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KVERNSTAD KRAFT AS
AS
Active
Org 989761927
Sæther Gård Nordre Ringsveg 193, 2372 Brøttum
Production of electricity from renewable sources · NACE 3512
Est. 2006
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,7M
-36% vs 2023
EBITDA margin
46.0%
-52% vs 2023
Equity ratio
-40.9%
Financial strength
Net profit 2024
NOK -886K
-184% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
1M
2020
3M
+200%
2021
2M
-33%
2022
4M
+100%
2023
2M
-50%
2024
Key figures
Annual report 2024
Revenue
NOK 3,7M
-36%
EBITDA
NOK 1,7M
-52%
Net profit
NOK -886K
-184%
Total assets
NOK 17,2M
-11%
Equity
NOK -7M
-14%
Employees
1
—
Company information
Legal name
KVERNSTAD KRAFT AS
Org number
989761927
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
3. mai 2006
Share capital
NOK 200 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Kraftproduksjon, konsulent oppdrag vannkraft, og el-service.
Contact
Address
Sæther Gård Nordre Ringsveg 193, 2372 Brøttum
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Explore
Companies in Production of electricity from renewable sources
Companies in Ringsaker
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
2M
2020
5M
2021
4M
2022
6M
2023
4M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
1M
2020
3M
2021
2M
2022
4M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 411
5 143
3 531
5 759
3 712
Staff expenses
−261
−637
−833
−917
−872
EBITDA
1 186
3 061
1 514
3 546
1 709
Depreciation & amort.
−788
−838
−854
−858
−857
EBIT
398
2 223
660
2 688
852
Net financials
−1 057
−990
−1 087
−1 632
−1 737
Profit before tax
−659
1 233
−426
1 057
−886
Tax
2 065
−0
−0
−0
−0
Net profit
−2 724
1 233
−426
1 057
−886
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
20 394
21 703
19 461
19 347
17 185
Equity
−8 013
−6 780
−7 207
−6 150
−7 036
Long-term debt
27 633
26 635
25 734
24 673
23 612
Short-term debt
774
1 848
933
824
609
Total debt
28 407
28 483
26 667
25 497
24 221
Financial ratios
5-year trend
EBITDA margin
46.0%
This company
15.8%
Market median
+191% vs market
2020
2024
Equity ratio
-40.9%
This company
38.2%
Market median
-207% vs market
2020
2024
Return on equity
-88578400.0%
This company
18.4%
Market median
-481404448% vs market
2020
2024
Net profit margin
-23.9%
This company
8.1%
Market median
-395% vs market
2020
2024
Asset turnover
0.22×
This company
1.12×
Market median
-80% vs market
2020
2024
Debt / equity
3.44×
This company
0.62×
Market median
-455% 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 (1)
LS
Lene Sæther
Deputy Member
Deputy Member
2014
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
FI
Frank Ingard Hansen
Chairman
2014
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of KVERNSTAD KRAFT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lene Sæther
Deputy Member
0 companies
Frank Ingard Hansen
Chairman
0 companies