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ØLSELVA KRAFTVERK AS
AS
Active
Org 994325205
Kambsvegen 60, 5590 Etne
Production of electricity from renewable sources · NACE 3512
Est. 2009
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 807K
-24% vs 2023
EBITDA margin
53.3%
-42% vs 2023
Equity ratio
45.8%
Financial strength
Net profit 2024
NOK 74K
-75% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
1M
+100%
2021
2M
+100%
2022
1M
-50%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 807K
-24%
EBITDA
NOK 430K
-42%
Net profit
NOK 74K
-75%
Total assets
NOK 5,9M
-5%
Equity
NOK 2,7M
+3%
Employees
0
—
Company information
Legal name
ØLSELVA KRAFTVERK AS
Org number
994325205
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
16. juli 2009
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Bygge og drive vannkraftverk samt hva hermed står i forbindelse, herunder delta i andre selskap med liknende virksomhet.
Contact
Address
Kambsvegen 60, 5590 Etne
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Explore
Companies in Production of electricity from renewable sources
Companies in Etne
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2020
1M
2021
3M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
1M
2021
2M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
187
879
2 835
1 068
807
Staff expenses
−0
−0
−0
−0
−0
EBITDA
71
636
2 281
738
430
Depreciation & amort.
−144
−144
−150
−155
−155
EBIT
−73
492
2 130
583
275
Net financials
−142
−105
−157
−196
−182
Profit before tax
−215
386
1 973
387
93
Tax
−47
85
434
86
19
Net profit
−169
301
1 539
301
74
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 623
5 124
7 382
6 188
5 885
Equity
482
783
2 322
2 623
2 697
Long-term debt
3 999
3 813
3 523
3 250
2 970
Short-term debt
131
518
1 526
304
206
Total debt
4 141
4 341
5 060
3 565
3 188
Financial ratios
5-year trend
EBITDA margin
53.3%
This company
15.8%
Market median
+237% vs market
2020
2024
Equity ratio
45.8%
This company
38.2%
Market median
+20% vs market
2020
2024
Return on equity
2.8%
This company
18.4%
Market median
-85% vs market
2020
2024
Net profit margin
9.2%
This company
8.1%
Market median
+14% vs market
2020
2024
Asset turnover
0.14×
This company
1.12×
Market median
-88% vs market
2020
2024
Debt / equity
1.18×
This company
0.62×
Market median
-90% 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)
EK
Egil Kambo
Chief Executive Officer
Chief Executive Officer
2009
VG
Viola Godri Kambo
Deputy Member
Deputy Member
2009
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
VØ
Vidar Øvrevik
Board of Directors
2009
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vidar Øvrevik As
Company
50%
50%
2022
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Company hierarchy
Vidar Øvrevik As
ØLSELVA KRAFTVERK AS
(this company)
Board network connections
Board members of ØLSELVA KRAFTVERK AS also hold positions in
0
other companies.
Person
Role here
Other companies
Egil Kambo
Chief Executive Officer
0 companies
Viola Godri Kambo
Deputy Member
0 companies
Vidar Øvrevik
Board of Directors
0 companies