ØYADALEN KRAFTVERK AS • 988060089 • Ørsta • Electricity, gas, steam and air conditioning supply

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/ Energy production

ØYADALEN KRAFTVERK AS

Keywords

generationelectricityhydroturbines

Organization

Chairman of the board: GÅ
Geir Åge Øye1970
Years since formation: 19 years; since Apr 5, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 10

Ownership

Number of shares and share classes: 16,032; 1 share class
Total number of shareholders: 18; persons

Financials

Total operating income 2023: 1,736,128; NOK
Annual total result 2023: -299,741; NOK
Total equity 2023: 1,595,457; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
KM Knut Magne Øye 1960	Contact Person	12.38 % directly
GÅ Geir Åge Øye 1970	Chairman	-
JS Jon Steinar Øye 1965	Board Member	8.28 % directly
MØ Margrete Homlong Øyehaug 1969	Board Member	-
KU Kirsti Unni Øy Driveklepp 1956	Board Member	2.89 % directly
IT Ivar Terje Øye 1956	Board Member	7.68 % directly
HO Hans Olav Øy 1984	Alternate Member	-
JT Jan Terje Øye 1971	Alternate Member	-

Others

Name	Role	Shares
S SPAREBANK 1 REGNSKAPSHUSET SMN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KM Knut Magne Øye 1960	Contact Person	12.38 % directly
TØ Tor Magnar Øye 1942	-	8.58 % directly
JS Jon Steinar Øye 1965	Board Member	8.28 % directly
AH Alf Helge Øie 1955	-	8.28 % directly
AØ Arnstein Øye 1946	-	8.18 % directly
IT Ivar Terje Øye 1956	Board Member	7.68 % directly
LK Leif Karsten Øye 1943	-	5.79 % directly
MØ Magne Øye 1941	-	5.79 % directly
KE Knut Erling Øyehaug 1959	-	4.99 % directly
PK Per Kåre Øyehaug 1958	-	4.99 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
KM Knut Magne Øye 1960	Ordinary shares	1,984	12.38 %
TØ Tor Magnar Øye 1942	Ordinary shares	1,376	8.58 %
AH Alf Helge Øie 1955	Ordinary shares	1,328	8.28 %
JS Jon Steinar Øye 1965	Ordinary shares	1,328	8.28 %
AØ Arnstein Øye 1946	Ordinary shares	1,312	8.18 %
IT Ivar Terje Øye 1956	Ordinary shares	1,232	7.68 %
LK Leif Karsten Øye 1943	Ordinary shares	928	5.79 %
MØ Magne Øye 1941	Ordinary shares	928	5.79 %
KE Knut Erling Øyehaug 1959	Ordinary shares	800	4.99 %
PK Per Kåre Øyehaug 1958	Ordinary shares	800	4.99 %
NØ Nils Vegard Øye 1972	Ordinary shares	776	4.84 %
SB Silje Beate Øye 1977	Ordinary shares	776	4.84 %
ØØ Øyvind Laurits Øy 1940	Ordinary shares	608	3.79 %
KU Kirsti Unni Øy Driveklepp 1956	Ordinary shares	464	2.89 %
EO Erling Olav Driveklepp 1950	Ordinary shares	464	2.89 %
SM Synne Øye Myrvold 1993	Ordinary shares	310	1.93 %
MM Marlinn Øye Myrvold 1998	Ordinary shares	309	1.93 %
EM Erland Øye Myrvold 1995	Ordinary shares	309	1.93 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,736,128	1,946,571	1,235,807
Annual Total Result	-299,741	90,335	-331,729
Total assets	14,154,956	15,090,129	14,327,937
Total liabilities	12,559,499	13,194,930	12,523,073
Total equity	1,595,457	1,895,198	1,804,864

P&L

Year	2023	2022	2021
Total operating income	1,736,128	1,946,571	1,235,807
Total operating costs	1,257,379	1,215,457	1,218,001
Operating result	478,750	731,115	17,806
Financial income/costs	-866,226	-615,509	-443,100
Profit before tax	-387,476	115,606	-425,294
Total tax & extraordinary income/cost	-87,735	25,271	-93,565
Annual Total Result	-299,741	90,335	-331,729

Balance overview

Year	2023	2022	2021
Total fixed assets	13,006,656	13,281,314	13,668,979
Total current assets	1,148,300	1,808,814	658,958
Total assets	14,154,956	15,090,129	14,327,937
Short term debt	115,059	194,930	134,657
Long term debt	12,444,440	13,000,000	12,388,416
Total liabilities	12,559,499	13,194,930	12,523,073
Contributed capital	1,603,200	1,603,200	1,603,200
Retained earnings	-7,743	291,998	201,664
Total equity	1,595,457	1,895,198	1,804,864
Total equity and liabilities	14,154,956	15,090,129	14,327,937

Classification

Category

/ Energy production

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

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