Riskpilot← Back to searchSign inGet full accessFORTUM HEDGING AS
ASActiveOrg 970938974Askekroken 11, 0277 OsloTrade of electricity · NACE 3515Est. 199411 employees
Revenue 2024
NOK 51,9M
+50% vs 2023
EBITDA margin
51.5%
+88% vs 2023
Equity ratio
74.0%
Financial strength
Net profit 2024
NOK 57,1M
+128% vs 2023
| Revenue | NOK 51,9M | +50% |
| EBITDA | NOK 26,7M | +88% |
| Net profit | NOK 57,1M | +128% |
| Total assets | NOK 882,8M | -12% |
| Equity | NOK 653,4M | +0% |
| Employees | 11 | — |
Legal name
FORTUM HEDGING AS
Org number
970938974
Legal form
Aksjeselskap
NACE code
3515 · Trade of electricity
Founded
2. mai 1994
Share capital
NOK 50 000 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Handel med fysiske og finansielle kraftkontrakter og kraftderivater, samt andre finansielle energidervater og dervater på utslippskvoter, for egen regning eller på vegne av andre etter nærmere avtale.
Address
Askekroken 11, 0277 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 826 | 66 876 | 13 013 | 65 641 | 48 873 | 29 235 | 27 709 | 22 058 | 20 896 | 34 553 | 51 902 |
| Staff expenses | −15 549 | −18 222 | −12 344 | −19 224 | −15 411 | −18 690 | −12 486 | −14 666 | −14 690 | −12 939 | −15 705 |
| EBITDA | −26 739 | 36 488 | −12 266 | 34 059 | 18 466 | −2 921 | 6 741 | 697 | −42 570 | 14 222 | 26 728 |
| Depreciation & amort. | −2 443 | −1 267 | −2 233 | −2 057 | −1 577 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBIT | −29 182 | 35 221 | −14 499 | 32 001 | 16 889 | −2 921 | 6 741 | 697 | −42 570 | 14 222 | 26 728 |
| Net financials | 2 612 | −1 602 | 340 | 12 115 | −20 619 | −2 789 | −1 074 | 3 020 | −6 859 | 10 907 | 30 715 |
| Profit before tax | −26 570 | 33 620 | −14 158 | 44 117 | −3 730 | −5 710 | 5 667 | 3 717 | −49 429 | 25 130 | 57 443 |
| Tax | −7 154 | 8 571 | −4 007 | 10 550 | 3 576 | −1 176 | 1 249 | 571 | −10 958 | 44 | 315 |
| Net profit | −19 416 | 25 049 | −10 152 | 33 566 | −7 305 | −4 534 | 4 418 | 3 146 | −35 964 | 25 086 | 57 128 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 843 711 | 1 446 604 | 1 275 094 | 1 255 981 | 1 896 176 | 1 233 205 | 750 137 | 2 523 798 | 2 101 944 | 1 007 737 | 882 777 |
| Equity | 103 140 | 368 105 | 381 901 | 348 950 | 272 367 | 527 174 | 614 108 | 637 315 | 654 779 | 655 647 | 653 382 |
| Long-term debt | 0 | 7 500 | 11 477 | 1 022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 736 304 | 1 070 039 | 879 879 | 902 693 | 1 616 276 | 703 080 | 126 944 | 1 875 588 | 1 438 872 | 344 347 | 217 149 |
| Total debt | 736 304 | 1 077 539 | 891 356 | 903 715 | 1 616 276 | 703 080 | 126 944 | 1 875 588 | 1 438 872 | 344 348 | 217 149 |
EBITDA margin
51.5%
This company
15.8%
Market median
+226% vs market
20142024
Equity ratio
74.0%
This company
38.2%
Market median
+94% vs market
20142024
Return on equity
8.7%
This company
18.4%
Market median
-53% vs market
20142024
Net profit margin
110.1%
This company
8.1%
Market median
+1259% vs market
20142024
Asset turnover
0.06×
This company
1.12×
Market median
-95% vs market
20142024
Debt / equity
0.35×
This company
0.62×
Market median
+44% vs market
20142024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JM Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2021 | — | — | |
| Chairman | 2018 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
FORTUM FORVALTNING AS | Company | 100.0% | 100.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
FORTUM FORVALTNING AS
FORTUM HEDGING AS Board members of FORTUM HEDGING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Juha Markus Sebastian Sundberg | Chief Executive Officer | 0 companies |
| Frode Otnes | Board of Directors | 0 companies |
| Mikko Samuli Huopalainen | Board of Directors | 0 companies |
| Mats Olov Persson | Chairman | 0 companies |
| Simon-Erik Aleksi Ollus | Chairman | 0 companies |
| Knut Braathen | Chairman | 0 companies |
| Bo Martin Lindstrom | Board of Directors | 0 companies |