Fagne AS is a Norwegian AS based in Haugesund, operating in the Distribution of electricity sector. Incorporated in 2015, the company has 260 employees and reported revenue of 1,3 mrd. kr in its latest annual filing.
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Company purpose
Å omforme, overføre og fordele elektrisk energi gjennom drift av kraftnett med dertil hørende virksomhet. Selskapet skal bidra til en sikker og rasjonell energiforskyvning, samt arbeide for god energiøkonomi. Selskapet kan delta i andre selskaper med lignende virksomhet.
In its most recent annual report (2025), Fagne AS reported revenue of 1,3 mrd. kr, an increase of 4% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of 193,8 mill. kr, and the EBITDA margin stood at 44.8%.
At the end of 2025, equity financed 42.5% of the balance sheet, and current assets covered short-term debt 1.1 times.
Frequently asked questions
What is the Org number of Fagne AS?
Fagne AS is registered with Brønnøysundsregistrene under Org 915635857.
What is the revenue of Fagne AS?
Fagne AS reported revenue of 1,3 mrd. kr in 2025.
How many employees does Fagne AS have?
Fagne AS employs 260 people as of the latest annual report.
Who is the CEO of Fagne AS?
Kristoffer Vannes is the CEO of Fagne AS, in role since 2023.
Who is the chairman of Fagne AS?
John Harald Jakobsen chairs the board of Fagne AS, in role since 2022.
Where is Fagne AS headquartered?
Fagne AS's registered address is Haukelivegen 25, 5529 Haugesund.
