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Glitre Nett AS
AS
Active
Org 982974011
Grønland 67, 3045
Drammen
Distribution of electricity
·
NACE 3514
Est. 2001 · 25 years old
475 employees
www.glitrenett.no
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Norway
/
Companies
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Distribution of electricity
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Glitre Nett AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
3.7B
2.7B
1.8B
0.9B
0B
2020: 1.5B
1.5B
2020
2021: 1.6B (+3% vs 2020)
1.6B
+3%
2021
2022: 2.1B (+35% vs 2021)
2.1B
+35%
2022
2023: 2.6B (+22% vs 2022)
2.6B
+22%
2023
2024: 2.9B (+12% vs 2023)
2.9B
+12%
2024
EBITDA
NOK millions
1.5B
1.1B
0.7B
0.4B
-0.0B
2020: 0.7B
0.7B
2020
2021: 0.5B (-26% vs 2020)
0.5B
-26%
2021
2022: 0.7B (+47% vs 2021)
0.7B
+47%
2022
2023: 1.0B (+41% vs 2022)
1.0B
+41%
2023
2024: 1.2B (+13% vs 2023)
1.2B
+13%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
2 941 016
2 624 654
2 147 204
1 586 956
1 534 202
Staff expenses
−448 418
−401 119
−254 385
−208 656
−177 944
EBITDA
1 167 345
1 030 478
730 303
495 623
668 229
Depreciation & amort.
−485 287
−477 829
−296 724
−275 678
−262 289
EBIT
682 058
552 649
433 579
219 945
405 940
Net financials
−266 742
−45 406
−88 529
−71 630
−89 659
Profit before tax
415 316
507 243
345 050
148 315
316 280
Tax
100 768
120 167
79 166
−0
−0
Net profit
314 549
387 076
265 884
115 617
246 282
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
12 949 261
11 890 690
11 624 122
7 366 270
6 470 405
Equity
3 684 669
3 425 748
7 801 748
1 117 502
1 001 690
Long-term debt
7 645 182
6 698 539
2 110 266
4 807 470
4 266 509
Short-term debt
1 590 012
1 750 522
1 689 199
1 386 337
1 148 866
Total debt
9 235 194
8 449 062
3 799 465
6 193 807
5 415 375
Financial ratios
5-year trend
EBITDA margin
39,7 %
This company
15,8 %
Market median
This company
Market median
151% above market
2020
2024
Equity ratio
28,5 %
This company
38,2 %
Market median
This company
Market median
25% below market
2020
2024
Return on equity
8,5 %
This company
18,4 %
Market median
This company
Market median
54% below market
2020
2024
Net profit margin
10,7 %
This company
8,1 %
Market median
This company
Market median
32% above market
2020
2024
Asset turnover
0,23×
This company
1,12×
Market median
This company
Market median
79% below market
2020
2024
Debt / equity
2,51×
This company
0,62×
Market median
This company
Market median
305% above market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on Glitre Nett AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network