SESSKRAFT HOLDING AS • 921674783 • Vikebukt • Electricity, gas, steam and air conditioning supply

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/ Energy production

/ 35.119 Other production of electricity

SESSKRAFT HOLDING AS

Keywords

generationelectricitywave powertidal power

Organization

CEO: GS
Geir Sætre1951
Chairman of the board: BL
Bjørn-Vegard Løvik1978
Years since formation: 7 years; since Nov 6, 2018
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 2,257; 1 share class
Total number of shareholders: 4; companies
Belongs to group of

Financials

Total operating income 2024: 447,167; NOK
Annual total result 2024: 335,272; NOK
Total equity 2024: 1,969,248; NOK

Last update: Jul 31, 2025

Management

Management / administration

Name	Role	Shares
GS Geir Sætre 1951	Managing Director/CEO	8.05 % indirectly

Board

Name	Role	Shares
BL Bjørn-Vegard Løvik 1978	Chairman	30.54 % indirectly
ES Erling Sætre 1949	Board Member	32.21 % indirectly
GS Geir Sætre 1951	Board Member	8.05 % indirectly

Others

Name	Role	Shares
R ROBUST REGNSKAP OG REVISJON AS	Auditor	-
P PRAVDA ACCOUNTING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
ES Erling Sætre 1949	Board Member	32.21 % indirectly
BL Bjørn-Vegard Løvik 1978	Chairman	30.54 % indirectly
GS Geir Sætre 1951	Managing Director/CEO, Board Member	8.05 % indirectly
HS Helene Sætre 1992	-	8.05 % indirectly
SH Sigrun Helene Sætre 1956	-	8.05 % indirectly
OS Omdal Sætre Hans 1992	-	8.05 % indirectly
JK Jan Kåre Stavem 1990	-	1.68 % indirectly
IH Ingeborg Hovden Stavem 1990	-	1.68 % indirectly
JL Jon-Birger Løvik 1984	-	1.67 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SAGVOLL HOLDING AS	Ordinary shares	727	32.21 %
H HJELVIKFISK AS	Ordinary shares	727	32.21 %
H HULDERBERGET AS	Ordinary shares	727	32.21 %
S STORREITEN HOLDING AS	Ordinary shares	76	3.37 %

Shares owned by the SESSKRAFT HOLDING AS

Name	Share class	Total number of shares	Share
S SESSKRAFT AS	Ordinary shares	3,500	100 %
A AURELAKS AS	Ordinary shares	260	13 %
S SESSLAKS AS	Ordinary shares	100	10 %
N NORSK EDELFISK AS	Ordinary shares	15,026	4.41 %

Last update: Jun 2, 2025

Group structure

SESSKRAFT HOLDING AS
Total operating income 2024: NOK 447,167
Operating profit 2024: NOK 394,923
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	447,167	427,504	400,000	400,000
Annual Total Result	335,272	-622,874	-586,558	-110,100
Total assets	21,233,292	22,142,221	22,990,178	19,470,073
Total liabilities	19,264,043	20,508,246	20,733,327	17,426,664
Total equity	1,969,248	1,633,976	2,256,850	2,043,408

P&L

Year	2024	2023	2022	2021
Total operating income	447,167	427,504	400,000	400,000
Total operating costs	52,245	156,171	146,003	55,691
Operating result	394,923	271,334	253,997	344,309
Financial income/costs	-59,650	-894,208	-840,555	-454,409
Profit before tax	335,272	-622,874	-586,558	-110,100
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	335,272	-622,874	-586,558	-110,100

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	21,173,281	20,302,775	20,302,775	19,242,775
Total current assets	60,011	1,839,446	2,687,403	227,298
Total assets	21,233,292	22,142,221	22,990,178	19,470,073
Short term debt	469,008	461,350	56,677	43,198
Long term debt	18,795,036	20,046,896	20,676,650	17,383,466
Total liabilities	19,264,043	20,508,246	20,733,327	17,426,664
Contributed capital	1,900,482	1,900,482	1,900,482	1,100,482
Retained earnings	68,766	-266,506	356,368	942,926
Total equity	1,969,248	1,633,976	2,256,850	2,043,408
Total equity and liabilities	21,233,291	22,142,221	22,990,178	19,470,073

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

35.119

Industrial group

Other production of electricity