MIDT-TELEMARK KRAFT AS
Links
Organization
- CEO
- JA
- Chairman of the board
- SS
Sveinung Sauar1972
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000,000
- 2 share classes
- Total number of shareholders
- 4
- companies
Financials
- Total operating income 2024
- 14,223,999
- NOK
- Annual total result 2024
- 12,740,878
- NOK
- Total equity 2024
- 220,497,715
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JA | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
SS 1972 | Chairman | - |
AT | Board Member | - |
AS 1967 | Board Member | - |
RW | Board Member | - |
LH | Alternate Member | - |
SN 1988 | Alternate Member | - |
BN | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Sep 1, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Class B shares | 344,172 | 34.42 % | |
| Class B shares | 322,828 | 32.28 % | |
| A-shares | 171,828 | 17.18 % | |
| A-shares | 161,172 | 16.12 % |
Shares owned by the MIDT-TELEMARK KRAFT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 2,400 | 44.44 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 14,223,999 | 17,776,000 | 35,552,000 | 19,109,200 |
Annual Total Result | 12,740,878 | 16,652,852 | 34,590,256 | 18,364,247 |
Total assets | 255,229,343 | 259,724,350 | 267,241,705 | 253,090,600 |
Total liabilities | 34,731,628 | 40,667,513 | 48,937,720 | 37,888,872 |
Total equity | 220,497,715 | 219,056,837 | 218,303,985 | 215,201,728 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 14,223,999 | 17,776,000 | 35,552,000 | 19,109,200 |
Total operating costs | 321,867 | 332,885 | 277,204 | 314,805 |
Operating result | 13,902,132 | 17,443,115 | 35,274,796 | 18,794,395 |
Financial income/costs | -1,161,254 | -790,263 | -684,540 | -430,148 |
Profit before tax | 12,740,878 | 16,652,852 | 34,590,256 | 18,364,247 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 12,740,878 | 16,652,852 | 34,590,256 | 18,364,247 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 240,060,000 | 240,060,000 | 240,060,000 | 240,060,000 |
Total current assets | 15,169,343 | 19,664,350 | 27,181,705 | 13,030,600 |
Total assets | 255,229,343 | 259,724,350 | 267,241,705 | 253,090,600 |
Short term debt | 11,481,628 | 15,917,513 | 22,687,720 | 10,138,872 |
Long term debt | 23,250,000 | 24,750,000 | 26,250,000 | 27,750,000 |
Total liabilities | 34,731,628 | 40,667,513 | 48,937,720 | 37,888,872 |
Contributed capital | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
Retained earnings | 219,497,715 | 218,056,837 | 217,303,985 | 214,201,728 |
Total equity | 220,497,715 | 219,056,837 | 218,303,985 | 215,201,728 |
Total equity and liabilities | 255,229,343 | 259,724,350 | 267,241,705 | 253,090,600 |
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