BIZTRAC BETA
Production of electricity from hydropower

ULLESTAD KRAFT AS

Org. no. 998590140 Limited company (AS) Hjelmeland Incorporated 2012 Active
Ownership graph ↗
Revenue 2024 NOK 15.9m
Operating profit NOK 2.5m
Equity NOK 19.0m
Incorporated 2012
Share capital NOK 3.1m

Key figures · 2024

Current ratio
1.29
Satisfactory
Equity ratio
23.3%
Good

Key figures over time · 2024

Key figures2024Trend
Lønnsomhet
Operating margin (%%) 15.4%
Net margin (%%) 4.2%
Return on assets (%%) 3.0%
Likviditet
Current ratio 1.29
Working capital 2.4m
Soliditet
Equity ratio (%%) 23.3%
Debt-to-equity ratio 3.30

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

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