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Kvitvella Electrisitetsverk AS
AS
Active
Org 997434072
Spikarmoen 16, 2900
Fagernes
Production of electricity from renewable sources
·
NACE 3512
Est. 2011 · 14 years old
0 employees
www.valdresenergi.no
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Norway
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Companies
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Production of electricity from renewable sources
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Kvitvella Electrisitetsverk AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
9M
7M
4M
2M
0M
2021: 3M
3M
2021
2022: 7M (+133% vs 2021)
7M
+133%
2022
2023: 3M (-57% vs 2022)
3M
-57%
2023
2024: 3M (0% vs 2023)
3M
0%
2024
2025: 3M (0% vs 2024)
3M
0%
2025
EBITDA
NOK millions
7M
6M
4M
2M
0M
2021: 2M
2M
2021
2022: 6M (+200% vs 2021)
6M
+200%
2022
2023: 1M (-83% vs 2022)
1M
-83%
2023
2024: 1M (0% vs 2023)
1M
0%
2024
2025: 2M (+100% vs 2024)
2M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
3 301
2 699
3 275
6 941
2 773
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 725
1 251
1 412
5 598
1 569
Depreciation & amort.
−729
−682
−673
4 955
3 545
EBIT
996
569
739
10 552
5 114
Net financials
−649
−542
−544
−546
−511
Profit before tax
347
27
194
10 007
4 603
Tax
77
6
43
157
−0
Net profit
270
21
152
9 850
4 603
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
31 030
31 416
31 906
35 325
25 637
Equity
17 786
17 516
17 495
17 343
7 493
Long-term debt
12 482
13 006
13 600
16 657
17 100
Short-term debt
762
895
812
1 325
1 043
Total debt
13 244
13 900
14 411
17 981
18 143
Financial ratios
5-year trend
EBITDA margin
52,2 %
This company
15,8 %
Market median
This company
Market median
230% above market
2021
2025
Equity ratio
57,3 %
This company
38,2 %
Market median
This company
Market median
50% above market
2021
2025
Return on equity
1,5 %
This company
18,4 %
Market median
This company
Market median
92% below market
2021
2025
Net profit margin
8,2 %
This company
8,1 %
Market median
This company
Market median
1% above market
2021
2025
Asset turnover
0,11×
This company
1,12×
Market median
This company
Market median
90% below market
2021
2025
Debt / equity
0,74×
This company
0,62×
Market median
This company
Market median
19% above market
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 Kvitvella Electrisitetsverk AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network