HORNINDAL KRAFTLAG AS

Organization

Chairman of the board: OR
Olav Rune Seljeset1957
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,334; 1 share class
Total number of shareholders: 258; 6 companies, 252 persons

Financials

Annual total result 2024: 327,367; NOK
Total equity 2024: 7,529,959; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
RO Rasmus Olav Sætren 1975	Business Manager	-
OR Olav Rune Seljeset 1957	Chairman	-
HH Hans-Ivar Holmøy 1988	Board Member	1.12 % directly
KO Knut Ove Grodås 1960	Deputy Chair	-
OR Olav Reidar Haugen 1953	Alternate Member	2.47 % directly

Others

Name	Role	Shares
Ø ØKORÅD FJORD AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KE Knut Elling Lillestøl 1946	-	3.07 % directly
OR Olav Reidar Haugen 1953	Alternate Member	2.47 % directly
OE Ola Einar Lillestøl 1969	-	1.72 % directly
OI Ola Inge Seljeset 1965	-	1.42 % directly
TA Trond Andreas Klungseth Lødøen 1965	-	1.27 % directly
AS Arne Svor 1946	-	1.2 % directly
AK Anne Karin Lungård Hove 1959	-	1.2 % directly
RK Rasmus Kirkhorn 1969	-	1.2 % directly
LA Lars Andreas Tomasgård 1962	-	1.12 % directly
JK Jan Kirkhorn Melsåsen 1966	-	1.12 % directly

Last update: Sep 2, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
KE Knut Elling Lillestøl 1946	Ordinary shares	41	3.07 %
OR Olav Reidar Haugen 1953	Ordinary shares	33	2.47 %
S SAMEIGE SANDEN 17	Ordinary shares	24	1.8 %
OE Ola Einar Lillestøl 1969	Ordinary shares	23	1.72 %
OI Ola Inge Seljeset 1965	Ordinary shares	19	1.42 %
V VOLDA KOMMUNE	Ordinary shares	18	1.35 %
TA Trond Andreas Klungseth Lødøen 1965	Ordinary shares	17	1.27 %
AK Anne Karin Lungård Hove 1959	Ordinary shares	16	1.2 %
AS Arne Svor 1946	Ordinary shares	16	1.2 %
RK Rasmus Kirkhorn 1969	Ordinary shares	16	1.2 %
LA Lars Andreas Tomasgård 1962	Ordinary shares	15	1.12 %
RS Rasmus Samuel Sollid 1960	Ordinary shares	15	1.12 %
JK Jan Kirkhorn Melsåsen 1966	Ordinary shares	15	1.12 %
HH Hans-Ivar Holmøy 1988	Ordinary shares	15	1.12 %
S SPAREBANK 1 SOGN OG FJORDANE	Ordinary shares	14	1.05 %
MG Marta Grodås Bunes 1944	Ordinary shares	14	1.05 %
NE Nils Einar Sandnes 1943	Ordinary shares	14	1.05 %
RG Roger Grodås 1952	Ordinary shares	14	1.05 %
LL Leif-Rune Lødøen 1954	Ordinary shares	14	1.05 %
JH Johanne Helga Løvlid 1945	Ordinary shares	14	1.05 %
PA Paul Anfinn Tomasgard 1941	Ordinary shares	12	0.9 %
NR Nils Rune Rognes 1970	Ordinary shares	12	0.9 %
GH Gunhild Humborstad 1937	Ordinary shares	11	0.82 %
EY Elin Ytrehorn 1941	Ordinary shares	11	0.82 %
ES Eline Selma Lødemel 1929	Ordinary shares	11	0.82 %
JA Jan Anders E Kristensen 1958	Ordinary shares	11	0.82 %
HI Hildur Ingeborg Lund 1965	Ordinary shares	11	0.82 %
KH Kyrkje Hornindal	Ordinary shares	11	0.82 %
HF Hans Frislid 1949	Ordinary shares	10	0.75 %
AJ Anders Jarle Heggen 1979	Ordinary shares	10	0.75 %
AK Arne Knut Ohrvik 1964	Ordinary shares	10	0.75 %
AH Andreas Helge Solvik 1958	Ordinary shares	10	0.75 %
RH Rune Hatlelid 1955	Ordinary shares	10	0.75 %
KT Kari Tomasgard 1950	Ordinary shares	10	0.75 %
PH Per Hagen 1943	Ordinary shares	10	0.75 %
SG Siri Gausemel 1977	Ordinary shares	10	0.75 %
OJ Odd Jostein Vellene 1950	Ordinary shares	10	0.75 %
EÅ Eldar Årvik Engelund 1981	Ordinary shares	10	0.75 %
LM Lars Magne Taraldset 1946	Ordinary shares	10	0.75 %
AK Audun Karstein Espe 1941	Ordinary shares	10	0.75 %
JB Judith Bergfrid Hjellbakk 1939	Ordinary shares	9	0.67 %
KR Kristian Rognes Jon 1963	Ordinary shares	9	0.67 %
SB Samuel Bakke 1951	Ordinary shares	9	0.67 %
OR Ola Rasmus Fannemel 1961	Ordinary shares	9	0.67 %
OE Oddrun Elisabeth Grodås 1962	Ordinary shares	9	0.67 %
GT Geir Trygve Johnsen 1963	Ordinary shares	8	0.6 %
KP Kjellfrid P Kongsvik 1927	Ordinary shares	8	0.6 %
JS Johnny Ståle Seljeset 1972	Ordinary shares	8	0.6 %
JN Johan Nyland 1966	Ordinary shares	8	0.6 %
OR Ola Roar Fannemel 1952	Ordinary shares	8	0.6 %
EO Egil Olav Heggen 1947	Ordinary shares	8	0.6 %
OH Oddfrid Helene Bakke 1975	Ordinary shares	8	0.6 %
OA Oddgeir Arne Tomasgard 1944	Ordinary shares	8	0.6 %
SB Solveig Brita Espe 1951	Ordinary shares	7	0.52 %
PS Per Ståle Lillestøl 1969	Ordinary shares	7	0.52 %
ØP Øen Per 1958	Ordinary shares	7	0.52 %
PR Pernille Regine Tomasgard 1940	Ordinary shares	7	0.52 %
KB Knut Bjarne Gullbrå 1963	Ordinary shares	7	0.52 %
ML Matias Lunde 1951	Ordinary shares	7	0.52 %
ON Oddvin Nyhagen 1943	Ordinary shares	7	0.52 %
MR Magne Roald Frøholm 1935	Ordinary shares	7	0.52 %
TE Terje Espe 1951	Ordinary shares	7	0.52 %
NP Nils Paul Haugen 1969	Ordinary shares	7	0.52 %
LS Liv Sissel Nordang Solum 1949	Ordinary shares	7	0.52 %
KH Karin Heggen 1961	Ordinary shares	7	0.52 %
GF Gunnar Fannemel 1958	Ordinary shares	6	0.45 %
GJ Gudrun Johanne Holmøy 1950	Ordinary shares	6	0.45 %
AN Aslaug Nelly Holmøyvik 1946	Ordinary shares	6	0.45 %
SI Steinar Inge Lunde 1961	Ordinary shares	6	0.45 %
RO Rolf Olav Holmøy 1947	Ordinary shares	6	0.45 %
LG Louise Grodås 1944	Ordinary shares	6	0.45 %
JA Jan Arvid Espe 1948	Ordinary shares	6	0.45 %
IA Ivar Asbjørn Melheim 1948	Ordinary shares	6	0.45 %
IB Irene Bøe Pisani 1943	Ordinary shares	6	0.45 %
OI Ove Idar Bruheim 1963	Ordinary shares	6	0.45 %
RH Roger Haugen 1954	Ordinary shares	6	0.45 %
RJ Reidar Jarle Støverstein 1968	Ordinary shares	6	0.45 %
LS Leif Sverre Midthjell 1941	Ordinary shares	6	0.45 %
SR Sverre Raftevold 1962	Ordinary shares	6	0.45 %
LI Lars Ivarson Seljeset 1961	Ordinary shares	6	0.45 %
LJ Lars Jonny Nygård 1941	Ordinary shares	6	0.45 %
RA Roger Andre Lillestøl 1972	Ordinary shares	6	0.45 %
KO Kjell Ove Hjellbakk 1955	Ordinary shares	6	0.45 %
KA Kristian Arne Leivdal 1948	Ordinary shares	6	0.45 %
PM Petra Marit Kvalheim 1945	Ordinary shares	5	0.37 %
AO Aashild Olfrid Sætren 1943	Ordinary shares	5	0.37 %
KM Knut Martin Andreas Sollid 1963	Ordinary shares	5	0.37 %
MJ Malvin Jan Muldsvor 1946	Ordinary shares	5	0.37 %
SP Svein Peder Lillestøl 1947	Ordinary shares	5	0.37 %
OP Ole Perry Lødemel 1964	Ordinary shares	5	0.37 %
JA John Aage Holmøy 1941	Ordinary shares	5	0.37 %
AT Amund Tomasgard 1947	Ordinary shares	5	0.37 %
KH Kirsti Hanebrekke 1966	Ordinary shares	5	0.37 %
SH Sigbjørn Halvor Hamre 1951	Ordinary shares	5	0.37 %
OJ Ola Johny Rygg 1949	Ordinary shares	5	0.37 %
OM Ola Magnus Grothaug 1944	Ordinary shares	5	0.37 %
LS Liv Skrede 1946	Ordinary shares	5	0.37 %
SM Sigurd Muldsvor 1969	Ordinary shares	5	0.37 %
IP Ingebjørg Pernille Kjellstadli Sætren 1954	Ordinary shares	5	0.37 %
RG Robin Gunnar Kirkhorn 1947	Ordinary shares	5	0.37 %

Shares owned by the HORNINDAL KRAFTLAG AS

Name	Share class	Total number of shares	Share
T TUSSA KRAFT AS	A-shares	12	0.34 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	327,367	260,925	204,188	184,870
Total assets	7,651,704	7,316,011	7,046,064	7,282,073
Total liabilities	121,745	113,418	104,396	544,594
Total equity	7,529,959	7,202,593	6,941,668	6,737,479

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	39,255	56,221	35,801	30,298
Operating result	-39,255	-56,221	-35,801	-30,298
Financial income/costs	399,796	337,142	250,351	219,080
Profit before tax	360,542	280,921	214,550	188,782
Total tax & extraordinary income/cost	33,175	19,996	10,362	3,912
Annual Total Result	327,367	260,925	204,188	184,870

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	3,768,000	3,768,000	3,768,000	3,768,000
Total current assets	3,883,704	3,548,011	3,278,064	3,514,073
Total assets	7,651,704	7,316,011	7,046,064	7,282,073
Short term debt	121,745	113,418	104,396	544,594
Long term debt	0	0	0	0
Total liabilities	121,745	113,418	104,396	544,594
Contributed capital	1,592,430	1,592,430	1,592,430	1,592,430
Retained earnings	5,937,529	5,610,163	5,349,238	5,145,049
Total equity	7,529,959	7,202,593	6,941,668	6,737,479
Total equity and liabilities	7,651,704	7,316,011	7,046,064	7,282,073

Classification

Type of organization

Limited company

HORNINDAL KRAFTLAG AS912 808 742

HORNINDAL KRAFTLAG AS

Organization

Ownership

Financials

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the HORNINDAL KRAFTLAG AS

Financials

Summary

P&L

Balance overview

Classification