BIZTRAC BETA
Production of electricity from hydropower

SAGELVA DRIFT AS

Org. no. 926311905 Limited company (AS) Rana Incorporated 2020 Active
Ownership graph ↗
Operating profit NOK −44,000
Equity NOK −577,000
Incorporated 2020
Share capital NOK 30,000

Signals

3 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−577k kr).
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−44k kr).
  • Nylig endring 2026-04-24 Aksjekapital registrert 2026-04-24.

SAGELVA DRIFT AS is registered as a limited company in Rana, Nordland with organisation number 926311905. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2020. Registered share capital is NOK 30,000, divided into 175 shares. The company's stated purpose is: “Å utvikle, bygge og drive småskala vannkraftverk gjennom eget selskap.”.

Key figures · 2025

Operating profit
NOK −44,000
Equity
NOK −577,000

Financial health · 2025

Liquidity
0.03
Not satisfactory
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
-2898.7%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns SAGELVA DRIFT AS?

GEIR MAGNOR OLSEN AS
SAGELVA DRIFT AS
· NOK −44,000 profit

SAGELVA DRIFT AS has 4 registered shareholders:

All shareholders and roles →

Which companies does SAGELVA DRIFT AS own?

SAGELVA DRIFT AS holds a stake in 1 company:

See the full ownership structure →

Frequently asked questions about SAGELVA DRIFT AS

Who owns SAGELVA DRIFT AS?

GEIR MAGNOR OLSEN AS is the largest registered owner, with 30.3%.

Where is SAGELVA DRIFT AS based?

SAGELVA DRIFT AS has its business address in Storforsheia.

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

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