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S

SOGNEKRAFT PRODUKSJON AS916 069 634

Energy production
Limited company
Røysavegen 1 6893 VIK I SOGN, Norge
Power supply
/ Energy production
/ 35.111 Production of electricity through water power

SOGNEKRAFT PRODUKSJON AS

Keywords

generationelectricityhydroturbines

Organization

CEO
EH

Erlend Hillestad Bårgard1987

Chairman of the board
TB

Terje Bakke Nævdal1970

Years since formation
30 years
since Mar 12, 1995
Type
Limited company
VAT registered
Yes
Number of employees
31

Ownership

Number of shares and share classes
7,211
2 share classes
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
435,170,000
NOK
Annual total result 2024
55,692,000
NOK
Total equity 2024
501,833,000
NOK
Last update: Jul 14, 2025

Management

Management / administration

NameRoleShares
EH

Erlend Hillestad Bårgard

1987

Managing Director/CEO-

Board

NameRoleShares
TB

Terje Bakke Nævdal

1970

Chairman-
BL

Berit Larsen

1965

Deputy Chair-
DV

Dagfinn Vatne

1957

Board Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
SOGNEKRAFT AS
Class B shares
4,951
68.66 %
S
SOGNEKRAFT AS
A-shares
2,260
31.34 %

Shares owned by the SOGNEKRAFT PRODUKSJON AS

NameShare classTotal number of sharesShare
V
VADHEIM KRAFT AS
Ordinary shares
1,000,000
100 %
L
LEIKANGER KRAFT AS
Ordinary shares
902,000
100 %
F
FEIOS KRAFTVERK AS
Ordinary shares
5,065,100
100 %
O
OFFERDAL KRAFTVERK AS
Ordinary shares
17,720,000
80 %
N
NYDALSELVA KRAFT AS
Ordinary shares
22,200,000
50 %
K
KUVELDA KRAFT AS
Ordinary shares
18,850
47.13 %
S
SVELGEN KRAFT HOLDING AS
A-shares
119,445
6.67 %
V
VESTAVIND OFFSHORE AS
Ordinary shares
500
1 %
Last update: Jun 2, 2025

Group structure

  • SOGNEKRAFT AS
    Total operating income 2023: NOK 34,799,000
    Operating profit 2023: NOK -14,781,000
    Employees: 22

Financials

in NOK

Summary

Year2024202320222021
Total operating income
435,170,000
476,482,000
1,555,207,000
759,332,000
Annual Total Result
55,692,000
86,736,000
252,542,000
167,216,000
Total assets
2,401,936,000
1,506,056,000
1,544,649,000
1,282,078,000
Total liabilities
1,900,103,000
1,045,426,000
1,129,868,000
1,022,200,000
Total equity
501,833,000
460,630,000
414,781,000
259,878,000

P&L

Year2024202320222021
Total operating income
435,170,000
476,482,000
1,555,207,000
759,332,000
Total operating costs
298,845,000
317,306,000
803,590,000
493,293,000
Operating result
136,325,000
159,176,000
751,617,000
266,039,000
Financial income/costs
1,580,000
46,279,000
24,683,000
52,063,000
Profit before tax
137,905,000
205,455,000
776,300,000
318,102,000
Total tax & extraordinary income/cost
82,213,000
118,719,000
523,758,000
150,886,000
Annual Total Result
55,692,000
86,736,000
252,542,000
167,216,000

Balance overview

Year2024202320222021
Total fixed assets
2,262,583,000
1,356,827,000
1,097,924,000
1,201,732,000
Total current assets
139,353,000
149,229,000
446,725,000
80,346,000
Total assets
2,401,936,000
1,506,056,000
1,544,649,000
1,282,078,000
Short term debt
144,292,000
185,610,000
705,495,000
267,521,000
Long term debt
1,755,811,000
859,816,000
424,373,000
754,679,000
Total liabilities
1,900,103,000
1,045,426,000
1,129,868,000
1,022,200,000
Contributed capital
140,291,000
140,291,000
141,555,000
141,554,000
Retained earnings
361,542,000
320,339,000
273,226,000
118,324,000
Total equity
501,833,000
460,630,000
414,781,000
259,878,000
Total equity and liabilities
2,401,936,000
1,506,056,000
1,544,649,000
1,282,078,000

Classification

Category
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