BIZTRAC BETA
Production of electricity from hydropower

BALTIC RENEWABLES AS

Org. no. 931225200 Limited company (AS) Ringerike Incorporated 2023 Active
Ownership graph ↗
Revenue 2024 NOK 358,000
Operating profit NOK 306,000
Equity NOK 295,000
Incorporated 2023
Share capital NOK 60,000

BALTIC RENEWABLES AS is registered as a limited company in Ringerike, Buskerud with organisation number 931225200. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2023. Registered share capital is NOK 60,000, divided into 604534603 shares. The company's stated purpose is: “Identifisere, utvikle, bygge og drifte mikro- og minikraftverk samt investeringsvirksomhet innen kraftsektoren i Norge og kjøp og salg av relaterte varer, utstyr og tjenester.”. The most recent filed accounts, for the 2024 financial year, show NOK 358,000 in revenue and NOK 306,000 in operating profit.

Key figures · 2024

Revenue
NOK 358,000
Operating profit
NOK 306,000
Equity
NOK 295,000
Est. value
NOK 1.0m

Financial health · 2024

Liquidity
3.06
Very good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
67.4%
Very good
Equity as a share of total capital

Who owns BALTIC RENEWABLES AS?

STEINAR FRETHEIM
BALTIC RENEWABLES AS
NOK 358,000 rev. · NOK 306,000 profit

BALTIC RENEWABLES AS has 1 registered shareholder:

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Frequently asked questions about BALTIC RENEWABLES AS

Who owns BALTIC RENEWABLES AS?

STEINAR FRETHEIM is the largest registered owner, with 100.0%.

What is the revenue of BALTIC RENEWABLES AS?

BALTIC RENEWABLES AS had revenue of NOK 358,000 in 2024.

Where is BALTIC RENEWABLES AS based?

BALTIC RENEWABLES AS has its business address in Hønefoss.

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

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