Riskpilot← Back to searchSign inGet full accessFOLKESTAD KRAFTVERK AS
ASActiveOrg 988008192Bakken 46, 6120 FolkestadProduction of electricity from renewable sources · NACE 3512Est. 20050 employeesfolkestadkraftverk.com
Revenue 2024
NOK 2,1M
-9% vs 2023
EBITDA margin
50.0%
+13% vs 2023
Equity ratio
60.1%
Financial strength
Net profit 2024
NOK 523K
+30% vs 2023
| Revenue | NOK 2,1M | -9% |
| EBITDA | NOK 1,1M | +13% |
| Net profit | NOK 523K | +30% |
| Total assets | NOK 8,4M | -2% |
| Equity | NOK 5,1M | +3% |
| Employees | 0 | — |
Legal name
FOLKESTAD KRAFTVERK AS
Org number
988008192
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
21. mars 2005
Share capital
NOK 1 598 580
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styreleiar og ein styremedlem i fellesskap.
Company purpose
Å bygge ut og drive kraftverk i storelva, vassdragnr. 094.3z på dei vilkår som går fram av utbyggingsløyve gitt i konsesjon frå norges vassdrags- og energidirektorat 17. Desember 2004. Selskapet kan etter vedtak i generalforsamlinga og taa del i ulike bygde- og næringsutviklingstiltak.
Address
Bakken 46, 6120 Folkestad
Website
folkestadkraftverk.com
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 990 | 1 457 | 1 395 | 2 318 | 2 119 |
| Staff expenses | −104 | −122 | −112 | −102 | −104 |
| EBITDA | 273 | 680 | 388 | 936 | 1 060 |
| Depreciation & amort. | −309 | −309 | −251 | −251 | −249 |
| EBIT | −36 | 371 | 136 | 685 | 811 |
| Net financials | −117 | −104 | −138 | −161 | −141 |
| Profit before tax | −153 | 267 | −1 | 523 | 671 |
| Tax | −34 | 59 | 0 | 122 | 148 |
| Net profit | −119 | 208 | −2 | 402 | 523 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 8 292 | 8 398 | 7 971 | 8 579 | 8 412 |
| Equity | 4 826 | 4 873 | 4 872 | 4 888 | 5 058 |
| Long-term debt | 3 283 | 3 097 | 2 779 | 2 779 | 2 461 |
| Short-term debt | 184 | 428 | 320 | 911 | 893 |
| Total debt | 3 467 | 3 525 | 3 100 | 3 690 | 3 355 |
EBITDA margin
50.0%
This company
15.8%
Market median
+216% vs market
20202024
Equity ratio
60.1%
This company
38.2%
Market median
+57% vs market
20202024
Return on equity
10.3%
This company
18.4%
Market median
+44% vs market
20202024
Net profit margin
24.7%
This company
8.1%
Market median
+205% vs market
20202024
Asset turnover
0.25×
This company
1.12×
Market median
-78% vs market
20202024
Debt / equity
0.66×
This company
0.62×
Market median
+6% 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 (1) | ||
HO Deputy Member | Deputy Member | 2025 |
| Former (1) | ||
KK Deputy Member | Deputy Member | 2020 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2025 | |
| Chairman | 2020 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 9.97% | 9.97% | 2024 | |
| Individual | 9.97% | 9.97% | 2024 | |
| Individual | 9.97% | 9.97% | 2024 | |
| Individual | 6.85% | 6.85% | 2024 | |
| Individual | 6.23% | 6.23% | 2024 | |
| Individual | 6.23% | 6.23% | 2024 | |
| Individual | 6.23% | 6.23% | 2024 | |
| Individual | 4.98% | 4.98% | 2022 | |
| Individual | 4.98% | 4.98% | 2024 | |
| Individual | 4.98% | 4.98% | 2024 | |
| Individual | 3.43% | 3.43% | 2024 | |
| Individual | 3.12% | 3.12% | 2024 | |
| Individual | 2.8% | 2.8% | 2024 | |
| Individual | 2.49% | 2.49% | 2024 | |
| Individual | 2.49% | 2.49% | 2024 | |
| Individual | 1.87% | 1.87% | 2024 | |
| Individual | 1.56% | 1.56% | 2024 | |
| Individual | 1.56% | 1.56% | 2024 | |
| Individual | 1.56% | 1.56% | 2024 | |
| Individual | 1.56% | 1.56% | 2024 | |
| Individual | 1.56% | 1.56% | 2024 | |
| Individual | 1.25% | 1.25% | 2024 | |
| Individual | 1.25% | 1.25% | 2024 | |
| Individual | 1.25% | 1.25% | 2024 | |
| Individual | 1.25% | 1.25% | 2024 | |
| Individual | 1.25% | 1.25% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of FOLKESTAD KRAFTVERK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjetil Knutsen | Deputy Member | 0 companies |
| Hans Olav Øyehaug | Deputy Member | 0 companies |
| Arthur Geir Brenne | Board of Directors | 0 companies |
| Per Alfred Nordaune Holte | Chairman | 0 companies |