KVERNHUSFOSS KRAFTVERK AS

Org. no. 976627172 · SUNNFJORD · Founded 1996

Score · fiscal year 2023

50of 100

How to read this: the company is ahead of 50 % of small companies in the same sector in 2023. What does this mean?

Rank: 691 of 1,405 · Kraft og energi

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 20 and solidity 70 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

KVERNHUSFOSS KRAFTVERK AS is 1 points above the median for small companies in the same sector in 2023.

Median score 49 among 1,151 companies.

Against small companies in the same sector in 2023: operating margin −19.5% (median 21.3%) and equity ratio 70.5% (median 38.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin −19.5% 21.3% 21 %
Profit margin −18.7% 16.3% shown, not part of the index
Return on assets −4.0% 3.1% 18 %
Equity ratio 70.5% 38.5% 72 %
Debt-to-equity 0.42 1.02 67 %
Current ratio 1.20 1.65 40 %
Revenue growth – – not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 50, KVERNHUSFOSS KRAFTVERK AS does better than 50% of small companies in the same sector (1,156 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • KVERNHUSFOSS KRAFTVERK AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

KVERNHUSFOSS KRAFTVERK AS had an operating margin of −19.5% and an equity ratio of 70.5% in 2023, and ranks 691 of 1,405 in Kraft og energi.

KVERNHUSFOSS KRAFTVERK AS did weaker than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 1.3 MNOK 1.0 1 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −18.7% (median 16.3%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −19.5% (median 21.3%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was −7.8% in 2025 (sector median 12.6%), and the equity ratio 94.0%. The company had a loss before tax that year. In the other years the operating margin averaged 12.4%.

The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability20 weight 30%
Solidity70 weight 25%
Liquidity40 weight 15%
Growth– no data, left out
Consistency85 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is KVERNHUSFOSS KRAFTVERK AS?

The operating margin was −19.5% in 2023, against a median of 21.3% among small companies in the same sector. Return on assets was −4.0%. The company made a loss before tax.

How solid is KVERNHUSFOSS KRAFTVERK AS?

The equity ratio was 70.5% in 2023 (median 38.5%). Debt-to-equity was 0.42 (median 1.02).

What is the liquidity of KVERNHUSFOSS KRAFTVERK AS like?

The current ratio was 1.20 in 2023 (median 1.65).

How does KVERNHUSFOSS KRAFTVERK AS compare in Kraft og energi?

KVERNHUSFOSS KRAFTVERK AS ranks 691 of 1,405 in Kraft og energi for 2023. Among companies of the same size (small companies) it ranks 573 of 1,156.

From the Central Coordinating Register

Org. no.
976627172
Legal form
AS
Sector
Kraft og energi (35.121)
Size tier
small
Employees
0–4 (not registered)
Founded
2 August 1996 30 years in operation
Share capital
0.40 MNOK
Business address
6818 HAUKEDALEN (SUNNFJORD)
Municipality
Sunnfjord rank 5 of 27 in KOSTRA group 9
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chair of the board
Lars Georg Gjerland
Board member
Steinar Arne Grøneng
Board member
Ottar Arvid Grøneng
Board member
Kjell Olav Kusslid
Board member
Morten Vallestad Grøneng
Auditor
BKL REVISJON AS
Accountant
REKNESKAP FJORDANE AS

Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index507354
Rank69171626
Operating margin−19.5%44.3%−7.8%
Return on assets−4.0%12.3%−0.3%
Equity ratio70.5%83.3%94.0%
Current ratio1.201.503.04
Revenue growth–3.9%−33.8%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.4 MNOK0.4 MNOK0.3 MNOK
Operating profit−0.1 MNOK0.2 MNOK0.0 MNOK
Profit before tax−0.1 MNOK0.2 MNOK0.0 MNOK
Net profit−0.1 MNOK0.1 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.8 MNOK1.5 MNOK1.3 MNOK
Current assets0.6 MNOK0.4 MNOK0.2 MNOK
Equity1.3 MNOK1.2 MNOK1.2 MNOK
Retained earnings0.9 MNOK0.8 MNOK0.8 MNOK
Total liabilities0.5 MNOK0.2 MNOK0.1 MNOK
Current liabilities0.5 MNOK0.2 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5259807.