BIZTRAC BETA
Production of electricity from hydropower

ØSTFOLD ENERGI AS

Org. no. 879904412 Limited company (AS) Sarpsborg Incorporated 1998 Active
Ownership graph ↗
Revenue 2024 NOK 1.1bn
Operating profit NOK 638.3m
Equity NOK 2.1bn
Incorporated 1998
Employees 72
Share capital NOK 70.0m

ØSTFOLD ENERGI AS is registered as a limited company in Sarpsborg, Østfold with organisation number 879904412. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 1998 and has 72 registered employees. Registered share capital is NOK 70.0m, divided into 70000 shares. The company's stated purpose is: “Forestå kjernevirksomheten produksjon, kjøp, salg og distribusjon av ulike energiformer, samt bygging, eie og drift av anlegg i den forbindelse. Utvikling av annen lønnsom forretningsvirksomhet basert på selskapets ressurser og kompetanse, samt deltakelse i relevant forskning, utvikling og innovasjon. Deltakelse i andre selskap som fremmer de formål som er nevnt i punktene 1 og 2 over.”. The most recent filed accounts, for the 2024 financial year, show NOK 1.1bn in revenue and NOK 638.3m in operating profit.

Key figures · 2024

Revenue
NOK 1.1bn
Operating profit
NOK 638.3m
Equity
NOK 2.1bn
Est. value
NOK 2.9bn

Financial health · 2024

Liquidity
0.19
Not satisfactory
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
68.8%
Very good
Equity as a share of total capital

Who owns ØSTFOLD ENERGI AS?

ØSTFOLD FYLKESKOMMUNE
ØSTFOLD ENERGI AS
NOK 1.1bn rev. · NOK 638.3m profit

ØSTFOLD ENERGI AS has 14 registered shareholders:

All shareholders and roles →

Which companies does ØSTFOLD ENERGI AS own?

ØSTFOLD ENERGI AS holds stakes in 11 companies:

See the full ownership structure →

Group structure

ØSTFOLD ENERGI AS er morselskap for 2 datterselskaper:

Frequently asked questions about ØSTFOLD ENERGI AS

Who owns ØSTFOLD ENERGI AS?

ØSTFOLD FYLKESKOMMUNE is the largest registered owner, with 45.0%.

What is the revenue of ØSTFOLD ENERGI AS?

ØSTFOLD ENERGI AS had revenue of NOK 1.1bn in 2024.

Who is the general manager of ØSTFOLD ENERGI AS?

Oddmund Kroken is registered as general manager of ØSTFOLD ENERGI AS.

Where is ØSTFOLD ENERGI AS based?

ØSTFOLD ENERGI AS has its business address in Grålum.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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