GRIMOKRAFT AS

GRIMOKRAFT AS is registered as a limited company in Ullensvang, Vestland with organisation number 992185228. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2008. Registered share capital is NOK 2.9m, divided into 5800 shares. The company's stated purpose is: “Produksjon og sal av elektrisk kraft med grunnlag i langsiktige leigeavtalar av fallrettar i Grimoelva. Selskapet kan også fremja føremålet ved deltaking i andre selskap.”. The most recent filed accounts, for the 2024 financial year, show NOK 950,000 in revenue and NOK 421,000 in operating profit.

Key figures · 2024

Revenue

NOK 950,000

Operating profit

NOK 421,000

Equity

NOK 3.4m

Est. value

NOK 3.2m

Financial health · 2024

Liquidity

6.17

Very good

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

37.8%

Good

Equity as a share of total capital

Who owns GRIMOKRAFT AS?

STEINAR LANGESÆTER

35.2%

GRIMOKRAFT AS

NOK 950,000 rev. · NOK 421,000 profit

GRIMOKRAFT AS has 4 registered shareholders:

• STEINAR LANGESÆTER 35.2%
• TOR AAREKOL 35.2%
• REIDAR O INSTANES 17.7%
• KÅRE SVARTVEIT AAREKOL 11.9%

All shareholders and roles →

Frequently asked questions about GRIMOKRAFT AS

Who owns GRIMOKRAFT AS?

STEINAR LANGESÆTER is the largest registered owner, with 35.2%.

What is the revenue of GRIMOKRAFT AS?

GRIMOKRAFT AS had revenue of NOK 950,000 in 2024.

Who is the general manager of GRIMOKRAFT AS?

Tor Aarekol is registered as general manager of GRIMOKRAFT AS.

Where is GRIMOKRAFT AS based?

GRIMOKRAFT AS has its business address in Grimo.

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