BIZTRAC BETA
Production of electricity from hydropower

VARDAR VANNKRAFT AS

Org. no. 981104293 Limited company (AS) Drammen Incorporated 1999 Active
Ownership graph ↗
Revenue 2024 NOK 337.0m
Operating profit NOK 248.2m
Equity NOK 456.2m
Incorporated 1999
Share capital NOK 203.4m

Key figures · 2024

Current ratio
1.12
Satisfactory
Equity ratio
63.1%
Very good

Key figures over time · 2024

Key figures2024Trend
Lønnsomhet
Operating margin (%%) 73.7%
Net margin (%%) 23.0%
Return on assets (%%) 34.3%
Likviditet
Current ratio 1.12
Working capital 30.1m
Soliditet
Equity ratio (%%) 63.1%
Debt-to-equity ratio 0.58

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

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