VARDAR VANNKRAFT AS

VARDAR VANNKRAFT AS is registered as a limited company in Drammen, Buskerud with organisation number 981104293. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 1999. Registered share capital is NOK 203.4m, divided into 452064 shares. The company's stated purpose is: “Er gjennom hel- eller deleide selskaper eller ved samarbeide med andre virksomheter å forestå energiproduksjon og annen virksomhet beslektet med denne.”. The most recent filed accounts, for the 2024 financial year, show NOK 337.0m in revenue and NOK 248.2m in operating profit.

Key figures · 2024

Revenue

NOK 337.0m

Operating profit

NOK 248.2m

Equity

NOK 456.2m

Est. value

NOK 890.2m

Financial health · 2024

Liquidity

1.12

Satisfactory

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

63.1%

Very good

Equity as a share of total capital

Who owns VARDAR VANNKRAFT AS?

VARDAR AS

100.0%

VARDAR VANNKRAFT AS

NOK 337.0m rev. · NOK 248.2m profit

VARDAR VANNKRAFT AS has 1 registered shareholder:

• VARDAR AS 100.0%

All shareholders and roles →

Group structure

VARDAR VANNKRAFT AS er morselskap for 7 datterselskaper:

• VARDAR BOREAS AS 100%
• VARDAR SOL AS 100%
• VARDAR VANNKRAFT AS 100%
• VARDAR VARME AS 100%
• SOLDEKKE AS 100%
• VARDAR VIND AB 100%
• ØVRE EIKER FJERNVARME AS 100%

Frequently asked questions about VARDAR VANNKRAFT AS

Who owns VARDAR VANNKRAFT AS?

VARDAR AS is the largest registered owner, with 100.0%.

What is the revenue of VARDAR VANNKRAFT AS?

VARDAR VANNKRAFT AS had revenue of NOK 337.0m in 2024.

Who is the general manager of VARDAR VANNKRAFT AS?

Robert Olsen is registered as general manager of VARDAR VANNKRAFT AS.

Where is VARDAR VANNKRAFT AS based?

VARDAR VANNKRAFT AS has its business address in Drammen.

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