Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Østfold Energi AS
AS
Active
Org 879904412
Kalnesveien 5, 1712
Grålum
Production of electricity from renewable sources
·
NACE 3512
Est. 1998 · 28 years old
71 employees
Monitor
Share
Norway
/
Companies
/
Production of electricity from renewable sources
/
Østfold Energi AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
3.0B
2.3B
1.5B
0.8B
0B
2020: 0.4B
0.4B
2020
2021: 1.1B (+196% vs 2020)
1.1B
+196%
2021
2022: 2.4B (+129% vs 2021)
2.4B
+129%
2022
2023: 1.6B (-33% vs 2022)
1.6B
-33%
2023
2024: 1.1B (-34% vs 2023)
1.1B
-34%
2024
EBITDA
NOK millions
2.6B
1.9B
1.3B
0.6B
0B
2020: 0.2B
0.2B
2020
2021: 0.8B (+413% vs 2020)
0.8B
+413%
2021
2022: 2.1B (+158% vs 2021)
2.1B
+158%
2022
2023: 1.2B (-41% vs 2022)
1.2B
-41%
2023
2024: 0.7B (-41% vs 2023)
0.7B
-41%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
1 070 956
1 631 693
2 437 373
1 065 959
360 411
Staff expenses
−86 203
−76 555
−69 980
−62 656
−58 268
EBITDA
715 920
1 217 637
2 050 823
794 534
154 901
Depreciation & amort.
−77 592
−71 131
−70 184
−71 352
−70 608
EBIT
638 328
1 146 506
1 980 639
723 182
84 293
Net financials
−25 815
38 212
18 251
14 030
−62 692
Profit before tax
612 513
1 184 718
1 998 890
737 212
21 601
Tax
400 198
663 038
1 365 054
422 720
−6 785
Net profit
212 315
521 680
633 836
314 492
28 386
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
2 995 208
3 592 173
4 413 069
3 231 119
2 771 162
Equity
2 060 057
1 914 936
1 740 473
1 497 514
1 366 751
Long-term debt
0
400 000
400 000
423 065
1 098 353
Short-term debt
899 817
1 189 029
2 163 966
1 205 861
192 315
Total debt
899 817
1 589 029
2 563 966
1 628 926
1 290 668
Financial ratios
5-year trend
EBITDA margin
66,8 %
This company
15,8 %
Market median
This company
Market median
323% above market
2020
2024
Equity ratio
68,8 %
This company
38,2 %
Market median
This company
Market median
80% above market
2020
2024
Return on equity
10,3 %
This company
18,4 %
Market median
This company
Market median
44% below market
2020
2024
Net profit margin
19,8 %
This company
8,1 %
Market median
This company
Market median
144% above market
2020
2024
Asset turnover
0,36×
This company
1,12×
Market median
This company
Market median
68% below market
2020
2024
Debt / equity
0,45×
This company
0,62×
Market median
This company
Market median
27% below market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on Østfold Energi AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network