STATKRAFT AS
Score · fiscal year 2025
27of 100
How to read this: the company is ahead of 3 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 58 of 60 · What are Morning company classes?
Place in the whole sector: 809 of 877 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 28 and solidity 46 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
STATKRAFT AS is 22 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 49 among 60 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin −35.0% (median 18.2%) and equity ratio 33.7% (median 35.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,511 MNOK | 1,612 MNOK |
| Operating margin | −35.0% | 18.2% |
| Profit margin | 556.9% | 16.8% |
| Return on assets | 8.6% | 8.2% |
| Equity ratio | 33.7% | 35.0% |
| Debt-to-equity | 1.97 | 1.86 |
| Current ratio | 0.55 | 1.04 |
| Revenue growth | −39.2% | 10.3% |
| Revenue per employee | 2.79 MNOK | 28.63 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 27, STATKRAFT AS does better than 3% of companies in the Morning class Large in the same sector (60 companies) in 2025.
Score 2023–2025
- STATKRAFT AS
- Median: companies in the Morning class Large in the same sector
STATKRAFT AS has a score of 27 for 2025, rank 809 of 877 in the sector.
Strongest: Solidity: percentile 46 against peers, equity ratio 33.7% against a median of 35.0%.
Weakest: Growth: percentile 0 against peers, revenue growth −39.2% against a median of 10.3%. Liquidity: percentile 14 against peers, current ratio 0.55 against a median of 1.04.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.8 times current assets. Based on: current ratio 0.55 (median 1.04).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −35.0% (median 18.2%).
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
STATKRAFT AS had an operating margin of −35.0% and an equity ratio of 33.7% in 2025, and ranks 809 of 877 in Kraft og energi.
From 2024 to 2025: the operating margin fell from −23.5% to −35.0% and revenue fell by 39%.
STATKRAFT AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 71,311 MNOK and 122,950 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 122,950 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 71,311 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
- watch
Consider strengthening liquidity: current liabilities are 1.8 times current assets.
Based on: Current ratio 0.55 (median 1.04).
- 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 −35.0% (median 18.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.0% of the debt in 2025. The policy rate averaged 4.30 % 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 −35.0% in 2025 (sector median 15.8%), and the equity ratio 33.7%. In the other years the operating margin averaged −31.4%.
The sector's weakest year was 2025, with a median operating margin of 15.8%. 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 | 28 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 14 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 33 | weight 15% |
Durability: 32 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is STATKRAFT AS?
The operating margin was −35.0% in 2025, against a median of 18.2% among companies in the Morning class Large in the same sector. Return on assets was 8.6%.
How solid is STATKRAFT AS?
The equity ratio was 33.7% in 2025 (median 35.0%). Debt-to-equity was 1.97 (median 1.86).
What is the liquidity of STATKRAFT AS like?
The current ratio was 0.55 in 2025 (median 1.04). Current assets did not cover current liabilities.
How does STATKRAFT AS compare in Kraft og energi?
STATKRAFT AS ranks 809 of 877 in Kraft og energi for 2025. Among companies in the Morning class Large it is number 58 of 60. Revenue changed by −39.2% from the year before.
Group accounts · 2025
42 of 100
Rank 28 of 41 groups in the Morning class Large in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 81,641 MNOK
- Operating profit, group
- 11,682 MNOK
- Profit before tax, group
- 11,352 MNOK
- Total assets, group
- 308,045 MNOK
- Equity, group
- 135,728 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 14.3% | −35.0% |
| Return on assets | 4.3% | 8.6% |
| Equity ratio | 44.1% | 33.7% |
| Current ratio | 1.45 | 0.55 |
| Revenue growth | −13.5% | −39.2% |
Group index in earlier years: 2023: 64 (13 of 41), 2024: 50 (21 of 40).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 987059699
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Large
- Employees
- 901 registered 10 October 2026
- Founded
- 25 June 2004 22 years in operation
- Share capital
- 33,600.00 MNOK
- Business address
- Lilleakerveien 6, 0283 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.statkraft.no
- LEI
- 529900TH4OAW7WYG1777 renews 4 July 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
- Chief executive
- Birgitte Ringstad Vartdal
- Chair of the board
- Alexandra Bech Gjørv
- Board member
- Thorbjørn Holøs
- Board member
- Marte Lind
- Board member
- Lars Mathisen
- Board member
- Lars Røsæg
- Board member
- Pål Erik Sjåtil
- Board member
- Kristin Halvorsen
- Board member
- Hedda Felin
- Board member
- Jan Christer Mikael Lundin
- Deputy member
- Anna Camilla Sandbu
- Deputy member
- Gunnar Møane
- Deputy member
- Bjørn Karstein Seljeseth
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No known owner
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 33 | 36 | 27 | |
| Rank | 665 | 678 | 809 | |
| Operating margin | −39.2% | −23.5% | −35.0% | |
| Return on assets | 7.1% | 7.2% | 8.6% | |
| Equity ratio | 35.1% | 31.0% | 33.7% | |
| Current ratio | 0.72 | 0.50 | 0.55 | |
| Revenue growth | – | 47.7% | −39.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2,795.0 MNOK | 4,128.0 MNOK | 2,511.0 MNOK |
| Operating profit | −1,096.0 MNOK | −972.0 MNOK | −880.0 MNOK |
| Profit before tax | 10,461.0 MNOK | 11,041.0 MNOK | 13,984.0 MNOK |
| Net profit | 9,334.0 MNOK | 9,786.0 MNOK | 12,295.0 MNOK |
| Financial expenses | 3,495.0 MNOK | 4,464.0 MNOK | 4,172.0 MNOK |
| Total assets | 196,774.0 MNOK | 216,831.0 MNOK | 211,582.0 MNOK |
| Current assets | 59,248.0 MNOK | 44,764.0 MNOK | 45,666.0 MNOK |
| Equity | 69,111.0 MNOK | 67,245.0 MNOK | 71,311.0 MNOK |
| Retained earnings | 12,709.0 MNOK | 10,843.0 MNOK | 14,909.0 MNOK |
| Total liabilities | 127,662.0 MNOK | 149,586.0 MNOK | 140,271.0 MNOK |
| Current liabilities | 82,437.0 MNOK | 89,315.0 MNOK | 83,029.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7141391.
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