Riskpilot← Back to searchSign inGet full accessKVITVELLA ELECTRISITETSVERK AS
ASActiveOrg 997434072Spikarmoen 16, 2900 FagernesProduction of electricity from renewable sources · NACE 3512Est. 20110 employeeswww.valdresenergi.no
Revenue 2024
NOK 2,7M
-18% vs 2023
EBITDA margin
46.4%
-11% vs 2023
Equity ratio
55.8%
Financial strength
Net profit 2024
NOK 21K
-86% vs 2023
| Revenue | NOK 2,7M | -18% |
| EBITDA | NOK 1,3M | -11% |
| Net profit | NOK 21K | -86% |
| Total assets | NOK 31,4M | -2% |
| Equity | NOK 17,5M | +0% |
| Employees | 0 | — |
Legal name
KVITVELLA ELECTRISITETSVERK AS
Org number
997434072
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
15. oktober 2011
Share capital
NOK 16 751 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og nestleder hver for seg.
Company purpose
Tilrettelegging, produksjon og salg av kraft og andre virksomheter som naturlig faller sammen med dette.
Address
Spikarmoen 16, 2900 Fagernes
Website
www.valdresenergi.no
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 384 | 2 773 | 6 941 | 3 275 | 2 699 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | −420 | 1 569 | 5 598 | 1 412 | 1 251 |
| Depreciation & amort. | −453 | 3 545 | 4 955 | −673 | −682 |
| EBIT | −873 | 5 114 | 10 552 | 739 | 569 |
| Net financials | −564 | −511 | −546 | −544 | −542 |
| Profit before tax | −1 438 | 4 603 | 10 007 | 194 | 27 |
| Tax | −0 | −0 | 157 | 43 | 6 |
| Net profit | −1 438 | 4 603 | 9 850 | 152 | 21 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 21 069 | 25 637 | 35 325 | 31 906 | 31 416 |
| Equity | 2 891 | 7 493 | 17 343 | 17 495 | 17 516 |
| Long-term debt | 17 700 | 17 100 | 16 657 | 13 600 | 13 006 |
| Short-term debt | 479 | 1 043 | 1 325 | 812 | 895 |
| Total debt | 18 179 | 18 143 | 17 981 | 14 411 | 13 900 |
EBITDA margin
46.4%
This company
15.8%
Market median
+194% vs market
20202024
Equity ratio
55.8%
This company
38.2%
Market median
+46% vs market
20202024
Return on equity
0.1%
This company
18.4%
Market median
-99% vs market
20202024
Net profit margin
0.8%
This company
8.1%
Market median
-90% vs market
20202024
Asset turnover
0.09×
This company
1.12×
Market median
-92% vs market
20202024
Debt / equity
0.79×
This company
0.62×
Market median
+27% 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 (4) | ||
PE Deputy Member | Deputy Member | 2019 |
BB Deputy Member | Deputy Member | 2019 |
ST Chief Executive Officer | Chief Executive Officer | 2024 |
KT Chief Executive Officer | Chief Executive Officer | 2026 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2019 | |
| Chairman | 2019 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 59.28% | 59.28% | 2024 | |
| Company | 40.45% | 40.45% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Nord-Aurdal Kommune
KVITVELLA ELECTRISITETSVERK AS Board members of KVITVELLA ELECTRISITETSVERK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Einar Tveit | Deputy Member | 0 companies |
| Bjørg Brestad | Deputy Member | 0 companies |
| Simon Thunestvedt | Chief Executive Officer | 0 companies |
| Kim Tronrud | Chief Executive Officer | 0 companies |
| Lene Dygd Kvisgaard | Board of Directors | 0 companies |
| Runar Kittelsen | Chairman | 0 companies |