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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 · 20 years old
1 employees
Monitor
Share
Norway
/
Companies
/
Production of electricity from renewable sources
/
Kvernstad Kraft AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
7M
6M
4M
2M
0M
2021: 5M
5M
2021
2022: 4M (-20% vs 2021)
4M
-20%
2022
2023: 6M (+50% vs 2022)
6M
+50%
2023
2024: 4M (-33% vs 2023)
4M
-33%
2024
2025: 3M (-25% vs 2024)
3M
-25%
2025
EBITDA
NOK millions
5M
4M
2M
1M
0M
2021: 3M
3M
2021
2022: 2M (-33% vs 2021)
2M
-33%
2022
2023: 4M (+100% vs 2022)
4M
+100%
2023
2024: 2M (-50% vs 2023)
2M
-50%
2024
2025: 2M (0% vs 2024)
2M
0%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
3 341
3 712
5 759
3 531
5 143
Staff expenses
−531
−872
−917
−833
−637
EBITDA
1 827
1 709
3 546
1 514
3 061
Depreciation & amort.
−849
−857
−858
−854
−838
EBIT
977
852
2 688
660
2 223
Net financials
−1 643
−1 737
−1 632
−1 087
−990
Profit before tax
−666
−886
1 057
−426
1 233
Tax
−0
−0
−0
−0
−0
Net profit
−666
−886
1 057
−426
1 233
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
16 338
17 185
19 347
19 461
21 703
Equity
−7 702
−7 036
−6 150
−7 207
−6 780
Long-term debt
0
23 612
24 673
25 734
26 635
Short-term debt
39
609
824
933
1 848
Total debt
24 040
24 221
25 497
26 667
28 483
Financial ratios
5-year trend
EBITDA margin
54,7 %
This company
15,8 %
Market median
This company
Market median
246% above market
2021
2025
Equity ratio
−47,1 %
This company
38,2 %
Market median
This company
Market median
223% below market
2021
2025
Return on equity
—
This company
18,4 %
Market median
This company
Market median
2021
2025
Net profit margin
−19,9 %
This company
8,1 %
Market median
This company
Market median
346% below market
2021
2025
Asset turnover
0,20×
This company
1,12×
Market median
This company
Market median
82% below market
2021
2025
Debt / equity
—
This company
0,62×
Market median
This company
Market median
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Kvernstad Kraft AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
