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FOLKESTAD KRAFTVERK AS

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FOLKESTAD KRAFTVERK AS

Org.nr. 988 008 192 · Private limited company (AS) · VOLDA

Analyze

Key figures 2025

Revenue

NOK 1.6m

▼ 26.3%

Operating profit

NOK 307.8k

▼ 62.1%

Net profit

NOK 141.2k

▼ 73%

Equity

NOK 5.2m

▲ 2.8%

Employees: Not registered
Revenue per employee: Cannot be calculated
Operating margin: 19.7%
Age: 21 years

Source: Regnskapsregisteret (Brønnøysundregistrene) · Fetched 26/10/2026, 17:40

AI analysis

A short assessment of the company from public register data: strengths, risks, opportunities and what to ask.

Creating the analysis …

Key information

Chief executive

Financial health 2025

Profitability

3.9%

Weak

Solidity

66.4%

Very good

Liquidity

Roles

Board: Per Alfred Nordaune Holte (b. 1982) – Chair of the board
Tone Aasebø Venås (b. 1968) – Board member
Arthur Geir Brenne (b. 1962) – Board member
Ellen Holtan Folkestad (b. 1978) – Deputy board member
Hans Olav Øyehaug (b. 1962) – Deputy board member
Auditor: HOVDEN & VATNE STATSAUTORISERTE REVISORAR AS – Auditor
Accountant: REGNSKAPSHJELP AS – Accountant

Person profiles with every company a person has roles in are coming soon.

Source: Enhetsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 14:24

People

People with roles in this company, and the other companies they have roles in.

Arthur Geir Brenne (b. 1962)
Here: Board member
Also has roles in
- ARTHUR GEIR BRENNEOwner
Ellen Holtan Folkestad (b. 1978)
Here: Deputy board member
Also has roles in

Not registered

Industry

35.121 Produksjon av elektrisitet fra vannkraft

Address

Bakken 46, 6120 FOLKESTAD

Employees

Not registered

Founded

28 February 2005

Website

Not registered

Contact details

Not registered

Auditor

HOVDEN & VATNE STATSAUTORISERTE REVISORAR AS

Accountant

REGNSKAPSHJELP AS

Purpose / activity (in Norwegian)

Å bygge ut og drive kraftverk i Storelva, vassdragnr. 094.3Z på dei vilkår som går fram av utbyggingsløyve gitt i konsesjon frå Norges vassdrags- og energidirektorat 17. desember 2004. Selskapet kan etter vedtak i generalforsamlinga og taa del i ulike bygde- og næringsutviklingstiltak.

More company details

Organisation number: 988 008 192
Legal form: Private limited company (AS) (AS)
Registered in the Central Coordinating Register: 21 March 2005
Sector: Private aksjeselskaper mv.
VAT register: Registered
Register of Business Enterprises: Registered
Latest annual accounts filed: 2025
Business address: Bakken 46, 6120 FOLKESTAD
Postal address: Not registered
Municipality: VOLDA

Source: Enhetsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 14:24

2.72

Very good

Accounts

Annual revenue

NOK 1.6m▼ 26.3%

2.3M

2023

2.1M

2024

1.6M

2025

Results and balance sheet

2025 · vs 2024

Operating profit: NOK 307.8k▼ 62.1%NOK 811.3k
Profit before tax: NOK 184.1k▼ 72.6%NOK 670.8k
Net profit: NOK 141.2k▼ 73%NOK 522.6k
Equity: NOK 5.2m▲ 2.8%NOK 5.1m
Total assets: NOK 7.8m▼ 6.9%NOK 8.4m
Total liabilities: NOK 2.6m▼ 21.5%NOK 3.4m

Source: Regnskapsregisteret (Brønnøysundregistrene) · Fetched 26/10/2026, 17:40

Board member

›

SYKEHUSET I VESTFOLD HFBoard member›

VESTFOLD LEGEFORENINGChair of the board›

Hans Olav Øyehaug (b. 1962)

Here: Deputy board member

Also has roles in

BJØRDAL EIENDOM ASGeneral manager, Chair of the board
Brødr. Øyehaug A/SChair of the board
NORMISJON REGION SOGN OG FJORDANEBoard member
OLYMPIC BOREAS ASDeputy board member
OLYMPIC NOTOS ASDeputy board member
ØRSTA KFUK-KFUM-SPEIDARARChair of the board

Per Alfred Nordaune Holte (b. 1982)

Here: Chair of the board

Also has roles in

ERA GEO ASChair of the board
EVOLVE EIENDOM ASBoard member
FANNEFJORD SYKKELKLUBBBoard member
PASIVA ASGeneral manager, Chair of the board
SMÅKRAFTFORENINGADeputy board member

Tone Aasebø Venås (b. 1968)

Here: Board member

Also has roles in

FORSAMLINGSHUSET LJOSHEIMBoard member
SAMEIGET BLÅFJELLVEGEN VEGLAGBoard member
VENÅS SKOGSDRIFTOwner

Companies

No companies are connected to this entity through roles.

Owners (shareholders) are not in the business register but in the Norwegian Tax Administration's shareholder register. Coming later.

People are matched on name and date of birth from the register, never on name alone. Source: Register of roles (Brønnøysundregistrene) · Fetched 25/10/2026, 22:59

AI analysis

A short assessment of the company from public register data: strengths, risks, opportunities and what to ask.