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ASActiveOrg 980038408Breiflåtveien 18, 4017 StavangerDistribution of electricity · NACE 3514Est. 1998378 employeeswww.l-nett.no
Revenue 2024
NOK 1,9B
+11% vs 2023
EBITDA margin
53.2%
+6% vs 2023
Equity ratio
32.7%
Financial strength
Net profit 2024
NOK 422,9M
+8% vs 2023
| Revenue | NOK 1,9B | +11% |
| EBITDA | NOK 1B | +6% |
| Net profit | NOK 422,9M | +8% |
| Total assets | NOK 9,2B | +11% |
| Equity | NOK 3B | +29% |
| Employees | 378 | — |
Legal name
LNETT AS
Org number
980038408
Legal form
Aksjeselskap
NACE code
3514 · Distribution of electricity
Founded
23. juli 1998
Share capital
NOK 294 149 548
Employees
378 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
-bygge og drive rasjonelle og sikre overføringsnett for energidistribusjon fra produksjon til forbruker. -være en kundeorientert aktør. -tilby tjenester med eksternt markedspotensial som har relevans til kjernevirksomheten. -drive annen virksomhet i forbindelse med ovennevnt formål. -delta i andre selskap innen rammen av ovennevnte formål.
Address
Breiflåtveien 18, 4017 Stavanger
Website
www.l-nett.no
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| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 088 320 | 1 187 179 | 1 366 651 | 1 375 675 | 1 527 609 | 1 517 333 | 1 546 620 | 1 446 748 | 1 636 700 | 1 723 292 | 1 918 805 |
| Staff expenses | −53 874 | −88 870 | −206 160 | −198 911 | −213 812 | −212 378 | −182 347 | −181 665 | −196 968 | −208 404 | −217 282 |
| EBITDA | 295 286 | 347 691 | 489 051 | 406 973 | 454 040 | 382 860 | 550 836 | 443 598 | 473 555 | 959 904 | 1 019 945 |
| Depreciation & amort. | −142 668 | −158 069 | −190 755 | −203 793 | −247 606 | −195 624 | −248 457 | −280 230 | −252 882 | −294 983 | −320 274 |
| EBIT | 152 618 | 189 622 | 298 296 | 203 180 | 206 434 | 187 236 | 302 379 | 163 368 | 220 673 | 664 921 | 699 671 |
| Net financials | −41 989 | −35 059 | −34 123 | −51 030 | −48 276 | −60 259 | −36 402 | −42 840 | −77 703 | −157 184 | −147 744 |
| Profit before tax | 110 629 | 154 563 | 264 173 | 152 150 | 158 158 | 126 976 | 265 977 | 120 528 | 142 971 | 507 737 | 551 926 |
| Tax | 30 623 | 33 178 | 61 116 | 28 871 | 26 277 | 28 463 | 58 888 | 26 555 | 31 776 | 116 139 | 129 067 |
| Net profit | 80 006 | 121 386 | 203 057 | 123 279 | 131 881 | 98 514 | 207 089 | 93 972 | 111 195 | 391 599 | 422 859 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3 253 771 | 3 741 812 | 3 977 200 | 4 409 456 | 4 689 511 | 5 204 853 | 5 638 329 | 6 415 338 | 6 925 538 | 8 355 817 | 9 247 479 |
| Equity | 621 397 | 621 799 | 703 433 | 701 650 | 787 149 | 1 285 287 | 1 372 512 | 1 412 777 | 1 569 942 | 2 349 225 | 3 022 874 |
| Long-term debt | 3 741 067 | 2 321 931 | 2 321 274 | 2 747 192 | 2 999 480 | 2 496 562 | 3 216 895 | 3 707 670 | 3 955 911 | 5 201 001 | 5 176 525 |
| Short-term debt | 625 663 | 728 970 | 845 194 | 849 327 | 821 206 | 1 354 032 | 931 488 | 1 236 611 | 1 346 081 | 727 035 | 975 125 |
| Total debt | 2 508 051 | 3 050 901 | 3 166 468 | 3 596 519 | 3 820 687 | 3 850 595 | 4 148 383 | 4 944 281 | 5 301 992 | 5 928 036 | 6 151 650 |
EBITDA margin
53.2%
This company
15.8%
Market median
+237% vs market
20142024
Equity ratio
32.7%
This company
38.2%
Market median
+14% vs market
20142024
Return on equity
14.0%
This company
18.4%
Market median
+24% vs market
20142024
Net profit margin
22.0%
This company
8.1%
Market median
+172% vs market
20142024
Asset turnover
0.21×
This company
1.12×
Market median
-81% vs market
20142024
Debt / equity
2.06×
This company
0.62×
Market median
-232% 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 |
|---|---|---|---|---|
HT Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
KO Deputy Member | Deputy Member | 2023 | — | — |
KS Deputy Member | Deputy Member | 2020 | — | — |
TA Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
TT Deputy Member | Deputy Member | 2024 | — | — |
SG Deputy Member | Deputy Member | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Lyse As | Company | 100.0% | 100.0% | 2024 |
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Sandnes Kommune
LNETT AS Board members of LNETT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Håvard Tamburstuen | Chief Executive Officer | 0 companies |
| Karen Ommundsen | Deputy Member | 0 companies |
| Kjetil Solbakken | Deputy Member | 0 companies |
| Trond Are Bromann Winther | Chief Executive Officer | 0 companies |
| Tuva Torsteinbø | Deputy Member | 0 companies |
| Synnøve Garborg | Deputy Member | 0 companies |
| Rosalie Francine Petronella Poen | Board of Directors | 0 companies |
| Martin Langvik | Chairman | 0 companies |
| Ove Otterbech Jølbo | Board of Directors | 0 companies |
| Marianne Frøystad Ånestad | Chairman | 0 companies |
| Eirik Rasmussen | Board of Directors | 0 companies |
| Inge Vadla | Board of Directors | 0 companies |
| Ketil Tømmernes | Board of Directors | 0 companies |
| Arne Malvin Sele | Board of Directors | 0 companies |
| Mina Hillstad | Board of Directors | 0 companies |
| Grethe Høiland | Board of Directors | 0 companies |
| Martin Nødland Hjelmeland | Board of Directors | 0 companies |
| Siv-Elin Blix Bogfjelldal | Board of Directors | 0 companies |
| Steinar Bjørnsen | Chairman | 0 companies |
| John Atle Bjerka | Board of Directors | 0 companies |
| Mona Johansen | Board of Directors | 0 companies |
| Magnus Aasheim Andersen | Board of Directors | 0 companies |
| Magne Gunnar Bratland | Board of Directors | 0 companies |