BIZTRAC BETA
Electrical installation

VASSNES POWER AS

Org. no. 998879779 Limited company (AS) Vindafjord Incorporated 2012 Active
Ownership graph ↗
Revenue 2024 NOK 205.5m
Operating profit NOK −1.3m
Equity NOK −28.5m
Incorporated 2012
Employees 245
Share capital NOK 1.5m

Signals

2 flags
  • Negativ egenkapital 2024 Bokført egenkapital er negativ (−28,5 mill kr).
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−1,3 mill kr).

VASSNES POWER AS is registered as a limited company in Vindafjord, Rogaland with organisation number 998879779. The business is classified under electrical installation (NACE 43.210). The company was incorporated in 2012 and has 245 registered employees. Registered share capital is NOK 1.5m, divided into 30 shares. The company's stated purpose is: “Utleie av personell og totalleveranser av elektroinstallasjon på maritime og offshore konstruksjoner, og tilhørende aktiviteter. Selskapet skal også drive konsulenttjenester.”. The most recent filed accounts, for the 2024 financial year, show NOK 205.5m in revenue and NOK −1.3m in operating profit.

Key figures · 2024

Revenue
NOK 205.5m
Operating profit
NOK −1.3m
Equity
NOK −28.5m

Financial health · 2024

Liquidity
0.56
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
-76.3%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns VASSNES POWER AS?

VASSNES SOLUTIONS AS
VASSNES POWER AS
NOK 205.5m rev. · NOK −1.3m profit

VASSNES POWER AS has 1 registered shareholder:

All shareholders and roles →

Group structure

VASSNES POWER AS er morselskap for 4 datterselskaper:

Frequently asked questions about VASSNES POWER AS

Who owns VASSNES POWER AS?

VASSNES SOLUTIONS AS is the largest registered owner, with 100.0%.

What is the revenue of VASSNES POWER AS?

VASSNES POWER AS had revenue of NOK 205.5m in 2024.

Who is the general manager of VASSNES POWER AS?

Jan-Halvard Andersen is registered as general manager of VASSNES POWER AS.

Where is VASSNES POWER AS based?

VASSNES POWER AS has its business address in Ølen.

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

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