SANDAL & FOSSHEIM KRAFT AS • 985569851 • Byrkjelo • Electricity, gas, steam and air conditioning supply

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/ Energy production

/ 35.111 Production of electricity through water power

SANDAL & FOSSHEIM KRAFT AS

Keywords

generationelectricityhydroturbines

Organization

CEO: EH
Erlend Hillestad Bårgard1987
Chairman of the board: KH
Kjetil Harestad1965
Years since formation: 22 years; since May 5, 2003
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1,330; 1 share class
Total number of shareholders: 11; 2 companies, 9 persons
Belongs to group of

Financials

Total operating income 2024: 2,258,770; NOK
Annual total result 2024: 23,452; NOK
Total equity 2024: 2,318,416; NOK

Last update: Jul 3, 2025

Management

Management / administration

Name	Role	Shares
EH Erlend Hillestad Bårgard 1987	Managing Director/CEO	-

Board

Name	Role	Shares
KH Kjetil Harestad 1965	Chairman	-
NH Nils H Sandal 1957	Board Member	28.95 % directly
NS Nils Sandal 1950	Board Member	6.09 % directly
EH Erlend Hillestad Bårgard 1987	Deputy Chair	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
NH Nils H Sandal 1957	Board Member	28.95 % directly
RJ Reidar Jarle Sandal 1951	-	6.84 % directly
NS Nils Sandal 1950	Board Member	6.09 % directly
JB Jostein Bergheim 1944	-	4.89 % directly
RJ Roger Jan Støyva 1969	-	1.65 % directly

Last update: Jan 11, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NYDALSELVA KRAFT AS	Ordinary shares	681	51.2 %
NH Nils H Sandal 1957	Ordinary shares	385	28.95 %
RJ Reidar Jarle Sandal 1951	Ordinary shares	91	6.84 %
NS Nils Sandal 1950	Ordinary shares	81	6.09 %
JB Jostein Bergheim 1944	Ordinary shares	65	4.89 %
RJ Roger Jan Støyva 1969	Ordinary shares	22	1.65 %
GV Geir Vie 1959	Ordinary shares	1	0.08 %
TF Trygve Fossheim 1969	Ordinary shares	1	0.08 %
GJ Grete Janne Fossheim 1967	Ordinary shares	1	0.08 %
K K.SKOTNES AS	Ordinary shares	1	0.08 %
NK Nils Kåre Fossheim 1973	Ordinary shares	1	0.08 %

Last update: Jun 2, 2025

Group structure

NYDALSELVA KRAFT AS
Total operating income 2024: NOK 8,363,736
Operating profit 2024: NOK -1,389,321
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	2,258,770	2,046,429	2,113,543	3,594,155
Annual Total Result	23,452	85,105	243,628	1,358,807
Total assets	7,806,293	8,011,444	8,542,316	9,992,197
Total liabilities	5,487,877	5,693,028	6,309,005	7,803,014
Total equity	2,318,416	2,318,416	2,233,310	2,189,183

P&L

Year	2024	2023	2022	2021
Total operating income	2,258,770	2,046,429	2,113,543	3,594,155
Total operating costs	1,928,750	1,619,387	1,592,611	1,745,490
Operating result	330,019	427,043	520,932	1,848,665
Financial income/costs	-299,952	-318,897	-208,327	-106,605
Profit before tax	30,067	108,145	312,605	1,742,060
Total tax & extraordinary income/cost	6,615	23,040	68,977	383,253
Annual Total Result	23,452	85,105	243,628	1,358,807

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	6,623,252	6,978,146	7,333,840	7,204,132
Total current assets	1,183,041	1,033,298	1,208,475	2,788,065
Total assets	7,806,293	8,011,444	8,542,316	9,992,197
Short term debt	307,907	217,054	537,027	1,735,032
Long term debt	5,179,970	5,475,974	5,771,978	6,067,982
Total liabilities	5,487,877	5,693,028	6,309,005	7,803,014
Contributed capital	1,330,000	1,330,000	1,330,000	1,330,000
Retained earnings	988,416	988,416	903,310	859,183
Total equity	2,318,416	2,318,416	2,233,310	2,189,183
Total equity and liabilities	7,806,293	8,011,444	8,542,316	9,992,197

Classification

Category

/ Energy production

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