Riskpilot← Back to searchSign inGet full accessKVITNO KRAFT AS
ASActiveOrg 995703963Fjordavegen 996, 5776 NåProduction of electricity from renewable sources · NACE 3512Est. 20100 employees
Revenue 2024
NOK 968K
-49% vs 2023
EBITDA margin
78.7%
-38% vs 2023
Equity ratio
43.6%
Financial strength
Net profit 2024
NOK 200K
-76% vs 2023
| Revenue | NOK 968K | -49% |
| EBITDA | NOK 762K | -38% |
| Net profit | NOK 200K | -76% |
| Total assets | NOK 8,3M | -6% |
| Equity | NOK 3,6M | -2% |
| Employees | 0 | — |
Legal name
KVITNO KRAFT AS
Org number
995703963
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
7. august 2010
Share capital
NOK 200 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Utvikling og drift, herunder produksjon og salg av elektrisk kraft, av kraftverk i kvitnoelva i ullensvang og odda kommune.
Address
Fjordavegen 996, 5776 Nå
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 5 994 | 24 388 | 7 328 | 1 910 | 968 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 3 980 | 10 607 | 3 194 | 1 234 | 762 |
| Depreciation & amort. | −1 756 | −1 742 | −166 | −165 | −516 |
| EBIT | 2 223 | 8 865 | 3 027 | 1 069 | 245 |
| Net financials | −1 880 | −497 | −183 | −81 | −37 |
| Profit before tax | 344 | 8 367 | 2 844 | 987 | 208 |
| Tax | 76 | 1 841 | 602 | 166 | 9 |
| Net profit | 268 | 6 526 | 2 242 | 821 | 200 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 86 097 | 101 608 | 12 054 | 8 783 | 8 264 |
| Equity | 12 621 | 12 621 | 3 462 | 3 695 | 3 604 |
| Long-term debt | 70 548 | 66 706 | 3 696 | 3 491 | 4 192 |
| Short-term debt | 2 928 | 22 281 | 4 897 | 1 596 | 467 |
| Total debt | 73 476 | 88 987 | 8 593 | 5 088 | 4 659 |
EBITDA margin
78.7%
This company
15.8%
Market median
+398% vs market
20202024
Equity ratio
43.6%
This company
38.2%
Market median
+14% vs market
20202024
Return on equity
5.5%
This company
18.4%
Market median
-70% vs market
20202024
Net profit margin
20.7%
This company
8.1%
Market median
+156% vs market
20202024
Asset turnover
0.12×
This company
1.12×
Market median
-89% vs market
20202024
Debt / equity
1.29×
This company
0.62×
Market median
-108% 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 (2) | ||
KK Chief Executive Officer | Chief Executive Officer | 2020 |
MP Chief Executive Officer | Chief Executive Officer | 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Chairman | 2020 | |
| Board of Directors | 2025 | |
| Board of Directors | 2024 | |
| Former (1) | ||
| Board of Directors | 2020 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Forte Energy Norway As
KVITNO KRAFT AS Board members of KVITNO KRAFT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kristoffer Kjelstadli | Chief Executive Officer | 0 companies |
| Marius Pareau Dumont Hojem | Chief Executive Officer | 0 companies |
| Rein Husebø | Chairman | 0 companies |
| Leif Ove Jordal | Board of Directors | 0 companies |
| Vibeke Solum | Board of Directors | 0 companies |
| Sara Førde | Board of Directors | 0 companies |