Riskpilot← Back to searchSign inGet full accessFOLKEKRAFT.NO AS
ASActiveOrg 919665289Vestre Skostredet 2, 5017 BergenTrade of electricity · NACE 3515Est. 20170 employeesfolkekraft.no
Revenue 2024
NOK 6M
+1% vs 2023
EBITDA margin
-7.8%
+59% vs 2023
Equity ratio
-207.1%
Financial strength
Net profit 2024
NOK -529K
+59% vs 2023
| Revenue | NOK 6M | +1% |
| EBITDA | NOK -467K | +59% |
| Net profit | NOK -529K | +59% |
| Total assets | NOK 1M | -61% |
| Equity | NOK -2,1M | -33% |
| Employees | 0 | — |
Legal name
FOLKEKRAFT.NO AS
Org number
919665289
Legal form
Aksjeselskap
NACE code
3515 · Trade of electricity
Founded
4. oktober 2017
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Krafthandel og salg av kraft, samt alt som står i naturlig forbindelse med dette.
Address
Vestre Skostredet 2, 5017 Bergen
Website
folkekraft.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 0 | 572 | 4 484 | 5 934 | 6 002 |
| Staff expenses | −0 | −0 | −3 | −0 | −0 |
| EBITDA | −3 | −369 | −258 | −1 148 | −467 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 |
| EBIT | −3 | −369 | −258 | −1 148 | −467 |
| Net financials | 0 | 0 | −14 | −141 | −62 |
| Profit before tax | −3 | −369 | −272 | −1 289 | −529 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −3 | −369 | −272 | −1 289 | −529 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 0 | 560 | −1 014 | 2 626 | 1 021 |
| Equity | 30 | 30 | −242 | −1 586 | −2 114 |
| Long-term debt | −30 | 350 | −742 | 1 453 | 1 228 |
| Short-term debt | 0 | 180 | −30 | 2 759 | 1 908 |
| Total debt | −30 | 530 | −772 | 4 212 | 3 136 |
EBITDA margin
-7.8%
This company
15.8%
Market median
-149% vs market
20202024
Equity ratio
-207.1%
This company
38.2%
Market median
-642% vs market
20202024
Return on equity
-52883100.0%
This company
18.4%
Market median
-287408252% vs market
20202024
Net profit margin
-8.8%
This company
8.1%
Market median
-209% vs market
20202024
Asset turnover
5.88×
This company
1.12×
Market median
+425% vs market
20202024
Debt / equity
1.48×
This company
0.62×
Market median
-139% 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 |
|---|---|---|
| Former (3) | ||
YA Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
RW Chief Executive Officer | Chief Executive Officer | 2022 – 2022 |
JN Chief Executive Officer | Chief Executive Officer | 2022 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2023 | |
| Former (2) | ||
| Board of Directors | 2022 – 2023 | |
| Chairman | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 | |
| Individual | 25% | 25% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Folkekraft Group As
FOLKEKRAFT.NO AS Board members of FOLKEKRAFT.NO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Yosef Araya Fessehaye | Chief Executive Officer | 0 companies |
| Rob Weldemichael | Chief Executive Officer | 0 companies |
| Jomaa Nazari | Chief Executive Officer | 0 companies |
| Senait Kifleyesus Tekle | Board of Directors | 0 companies |
| Senait Bereket Nguse | Chairman | 0 companies |
| Geir Morten Folkestad | Chairman | 0 companies |