Riskpilot← Back to searchSign inGet full accessKANDAL KRAFTVERK AS
ASActiveOrg 925797553Rigetjønnveien 14, 4626 Kristiansand SProduction of electricity from renewable sources · NACE 3512Est. 20200 employees
Revenue 2024
NOK 4,3M
-8% vs 2023
EBITDA margin
-15.9%
-152% vs 2023
Equity ratio
82.3%
Financial strength
Net profit 2024
NOK -2,3M
-562% vs 2023
| Revenue | NOK 4,3M | -8% |
| EBITDA | NOK -681K | -152% |
| Net profit | NOK -2,3M | -562% |
| Total assets | NOK 110,2M | -2% |
| Equity | NOK 90,7M | -3% |
| Employees | 0 | — |
Legal name
KANDAL KRAFTVERK AS
Org number
925797553
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
26. oktober 2020
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 og daglig leder hver for seg.
Company purpose
Produksjon og salg av elektrisk kraft og det som naturlig hører sammen med dette, herunder å delta i andre selskap med lignende virksomhet.
Address
Rigetjønnveien 14, 4626 Kristiansand S
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 0 | 5 513 | 4 782 | 4 649 | 4 290 |
| Staff expenses | −0 | −355 | −117 | −0 | −0 |
| EBITDA | 0 | 2 428 | 1 834 | 1 320 | −681 |
| Depreciation & amort. | −0 | −902 | −904 | −1 260 | −2 324 |
| EBIT | 0 | 1 526 | 930 | 60 | −3 006 |
| Net financials | −1 | −305 | −786 | −1 262 | 2 |
| Profit before tax | −1 | 1 221 | 145 | −1 202 | −3 004 |
| Tax | −0 | 483 | 33 | −848 | −661 |
| Net profit | −1 | 738 | 112 | −354 | −2 343 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 30 | 26 439 | 25 734 | 112 752 | 110 189 |
| Equity | 19 | 3 087 | 3 199 | 93 039 | 90 696 |
| Long-term debt | 0 | 20 819 | 20 700 | 18 285 | 17 624 |
| Short-term debt | 11 | 2 533 | 1 835 | 1 428 | 1 869 |
| Total debt | 11 | 23 352 | 22 535 | 19 713 | 19 493 |
EBITDA margin
-15.9%
This company
15.8%
Market median
-201% vs market
20202024
Equity ratio
82.3%
This company
38.2%
Market median
+115% vs market
20202024
Return on equity
-2.6%
This company
18.4%
Market median
-114% vs market
20202024
Net profit margin
-54.6%
This company
8.1%
Market median
-774% vs market
20202024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
0.21×
This company
0.62×
Market median
+66% 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 |
|---|---|---|
| Current (2) | ||
JT Chief Executive Officer | Chief Executive Officer | 2025 |
CF Chief Executive Officer | Chief Executive Officer | 2022 |
| Former (1) | ||
JI Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2023 | |
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Board of Directors | 2023 | |
| Former (3) | ||
| Chairman | 2023 – 2023 | |
| Board of Directors | 2020 – 2023 | |
| Chairman | 2020 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Sv Vesivoyma Oy | Company | 100% | 100% | 2024 |
| Individual | 100% | 100% | 2022 |
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 KANDAL KRAFTVERK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Terje Solhaug | Chief Executive Officer | 0 companies |
| Jon Inge Kandal | Chief Executive Officer | 0 companies |
| Carl Fredrik Lehland | Chief Executive Officer | 0 companies |
| Antti Joose Juhani Vilkuna | Chairman | 0 companies |
| Tero Pekka Samuli Karhumäki | Board of Directors | 0 companies |
| Per Kandal | Board of Directors | 0 companies |
| Måns Petter Holmberg | Chairman | 0 companies |
| Jon Gimmestad | Chairman | 0 companies |
| Marko Veikko Juhani Riipinen | Board of Directors | 0 companies |
| Pekka Vilhelmi Saijonmaa | Board of Directors | 0 companies |