BIZTRAC BETA
COMPANY REGISTER PROFILE
998879779 ORG. NO. 2025 ACCOUNTS 8 SECTIONS
Active UPDATED 02.09.2026
Electrical installation

VASSNES POWER AS

Org. no. 998879779 Limited company (AS) Vindafjord Incorporated 2012 Active
Ownership graph ↗
Revenue 2025 NOK 389.9m
Operating profit NOK 14.5m
Equity NOK 10.4m
Incorporated 2012
Employees 223
Share capital NOK 1.5m

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 223 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 2025 financial year, show NOK 389.9m in revenue and NOK 14.5m in operating profit.

Key figures · 2025

Revenue
NOK 389.9m
▲ +90 %
Operating profit
NOK 14.5m
▲ +1192 %
Equity
NOK 10.4m
▲ +137 %
Est. value
NOK 43.5m

Financial health · 2025

Liquidity
1.13
Satisfactory
Current assets ÷ current liabilities
Profitability
16.4%
Very good
Return on total assets
Solidity
7.4%
Weak
Equity as a share of total capital

Who owns VASSNES POWER AS?

VASSNES POWER AS
NOK 389.9m rev. · NOK 14.5m 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 389.9m in 2025.

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.

Property

Business address Haukelivegen 745, 5580 Ølen
Cadastral unit 1160-290/75/0/0
Building Annen kontorbygning · 1 unit

3 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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