BIZTRAC BETA
Production of electricity from hydropower

FOLKESTAD KRAFTVERK AS

Org. no. 988008192 Limited company (AS) Volda Incorporated 2005 Active
Ownership graph ↗
Revenue 2024 NOK 2.1m
Operating profit NOK 811,000
Equity NOK 5.1m
Incorporated 2005
Share capital NOK 1.6m

FOLKESTAD KRAFTVERK AS is registered as a limited company in Volda, Møre og Romsdal with organisation number 988008192. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2005. Registered share capital is NOK 1.6m, divided into 321 shares. The company's stated purpose is: “Å bygge ut og drive kraftverk i Storelva, vassdragnr. 094.3Z på dei vilkår som går fram av utbyggingsløyve gitt i konsesjon frå Norges vassdrags- og energidirektorat 17. desember 2004. Selskapet kan etter vedtak i generalforsamlinga og taa del i ulike bygde- og næringsutviklingstiltak.”. The most recent filed accounts, for the 2024 financial year, show NOK 2.1m in revenue and NOK 811,000 in operating profit.

Key figures · 2024

Revenue
NOK 2.1m
Operating profit
NOK 811,000
Equity
NOK 5.1m
Est. value
NOK 5.5m

Financial health · 2024

Liquidity
1.87
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
60.1%
Very good
Equity as a share of total capital

Who owns FOLKESTAD KRAFTVERK AS?

KÅRE JONNY FOLKESTAD
FOLKESTAD KRAFTVERK AS
NOK 2.1m rev. · NOK 811,000 profit

FOLKESTAD KRAFTVERK AS has 20+ registered shareholders:

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Frequently asked questions about FOLKESTAD KRAFTVERK AS

Who owns FOLKESTAD KRAFTVERK AS?

KÅRE JONNY FOLKESTAD is the largest registered owner, with 10.0%.

What is the revenue of FOLKESTAD KRAFTVERK AS?

FOLKESTAD KRAFTVERK AS had revenue of NOK 2.1m in 2024.

Where is FOLKESTAD KRAFTVERK AS based?

FOLKESTAD KRAFTVERK AS has its business address in Folkestad.

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

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