Riskpilot← Back to searchSign inGet full accessCHEAP ENERGY NORGE AS
ASActiveOrg 914779405Bekkeveien 165, 3173 VearTrade of electricity · NACE 3515Est. 20150 employeeswww.cheapenergy.no
Revenue 2024
NOK 540K
-77% vs 2023
EBITDA margin
-173.5%
-600% vs 2023
Equity ratio
72.3%
Financial strength
Net profit 2024
NOK -614K
-2620% vs 2023
| Revenue | NOK 540K | -77% |
| EBITDA | NOK -936K | -600% |
| Net profit | NOK -614K | -2620% |
| Total assets | NOK 4,6M | +15% |
| Equity | NOK 3,4M | +14% |
| Employees | 0 | — |
Legal name
CHEAP ENERGY NORGE AS
Org number
914779405
Legal form
Aksjeselskap
NACE code
3515 · Trade of electricity
Founded
12. januar 2015
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Salg av strøm og strømtjenester. Herunder investeringer og deltagelse i andre selskaper som driver innenfor samme forretningsområde.
Address
Bekkeveien 165, 3173 Vear
Website
www.cheapenergy.no
Risika for professionals
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 46 086 | 40 676 | 25 253 | 2 357 | 540 |
| Staff expenses | −13 372 | −4 864 | −365 | −308 | −0 |
| EBITDA | −2 028 | 12 780 | 8 317 | 187 | −936 |
| Depreciation & amort. | −1 164 | −4 943 | −5 215 | −128 | −2 |
| EBIT | −3 193 | 7 837 | 3 102 | 60 | −938 |
| Net financials | −4 977 | 109 | 220 | −23 | −1 |
| Profit before tax | −8 169 | 7 947 | 3 322 | 37 | −940 |
| Tax | 61 | 783 | 731 | 13 | −325 |
| Net profit | −8 230 | 7 164 | 2 591 | 24 | −614 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 16 433 | 34 959 | 23 223 | 4 044 | 4 636 |
| Equity | 958 | 6 085 | 1 176 | 2 952 | 3 352 |
| Long-term debt | 3 949 | 4 128 | 11 164 | 304 | 247 |
| Short-term debt | 11 525 | 24 747 | 10 882 | 787 | 1 037 |
| Total debt | 15 475 | 28 875 | 22 047 | 1 092 | 1 285 |
EBITDA margin
-173.5%
This company
15.8%
Market median
-1198% vs market
20202024
Equity ratio
72.3%
This company
38.2%
Market median
+89% vs market
20202024
Return on equity
-18.3%
This company
18.4%
Market median
-199% vs market
20202024
Net profit margin
-113.9%
This company
8.1%
Market median
-1506% vs market
20202024
Asset turnover
0.12×
This company
1.12×
Market median
-89% vs market
20202024
Debt / equity
0.38×
This company
0.62×
Market median
+39% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
EH Chief Executive Officer | Chief Executive Officer | 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Former (1) | ||
| Chairman | 2021 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Elify Energy Group Ab | Company | 100% | 100% | 2024 |
| Company | 100% | 100% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of CHEAP ENERGY NORGE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Espen Halvorsen | Chief Executive Officer | 0 companies |
| Martin Henrik Gustafsson | Chairman | 0 companies |
| Siv Karlsen Moa | Board of Directors | 0 companies |
| Christophe Daniel Jean-Pierre Drouillet | Chairman | 0 companies |