BIZTRAC BETA
COMPANY REGISTER PROFILE
991230580 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Production of electricity from hydropower

TVEITELVA KRAFTVERK AS

Org. no. 991230580 Limited company (AS) Stord Incorporated 2007 Active
Ownership graph ↗
Revenue 2025 NOK 5.1m
Operating profit NOK 944,000
Equity NOK 11.4m
Incorporated 2007
Share capital NOK 18.0m

TVEITELVA KRAFTVERK AS is registered as a limited company in Stord, Vestland with organisation number 991230580. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2007. Registered share capital is NOK 18.0m, divided into 15000 shares. The company's stated purpose is: “På forretningsmessige vilkår å arbeide med utbygging og drift av kraftverk i Tveitelva i Kvinnherad kommune.”. The most recent filed accounts, for the 2025 financial year, show NOK 5.1m in revenue and NOK 944,000 in operating profit.

Key figures · 2025

Revenue
NOK 5.1m
▲ +12 %
Operating profit
NOK 944,000
▼ −20 %
Equity
NOK 11.4m
▲ +344 %
Est. value
NOK 10.3m

Financial health · 2025

Liquidity
4.28
Very good
Current assets ÷ current liabilities
Profitability
3.8%
Weak
Return on total assets
Solidity
44.3%
Very good
Equity as a share of total capital

Who owns TVEITELVA KRAFTVERK AS?

TVEITELVA KRAFTVERK AS
NOK 5.1m rev. · NOK 944,000 profit

TVEITELVA KRAFTVERK AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about TVEITELVA KRAFTVERK AS

Who owns TVEITELVA KRAFTVERK AS?

SUNNHORDLAND KRAFTLAG AS is the largest registered owner, with 100.0%.

What is the revenue of TVEITELVA KRAFTVERK AS?

TVEITELVA KRAFTVERK AS had revenue of NOK 5.1m in 2025.

Who is the general manager of TVEITELVA KRAFTVERK AS?

Hege Myhre Willemsen Økland is registered as general manager of TVEITELVA KRAFTVERK AS.

Where is TVEITELVA KRAFTVERK AS based?

TVEITELVA KRAFTVERK AS has its business address in Stord.

Property

Business address Lønningsåsen 2, 5417 Stord
Cadastral unit 4614-38/134/0/0

23 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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