ÅKRAELVA KRAFTVERK AS • 991394001 • Stord • Electricity, gas, steam and air conditioning supply

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/ Energy production

ÅKRAELVA KRAFTVERK AS

Keywords

generationelectricityhydroturbines

Organization

CEO: HØ
Hege Myhre Willemsen Økland1975
Chairman of the board: SS
Svein Dale Soleng1986
Years since formation: 18 years; since Jun 27, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 3,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 8,917,640; NOK
Annual total result 2023: -455,065; NOK
Total equity 2023: 2,529,434; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
HØ Hege Myhre Willemsen Økland 1975	Managing Director/CEO	-

Board

Name	Role	Shares
JM John Martin Mjånes 1975	Alternate Member	-
KH Kjetil Harestad 1965	Alternate Member	-
HØ Hege Myhre Willemsen Økland 1975	Deputy Chair	-
SS Svein Dale Soleng 1986	Chairman	-
TØ Tormod Øverland 1993	Board Member	-
KO Knut Olav Sørheim 1984	Alternate Member, Observer	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Last update: Jan 9, 2025

Ownership

Company shareholders

Name	Share class	Number of shares	Share
S SUNNHORDLAND KRAFTLAG AS	Ordinary shares	3,000	100 %

Last update: May 24, 2024

Group structure

HAUGALAND KRAFT AS
Total operating income 2023: NOK 195,337,000
Operating profit 2023: NOK -13,686,000
Employees: 111

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	8,917,640	23,526,324	7,468,071
Annual Total Result	-455,065	4,546,763	287,139
Total assets	45,358,463	48,724,350	51,296,065
Total liabilities	42,829,029	45,739,851	52,858,329
Total equity	2,529,434	2,984,499	-1,562,264

P&L

Year	2023	2022	2021
Total operating income	8,917,640	23,526,324	7,468,071
Total operating costs	6,857,759	15,873,620	6,140,191
Operating result	2,059,882	7,652,704	1,327,881
Financial income/costs	-2,519,795	-1,823,521	-959,754
Profit before tax	-459,913	5,829,183	368,127
Total tax & extraordinary income/cost	-4,848	1,282,420	80,988
Annual Total Result	-455,065	4,546,763	287,139

Balance overview

Year	2023	2022	2021
Total fixed assets	41,966,402	43,147,261	44,859,016
Total current assets	3,392,061	5,577,089	6,437,049
Total assets	45,358,463	48,724,350	51,296,065
Short term debt	673,793	3,089,383	3,031,382
Long term debt	42,155,237	42,650,468	49,826,946
Total liabilities	42,829,029	45,739,851	52,858,329
Contributed capital	300,000	300,000	300,000
Retained earnings	2,229,434	2,684,499	-1,862,264
Total equity	2,529,434	2,984,499	-1,562,264
Total equity and liabilities	45,358,463	48,724,350	51,296,065

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