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FOSSMARK KRAFT AS
AS
Active
Org 988037184
Fossmorkvegen 1458, 4110 Forsand
Production of electricity from renewable sources · NACE 3512
Est. 2005
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,6M
-15% vs 2023
EBITDA margin
30.3%
-35% vs 2023
Equity ratio
52.2%
Financial strength
Net profit 2024
NOK 224K
-63% vs 2023
EBITDA — year on year
NOK millions
9M
7M
4M
2M
0M
0M
2020
2M
+200%
2021
7M
+250%
2022
2M
-71%
2023
1M
-50%
2024
Key figures
Annual report 2024
Revenue
NOK 3,6M
-15%
EBITDA
NOK 1,1M
-35%
Net profit
NOK 224K
-63%
Total assets
NOK 9,9M
-8%
Equity
NOK 5,2M
-1%
Employees
0
—
Company information
Legal name
FOSSMARK KRAFT AS
Org number
988037184
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
31. mars 2005
Share capital
NOK 280 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utbygging, produksjon og salg av energi i egen regi.
Contact
Address
Fossmorkvegen 1458, 4110 Forsand
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Companies in Production of electricity from renewable sources
Companies in Sandnes
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
1M
2020
3M
2021
9M
2022
4M
2023
4M
2024
EBITDA
NOK millions
0M
2M
4M
6M
8M
0M
2020
2M
2021
7M
2022
2M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
739
3 130
8 921
4 225
3 586
Staff expenses
−0
−0
−0
−0
−0
EBITDA
208
2 277
6 942
1 673
1 088
Depreciation & amort.
−370
−351
−495
−505
−507
EBIT
−162
1 926
6 447
1 168
581
Net financials
−358
−282
−351
−334
−293
Profit before tax
−520
1 644
6 096
834
288
Tax
−114
362
1 341
230
63
Net profit
−406
1 282
4 755
604
224
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 651
11 067
12 624
10 793
9 895
Equity
−299
983
5 038
5 242
5 166
Long-term debt
9 705
9 235
5 609
4 882
4 256
Short-term debt
245
848
1 977
669
473
Total debt
9 950
10 084
7 586
5 551
4 729
Financial ratios
5-year trend
EBITDA margin
30.3%
This company
15.8%
Market median
+92% vs market
2020
2024
Equity ratio
52.2%
This company
38.2%
Market median
+37% vs market
2020
2024
Return on equity
4.3%
This company
18.4%
Market median
-77% vs market
2020
2024
Net profit margin
6.3%
This company
8.1%
Market median
-22% vs market
2020
2024
Asset turnover
0.36×
This company
1.12×
Market median
-68% vs market
2020
2024
Debt / equity
0.92×
This company
0.62×
Market median
+48% 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
Name
Role
Member since
Current (2)
RM
Reidar Maurits Thu
Chief Executive Officer
Chief Executive Officer
2005
MO
Marta Oddveig Thu
Deputy Member
Deputy Member
2005
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FOSSMARK KRAFT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Reidar Maurits Thu
Chief Executive Officer
0 companies
Marta Oddveig Thu
Deputy Member
0 companies