Forte Vannkraft AS

975 964 825 ↗Production of electricity from hydropower
identity
AS · est 1995OsloParent · 10 subsidiarieswas OBOS ENERGI AS →2020
Brreg · companies
Employees8
CEO · since2020-09-23Rein Husebø
Chair · since2026-02-10Stig Jone Østebrøt
  • 2026-07-18: 8
  • 2026-07-25: 8
Roles from Brreg, shown for business contact only. No birth date is shown or exported (purpose limitation, GDPR Art. 6(1)(f)).
Brreg · company_people
3 registered roles
Daglig lederRein Husebø Multiple boards Serial CEO2020-09-23
Styrets lederStig Jone Østebrøt Multiple boards2026-02-10
StyremedlemStefan Mächler Multiple boards2026-02-10
register ledger · people
2026-07-25regemployees_change: employees7 -> 8
2026-07-18regemployee_change: antallAnsatte7 -> 8
NOK, amounts in thousands
No annual accounts filed.
Regnskapsregisteret · company_revenue (company)
register ledger · money
2026-07-31regaccounts_filed: last_annual_accounts_year2024 -> 2025
owners
20242025
CLOUDBERRY PRODUCTION II AS 53
202020212022202320242025
CLOUDBERRY PRODUCTION II AS 53
Ownership chain · ultimate → thisCLOUDBERRY CLEAN ENERGY ASA 100%CLOUDBERRY PRODUCTION II AS 53%self
Aksjonærregisteret · company_ownership · 2025 · both directions
stewards
202420252026
auditor DELOITTE AS 2026-06-23
accountant ENORA AS 2026-06-23
2020202120222023202420252026
auditor DELOITTE AS 2026-06-23
accountant ENORA AS 2026-06-23
Brreg · company_org_roles
tenders
No recorded tender wins.
Relevant open tenders — matched · NACE 35.121 ↔ CPV
subscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-17
hiring
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
website
URL · crawledfortevannkraft.com 2026-07-31
AI filesno llms files · open
Stacken
Web · company_sites
group · owns
Group revenue kr 3.14MGroup net kr -3.36MTenders won 0Rolled up across the parent + 10 subsidiaries — Dyrdal Kraft AS alone is kr 3.14M.
rollup estimate · filed konsernregnskap not yet in Intelligo
Klauva Kraft AS 100%Trade of electricity
Kalklavkraft AS 100%Production of electricity from hydropower
Vigda Kraft AS 100%Production of electricity from hydropower
Hoslemo Kraft AS 100%Production of electricity from hydropower
Grøvdal Kraft AS 100%Business and other management consultancy activities
Fardalen Kraft AS 100%Trade of electricity
Dagsvikelva Kraft AS 100%Trade of electricity
Dyrdal Kraft AS 100%Production of electricity from hydropowerkr 3.14M
Forte Vannkraft Utvikling AS 100%Research and experimental development on natural sciences and engineering
Aa-Tverrelva Kraft AS 100%Trade of electricity
100%
Ramsliåna Kraftverk AS 100%
100%
Ervikselva Kraft AS 100%
Mordøla Kraft AS 100%
Skjerdalselva Kraft AS 100%
Øvre Storelvi Kraft AS 100%
Norhard Equipment AS 100%
Kroka2 Kraft AS 100%
Re Energi AS 100%
Aspvikelva Kraft AS 100%
Gjemlestad Kraftverk AS 100%
+17 more holdings
Aksjonærregisteret · company_ownership · 2025 · both directions
FY2025audit: No auditor's report (revisor fravalgt)Dividend kr 33M6 full-time equivalentssigned: Stig Jone Østebrøt, Stefan Mächler, Rein Husebø
Regnskapsregisteret (årsberetning) · company_annual_reports
27 notes from the report
Going concernThe company states there is no uncertainty about going concern.“Er det usikkerhet om fortsatt drift?: Nei”
Going concernThe board confirms the financial statements are prepared on a going concern basis and that the group's financial position is sound.“In accordance with the Accounting Act § 3-3a, we confirm that the financial statements have been”
OwnershipCloudberry Production II AS became new majority shareholder and the group was included in the Cloudberry Clean Energy ASA group.“Cloudberry Production Il AS as new majority sharholder and inclusion of FORTE Vannkraft Group”
OwnershipThe company is consolidated into the group accounts of parent Cloudberry Clean Energy ASA.“Virksomheten inngar i konsolideringen til morselskapets konsermregnsk.: Ja”
Share capitalCloudberry Production II AS subscribed for 132 435 new A-shares on 11 July 2025, settled by offsetting a sellers credit.“On 11 July 2025 Cloudberry Production II AS subscribed for 132 435 new A-shares,settled by offsetting”
Share capitalBoth shareholders subscribed for 31 420 new A-shares in a further capital increase on 26 September 2025.“On 26 September 2025 both shareholders subscribed for a combined 31 420 new A-shares in a”
DividendDividend of EUR 33 038 868 was charged against other equity in 2025, of which EUR 10 382 497 was paid in cash.“Divi dend payments Ca pital increase -10 382 497 5 426 680 0”
DividendThe parent company's net profit of EUR 8 834 495 was allocated to other equity.“Allocated to other equity EUR 8 834 495”
Related partyThe parent has a long-term loan to its shareholder Swiss Life Hydro Norway S.a r.l., repayable by 2042 at 3.80% interest.“FORTE Vannkraft AS have a loan to their shareholder Swiss Life Hydro Norway S.a r.l. The loan shall be”
Related partyA short-term loan of EUR 3 660 000 has also been granted to the shareholder Swiss Life Hydro Norway S.a r.l.“FORTE Vannkraft AS has given its shareholder Swiss Life Hydro Norway S.a r.l. a short term loan of”
Related partyThe group buys technical and operational services from Captiva Asset Management AS, a subsidiary of Cloudberry Clean Energy ASA.“FORTE Vannkraft has bought technical and operational services from Captiva Asset Management AS,”
Related partyInterest income on the shareholder loan was EUR 1 033 516 in 2025, with EUR 23 341 369 outstanding.“of 31 December 2025 was EUR 23 341 369. And the interest income in 2025 amounted to EUR 1 033 516.”
Pledge or guaranteeAssets with a carrying amount of EUR 71 891 202 are pledged as security.“Total pledged assets 71 891 202 131 323 348”
Sale processFVK4 AS and its 12 subsidiaries were sold on 11 April 2025 with a locked box mechanism from 31 December 2024.“FVK4 AS and its 12 subsidiaries was sold on 11 April 2025 with a locked box mechanism from”
Sale processThe acquisition of plants from Cloudberry Production II AS was settled with EUR 16 000 000 cash and a sellers credit.“The transaction was partly settled with a cash payment of EUR 16 000 000 and a sellers credit”
ImpairmentPlants under construction were impaired due to the discontinued Ofta project (concession expiry) and cost overruns on Kroka2.“Impairment of plants under construction related to discontinued project at Ofta due to concession”
RemunerationThe group CEO is hired from an external company; total CEO expense was EUR 334 164 in 2025.“operating expenses.For the year 2025 total CEO expense was EUR 334 164.”
RemunerationNo loans or securities have been granted to directors or other related parties.“No loans or securities have been granted to directors or other related parties.”
Staff numbersThe group employs 4 full-time employees plus 4 full-time consultants.“FORTE Vannkraft Group employs 4 full-time employees, and 4 consultants on full-time agreements.”
Staff numbersAverage full-time employees in the group fell from 43 in 2024 to 26 in 2025.“Average full-time ermployees 26 43”
Deferred taxThe group recognises a net deferred tax liability of EUR 6 132 550, including resource rent tax.“Total deferred tax asset/(-liability) -6 132 550 -617 619”
Loan or financingDuring 2025 the company increased paid-in capital and reduced drawings under its credit facility.“the paid in capital from shareholders and reduced the amounts drawn under its credit facility”
Loan or financingLoans from financial institutions decreased to EUR 57 762 667, all non-current.“Total loansfromfinancial institutions 57 762 667 124645 042”
SubsidiaryThe group comprises FORTE Vannkraft AS and 19 wholly owned subsidiaries at 31.12.2025.“As of 31.12.2025 FORTE Vannkraft Group consists of FORTE Va nnkraft AS and the following subsidiaries.”
OtherThe tax office granted dispensation from the requirement to prepare the annual accounts and board report in Norwegian.“Skattekontoret finner at disse forholdene samlet tilsier at dispensasjon fra kravet om a utarbeide”
OtherCapitalised interest expense on construction loans amounted to EUR 835 027 in 2025.“Total capitalized interst expense in 2025 amounts to EUR 835 027, compared to EUR 4 377 353 in 2024.”
OtherAudit fees comprised a statutory audit fee and fees for other services.“Statutory audit fee 47 659 60 670 10 650”
register
registered 1995-12-29obos@obos.no · 22 86 55 00
Brreg · companies
register ledger · 28 events · 2 series/meta rows folded into the charts
2026-07-31regaccounts_filed: last_annual_accounts_year2024 -> 2025
2026-07-25regemployees_change: employees7 -> 8
2026-07-18regemployee_change: antallAnsatte7 -> 8
2025-12-31reportGoing concernThe company states there is no uncertainty about going concern. — Er det usikkerhet om fortsatt drift?: Nei
2025-12-31reportGoing concernThe board confirms the financial statements are prepared on a going concern basis and that the group's financial position is sound. — In ...
2025-12-31reportOwnershipCloudberry Production II AS became new majority shareholder and the group was included in the Cloudberry Clean Energy ASA group. — Cloudb...
2025-12-31reportOwnershipThe company is consolidated into the group accounts of parent Cloudberry Clean Energy ASA. — Virksomheten inngar i konsolideringen til mo...
2025-12-31reportShare capitalCloudberry Production II AS subscribed for 132 435 new A-shares on 11 July 2025, settled by offsetting a sellers credit. — On 11 July 202...
2025-12-31reportShare capitalBoth shareholders subscribed for 31 420 new A-shares in a further capital increase on 26 September 2025. — On 26 September 2025 both shar...
2025-12-31reportDividendDividend of EUR 33 038 868 was charged against other equity in 2025, of which EUR 10 382 497 was paid in cash. — Divi dend payments Ca p...
2025-12-31reportDividendThe parent company's net profit of EUR 8 834 495 was allocated to other equity. — Allocated to other equity EUR 8 834 495
2025-12-31reportRelated partyThe parent has a long-term loan to its shareholder Swiss Life Hydro Norway S.a r.l., repayable by 2042 at 3.80% interest. — FORTE Vannkra...
2025-12-31reportRelated partyA short-term loan of EUR 3 660 000 has also been granted to the shareholder Swiss Life Hydro Norway S.a r.l. — FORTE Vannkraft AS has giv...
2025-12-31reportRelated partyThe group buys technical and operational services from Captiva Asset Management AS, a subsidiary of Cloudberry Clean Energy ASA. — FORTE ...
2025-12-31reportRelated partyInterest income on the shareholder loan was EUR 1 033 516 in 2025, with EUR 23 341 369 outstanding. — of 31 December 2025 was EUR 23 341 ...
2025-12-31reportPledge or guaranteeAssets with a carrying amount of EUR 71 891 202 are pledged as security. — Total pledged assets 71 891 202 131 323 348
2025-12-31reportSale processFVK4 AS and its 12 subsidiaries were sold on 11 April 2025 with a locked box mechanism from 31 December 2024. — FVK4 AS and its 12 subsid...
2025-12-31reportSale processThe acquisition of plants from Cloudberry Production II AS was settled with EUR 16 000 000 cash and a sellers credit. — The transaction w...
2025-12-31reportImpairmentPlants under construction were impaired due to the discontinued Ofta project (concession expiry) and cost overruns on Kroka2. — Impairmen...
2025-12-31reportRemunerationThe group CEO is hired from an external company; total CEO expense was EUR 334 164 in 2025. — operating expenses.For the year 2025 total ...
2025-12-31reportRemunerationNo loans or securities have been granted to directors or other related parties. — No loans or securities have been granted to directors o...
2025-12-31reportStaff numbersThe group employs 4 full-time employees plus 4 full-time consultants. — FORTE Vannkraft Group employs 4 full-time employees, and 4 consul...
2025-12-31reportStaff numbersAverage full-time employees in the group fell from 43 in 2024 to 26 in 2025. — Average full-time ermployees 26 43
2025-12-31reportDeferred taxThe group recognises a net deferred tax liability of EUR 6 132 550, including resource rent tax. — Total deferred tax asset/(-liability) ...
2025-12-31reportLoan or financingDuring 2025 the company increased paid-in capital and reduced drawings under its credit facility. — the paid in capital from shareholders...
2025-12-31reportLoan or financingLoans from financial institutions decreased to EUR 57 762 667, all non-current. — Total loansfromfinancial institutions 57 762 667 1246...
2025-12-31reportSubsidiaryThe group comprises FORTE Vannkraft AS and 19 wholly owned subsidiaries at 31.12.2025. — As of 31.12.2025 FORTE Vannkraft Group consists ...
2025-12-31reportOtherThe tax office granted dispensation from the requirement to prepare the annual accounts and board report in Norwegian. — Skattekontoret f...
Skiwo · company_events