Riskpilot← Back to searchSign inGet full accessVARANGER KRAFTVIND AS
ASActiveOrg 998433290Nyborgveien 70, 9800 VadsøProduction of electricity from renewable sources · NACE 3512Est. 20121 employeeswww.varanger-kraft.no
Revenue 2024
NOK 112,8M
-19% vs 2023
EBITDA margin
37.2%
-45% vs 2023
Equity ratio
32.1%
Financial strength
Net profit 2024
NOK 4,6M
+119% vs 2023
| Revenue | NOK 112,8M | -19% |
| EBITDA | NOK 42M | -45% |
| Net profit | NOK 4,6M | +119% |
| Total assets | NOK 874,2M | -8% |
| Equity | NOK 280,4M | +2% |
| Employees | 1 | — |
Legal name
VARANGER KRAFTVIND AS
Org number
998433290
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
30. mai 2012
Share capital
NOK 30 000 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Utvikling og produksjon av vindkraft.
Address
Nyborgveien 70, 9800 Vadsø
Website
www.varanger-kraft.no
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 38 936 | 72 453 | 141 828 | 138 474 | 112 764 |
| Staff expenses | −0 | −1 244 | −1 466 | −346 | −1 696 |
| EBITDA | 11 820 | 36 577 | 92 826 | 76 524 | 41 990 |
| Depreciation & amort. | −28 597 | −29 489 | −39 752 | −48 166 | −48 506 |
| EBIT | −16 777 | 7 088 | 53 074 | 28 358 | −6 516 |
| Net financials | −3 802 | −4 148 | −20 033 | −23 777 | −23 015 |
| Profit before tax | −20 579 | 2 941 | 33 041 | 4 582 | −29 531 |
| Tax | −0 | 670 | 7 302 | 28 625 | −34 083 |
| Net profit | −16 058 | 2 270 | 25 739 | −24 043 | 4 552 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 689 973 | 914 595 | 1 004 114 | 945 149 | 874 168 |
| Equity | 271 630 | 274 018 | 299 833 | 275 885 | 280 438 |
| Long-term debt | 325 959 | 576 793 | 660 427 | 633 408 | 567 217 |
| Short-term debt | 90 901 | 62 440 | 42 548 | 35 856 | 26 375 |
| Total debt | 416 861 | 639 234 | 702 975 | 669 264 | 593 592 |
EBITDA margin
37.2%
This company
15.8%
Market median
+135% vs market
20202024
Equity ratio
32.1%
This company
38.2%
Market median
+16% vs market
20202024
Return on equity
1.6%
This company
18.4%
Market median
-91% vs market
20202024
Net profit margin
4.0%
This company
8.1%
Market median
-51% vs market
20202024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
20202024
Debt / equity
2.12×
This company
0.62×
Market median
-242% 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 (1) | ||
TR Chief Executive Officer | Chief Executive Officer | 2012 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2020 | |
| Board of Directors | 2020 | |
| Former (6) | ||
| Board of Directors | 2024 – 2025 | |
| Board of Directors | 2020 – 2025 | |
| Board of Directors | 2020 – 2024 | |
| Board of Directors | 2024 – 2025 | |
| Board of Directors | 2020 – 2024 | |
| Board of Directors | 2020 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 51% | 51% | 2024 | |
Cube Ii Energy S.A.R.L | Company | 49% | 49% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of VARANGER KRAFTVIND AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tore Reidar Martinsen | Chief Executive Officer | 0 companies |
| Christian Bue | Board of Directors | 0 companies |
| Håvard Sundkvist | Board of Directors | 0 companies |
| Monica Ravna Jerijervi | Board of Directors | 0 companies |
| Ayaz Alakbarov | Board of Directors | 0 companies |
| Simone Pini | Board of Directors | 0 companies |
| Terje Skansen | Chairman | 0 companies |
| Saket Trivedi | Board of Directors | 0 companies |
| Monica Jerijærvi | Board of Directors | 0 companies |