GRØNDALSELVA KRAFT AS
GRØNDALSELVA KRAFT AS is registered as a limited company in Ullensvang, Vestland with organisation number 921862679. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 2018. Registered share capital is NOK 11.0m, divided into 5000 shares. The company's stated purpose is: “Bygge ut og drive kraftverk i Grøndalselva i Røldal.”. The most recent filed accounts, for the 2025 financial year, show NOK 8.0m in revenue and NOK 4.6m in operating profit.
Key figures · 2025
Financial health · 2025
Who owns GRØNDALSELVA KRAFT AS?
GRØNDALSELVA KRAFT AS has 8 registered shareholders:
- Arve Kvåle 21.7%
- Marianne Hauglid Flågeng 20.0%
- Hildegunn Kvåle 16.7%
- Kjetil Kvåle 16.7%
- MALVIN KVÅLE HOLDING AS 10.0%
- Malin Høyland Kvåle 5.0%
- Jorunn Kvåle 5.0%
- Randi Kvåle 5.0%
Frequently asked questions about GRØNDALSELVA KRAFT AS
Who owns GRØNDALSELVA KRAFT AS?
Arve Kvåle is the largest registered owner, with 21.7%.
What is the revenue of GRØNDALSELVA KRAFT AS?
GRØNDALSELVA KRAFT AS had revenue of NOK 8.0m in 2025.
Who is the general manager of GRØNDALSELVA KRAFT AS?
Arve Kvåle is registered as general manager of GRØNDALSELVA KRAFT AS.
Where is GRØNDALSELVA KRAFT AS based?
GRØNDALSELVA KRAFT AS has its business address in Skare.
Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 03.10.2026.