO: OL
Ole-Henrik Larsen1966
Chairman of the board: MO
Magne Olav Bruland1964
Years since formation: 9 years; since Sep 28, 2016
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 3; companies
Belongs to group of

Financials

Total operating income 2023: 1,409,825; NOK
Annual total result 2023: -77,574; NOK
Total equity 2023: 997,069; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
OL Ole-Henrik Larsen 1966	Managing Director/CEO	9.6 % indirectly

Board

Name	Role	Shares
MO Magne Olav Bruland 1964	Chairman	37 % indirectly
HR Henrik Rød 1975	Deputy Chair	11.72 % indirectly
DH Dag Halvorsen 1966	Board Member	9.6 % indirectly
DV Ditlev De Vibe Vanay 1966	Board Member	12.5 % indirectly
OL Ole-Henrik Larsen 1966	Board Member	9.6 % indirectly

Top 10 individual shareholders

Name	Role	Shares
MO Magne Olav Bruland 1964	Chairman	37 % indirectly
DV Ditlev De Vibe Vanay 1966	Board Member	12.5 % indirectly
HR Henrik Rød 1975	Deputy Chair	11.72 % indirectly
ØR Øivind Rød 1947	-	11.72 % indirectly
OL Ole-Henrik Larsen 1966	Managing Director/CEO, Board Member	9.6 % indirectly
DH Dag Halvorsen 1966	Board Member	9.6 % indirectly
OK Odd Karell Larsen 1942	-	4.1 % indirectly
KB Knut Bredo Larsen 1970	-	3.78 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NORDSIDEN-EIENDOM AS	Ordinary shares	505	50.5 %
M MBENERGI AS	Ordinary shares	370	37 %
E EUROPEA 12 INVEST AS	Ordinary shares	125	12.5 %

Last update: May 24, 2024

Group structure

NORDSIDEN-EIENDOM AS
Total operating income 2023: NOK 7,918,015
Operating profit 2023: NOK 2,632,753
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,409,825	1,756,097	1,248,461
Annual Total Result	-77,574	491,251	191,993
Total assets	4,833,060	5,286,861	4,836,738
Total liabilities	3,835,990	4,212,218	4,253,347
Total equity	997,069	1,074,643	583,391

P&L

Year	2023	2022	2021
Total operating income	1,409,825	1,756,097	1,248,461
Total operating costs	1,309,900	967,360	895,839
Operating result	99,924	788,736	352,622
Financial income/costs	-199,378	-154,064	-111,277
Profit before tax	-99,454	634,672	241,345
Total tax & extraordinary income/cost	-21,880	143,421	49,352
Annual Total Result	-77,574	491,251	191,993

Balance overview

Year	2023	2022	2021
Total fixed assets	4,160,209	4,307,022	4,075,572
Total current assets	672,851	979,839	761,166
Total assets	4,833,060	5,286,861	4,836,738
Short term debt	282,333	560,638	332,418
Long term debt	3,553,658	3,651,580	3,920,929
Total liabilities	3,835,990	4,212,218	4,253,347
Contributed capital	35,570	35,570	35,570
Retained earnings	961,499	1,039,073	547,821
Total equity	997,069	1,074,643	583,391
Total equity and liabilities	4,833,060	5,286,861	4,836,738

Classification

Category

/ Energy production

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

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