BIZTRAC BETA
Production of electricity from hydropower

LAUGALAND KRAFT AS

Org. no. 989198882 Limited company (AS) Hjelmeland Incorporated 2005 Active
Ownership graph ↗
Revenue 2024 NOK 286,000
Operating profit NOK 103,000
Equity NOK 1.3m
Incorporated 2005
Share capital NOK 450,000

Key figures · 2024

Current ratio
4.51
Very good
Equity ratio
92.9%
Very good

Key figures over time · 2024

Key figures2024Trend
Lønnsomhet
Operating margin (%%) 36.2%
Net margin (%%) 30.2%
Return on assets (%%) 7.1%
Likviditet
Current ratio 4.51
Working capital 360k
Soliditet
Equity ratio (%%) 92.9%
Debt-to-equity ratio 0.08

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

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