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Elmera Group A ELMRA.OL · NOK

Utilities · Oslo Børs · 🇳🇴 Norway

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46.75

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Close of 3 Nov 2026, in NOK

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About Elmera Group A

Its shares trade on Oslo Børs under the ticker ELMRA.OL. It has been listed since 21 March 2018. In the fiscal year to 31 December 2025, it reported revenue of NOK 12.12bn and net income of NOK 162.8m. At that date it held total assets of NOK 7.10bn and shareholders' equity of NOK 1.36bn.

Fjordkraft Holding ASA supplies electricity to the thousands of homes and to large and small jobs in the private and public sectors. The company is headquartered in Fyllingsdalen, Hordaland. The company went IPO on 2018-03-21. The Group is a national electricity retailer and provider of related services to households, private and public companies, as well as municipalities. The core business includes the purchase, sale and portfolio management of electrical power. The firm operates within two segments: Consumer segment, which implies the sale of electrical power and related services to private consumers; and Business segment, which covers the sale of electrical power and related services to business consumers. Additional services comprise mobile phone subscriptions to private consumers and insurance sales, among others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Utilities
Industry
Electric Utilities
Listed since
21 Mar 2018
Employees
288

Leadership

Pay as last reported

  • Mr. Steinar SonstebyChairman of the BoardNOK 635,000
  • Mr. Rolf BarmenPresident, Chief Executive OfficerNOK 6.1m
  • Mr. Henning NordgulenChief Financial Officer, Executive Vice PresidentNOK 3.7m
  • Mr. Magnar OyhovdenChief Executive Officer, Fjordkraft ASNOK 3.5m
  • Ms. Kari MarvikExecutive Vice President, Chief Information OfficerNOK 2.1m
  • Ms. Solfrid AndersenExecutive Vice President, Head of Power Markets and Energy SupplyNOK 2.4m
  • Mr. Roger FinnangerExecutive Vice President, Head of BusinessNOK 2.6m
  • Mr. Arnstein FlaskerudExecutive Vice President - Strategy, Innovation, M&A and SustainabilityNOK 2.8m
  • Mr. Per Heiberg-AndersenExecutive Vice President, Head of NordicNOK 2.3m
  • Ms. Solfrid Kongshaug AaseExecutive Vice President, Head of Service CompaniesNOK 2.4m
  • Ms. Jeanne TjomslandExecutive Vice President - People, Culture & CommunicationsNOK 2.4m
  • Mrs. Live Haukvik AkerDirectorNOK 468,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
51
Environment
50
Social
52
Governance
51
Direct emissions (scope 1)
10.6 t
Energy emissions (scope 2)
17.2 t
Value chain emissions (scope 3)
8,999,403.1 t
Women in the workforce
45%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Fjordkraft Holding ASA holds a strong market position in the energy sector, allowing the company to have a significant competitive advantage over its rivals. This position enables the company to attract a large customer base and generate consistent revenue.
  • Fjordkraft Holding ASA offers a diverse range of energy products and services, including electricity, natural gas, and smart home solutions. This diversified product portfolio allows the company to cater to various customer needs and adapt to changing market trends.

Weaknesses

  • Fjordkraft Holding ASA's financial performance is heavily tied to energy prices. Fluctuations in the energy market can impact the company's profitability and revenue growth. Such dependency exposes the company to market uncertainties.
  • Fjordkraft Holding ASA relies on third-party suppliers for its energy resources. This reliance makes the company vulnerable to any disruptions or changes in supplier agreements, which could affect the company's operations and customer satisfaction levels.

Opportunities

  • The growing demand for renewable energy sources presents an opportunity for Fjordkraft Holding ASA to tap into this market. By offering renewable energy products and investing in sustainable practices, the company can attract environmentally conscious customers and contribute to a greener future.
  • Fjordkraft Holding ASA has the potential to expand its operations into new geographies, both domestically and internationally. This expansion would allow the company to reach a wider customer base and diversify its revenue streams, reducing its dependence on a single market.

Threats

  • The energy sector is highly competitive, with various players vying for market share. Fjordkraft Holding ASA faces the threat of intense competition, which could potentially lead to the loss of customers and market share if the company fails to differentiate itself or respond to competitive pressures effectively.
  • Regulatory and policy changes in the energy sector can have a significant impact on Fjordkraft Holding ASA's operations. Adapting to new regulations and ensuring compliance requires resources and strategic planning. Failure to do so may result in penalties, financial losses, or reputational damage.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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