Fusa Kraftlag AS
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Fusa Kraftlag AS - overview
Location
-, -, Norway
Primary Industry
Information Services
About
Fusa Kraftlag AS is a utility company based in Hordaland, Norway, specializing in the provision of electricity and fiber internet services to local communities and businesses, ensuring reliable energy and connectivity solutions. Fusa Kraftlag AS operates within the former Fusa municipality, focusing on the management of electrical grids and broadband services. The company has not undergone any significant pivots in its strategy and does not have known subsidiaries. Founded by local entrepreneurs, Fusa Kraftlag has remained committed to its regional service model.
Specific information regarding the CEO and Founder is not currently available. Fusa Kraftlag primarily offers electricity and fiber services, functioning as a local provider within the former Fusa municipality. The company operates and maintains the electrical grid, ensuring reliable power delivery and internet connectivity to residential and commercial customers. Their core services address the growing demand for sustainable energy solutions and high-speed internet access, catering to households, small businesses, and community organizations in Norway.
By focusing on local service provision, they aim to enhance community development and utility accessibility. Fusa Kraftlag generates revenue through direct service transactions with its clientele, primarily structured around electricity supply and fiber internet services. Customers typically engage in subscription-based agreements, allowing them to access consistent power and internet services tailored to their specific needs. The company may implement tiered pricing structures based on usage levels, providing options for both residential and commercial clients.
Their revenue model includes partnerships with local governments and organizations, aimed at promoting sustainable energy initiatives and community support programs.
Primary Industry
Information Services
Sub Industries
IT Infrastructure, Information Services
Website
www.fusa-kraftlag.no/
Total Amount Raised
Subscriber access only
Fusa Kraftlag AS - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 66,631,256 | 71,337,176 | 79,317,104 | 91,664,375 | 91,477,290 | 75,909,467 | 141,037,773 | - | - | - |
| % Revenue Growth (YoY) | - | 7.1% | 11.2% | 15.6% | (0.2%) | (17.0%) | 85.8% | - | - | - |
| EBITDA (USD) | 6,433,815 | 14,260,169 | 12,753,568 | 14,554,317 | 15,049,397 | 16,087,281 | 8,518,573 | - | - | - |
| Operating Income (USD) | (3,939,059) | 4,092,381 | 2,586,022 | 4,399,557 | 4,282,851 | 5,025,254 | (2,500,077) | - | - | - |
| Operating Margin | (5.9%) | 5.7% | 3.3% | 4.8% | 4.7% | 6.6% | (1.8%) | - | - | - |
| % EBITDA Margin | 9.7% | 20.0% | 16.1% | 15.9% | 16.5% | 21.2% | 6.0% | - | - | - |
| NET Income (USD) | (14,088,855) | (120,862) | 8,208,122 | (7,030,254) | 3,966,573 | 11,619,425 | 14,754,192 | - | - | - |
| % Net Margin | (21.1%) | (0.2%) | 10.3% | (7.7%) | 4.3% | 15.3% | 10.5% | - | - | - |
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.