Riskpilot← Back to searchSign inGet full accessWATTN AS
ASActiveOrg 925638153Retirovegen 4, 6019 ÅlesundTrade of electricity · NACE 3515Est. 202045 employees
Revenue 2024
NOK 1,7B
-11% vs 2023
EBITDA margin
2.2%
+47% vs 2023
Equity ratio
65.7%
Financial strength
Net profit 2024
NOK 774K
+106% vs 2023
| Revenue | NOK 1,7B | -11% |
| EBITDA | NOK 37M | +47% |
| Net profit | NOK 774K | +106% |
| Total assets | NOK 674,8M | -34% |
| Equity | NOK 443,6M | +2% |
| Employees | 45 | — |
Legal name
WATTN AS
Org number
925638153
Legal form
Aksjeselskap
NACE code
3515 · Trade of electricity
Founded
17. september 2020
Share capital
NOK 126 689 850
Employees
45 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Omsetning av elektrisk energi og annen virksomhet med naturlig tilknytning til dette, herunder samarbeid med eller deltagelse i andre selskaper med tilsvarende eller lignende formål.
Address
Retirovegen 4, 6019 Ålesund
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 | 1 | 1 447 213 | 2 156 942 | 1 889 479 | 1 685 757 |
| Staff expenses | −765 | −50 428 | −56 592 | −58 533 | −62 419 |
| EBITDA | −5 583 | −3 432 | 8 734 | 25 095 | 36 995 |
| Depreciation & amort. | −0 | −19 164 | −28 657 | −35 642 | −35 459 |
| EBIT | −5 583 | −22 596 | −19 923 | −10 547 | 1 536 |
| Net financials | 3 786 | −1 421 | −2 617 | −5 304 | −936 |
| Profit before tax | −1 797 | −24 017 | −22 540 | −15 851 | 600 |
| Tax | −1 226 | −5 557 | −5 456 | −2 189 | −174 |
| Net profit | −571 | −18 460 | −17 084 | −13 662 | 774 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 503 206 | 881 859 | 1 259 145 | 1 025 873 | 674 784 |
| Equity | 476 787 | 443 671 | 428 909 | 434 118 | 443 584 |
| Long-term debt | 0 | 59 961 | 53 126 | 47 795 | 39 487 |
| Short-term debt | 26 419 | 378 227 | 777 110 | 543 960 | 191 713 |
| Total debt | 26 419 | 438 188 | 830 236 | 591 756 | 231 200 |
EBITDA margin
2.2%
This company
15.8%
Market median
-86% vs market
20202024
Equity ratio
65.7%
This company
38.2%
Market median
+72% vs market
20202024
Return on equity
0.2%
This company
18.4%
Market median
-99% vs market
20202024
Net profit margin
0.0%
This company
8.1%
Market median
-100% vs market
20202024
Asset turnover
2.50×
This company
1.12×
Market median
+123% vs market
20202024
Debt / equity
0.52×
This company
0.62×
Market median
+16% 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 2020-08-19 – 2020-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
EE Deputy Member | Deputy Member | 2025 | — | — |
RJ Deputy Member | Deputy Member | 2024 | — | — |
BD Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
LR Deputy Member | Deputy Member | 2024 | — | — |
TB Deputy Member | Deputy Member | 2024 | — | — |
ØV Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
LR Deputy Member | Deputy Member | 2024 | — | — |
HL Deputy Member | Deputy Member | 2025 | — | — |
KR Deputy Member | Deputy Member | 2021 | — | — |
OO Deputy Member | Deputy Member | 2024 | — | — |
AT Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
SR Deputy Member | Deputy Member | 2024 | — | — |
BL Deputy Member | Deputy Member | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Tafjord Kraft As | Company | 35.5% | 35.5% | 2024 |
Sogn Og Fjordane Energi As | Company | 25.6% | 25.6% | 2024 |
Tussa Kraft As | Company | 24.5% | 24.5% | 2024 |
Sognekraft As | Company | 14.4% | 14.4% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Kommunal Landspensjonskasse Gjensidig Forsikringsselskap
WATTN AS Board members of WATTN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Erik Espeset | Deputy Member | 0 companies |
| Rune Jelle-Slenes | Deputy Member | 0 companies |
| Bjarne Dybvik | Chief Executive Officer | 0 companies |
| Liv Randi Teige | Deputy Member | 0 companies |
| Terje Bakke Nævdal | Deputy Member | 0 companies |
| Øystein Vikingsen Fauske | Chief Executive Officer | 0 companies |
| Lasse Refsdal | Deputy Member | 0 companies |
| Hilde Langtangen | Deputy Member | 0 companies |
| Kjetil Rørstad | Deputy Member | 0 companies |
| Olav Osvoll | Deputy Member | 0 companies |
| Arne Thomas Haram | Chief Executive Officer | 0 companies |
| Stig Reiten | Deputy Member | 0 companies |
| Berit Larsen | Deputy Member | 0 companies |
| Marius Løseth Hauge | Board of Directors | 0 companies |
| Ingvill Hestenes | Board of Directors | 0 companies |
| Stine Drabløs Larsen | Board of Directors | 0 companies |
| Johannes Rauboti | Board of Directors | 0 companies |
| Knut Arild Flatjord | Board of Directors | 0 companies |
| Beate Vigmostad Grøvik | Board of Directors | 0 companies |
| Johnny Ivar Haugsbakk | Board of Directors | 0 companies |
| Christian Pritchard | Chairman | 0 companies |
| Ellen Katrine Kristensen | Board of Directors | 0 companies |
| Elling Andreas Dybdal | Board of Directors | 0 companies |
| Terje Søvikhagen | Board of Directors | 0 companies |