BIZTRAC BETA
Production of electricity from solar power

RELEASE SOLAR AS

Org. no. 929432517 Limited company (AS) Oslo Incorporated 2022 Active
Ownership graph ↗
Revenue 2024 NOK 501,000
Operating profit NOK −3.4m
Equity NOK 126.6m
Incorporated 2022
Employees 17
Share capital NOK 100,000

Signals

1 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−3,4 mill kr).

RELEASE SOLAR AS is registered as a limited company in Oslo, Oslo with organisation number 929432517. The business is classified under production of electricity from solar power (NACE 35.123). The company was incorporated in 2022 and has 17 registered employees. Registered share capital is NOK 100,000, divided into 10000 shares. The company's stated purpose is: “Etablering og drift av virksomhet innen fornybar energi, herunder investering i selskaper med slik virksomhet.”. The most recent filed accounts, for the 2024 financial year, show NOK 501,000 in revenue and NOK −3.4m in operating profit.

Key figures · 2024

Revenue
NOK 501,000
Operating profit
NOK −3.4m
Equity
NOK 126.6m
Est. value
NOK 83.9m

Financial health · 2024

Liquidity
6.76
Very good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
98.0%
Very good
Equity as a share of total capital

Who owns RELEASE SOLAR AS?

SCATEC ASA
RELEASE SOLAR AS
NOK 501,000 rev. · NOK −3.4m profit

RELEASE SOLAR AS has 2 registered shareholders:

All shareholders and roles →

Frequently asked questions about RELEASE SOLAR AS

Who owns RELEASE SOLAR AS?

SCATEC ASA is the largest registered owner, with 68.0%.

What is the revenue of RELEASE SOLAR AS?

RELEASE SOLAR AS had revenue of NOK 501,000 in 2024.

Who is the general manager of RELEASE SOLAR AS?

Hans Olav Kvalvaag is registered as general manager of RELEASE SOLAR AS.

Where is RELEASE SOLAR AS based?

RELEASE SOLAR AS has its business address in Oslo.

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

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