BIZTRAC BETA
Production of electricity from hydropower

BALLANGEN ENERGI AS

Org. no. 971592117 Limited company (AS) Narvik Incorporated 1994 Active
Ownership graph ↗
Revenue 2024 NOK 14.5m
Operating profit NOK 5.1m
Equity NOK 23.1m
Incorporated 1994
Share capital NOK 680,000

Financials

2024
Total operating revenue
14,5 mill
2024
Operating profit (EBIT)
5,1 mill
2024

Income statement

Post2024Trend
Total operating revenue 14.5m
Total operating costs 9.4m
Operating profit (EBIT) 5.1m
Net financial items −823k
Profit for the year 3.3m

Balance sheet

Post2024Trend
Total assets 64.0m
of which current assets 13.9m
Equity 23.1m
Total liabilities 40.8m

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

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