Riskpilot← Back to searchSign inGet full accessGLITRE NETT AS
ASActiveOrg 982974011Grønland 67, 3045 DrammenDistribution of electricity · NACE 3514Est. 2001461 employeeswww.glitrenett.no
Revenue 2024
NOK 2,9B
+12% vs 2023
EBITDA margin
39.7%
+13% vs 2023
Equity ratio
28.5%
Financial strength
Net profit 2024
NOK 314,5M
-19% vs 2023
| Revenue | NOK 2,9B | +12% |
| EBITDA | NOK 1,2B | +13% |
| Net profit | NOK 314,5M | -19% |
| Total assets | NOK 12,9B | +9% |
| Equity | NOK 3,7B | +8% |
| Employees | 461 | — |
Legal name
GLITRE NETT AS
Org number
982974011
Legal form
Aksjeselskap
NACE code
3514 · Distribution of electricity
Founded
9. februar 2001
Share capital
NOK 296 149 000
Employees
461 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap, eller daglig leder og styrets leder i fellesskap.
Company purpose
Distribusjon av energi, herunder å bygge, eie og drive elektrisitetsnett og virksomhet som har tilknytning til dette, samt deltagelse i andre virksomheter. Selskapet kan også utnytte andre lønnsomme forretningsmuligheter innen energi, kommunikasjon og infrastruktur som står i naturlig sammenheng med det foregående.
Address
Grønland 67, 3045 Drammen
Website
www.glitrenett.no
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 | 1 534 202 | 1 586 956 | 2 147 204 | 2 624 654 | 2 941 016 |
| Staff expenses | −177 944 | −208 656 | −254 385 | −401 119 | −448 418 |
| EBITDA | 668 229 | 495 623 | 730 303 | 1 030 478 | 1 167 345 |
| Depreciation & amort. | −262 289 | −275 678 | −296 724 | −477 829 | −485 287 |
| EBIT | 405 940 | 219 945 | 433 579 | 552 649 | 682 058 |
| Net financials | −89 659 | −71 630 | −88 529 | −45 406 | −266 742 |
| Profit before tax | 316 280 | 148 315 | 345 050 | 507 243 | 415 316 |
| Tax | −0 | −0 | 79 166 | 120 167 | 100 768 |
| Net profit | 246 282 | 115 617 | 265 884 | 387 076 | 314 549 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 6 470 405 | 7 366 270 | 11 624 122 | 11 890 690 | 12 949 261 |
| Equity | 1 001 690 | 1 117 502 | 7 801 748 | 3 425 748 | 3 684 669 |
| Long-term debt | 4 266 509 | 4 807 470 | 2 110 266 | 6 698 539 | 7 645 182 |
| Short-term debt | 1 148 866 | 1 386 337 | 1 689 199 | 1 750 522 | 1 590 012 |
| Total debt | 5 415 375 | 6 193 807 | 3 799 465 | 8 449 062 | 9 235 194 |
EBITDA margin
39.7%
This company
15.8%
Market median
+151% vs market
20202024
Equity ratio
28.5%
This company
38.2%
Market median
-25% vs market
20202024
Return on equity
8.5%
This company
18.4%
Market median
-54% vs market
20202024
Net profit margin
10.7%
This company
8.1%
Market median
+32% vs market
20202024
Asset turnover
0.23×
This company
1.12×
Market median
-79% vs market
20202024
Debt / equity
2.51×
This company
0.62×
Market median
-305% 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 (6) | ||
TM Chief Executive Officer | Chief Executive Officer | 2022 |
MS Deputy Member | Deputy Member | 2025 |
IL Deputy Member | Deputy Member | 2025 |
CS Deputy Member | Deputy Member | 2025 |
HS Deputy Member | Deputy Member | 2024 |
HH Deputy Member | Deputy Member | 2025 |
| Former (10) | ||
JM Deputy Member | Deputy Member | 2024 – 2025 |
MV Deputy Member | Deputy Member | 2020 – 2021 |
MS Deputy Member | Deputy Member | 2022 – 2024 |
CH Deputy Member | Deputy Member | 2024 – 2025 |
BT Deputy Member | Deputy Member | 2020 – 2021 |
MS Deputy Member | Deputy Member | 2024 – 2025 |
AH Deputy Member | Deputy Member | 2020 – 2021 |
IM Deputy Member | Deputy Member | 2022 – 2024 |
JE Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
ØS Deputy Member | Deputy Member | 2022 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
| Board of Directors | 2023 | |
| Chairman | 2022 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2024 | |
| Board of Directors | 2022 | |
| Former (13) | ||
| Deputy Chairman | 2021 – 2022 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2024 – 2025 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2024 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2024 | |
| Board of Directors | 2022 – 2023 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2020 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 | |
| Company | 5.94% | 5.94% | 2022 | |
| Company | 3.87% | 3.87% | 2022 | |
| Company | 2.39% | 2.39% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KRISTIANSAND KOMMUNE
GLITRE NETT AS Board members of GLITRE NETT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tore Morten Wetterhus | Chief Executive Officer | 0 companies |
| Jan Myrslo-Kønig | Deputy Member | 0 companies |
| Moritz Staub | Deputy Member | 0 companies |
| Magne Vestøl | Deputy Member | 0 companies |
| Maria Storesund Brekke | Deputy Member | 0 companies |
| Ingrid Liavaag Goli | Deputy Member | 0 companies |
| Cecilie Sanden | Deputy Member | 0 companies |
| Cathrine Haavik Bjørnstadjordet | Deputy Member | 0 companies |
| Håkon Sæthre | Deputy Member | 0 companies |
| Bjørn Trygve Nordhagen | Deputy Member | 0 companies |
| Mari Sollid-Skarpeid | Deputy Member | 0 companies |
| Arnt Haugland | Deputy Member | 0 companies |
| Ingri Marie Petersen Hyldbakk | Deputy Member | 0 companies |
| Jan Erik Eldor | Chief Executive Officer | 0 companies |
| Øyvind Salvesen | Deputy Member | 0 companies |
| Henning Halvorsen | Deputy Member | 0 companies |
| Knut Hoven | Deputy Chairman | 0 companies |
| Endre Amundsen | Board of Directors | 0 companies |
| Kim-Rune Kastet | Board of Directors | 0 companies |
| Stein Johnsgård | Board of Directors | 0 companies |
| Sunniva Bruun Paulsen | Board of Directors | 0 companies |
| Runa Haave Andersson | Board of Directors | 0 companies |
| Svein-Erik Rustad | Board of Directors | 0 companies |
| Tor Søhus Porsanger | Board of Directors | 0 companies |
| Ole Theodor Dønnestad | Chairman | 0 companies |
| Kirsti Grønnerø Jacob | Board of Directors | 0 companies |
| Majken Margrethe Smith | Board of Directors | 0 companies |
| Kjersti Ekeren Brendengen | Board of Directors | 0 companies |
| Bjørn Niklas Sjøstrøm | Board of Directors | 0 companies |
| Bjørn Gunnar Baas | Board of Directors | 0 companies |
| Thomas Nipedal | Board of Directors | 0 companies |
| Nina Viksæter Aulie | Board of Directors | 0 companies |
| Sisilje Gregersen Havnes | Board of Directors | 0 companies |
| Svein Knutson Krogelien | Board of Directors | 0 companies |
| Per Vaaje | Board of Directors | 0 companies |
| Pål Jørgen Skjæggestad | Board of Directors | 0 companies |