Kraft og energi ranking 2024
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Benchmarks · fiscal year 2024
Quartiles among the 839 ranked companies, all sizes. Half of them lie between the lower and upper quartile.
| Key figure | Lower quartile | Median | Upper quartile |
|---|---|---|---|
| Operating margin | −2.1% | 16.2% | 38.4% |
| Profit margin | −15.8% | 9.2% | 31.8% |
| Return on assets | 1.0% | 5.2% | 10.0% |
| Equity ratio | 19.9% | 38.1% | 61.2% |
| Debt-to-equity | 0.60 | 1.47 | 3.45 |
| Current ratio | 0.81 | 1.50 | 3.02 |
| Revenue growth | −24.8% | −9.1% | 9.2% |
Ranked per Morning company class: Micro: 429 · Small: 156 · Medium: 194 · Large: 60. Morning company classes by revenue: Micro 1–10 MNOK, Small 10 MNOK–50 MNOK, Medium 50 MNOK–500 MNOK, Large from 500 MNOK. Methodology
Distribution of the overall index · 2024
Best in each category · 2024
Among ranked companies with at least NOK 10m in revenue. Margins and equity ratios above 100 %, a current ratio above 20 and growth from a base below NOK 10m count as one-off effects and are left out.
Ranking · 2024
Morning Enterprise Index 0–100, version 2: every key figure is compared with companies in the same sector and size tier. Click a column heading to sort.
| Rank | Company | Class | Index | Operating margin | Equity ratio | Current ratio | Revenue growth | Revenue |
|---|---|---|---|---|---|---|---|---|
| 1 | Ristvedt AS | Microno. 1 in the class | 94 | 99.7% | 79.3% | 774.04 | 129.2% | 5 MNOK |
| 2 | Jotun Kraftproduksjon AS | Smallno. 1 in the class | 88 | 74.1% | 84.8% | 5.92 | 1.6% | 20 MNOK |
| 3 | Smievoll Kraft AS | Microno. 2 in the class | 88 | 78.7% | 87.8% | 3.84 | 97.3% | 2 MNOK |
| 4 | Arowya AS | Smallno. 2 in the class | 83 | 20.5% | 89.7% | 9.74 | 11.6% | 13 MNOK |
| 5 | Sks Handel ASsubsidiary of Salten Kraftsamband AS | Mediumno. 1 in the class | 83 | 44.6% | 57.5% | 2.49 | 22.3% | 71 MNOK |
| 6 | Arendals Fossekompani ASA | Mediumno. 2 in the class | 81 | 46.1% | 82.4% | 4.47 | −27.4% | 377 MNOK |
| 7 | Stueflotten AS | Microno. 3 in the class | 80 | 10.5% | 89.5% | 9.41 | 47.2% | 1 MNOK |
| 8 | Vindedal Kraftverk AS | Microno. 4 in the class | 80 | 40.3% | 93.2% | 8.33 | −4.9% | 7 MNOK |
| 9 | Suldal Elverk AS | Microno. 5 in the class | 80 | 64.9% | 96.8% | 5.26 | −6.3% | 9 MNOK |
| 10 | Mosjøen Varme Leasing AS | Microno. 6 in the class | 79 | 68.4% | 81.7% | 2.01 | 4.8% | 6 MNOK |
| 11 | Bjergaelva Kraft AS | Microno. 7 in the class | 79 | 64.1% | 95.7% | 12.81 | −37.2% | 1 MNOK |
| 12 | Helganes Kraft AS | Microno. 8 in the class | 79 | 49.8% | 92.0% | 5.10 | −25.9% | 5 MNOK |
| 13 | Green Gold AS | Microno. 9 in the class | 79 | 85.3% | 77.0% | 8.41 | −11.9% | 4 MNOK |
| 14 | Miljøkraft AS | Microno. 10 in the class | 79 | 98.0% | 46.4% | – | – | 4 MNOK |
| 15 | Bømlo Kraftnett AS | Mediumno. 3 in the class | 79 | 26.3% | 90.2% | 1.86 | 16.5% | 96 MNOK |
| 16 | Fossheim Energiverk AS | Microno. 11 in the class | 78 | 61.3% | 89.7% | 1.64 | 19.6% | 6 MNOK |
| 17 | Sagevikelv Kraft AS | Microno. 12 in the class | 78 | 45.6% | 85.1% | 4.34 | −8.1% | 5 MNOK |
| 18 | Fura Kraft AS | Microno. 13 in the class | 78 | 62.7% | 81.1% | 2.12 | −2.0% | 1 MNOK |
| 19 | Buset Kraft AS | Microno. 14 in the class | 78 | 54.8% | 81.0% | 2.14 | – | 2 MNOK |
| 20 | Plug Rubben AS | Microno. 15 in the class | 77 | 23.7% | 91.4% | 4.84 | 28.7% | 5 MNOK |
| 21 | Jotun Fiberinvest AS | Microno. 16 in the class | 77 | 42.2% | 92.7% | 2.82 | 21.0% | 3 MNOK |
| 22 | Alut AS | Mediumno. 4 in the class | 77 | 25.0% | 90.8% | 2.34 | 16.1% | 132 MNOK |
| 23 | Porsa Kraftlag AS | Smallno. 3 in the class | 77 | 53.5% | 81.8% | 2.27 | −22.5% | 19 MNOK |
| 24 | Pasvik Kraft ASsubsidiary of Varanger Kraft AS | Mediumno. 5 in the class | 77 | 56.4% | 75.9% | 1.24 | −10.8% | 134 MNOK |
| 25 | Torpa Biovarme AS | Microno. 17 in the class | 76 | 40.6% | 53.4% | 3.02 | 63.7% | 2 MNOK |
| 26 | Skagerak Kraft ASsubsidiary of Skagerak Energi AS | Largeno. 1 in the class | 76 | 74.0% | 62.1% | 1.56 | −28.7% | 3,884 MNOK |
| 27 | Storebekk Kraftverk AS | Microno. 18 in the class | 76 | 54.5% | 85.6% | 4.04 | −26.1% | 5 MNOK |
| 28 | Oslo Lysverker AS | Mediumno. 6 in the class | 76 | 55.5% | 73.4% | 3.36 | −43.2% | 96 MNOK |
| 29 | Tinfos AS | Mediumno. 7 in the class | 76 | 36.6% | 71.3% | 12.17 | −28.3% | 208 MNOK |
| 30 | Kvikne-Rennebu Kraftlag AS | Microno. 19 in the class | 76 | −83.6% | 97.1% | 32.73 | 13.2% | 4 MNOK |
| 31 | Kirkesundet Kraft AS | Smallno. 4 in the class | 76 | 52.0% | 96.3% | 32.38 | −29.0% | 12 MNOK |
| 32 | Høydal Kraftverk AS | Microno. 20 in the class | 75 | 30.8% | 77.7% | 1.58 | 36.2% | 2 MNOK |
| 33 | Rødøy-Lurøy Kraftverk ASsubsidiary of Salten Kraftsamband AS | Smallno. 5 in the class | 75 | 58.9% | 78.9% | 1.99 | −22.9% | 20 MNOK |
| 34 | Sks Produksjon ASsubsidiary of Salten Kraftsamband AS | Largeno. 2 in the class | 75 | 53.5% | 65.3% | 2.16 | −0.9% | 733 MNOK |
| 35 | Tinn Energi Produksjon AS | Microno. 21 in the class | 75 | 66.6% | 48.3% | 2.59 | 44.3% | 6 MNOK |
| 36 | Odal Vindkraftverk AS | Mediumno. 8 in the class | 75 | 40.1% | 53.9% | 8.27 | 32.5% | 355 MNOK |
| 37 | Halden Kraftproduksjon AS | Mediumno. 9 in the class | 74 | 55.2% | 73.7% | 3.29 | −32.2% | 74 MNOK |
| 38 | Rivedal Kraftverk AS | Microno. 22 in the class | 74 | 35.2% | 86.6% | 2.24 | −4.6% | 4 MNOK |
| 39 | Alsaker Kraft AS | Microno. 23 in the class | 74 | 54.4% | 56.4% | 7.17 | −13.8% | 1 MNOK |
| 40 | Nord Østerdal Kraftlag Andelsverk AS | Smallno. 6 in the class | 74 | 49.0% | 86.9% | 3.34 | −30.0% | 20 MNOK |
| 41 | Kjetland Kraft AS | Microno. 24 in the class | 74 | 31.4% | 94.7% | 8.04 | −21.2% | 2 MNOK |
| 42 | Botnakraft AS | Microno. 25 in the class | 74 | 48.5% | 54.5% | 18.38 | −0.8% | 2 MNOK |
| 43 | Sage Kraftverk AS | Smallno. 7 in the class | 73 | 50.5% | 75.4% | 3.68 | −21.2% | 15 MNOK |
| 44 | Øvre Hallingdal Kraftproduksjon AS | Mediumno. 10 in the class | 73 | 82.7% | 57.8% | 4.66 | −23.7% | 216 MNOK |
| 45 | Ålmo Energi AS | Microno. 26 in the class | 73 | 39.3% | 75.5% | 2.87 | −11.0% | 1 MNOK |
| 46 | Sev AS | Microno. 27 in the class | 73 | 18.6% | 55.6% | 2.23 | 27.3% | 8 MNOK |
| 47 | Vestfold Bioenergi AS | Microno. 28 in the class | 73 | 25.2% | 61.5% | 1.32 | 32.7% | 6 MNOK |
| 48 | Trønderenergi Kraft ASsubsidiary of Trønderenergi AS | Largeno. 3 in the class | 72 | 54.8% | 63.9% | 0.67 | −11.1% | 1,132 MNOK |
| 49 | Lemo Norway AS | Smallno. 8 in the class | 72 | 11.6% | 73.1% | 3.72 | −13.7% | 18 MNOK |
| 50 | Skrudsarkraft AS | Microno. 29 in the class | 72 | 31.0% | 83.3% | 4.39 | −32.0% | 2 MNOK |
Bankrupt or being wound up
These companies are left out of the ranking.
- being wound up Aker Offshore Wind Norway AS · last accounts 2025
- being wound up Aker Offshore Wind Sørlige Nordsjø 2 AS · last accounts 2025
- being wound up Aker Offshore Wind Utsira Nord AS · last accounts 2025
- bankrupt Alta Fjernvarme AS · last accounts 2023
- under compulsory liquidation or dissolution Altra Solar Execution Holding AS · last accounts 2023
- being wound up Eidskog Energi AS · last accounts 2025
- being wound up El-Ver AS · last accounts 2025
- status.deleted Fortum Hedging AS · last accounts 2025
- bankrupt Fosen Biovarme AS · last accounts 2025
- being wound up Goliatvind AS · last accounts 2025
- being wound up Goliatvind Holdco AS · last accounts 2025
- being wound up Hammerfest Iwind AS · last accounts 2025
- being wound up Hydrodrive AS · last accounts 2025
- being wound up Idun Holding AS · last accounts 2025
- bankrupt Indreitselva Minikraftverk AS · last accounts 2024
- bankrupt Kvimo Varmesentral AS · last accounts 2022
- being wound up Ngk Utbygging AS · last accounts 2025
- being wound up Nordavindar Offshore Wind AS · last accounts 2025
- being wound up Nordic Hydro Holding AS · last accounts 2025
- being wound up Norsk Miljøkraft AS · last accounts 2025
- under compulsory liquidation or dissolution Norsk Sol i Telemark AS · last accounts 2023
- being wound up Nova Holdings AS · last accounts 2025
- being wound up Ogvind AS · last accounts 2025
- being wound up OW Utsira Nord AS · last accounts 2025
- status.deleted Ruvi AS · last accounts 2023
- being wound up Source Galileo Holding AS · last accounts 2025
- being wound up Statkraft Offshore Wind AS · last accounts 2025
- being wound up Sønnavindar Offshore Wind AS · last accounts 2025
- under compulsory liquidation or dissolution Valstrand Energi AS · last accounts 2023
- being wound up Vestavindar Offshore Wind AS · last accounts 2025
- under compulsory liquidation or dissolution Virtual Power 1 AS
- being wound up Wavetecs AS · last accounts 2025
About the figures
- Only limited companies (AS and ASA) are included. Sole proprietorships are normally not required to file annual accounts and are therefore missing.
- The Brønnøysund Register Centre only checks that accounts are filed, not their content. Suspicious figures are flagged on the company page, not hidden.
- Figures are company accounts, not group accounts. Holding companies can be marked in admin and then do not count in sector averages.