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M

MIDT-TELEMARK KRAFT AS956 444 764

Energy production
Limited company
3830 ULEFOSS, Norge

MIDT-TELEMARK KRAFT AS

Keywords

generationelectricityhydroturbines

Links

Organization

Chairman of the board
Years since formation
29 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 2023
17,776,000
NOK
Annual total result 2023
16,652,852
NOK
Total equity 2023
219,056,837
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Sep 1, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
M
MIDT-TELEMARK KOMMUNE
Class B shares
344,172
34.42 %
N
NOME KOMMUNE
Class B shares
322,828
32.28 %
M
MIDT-TELEMARK KOMMUNE
A-shares
171,828
17.18 %
N
NOME KOMMUNE
A-shares
161,172
16.12 %

Shares owned by the MIDT-TELEMARK KRAFT AS

NameShare classNumber of sharesShare
N
NORSJØKRAFT AS
A-shares
2,400
44.44 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
17,776,000
35,552,000
19,109,200
Annual Total Result
16,652,852
34,590,256
18,364,247
Total assets
259,724,350
267,241,705
253,090,600
Total liabilities
40,667,513
48,937,720
37,888,872
Total equity
219,056,837
218,303,985
215,201,728

P&L

Year202320222021
Total operating income
17,776,000
35,552,000
19,109,200
Total operating costs
332,885
277,204
314,805
Operating result
17,443,115
35,274,796
18,794,395
Financial income/costs
-790,263
-684,540
-430,148
Profit before tax
16,652,852
34,590,256
18,364,247
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
16,652,852
34,590,256
18,364,247

Balance overview

Year202320222021
Total fixed assets
240,060,000
240,060,000
240,060,000
Total current assets
19,664,350
27,181,705
13,030,600
Total assets
259,724,350
267,241,705
253,090,600
Short term debt
15,917,513
22,687,720
10,138,872
Long term debt
24,750,000
26,250,000
27,750,000
Total liabilities
40,667,513
48,937,720
37,888,872
Contributed capital
1,000,000
1,000,000
1,000,000
Retained earnings
218,056,837
217,303,985
214,201,728
Total equity
219,056,837
218,303,985
215,201,728
Total equity and liabilities
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
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