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FOSSÅNO KRAFTVERK AS
AS
Active
Org 987800534
Suldalsvegen 487, 4230 Sand
Production of electricity from renewable sources · NACE 3512
Est. 2005
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,3M
-40% vs 2023
EBITDA margin
61.1%
-49% vs 2023
Equity ratio
77.4%
Financial strength
Net profit 2024
NOK 1,6M
-52% vs 2023
EBITDA — year on year
NOK millions
11M
8M
6M
3M
0M
0M
2020
3M
+300%
2021
9M
+200%
2022
4M
-56%
2023
2M
-50%
2024
Key figures
Annual report 2024
Revenue
NOK 3,3M
-40%
EBITDA
NOK 2M
-49%
Net profit
NOK 1,6M
-52%
Total assets
NOK 12,4M
-8%
Equity
NOK 9,6M
+1%
Employees
0
—
Company information
Legal name
FOSSÅNO KRAFTVERK AS
Org number
987800534
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
29. januar 2005
Share capital
NOK 1 000 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene
Company purpose
Selskapet sitt føremål er å bygga kraftverk og produsera elektrisk kraft for sal, og andre produkter/tjenester som naturleg høyrer saman med dette.
Contact
Address
Suldalsvegen 487, 4230 Sand
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Explore
Companies in Production of electricity from renewable sources
Companies in Suldal
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
0M
2020
4M
2021
11M
2022
6M
2023
3M
2024
EBITDA
NOK millions
0M
3M
5M
8M
10M
0M
2020
3M
2021
9M
2022
4M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
483
3 619
11 004
5 556
3 321
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−7
2 638
9 246
3 990
2 030
Depreciation & amort.
−326
−326
−326
−326
−327
EBIT
−332
2 312
8 920
3 663
1 702
Net financials
142
57
−983
454
249
Profit before tax
−190
2 370
7 937
4 118
1 952
Tax
−116
467
1 936
873
396
Net profit
−74
1 903
6 001
3 244
1 555
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 048
13 967
16 365
13 436
12 361
Equity
6 363
7 266
8 267
9 511
9 567
Long-term debt
4 498
4 099
37
34
29
Short-term debt
188
2 603
8 061
3 890
2 765
Total debt
4 685
6 702
8 098
3 925
2 794
Financial ratios
5-year trend
EBITDA margin
61.1%
This company
15.8%
Market median
+287% vs market
2020
2024
Equity ratio
77.4%
This company
38.2%
Market median
+103% vs market
2020
2024
Return on equity
16.3%
This company
18.4%
Market median
+11% vs market
2020
2024
Net profit margin
46.8%
This company
8.1%
Market median
+478% vs market
2020
2024
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
2020
2024
Debt / equity
0.29×
This company
0.62×
Market median
+53% vs 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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AF
Albert Foss
Chairman
2020
Former (1)
ER
Erling Ritland
Board of Directors
2020 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Edvin Hoftun Foss
Individual
24%
24%
2023
Vegard Hoftun Foss
Individual
24%
24%
2023
Simon Ritland
Individual
17%
17%
2023
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FOSSÅNO KRAFTVERK AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erling Ritland
Board of Directors
0 companies
Albert Foss
Chairman
0 companies