Netera AS
ASActiveOrg 924330678Mongstugata 9, 6600 SunndalsøraDistribution of electricity· NACE 3514Est. 2019 · 6 years old18 employeeshttps://www.sunett.no
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Overview
Netera AS is a Norwegian AS based in Sunndalsøra, operating in the Distribution of electricity sector. Incorporated in 2019, the company has 18 employees and reported revenue of NOK 58.5m in its latest annual filing.
Revenue 2025
58.5M NOK
+5% vs 2024
EBITDA margin
24.9 %
+7% vs 2024
Net profit 2025
4.9M NOK
+20% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
64.1 %
StrongAmong the 40% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.8×
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
3.5 %
StrongAmong the 30% highest rated companies in the industry
20212025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 58.5M NOK | +5% |
| EBITDA | 14.6M NOK | +7% |
| Net profit | 4.9M NOK | +20% |
| Total assets | 139.4M NOK | +1% |
| Equity | 89.3M NOK | +3% |
| Employees | 18 | — |
Company information
Legal name
NETERA AS
Org number
924330678
Legal form
Aksjeselskap
NACE code
3514 · Distribution of electricity
Founded
12 December 2019 · 6 years
Share capital
NOK 25,751,420
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap. Daglig leder alene.
Company purpose
Eie og drifte distribusjonsnettet for strøm i sitt konsesjonsområde, og legge vekt på å skaffe kommunens innbyggere og næringsliv høy leveringssikkerhet og leveringskvalitet. Kvaliteten skal sikres gjennom effektiv drift, godt vedlikehold og rasjonell utbygging tilpasset dagens og fremtidige behov. Virksomheten kan delta i eller stå for utvikling av aktiviteter som gir styrket energileveranse. Selskapet skal bidra til en sikker og rasjonell energiforsyning, direkte og indirekte gjennom eierskap i evt. Datterselskaper og andre selskaper og sammenslutninger. Selskapet skal også kunne eie aksjer i andre selskaper som driver tilknyttet og nærliggende virksomhet, samt ute lån og stille sikkerhet for selskaper som konsernet har eierposisjon i. Videre skal selskapet kunne eie og forvalte fast eiendom, samt yte tjenester til andre selskaper i konsernet. Ved samarbeid med andre selskaper og organisasjoner skal en ivareta selskapets selvstendighet. Selskapet skal ta hensyn til lokale arbeidsplasser i sin organisasjon. Det skal legges vekt på å bygge opp arbeidsplasser basert på kompetanse, ansvar og trivsel gjennom et aktivt hms-arbeid. Selskapet skal gi inntjening på sin virksomhet og kapital som sikrer virksomhetens drift. Virksomhetens økonomiske målsettinger skal være basert på sikkerhet og ivaretakelse av eksisterende og fremtidige verdier som finnes i virksomheten. Selskapet skal drive aktiv energiøkonomisering. Denne virksomheten skal bidra til å markedsføre selskapet på en positiv måte både overfor private, offentlige og næringslivskunder. Selskapet skal til enhver tid vurdere salg av tjenester innenfor sitt fagkompetanseområde som loven tillater. Dette skal styrke selskapet økonomisk og kompetansemessig.
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Contact
Address
Mongstugata 9, 6600 Sunndalsøra
Phone
+47 71 68 95 70
Email
firmapost@sunndalenerginett.no
Website
https://www.sunett.no
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Financial development
In its most recent annual report (2025), Netera AS reported revenue of NOK 58.5m, an increase of 5% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 4.9m, and the EBITDA margin stood at 24.9%.
At the end of 2025, equity financed 64.1% of the balance sheet, and current assets covered short-term debt 0.8 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 58,489 | 55,852 | 53,312 | 47,011 | 43,870 |
| Staff expenses | -14,026 | -14,942 | -15,601 | -14,313 | -13,137 |
| EBITDA | 14,581 | 13,624 | 13,913 | 11,821 | 8,818 |
| Depreciation & amort. | -6,949 | -6,936 | -7,079 | -6,585 | -6,566 |
| EBIT | 7,632 | 6,688 | 6,834 | 5,236 | 2,252 |
| Net financials | -1,312 | -1,410 | -1,057 | -877 | -900 |
| Profit before tax | 6,320 | 5,278 | 5,776 | 4,358 | 1,352 |
| Tax | 1,390 | 1,161 | 1,269 | 949 | 294 |
| Net profit | 4,930 | 4,116 | 4,508 | 3,410 | 1,059 |
Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 139,381 | 138,423 | 143,832 | 141,861 | 145,114 |
| Equity | 89,313 | 86,848 | 85,209 | 77,223 | 73,738 |
| Long-term debt | 24,054 | 27,909 | 26,591 | 30,274 | 33,957 |
| Short-term debt | 26,014 | 23,666 | 32,031 | 32,576 | 35,188 |
| Total debt | 50,068 | 51,575 | 58,623 | 62,851 | 69,146 |
Financial ratios
5-year trendEBITDA margin
24.9 %
20212025
Equity ratio
64.1 %
StrongAmong the 40% highest rated companies in the industry
20212025
Return on equity
5.5 %
StrongAmong the 40% highest rated companies in the industry
20212025
Net profit margin
8.4 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
0.42×
Very strongAmong the 20% highest rated companies in the industry
20212025
Debt / equity
0.56×
StrongAmong the 40% highest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 40% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 30% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 30% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery strong
Among the 20% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 20% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 30% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
KS Chief Executive Officer | Chief Executive Officer | 2020 |
Former (4)
OG Deputy Member | Deputy Member | 2021 – 2023 |
IJ Deputy Member | Deputy Member | 2020 – 2023 |
PS Deputy Member | Deputy Member | 2020 – 2022 |
KA Deputy Member | Deputy Member | 2020 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
MK Board of Directors | Board of Directors | 2023 |
GE Board of Directors | Board of Directors | 2023 |
KS Chairman | Chairman | 2023 |
TM Board of Directors | Board of Directors | 2020 |
Former (8)
BH Board of Directors | Board of Directors | 2020 – 2023 |
JM Board of Directors | Board of Directors | 2020 – 2023 |
PH Board of Directors | Board of Directors | 2020 – 2023 |
IS Chairman | Chairman | 2020 – 2023 |
JM Board of Directors | Board of Directors | 2021 – 2023 |
ØB Board of Directors | Board of Directors | 2020 – 2023 |
GT Board of Directors | Board of Directors | 2023 – 2026 |
EM Board of Directors | Board of Directors | 2020 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
Related companies
Company hierarchy
Sunndal Kommune
Netera AS Board network connections
Board members of Netera AS also hold positions in 119 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kolbjørn Solem | Chief Executive Officer | 24 companiesMany roles |
| Oddveig Gikling-Bjørnå | Deputy Member | 15 companiesMany roles |
| Ildri Solbakk | Chairman | 13 companiesMany roles |
| Per Steinar Husby | Deputy Member | 12 companiesMany roles |
| Jon Magne Bugge Sandnes | Board of Directors | 11 companiesMany roles |
| Kjell Arne Nerland | Deputy Member | 7 companiesMany roles |
| Einar Mo | Board of Directors | 7 companiesMany roles |
| Georg Tvedt | Board of Directors | 6 companiesMany roles |
| Bergitte Husa Kippernes | Board of Directors | 5 companies |
| Jonny Meland | Board of Directors | 5 companies |
| Per Helge Malvik | Board of Directors | 5 companies |
| Mette Kårvatn Sande | Board of Directors | 3 companies |
| Inger Janne Haugan Vermøy | Deputy Member | 2 companies |
| Terje Monsøy | Board of Directors | 2 companies |
| Geir Edvin Sæther | Board of Directors | 1 company |
| Øystein Braseth | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Netera AS?
Netera AS is registered with Brønnøysundsregistrene under Org 924330678.
What is the revenue of Netera AS?
Netera AS reported revenue of NOK 58.5m in 2025.
How many employees does Netera AS have?
Netera AS employs 18 people as of the latest annual report.
Who is the CEO of Netera AS?
Kolbjørn Solem is the CEO of Netera AS, in role since 2020.
Who is the chairman of Netera AS?
Kolbjørn Solem chairs the board of Netera AS, in role since 2023.
Where is Netera AS headquartered?
Netera AS's registered address is Mongstugata 9.