Pasvik Kraft AS
Score · fiscal year 2024
77of 100
How to read this: the company is ahead of 98 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 5 of 194 · What are Morning company classes?
Place in the whole sector: 24 of 839 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 95 and solidity 89 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Pasvik Kraft AS is 26 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 194 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 56.4% (median 14.0%) and equity ratio 75.9% (median 43.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 134 MNOK | 126 MNOK |
| Operating margin | 56.4% | 14.0% |
| Profit margin | 59.4% | 11.3% |
| Return on assets | 37.7% | 5.9% |
| Equity ratio | 75.9% | 43.5% |
| Debt-to-equity | 0.32 | 1.26 |
| Current ratio | 1.24 | 1.16 |
| Revenue growth | −10.8% | −6.1% |
| Revenue per employee | 16.78 MNOK | 4.89 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 77, Pasvik Kraft AS does better than 98% of companies in the Morning class Medium in the same sector (194 companies) in 2024.
Score 2023–2025
- Pasvik Kraft AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Pasvik Kraft AS had an operating margin of 56.4% and an equity ratio of 75.9% in 2024, and ranks 24 of 839 in Kraft og energi.
From 2023 to 2024: the equity ratio rose from 38.9% to 75.9% and revenue fell by 11%.
Pasvik Kraft AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 163 MNOK and 636 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 500 MNOK |
| EV/EBIT | 8.0 | 636 MNOK |
| P/B | 1.0 | 163 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
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.9% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 6.5% in 2025 (sector median 16.1%), and the equity ratio 92.7%. In the other years the operating margin averaged 55.8%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 95 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | 41 | weight 15% |
| Consistency | 78 | weight 15% |
Durability: 72 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Pasvik Kraft AS?
The operating margin was 56.4% in 2024, against a median of 14.0% among companies in the Morning class Medium in the same sector. Return on assets was 37.7%.
How solid is Pasvik Kraft AS?
The equity ratio was 75.9% in 2024 (median 43.5%). Debt-to-equity was 0.32 (median 1.26).
What is the liquidity of Pasvik Kraft AS like?
The current ratio was 1.24 in 2024 (median 1.16).
How does Pasvik Kraft AS compare in Kraft og energi?
Pasvik Kraft AS ranks 24 of 839 in Kraft og energi for 2024. Among companies in the Morning class Medium it is number 5 of 194. Revenue changed by −10.8% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 982795745
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.121)
- Morning company class
- Medium
- Employees
- 8 registered 10 February 2026
- Founded
- 29 September 2000 26 years in operation
- Share capital
- 50.48 MNOK
- Business address
- Buen 2, 9912 HESSENG (SØR-VARANGER)
- Municipality
- Sør-Varanger rank 3–7 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- Website
- www.varanger-kraft.no
- LEI
- 549300KF6J0SDHTLD037 renews 28 October 2027
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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Varanger Kraft AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 67 | 77 | 56 | |
| Rank | 152 | 24 | 319 | |
| Operating margin | 55.3% | 56.4% | 6.5% | |
| Return on assets | 29.6% | 37.7% | 3.0% | |
| Equity ratio | 38.9% | 75.9% | 92.7% | |
| Current ratio | 1.26 | 1.24 | 2.72 | |
| Revenue growth | – | −10.8% | −52.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 150.4 MNOK | 134.2 MNOK | 64.2 MNOK |
| Operating profit | 83.1 MNOK | 75.7 MNOK | 4.2 MNOK |
| Profit before tax | 86.4 MNOK | 79.7 MNOK | 5.2 MNOK |
| Net profit | 25.5 MNOK | 50.0 MNOK | 7.0 MNOK |
| Financial expenses | 2.5 MNOK | 1.0 MNOK | 0.2 MNOK |
| Total assets | 300.7 MNOK | 214.2 MNOK | 182.9 MNOK |
| Current assets | 168.5 MNOK | 62.9 MNOK | 33.4 MNOK |
| Equity | 116.9 MNOK | 162.6 MNOK | 169.6 MNOK |
| Retained earnings | – | 45.7 MNOK | 37.3 MNOK |
| Total liabilities | 183.8 MNOK | 51.6 MNOK | 13.3 MNOK |
| Current liabilities | 133.8 MNOK | 51.0 MNOK | 12.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6125519.
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