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NORWEGIAN POWER AS
AS
Active
Org 922302529
Knarreviktoppen 48, 4637 Kristiansand S
Trade of electricity · NACE 3515
Est. 2019
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5,1M
-6% vs 2023
EBITDA margin
0.0%
+100% vs 2023
Equity ratio
-1222.9%
Financial strength
Net profit 2024
NOK 2K
+100% vs 2023
EBITDA — year on year
NOK millions
0M
-1M
-1M
-2M
-3M
0M
2020
0M
0%
2021
0M
0%
2022
-2M
-200%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 5,1M
-6%
EBITDA
NOK 2K
+100%
Net profit
NOK 2K
+100%
Total assets
NOK 244K
-10%
Equity
NOK -3M
+0%
Employees
1
—
Company information
Legal name
NORWEGIAN POWER AS
Org number
922302529
Legal form
Aksjeselskap
NACE code
3515 · Trade of electricity
Founded
27. februar 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder hver for seg.
Company purpose
Handel med elektrisitet.
Contact
Address
Knarreviktoppen 48, 4637 Kristiansand S
Phone
+4740406200
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Explore
Companies in Trade of electricity
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
0M
2020
3M
2021
10M
2022
5M
2023
5M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
-2M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
160
2 888
10 311
5 378
5 053
Staff expenses
−0
−332
−842
−609
−686
EBITDA
−161
−484
−162
−2 215
2
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−161
−484
−162
−2 215
2
Net financials
−0
−11
11
10
−0
Profit before tax
−162
−495
−151
−2 205
2
Tax
−0
−0
−0
−0
−0
Net profit
−162
−495
−151
−2 205
2
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
148
1 035
1 417
271
244
Equity
−132
−626
−778
−2 982
−2 980
Long-term debt
0
0
0
0
0
Short-term debt
280
1 661
2 195
3 253
3 224
Total debt
280
1 661
2 195
3 253
3 224
Financial ratios
5-year trend
EBITDA margin
0.0%
This company
15.8%
Market median
-100% vs market
2020
2024
Equity ratio
-1222.9%
This company
38.2%
Market median
-3301% vs market
2020
2024
Return on equity
179100.0%
This company
18.4%
Market median
+973270% vs market
2020
2024
Net profit margin
0.0%
This company
8.1%
Market median
-100% vs market
2020
2024
Asset turnover
20.73×
This company
1.12×
Market median
+1751% vs market
2020
2024
Debt / equity
1.08×
This company
0.62×
Market median
-74% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AK
Abdulla Kaed Shamsan
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Former (2)
FA
Fawzi Abdurahman Kaied
Chairman
2022 – 2023
TM
Thomas Mikaelsen
Board of Directors
2022 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
10%
10%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of NORWEGIAN POWER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Abdulla Kaed Shamsan
Chief Executive Officer
0 companies
Fawzi Abdurahman Kaied
Chairman
0 companies
Thomas Mikaelsen
Board of Directors
0 companies