Riskpilot← Back to searchSign inGet full accessGRØNDALSELVA KRAFT AS
ASActiveOrg 921862679Litlajuv 4, 5763 SkareProduction of electricity from renewable sources · NACE 3512Est. 20183 employees
Revenue 2024
NOK 5,3M
-24% vs 2023
EBITDA margin
57.4%
-39% vs 2023
Equity ratio
72.1%
Financial strength
Net profit 2024
NOK 1,1M
-56% vs 2023
| Revenue | NOK 5,3M | -24% |
| EBITDA | NOK 3,1M | -39% |
| Net profit | NOK 1,1M | -56% |
| Total assets | NOK 39,9M | -3% |
| Equity | NOK 28,7M | +4% |
| Employees | 3 | — |
Legal name
GRØNDALSELVA KRAFT AS
Org number
921862679
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
11. desember 2018
Share capital
NOK 11 000 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Bygge ut og drive kraftverk i grøndalselva i røldal.
Address
Litlajuv 4, 5763 Skare
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 0 | 71 | 21 584 | 6 968 | 5 320 |
| Staff expenses | −0 | −0 | −283 | −313 | −158 |
| EBITDA | −47 | 16 | 19 958 | 4 999 | 3 055 |
| Depreciation & amort. | −0 | −0 | −632 | −933 | −950 |
| EBIT | −47 | 16 | 19 326 | 4 066 | 2 105 |
| Net financials | 0 | −59 | −1 104 | −794 | −700 |
| Profit before tax | −47 | −43 | 18 222 | 3 272 | 1 404 |
| Tax | −10 | −9 | 4 009 | 755 | 309 |
| Net profit | −36 | −34 | 14 213 | 2 518 | 1 095 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 16 043 | 42 422 | 45 293 | 41 084 | 39 868 |
| Equity | 10 941 | 10 908 | 25 121 | 27 639 | 28 734 |
| Long-term debt | 0 | 0 | 14 182 | 11 674 | 10 160 |
| Short-term debt | 458 | 3 314 | 5 990 | 1 771 | 974 |
| Total debt | 5 102 | 31 514 | 20 172 | 13 445 | 11 134 |
EBITDA margin
57.4%
This company
15.8%
Market median
+263% vs market
20202024
Equity ratio
72.1%
This company
38.2%
Market median
+89% vs market
20202024
Return on equity
3.8%
This company
18.4%
Market median
-79% vs market
20202024
Net profit margin
20.6%
This company
8.1%
Market median
+154% vs market
20202024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
20202024
Debt / equity
0.39×
This company
0.62×
Market median
+37% 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 (1) | ||
GK Deputy Member | Deputy Member | 2018 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2025 | |
| Board of Directors | 2018 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 21.68% | 21.68% | 2024 | |
| Individual | 20% | 20% | 2024 | |
| Individual | 16.66% | 16.66% | 2024 | |
| Individual | 16.66% | 16.66% | 2024 | |
| Individual | 10% | 10% | 2024 | |
| Individual | 5% | 5% | 2024 | |
| Individual | 5% | 5% | 2024 | |
| Individual | 5% | 5% | 2024 |
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 GRØNDALSELVA KRAFT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Gunnar Kvåle | Deputy Member | 0 companies |
| Randi Kvåle | Board of Directors | 0 companies |
| Kjell Arvid Kvåle | Board of Directors | 0 companies |