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Hellefoss Kraft AS
AS
Active
Org 912756734
Production of electricity from renewable sources
·
NACE 3512
Est. 1898 · 128 years old
0 employees
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Norway
/
Companies
/
Production of electricity from renewable sources
/
Hellefoss Kraft AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
97M
73M
49M
24M
0M
2021: 30M
30M
2021
2022: 78M (+160% vs 2021)
78M
+160%
2022
2023: 47M (-40% vs 2022)
47M
-40%
2023
2024: 26M (-45% vs 2023)
26M
-45%
2024
2025: 35M (+35% vs 2024)
35M
+35%
2025
EBITDA
NOK millions
82M
62M
41M
21M
0M
2021: 20M
20M
2021
2022: 66M (+230% vs 2021)
66M
+230%
2022
2023: 33M (-50% vs 2022)
33M
-50%
2023
2024: 5M (-85% vs 2023)
5M
-85%
2024
2025: 19M (+280% vs 2024)
19M
+280%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
35 382
25 996
47 313
77 787
30 175
Staff expenses
−0
−0
−0
−0
−0
EBITDA
18 905
4 934
32 678
65 923
19 608
Depreciation & amort.
−4 493
−4 456
−4 440
−4 430
−4 422
EBIT
14 412
479
28 238
61 492
15 185
Net financials
−669
−879
287
−1 042
−1 525
Profit before tax
13 743
−400
28 525
60 451
13 660
Tax
11 210
−1 095
19 751
61 341
14 271
Net profit
2 533
695
8 774
−890
−612
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
144 042
146 395
140 314
181 903
159 968
Equity
45 949
43 416
42 721
33 946
34 837
Long-term debt
58 765
56 615
79 159
89 130
105 820
Short-term debt
39 328
46 364
18 434
58 826
19 311
Total debt
98 093
102 980
97 593
147 956
125 131
Financial ratios
5-year trend
EBITDA margin
53,4 %
This company
15,8 %
Market median
This company
Market median
238% above market
2021
2025
Equity ratio
31,9 %
This company
38,2 %
Market median
This company
Market median
16% below market
2021
2025
Return on equity
5,5 %
This company
18,4 %
Market median
This company
Market median
70% below market
2021
2025
Net profit margin
7,2 %
This company
8,1 %
Market median
This company
Market median
11% below market
2021
2025
Asset turnover
0,25×
This company
1,12×
Market median
This company
Market median
78% below market
2021
2025
Debt / equity
2,13×
This company
0,62×
Market median
This company
Market median
244% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Hellefoss Kraft AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network