ULLESTAD KRAFT AS
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Organization
- Chairman of the board
- KH
Knud Hans Nørve1964
- Years since formation
- 13 years
- since Jul 5, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 15,948,684
- NOK
- Annual total result 2024
- 666,995
- NOK
- Total equity 2024
- 19,032,587
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
MT 1974 | Contact Person | - |
KH 1964 | Chairman | - |
UK | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Aug 12, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 384
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,948,684 | 20,172,098 | 44,984,801 | 15,710,894 |
Annual Total Result | 666,995 | -1,457,317 | 13,835,674 | 2,794,246 |
Total assets | 81,796,784 | 83,618,326 | 111,006,833 | 93,907,866 |
Total liabilities | 62,764,198 | 64,795,544 | 90,726,735 | 75,879,708 |
Total equity | 19,032,587 | 18,822,782 | 20,280,099 | 18,028,158 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,948,684 | 20,172,098 | 44,984,801 | 15,710,894 |
Total operating costs | 13,494,866 | 20,532,178 | 25,736,739 | 9,726,983 |
Operating result | 2,453,818 | -360,079 | 19,248,062 | 5,983,911 |
Financial income/costs | -1,598,697 | -1,238,401 | -1,510,018 | -2,401,544 |
Profit before tax | 855,121 | -1,598,480 | 17,738,044 | 3,582,367 |
Total tax & extraordinary income/cost | 188,126 | -141,163 | 3,902,370 | 788,121 |
Annual Total Result | 666,995 | -1,457,317 | 13,835,674 | 2,794,246 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 70,852,626 | 72,175,643 | 74,174,354 | 80,705,263 |
Total current assets | 10,944,158 | 11,442,683 | 36,832,479 | 13,202,603 |
Total assets | 81,796,784 | 83,618,326 | 111,006,833 | 93,907,866 |
Short term debt | 8,510,998 | 12,501,520 | 39,773,179 | 7,092,754 |
Long term debt | 54,253,200 | 52,294,024 | 50,953,556 | 68,786,954 |
Total liabilities | 62,764,198 | 64,795,544 | 90,726,735 | 75,879,708 |
Contributed capital | 17,780,000 | 17,780,000 | 17,780,000 | 17,780,000 |
Retained earnings | 1,252,587 | 1,042,782 | 2,500,099 | 248,158 |
Total equity | 19,032,587 | 18,822,782 | 20,280,099 | 18,028,158 |
Total equity and liabilities | 81,796,784 | 83,618,326 | 111,006,833 | 93,907,866 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government