Private limited company · Nome
MIDT-TELEMARK KRAFT AS
ActiveProduction of electricity from hydropower (35.121)
The life line 2002–2026
Operating revenue per year, with recorded events above. As a table
Operating revenue 2025: NOK 16.0m.
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
MIDT-TELEMARK KRAFT AS is a private limited company in Nome, founded in 2002, in the industry production of electricity from hydropower. The chief executive is Jon Arne Mørch Jonassen, and the chair of the board is Roar Snippen. In 2025 the company had NOK 16.0m in operating revenue and a net profit of NOK 14.7m. The largest owner is MIDT-TELEMARK KOMMUNE with 34.4%.
Put together by Intelligo from the sections below; each figure stands with its source where it belongs.
Overview
§ 01 Latest changes
4 changes, latest 5 Oct 2026
- Endring av revisor
- Annual accounts filed 2024 → 2025
- Godkjent årsregnskap
- Endring av styre
Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →
Overview
§ 02 Worth knowing
2 points
- NoteChanged auditor 5 Oct 2026
- OKEquity ratio 86.1%, above the industry median
Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate
Overview
§ 03 Key figures
Revenue NOK 16.0m in 2025
Revenue
NOK 16.0m
+12.5% from 2024
20232025
Operating profit
NOK 15.7m
+12.9% from 2024
20232025
Net profit
NOK 14.7m
+15.7% from 2024
20232025
Equity
NOK 221.2m
+0.3% 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 2015
Of every krone of operating revenue in 2015:
- Wages and social costs 3%
- Other operating costs 6%
- Left as operating result 91%
Of the net profit for 2015, NOK −1.6m stayed in the company. The rest, NOK 5.3m, is an assumed dividend.
The assumed dividend is derived by Intelligo from the change in equity, not stated by the source. Source: the Register of Company Accounts via areg.no, read 15 Nov 2026
Finances
§ 05 Financial health
Equity ratio 86.1%
- MIDT-TELEMARK KRAFT AS, 2025
- Industry median, assumed: NOK 2.8m · 24.3% · 38.0% · −0.1%
Equity NOK 221.2m86% of the assets (NOK 257.0m)
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
24 years, latest 2025
| NOK 1,000 | 2023–25 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Operating revenue | 15,999 | 14,224 | 17,776 | |
| Operating profit | 15,692 | 13,902 | 17,443 | |
| Profit before tax | 14,743 | 12,741 | 16,653 | |
| Net profit | 14,743 | 12,741 | 16,653 | |
| Total assets | 257,012 | 255,229 | 259,724 | |
| Equity | 221,241 | 220,498 | 219,057 | |
| Liabilities | 35,770 | 34,732 | 40,668 |
Source: the Register of Company Accounts, read 15 Nov 2026 · All 24 years →
Management and ownership
§ 07 Officers
9 officers now
- Jon Arne Mørch JonassenChief executive since 2014
- Roar SnippenChair of the board since 2026
- CEDRA NORGE ASAuditor since 2026
- Audun ThorstensenBoard member since 2014
- Alfhild StokkeBoard member since 2020
- Rønnaug Woxen ThoenBoard member since 2021
Source: the Brønnøysund Register Centre, read 6 Oct 2026 · All 9 roles, former ones too →
Management and ownership
§ 08 Signature, procuration and authorisations
Styrets leder og ett styremedlem i fellesskap.
May sign for the company:
Styrets leder og ett styremedlem i fellesskap.
Power of procuration:
Daglig leder alene.
The signature is word for word from the register. Source: the Register of Business Enterprises, read 23 Aug 2026
Management and ownership
§ 09 Owners
4 shareholders · largest 34.4%
| Owner | Share |
|---|---|
| MIDT-TELEMARK KOMMUNE | 34.4% |
| NOME KOMMUNE | 32.3% |
| MIDT-TELEMARK KOMMUNE | 17.2% |
| 1 others | 16.1% |
Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 31 Jul 2026 · All 4 owners →
Management and ownership
§ 10 Group
None registered
Not a group.No subsidiaries in the shareholder register, and no group accounts. Checked 15 Nov 2026.
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
44 connections
- Person
- Company
8 people link MIDT-TELEMARK KRAFT AS to 24 other companies: Benjamin Natanael Selmer 9, Roar Snippen 10, Jon Arne Mørch Jonassen 5, Lars Halvor Ova Johnsen 5, Audun Thorstensen 3 and Rønnaug Woxen Thoen 3, …
Source: the Brønnøysund Register Centre, read 6 Oct 2026 · Explore the network →
Events and registers
§ 13 Events
27 since 2015
Events per year
20152026
Since 2015: 60 announcements and 1 register change. Most happened in 2020 and 2026.
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 27 events →
Events and registers
§ 14 Notices
60, latest 5 Oct 2026
- Revisor
- Godkjente årsregnskap
- Revisor
Source: The Brønnøysund Register Centre's announcements ↗, read 2 Nov 2026 · All 60 →
Events and registers
§ 15 Charges
Not fetched yet
Events and registers
§ 16 Other registers
Found in 2 of 7
- The Central Coordinating RegisterRegistered 12 Mar 1995
- VATNot registered
- The Register of Business EnterprisesRegistered 20 Jun 1990
- 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: Eie og drive kraftverk, salg av kraft, og forvalte selskapets øvrige eiendeler og interesser, herunder fallretter, samt rettigheter til erstatningskraft.
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 MIDT-TELEMARK KRAFT AS?
Jon Arne Mørch Jonassen, since 2014. § 07 - Who owns MIDT-TELEMARK KRAFT AS?
4 shareholders. The largest is MIDT-TELEMARK KOMMUNE with 34.4%, NOME KOMMUNE with 32.3% and MIDT-TELEMARK KOMMUNE with 17.2%. § 09 - What was the revenue in 2025?
NOK 16.0m in the company. § 06 - Who can sign for MIDT-TELEMARK KRAFT AS?
Styrets leder og ett styremedlem i fellesskap. § 08 - Who is the auditor?
CEDRA NORGE AS, from 5 Oct 2026. § 07 - Where is MIDT-TELEMARK KRAFT AS based?
3830 Ulefoss. - When was MIDT-TELEMARK KRAFT AS founded?
13 May 2002, registered in the Register of Business Enterprises 20 Jun 1990. § 16
The answers come from the sections linked to, with their sources.