Private limited company · Stavanger
SVANEDAL AS
ActiveProduction of electricity from hydropower (35.121)
The life line 1997–2026
Operating revenue per year, with recorded events above. As a table
Operating revenue 2025: NOK 4.7m.
Sources: the Register of Company Accounts (company accounts), fetched 15 Nov 2026; the Brønnøysund Register Centre. Each event has the colour of the section it is in.
In brief
SVANEDAL AS is a private limited company in Stavanger, founded in 1935, in the industry production of electricity from hydropower. The chief executive is John Egil Hatlevik, and the chair of the board is John Egil Hatlevik. In 2025 the company had NOK 4.7m in operating revenue and a net profit of NOK 4.5m. The largest owner is DRAUPNIR AS with 73.5%.
Put together by Intelligo from the sections below; each figure stands with its source where it belongs.
Overview
§ 01 Latest changes
4 changes, latest 17 Jul 2026
- Annual accounts filed 2024 → 2025
- Godkjent årsregnskap
- SVANEDAL AS out as an owner, had 26.7%
- Fullmakt utdeling av utbytte
Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →
Overview
§ 02 Worth knowing
1 point
- OKEquity ratio 90.9%, above the industry median
Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate
Overview
§ 03 Key figures
Revenue NOK 4.7m in 2025
Revenue
NOK 4.7m
+13.0% from 2024
20232025
Operating profit
NOK 1.2m
+14.2% from 2024
20232025
Net profit
NOK 4.5m
+118.2% from 2024
20232025
Equity
NOK 85.9m
+1.5% from 2024
20232025
Source: the Register of Company Accounts, read 15 Nov 2026 · The full accounts →
Finances
§ 04 Where the money comes from and goes
Financial year 2025
Of every krone of operating revenue in 2025:
- Wages and social costs 55%
- Depreciation 6%
- Other operating costs 13%
- Not specified in the source 1%
- Left as operating result 25%
Source: the Register of Company Accounts via areg.no, read 15 Nov 2026
Finances
§ 05 Financial health
Equity ratio 90.9%
- SVANEDAL AS, 2025
- Industry median, assumed: NOK 2.8m · 24.3% · 38.0% · −0.1%
Equity NOK 85.9m91% of the assets (NOK 94.5m)
Source: the Register of Company Accounts, read 15 Nov 2026. The median is derived by Intelligo from 647 companies in 35.121 Production of electricity from hydropower, not stated by the source.
Finances
§ 06 Accounts
28 years, latest 2025
| NOK 1,000 | 2023–25 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Operating revenue | 4,729 | 4,183 | 5,575 | |
| Operating profit | 1,180 | 1,034 | 2,172 | |
| Profit before tax | 5,294 | 2,801 | 5,288 | |
| Net profit | 4,504 | 2,064 | 4,159 | |
| Total assets | 94,546 | 92,346 | 88,299 | |
| Equity | 85,941 | 84,691 | 82,626 | |
| Liabilities | 8,604 | 7,655 | 5,673 |
Source: the Register of Company Accounts, read 15 Nov 2026 · All 28 years →
Management and ownership
§ 07 Officers
6 officers now
- John Egil HatlevikChief executive since 2008
- BRYNE REVISJON ASAuditor since 2024
- John Egil HatlevikChair of the board since 2007
- ECIT SERVICES ASAccountant
- Hans-Åsmund UndheimBoard member since 2007
- Solfrid Johanne WaulaBoard member since 2010
Source: the Brønnøysund Register Centre, read 3 Nov 2026 · All 6 roles, former ones too →
Management and ownership
§ 08 Signature, procuration and authorisations
To styremedlemmer i fellesskap.
May sign for the company:
To styremedlemmer i fellesskap.
Power of procuration:
Daglig leder alene.
The board has 2 authorisations in force now: capital increase, until 25 Jun 2027; acquisition of own shares, until 25 Jun 2027.
The signature is word for word from the register. Source: the Register of Business Enterprises, read 2 Oct 2026
Management and ownership
§ 09 Owners
7 shareholders · largest 73.5%
| Owner | Share |
|---|---|
| DRAUPNIR AS | 73.5% |
| NOVA VEDLIKEHOLD AS | 6.8% |
| O.G. GUDVANGEN AS | 6.8% |
| 4 others | 13.0% |
Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 31 Jul 2026 · All 7 owners →
Management and ownership
§ 10 Group
7 subsidiaries
- IDUN HOLDING AS100%
- BRYNEPORTEN AS100%
- STORGATA 38 BRYNE AS100%
- + 4 other subsidiaries
Share held. Source: the Tax Administration's shareholder register, fetched 31 Jul 2026 · The whole group →
Management and ownership
§ 11 Portfolio
Holds shares in 1 company
Source: the Tax Administration's Register of Shareholders, read 31 Jul 2026 · The whole portfolio →
Management and ownership
§ 12 Network
41 connections
- Person
- Company
3 people link SVANEDAL AS to 19 other companies: John Egil Hatlevik 14, Solfrid Johanne Waula 11 and Hans-Åsmund Undheim 6.
Source: the Brønnøysund Register Centre, read 3 Nov 2026 · Explore the network →
Events and registers
§ 13 Events
59 since 2015
Events per year
20152026
Since 2015: 125 announcements, 1 register change and 0 new and 1 former owners. Most happened in 2024 and 2025.
Source: the announcements of the Brønnøysund Register Centre, the Tax Administration's Register of Shareholders, Doffin, TED and NAV, read 2 Nov 2026. Register changes are Intelligo's own observations. · All 59 events →
Events and registers
§ 14 Notices
125, latest 15 Jul 2026
- Godkjente årsregnskap
- Utdeling av utbytte - fullmakt
- Erverv av egne aksjer-fullmakt
Source: The Brønnøysund Register Centre's announcements ↗, read 2 Nov 2026 · All 125 →
Events and registers
§ 15 Charges
Not fetched yet
Events and registers
§ 16 Other registers
Found in 3 of 7
- The Central Coordinating RegisterRegistered 12 Mar 1995
- VATRegistered
- The Register of Business EnterprisesRegistered 31 Mar 1989
- The Cleaning RegisterNot registered
- The Register of Staffing AgenciesNot registered
- Smiley scheme, the Norwegian Food Safety AuthorityNot registered
- The Financial Supervisory Authority's licence registerNot registered
Purpose: Handel, produksjon, kraftproduksjon, investeringsvirksomhet, utleie og forvaltning av fast eindom og salg av tjenester.
Source: the Brønnøysund Register Centre, the Labour Inspection Authority, the Food Safety Authority and the Financial Supervisory Authority, each on its own, fetched 15 Nov 2026
Market
§ 17 Tenders
None registered
No tenders recorded.No public tenders won, lost or announced, in Doffin or TED. Checked 15 Nov 2026.
Market
§ 18 Vacancies
None registered
No vacancies.No open ads at NAV. Checked 15 Nov 2026.
Market
§ 19 Competitors
Industry code 35.121
The companies most like it:
The selection is Intelligo's, not stated by the source: companies met in tenders and winners of tenders of the same kind, otherwise the same industry code, nearest in place and size. Source: the Brønnøysund Register Centre, Doffin and TED, fetched 15 Nov 2026 · All competitors → · Largest in the industry →
Last
§ 20 Questions and answers
7 questions
- Who is the chief executive of SVANEDAL AS?
John Egil Hatlevik, since 2008. § 07 - Who owns SVANEDAL AS?
7 shareholders. The largest is DRAUPNIR AS with 73.5%, NOVA VEDLIKEHOLD AS with 6.8% and O.G. GUDVANGEN AS with 6.8%. § 09 - What was the revenue in 2025?
NOK 4.7m in the company. § 06 - Who can sign for SVANEDAL AS?
To styremedlemmer i fellesskap. § 08 - Who is the auditor?
BRYNE REVISJON AS, from 19 Dec 2024. § 07 - Where is SVANEDAL AS based?
Hillevågsveien 95, 4016 Stavanger. - When was SVANEDAL AS founded?
26 Apr 1935, registered in the Register of Business Enterprises 31 Mar 1989. § 16
The answers come from the sections linked to, with their sources.