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 figureLower quartileMedianUpper quartile
Operating margin−2.1%16.2%38.4%
Profit margin−15.8%9.2%31.8%
Return on assets1.0%5.2%10.0%
Equity ratio19.9%38.1%61.2%
Debt-to-equity0.601.473.45
Current ratio0.811.503.02
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

0103205Index 0–10: 3 companies30Index 10–20: 16 companies1610Index 20–30: 82 companies8220Index 30–40: 131 companies13130Index 40–50: 172 companies17240Index 50–60: 205 companies20550Index 60–70: 159 companies15960Index 70–80: 65 companies6570Index 80–90: 5 companies580Index 90–100: 1 companies190100Index →

Best in each category · 2024

Operating marginMidt-Telemark Kraft AS97.7%
Return on assetsNorsk Vind AS63.0%
Equity ratioFinnmark Kraft AS98.3%
Revenue growthSkagerak Energitjenester AS940.3%

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.

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.