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I

IVAR IKS871 035 032

Water and wastewater
Inter-municipal company
Breiflåtveien 16 4017 STAVANGER, Norge

IVAR IKS

IVAR - Forside

Keywords

extractionwatercollectionrainwaterpurificationwater supplydesalinationdistributionwiringirrigation canals

Links

Organization

Chairman of the board
Years since formation
29 years
since Mar 12, 1995
Type
Inter-municipal company
VAT registered
Yes
Number of employees
305

Financials

Total operating income 2023
1,127,623,767
NOK
Annual total result 2023
-7,580,129
NOK
Total equity 2023
286,309,911
NOK
Last update: Oct 14, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
S
SANDNES KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
S
STAVANGER KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
H
HÅ KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
K
KLEPP KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
T
TIME KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
G
GJESDAL KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
S
SOLA KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
R
RANDABERG KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
K
KVITSØY KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
S
STRAND KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
H
HJELMELAND KOMMUNE
Participant with Pro Rata Liability (Shared Liability)-
Board Member-
Alternate Member-
Observer-
Observer-
Alternate Member-
Chairman-
Deputy Chair-
Board Member-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Alternate Member-
Alternate Member-

Others

NameRoleShares
B
BDO AS
Auditor-
Last update: Sep 4, 2024

Ownership

Shares owned by the IVAR IKS

NameShare classNumber of sharesShare
I
IVAR NÆRING AS
Ordinary shares
1,002
100 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 1,127,623,767
    Operating profit 2023: NOK 209,897,684
    Employees: 305

Financials

in NOK

Summary

Year202320222021
Total operating income
1,127,623,767
1,118,567,767
961,178,933
Annual Total Result
-7,580,129
60,666,470
46,854,638
Total assets
5,900,738,330
5,384,850,984
4,920,724,212
Total liabilities
5,614,428,420
5,090,960,945
4,687,500,645
Total equity
286,309,911
293,890,039
233,223,567

P&L

Year202320222021
Total operating income
1,127,623,767
1,118,567,767
961,178,933
Total operating costs
917,726,083
953,197,546
873,789,731
Operating result
209,897,684
165,370,221
87,389,202
Financial income/costs
-216,861,142
-104,016,194
-40,257,764
Profit before tax
-6,963,458
61,354,027
47,131,438
Total tax & extraordinary income/cost
616,671
687,557
276,800
Annual Total Result
-7,580,129
60,666,470
46,854,638

Balance overview

Year202320222021
Total fixed assets
5,097,445,187
4,557,997,128
4,516,127,363
Total current assets
803,293,143
826,853,856
404,596,849
Total assets
5,900,738,330
5,384,850,984
4,920,724,212
Short term debt
368,527,259
251,076,869
357,534,140
Long term debt
5,245,901,161
4,839,884,076
4,329,966,505
Total liabilities
5,614,428,420
5,090,960,945
4,687,500,645
Contributed capital
32,408,532
32,408,532
32,408,532
Retained earnings
253,901,379
261,481,507
200,815,035
Total equity
286,309,911
293,890,039
233,223,567
Total equity and liabilities
5,900,738,331
5,384,850,984
4,920,724,212

Classification

Type of organization
Inter-municipal company
Standard industrial classification
E
Main industrial area
Water supply; sewerage, waste management and remediation activities
36
Activity
Water collection, treatment and supply
36.0
Main industrial group
Water collection, treatment and supply
36.00
Industrial group
Water collection, treatment and supply
36.000
Industrial group
Water collection, treatment and supply