BALLANGEN ENERGI AS • 971592117 • Ballangen • Electricity, gas, steam and air conditioning supply

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/ Energy production

BALLANGEN ENERGI AS

Keywords

generationelectricityhydroturbines

Links

Organization

CEO: TH
Tor Harder Johansen1967
Chairman of the board: HG
Helene Gabrielsen1982
Years since formation: 29 years; since Feb 20, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 3,000; 2 share classes
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 15,756,438; NOK
Annual total result 2023: 5,095,257; NOK
Total equity 2023: 19,801,848; NOK

Last update: Sep 24, 2024

Management

Management / administration

Name	Role	Shares
TH Tor Harder Johansen 1967	Managing Director/CEO	-

Board

Name	Role	Shares
TE Trine Elisabet Fjellstad Eriksen 1970	Board Member	-
BO Bård Ove Solhaug 1965	Board Member	-
HG Helene Gabrielsen 1982	Chairman	-
DM Daniel Martin Anders Framvik 1978	Alternate Member	-
AP Anita Warem Pettersen 1972	Alternate Member	-
RB Roger Bergersen 1957	Deputy Chair	-
ED Eirik Djupvik 1978	Board Member	-
DA Daniel Andre Bjørkman 1990	Alternate Member	-

Others

Name	Role	Shares
H HÅLOGALAND REVISJON AS	Auditor	-

Last update: Sep 24, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NARVIK KOMMUNE	Class B shares	2,010	67 %
B BALLANGEN UTVIKLING AS	A-shares	990	33 %

Last update: May 24, 2024

Group structure

NARVIK KOMMUNE
Total operating income -: NOK
Operating profit -: NOK
Employees: 2735

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	15,756,438	12,940,999	10,940,132
Annual Total Result	5,095,257	3,411,380	-432,661
Total assets	64,461,317	45,412,514	40,665,026
Total liabilities	44,659,468	30,705,923	29,369,814
Total equity	19,801,848	14,706,592	11,295,212

P&L

Year	2023	2022	2021
Total operating income	15,756,438	12,940,999	10,940,132
Total operating costs	8,499,919	8,351,156	10,067,033
Operating result	7,256,519	4,589,843	873,099
Financial income/costs	-722,696	-216,280	-1,114,257
Profit before tax	6,533,824	4,373,563	-241,158
Total tax & extraordinary income/cost	1,438,567	962,183	191,503
Annual Total Result	5,095,257	3,411,380	-432,661

Balance overview

Year	2023	2022	2021
Total fixed assets	47,307,816	37,138,438	32,338,432
Total current assets	17,153,501	8,274,076	8,326,594
Total assets	64,461,317	45,412,514	40,665,026
Short term debt	5,547,160	3,005,923	6,169,814
Long term debt	39,112,308	27,700,000	23,200,000
Total liabilities	44,659,468	30,705,923	29,369,814
Contributed capital	11,596,830	11,596,830	11,596,830
Retained earnings	8,205,019	3,109,762	-301,618
Total equity	19,801,848	14,706,592	11,295,212
Total equity and liabilities	64,461,317	45,412,514	40,665,026

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