KVAM ENERGI AS
Organization
- CEO
- AT
Arne Tillung1967
- Chairman of the board
- OB
Olav Botnen1981
- Years since formation
- 6 years
- since Oct 28, 2019
- 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
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 10,141,976
- NOK
- Annual total result 2024
- 7,683,842
- NOK
- Total equity 2024
- 130,766,870
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AT 1967 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MS | Board Member | - |
EM 1979 | Board Member | - |
SO 1977 | Alternate Member | - |
NO | Alternate Member | - |
EL 1963 | Alternate Member | - |
LS 1984 | Observer | - |
TR 1982 | Observer | - |
VR 1958 | Deputy Chair | - |
| Board Member | - | |
OB 1981 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jun 12, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the KVAM ENERGI AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 1823
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 10,141,976 | 8,270,304 | 6,982,962 | 6,804,598 |
Annual Total Result | 7,683,842 | 10,281,434 | 21,155,635 | 9,177,118 |
Total assets | 377,539,012 | 379,358,206 | 367,955,886 | 325,010,589 |
Total liabilities | 246,772,143 | 248,775,178 | 238,175,257 | 195,385,595 |
Total equity | 130,766,870 | 130,583,028 | 129,780,629 | 129,624,994 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 10,141,976 | 8,270,304 | 6,982,962 | 6,804,598 |
Total operating costs | 9,510,157 | 7,791,520 | 7,060,728 | 6,180,782 |
Operating result | 631,819 | 478,784 | -77,766 | 623,816 |
Financial income/costs | 7,105,233 | 9,850,021 | 21,278,645 | 8,603,257 |
Profit before tax | 7,737,052 | 10,328,805 | 21,200,879 | 9,227,073 |
Total tax & extraordinary income/cost | 53,210 | 47,371 | 45,244 | 49,955 |
Annual Total Result | 7,683,842 | 10,281,434 | 21,155,635 | 9,177,118 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 360,113,346 | 357,207,222 | 322,580,612 | 307,475,372 |
Total current assets | 17,425,666 | 22,150,984 | 45,375,274 | 17,535,217 |
Total assets | 377,539,012 | 379,358,206 | 367,955,886 | 325,010,589 |
Short term debt | 21,608,642 | 87,820,224 | 70,978,577 | 21,764,395 |
Long term debt | 225,163,501 | 160,954,954 | 167,196,680 | 173,621,200 |
Total liabilities | 246,772,143 | 248,775,178 | 238,175,257 | 195,385,595 |
Contributed capital | 130,766,870 | 130,583,028 | 129,447,876 | 129,447,876 |
Retained earnings | 0 | 0 | 332,753 | 177,118 |
Total equity | 130,766,870 | 130,583,028 | 129,780,629 | 129,624,994 |
Total equity and liabilities | 377,539,013 | 379,358,206 | 367,955,886 | 325,010,589 |
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