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

Financials

2024
Total operating revenue
337,0 mill
2024
Operating profit (EBIT)
248,2 mill
2024

Income statement

Post2024Trend
Total operating revenue 337.0m
Total operating costs 88.8m
Operating profit (EBIT) 248.2m
Net financial items −8.9m
Profit for the year 77.6m

Balance sheet

Post2024Trend
Total assets 722.9m
of which current assets 277.2m
Equity 456.2m
Total liabilities 266.6m

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

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