STATKRAFT AS
Score · fiscal year 2024
36of 100
How to read this: the company is ahead of 14 % of companies in the Morning class Large in the same sector in 2024. What does this mean?
Rank in the Morning class Large: 51 of 59 · What are Morning company classes?
Place in the whole sector: 679 of 853 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 21 and solidity 31 out of 100 among companies in the Morning class Large in the same sector in 2024. Methodology
Against the sector
STATKRAFT AS is 16 points below the median for companies in the Morning class Large in the same sector in 2024.
Median score 52 among 59 companies.
Against companies in the Morning class Large in the same sector in 2024: operating margin −23.5% (median 14.2%) and equity ratio 31.0% (median 37.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4,128 MNOK | 1,584 MNOK |
| Operating margin | −23.5% | 14.2% |
| Profit margin | 267.5% | 12.3% |
| Return on assets | 7.2% | 9.9% |
| Equity ratio | 31.0% | 37.5% |
| Debt-to-equity | 2.22 | 1.67 |
| Current ratio | 0.50 | 1.04 |
| Revenue growth | 47.7% | −14.0% |
| Revenue per employee | 4.58 MNOK | 21.80 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 36, STATKRAFT AS does better than 14% of companies in the Morning class Large in the same sector (59 companies) in 2024.
Score 2023–2025
- STATKRAFT AS
- Median: companies in the Morning class Large in the same sector
What the numbers say
STATKRAFT AS had an operating margin of −23.5% and an equity ratio of 31.0% in 2024, and ranks 679 of 853 in Kraft og energi.
From 2023 to 2024: the operating margin rose from −39.2% to −23.5% and revenue grew by 48%.
STATKRAFT 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 67,245 MNOK and 97,860 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 97,860 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 67,245 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 2.0 times current assets.
Based on: Current ratio 0.50 (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 −23.5% (median 14.2%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 47.7% (median −14.0%); Current ratio 0.50 (median 1.04).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.0% 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 −35.0% in 2025 (sector median 15.7%), 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 15.7%. 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 | 21 | weight 30% |
|---|---|---|
| Solidity | 31 | weight 25% |
| Liquidity | 17 | weight 15% |
| Growth | 97 | weight 15% |
| Consistency | 32 | weight 15% |
Durability: 34 (average over 2 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 −23.5% in 2024, against a median of 14.2% among companies in the Morning class Large in the same sector. Return on assets was 7.2%.
How solid is STATKRAFT AS?
The equity ratio was 31.0% in 2024 (median 37.5%). Debt-to-equity was 2.22 (median 1.67).
What is the liquidity of STATKRAFT AS like?
The current ratio was 0.50 in 2024 (median 1.04). Current assets did not cover current liabilities.
How does STATKRAFT AS compare in Kraft og energi?
STATKRAFT AS ranks 679 of 853 in Kraft og energi for 2024. Among companies in the Morning class Large it is number 51 of 59. Revenue changed by 47.7% 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 (2024) |
|---|---|---|
| Operating margin | 14.3% | – |
| Return on assets | 4.3% | – |
| Equity ratio | 44.1% | – |
| Current ratio | 1.45 | – |
| Revenue growth | −13.5% | – |
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 | 670 | 679 | 810 | |
| 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 6293297.
Further
Similar companies
- FORTUM STRØM AS index 38, rank 645 · compare
- FJORDKRAFT AS index 38, rank 646 · compare
- VIBB AS index 36, rank 673 · compare
- TRØNDELAGKRAFT AS index 36, rank 677 · compare
- NEAS ENERGI TELEKOM AS index 33, rank 717 · compare