OverviewSuggest Edit

Statkraft is a renewable energy producer. It specializes in developing, building, and operating hydro, wind, solar, gas, and biomass assets.
TypePrivate
Founded1895
HQOslo, NO
Websitestatkraft.com
Employee Ratings4.4

Latest Updates

Employees (est.) (Jun 2021)2,848(+4%)
Revenue (FY, 2020)KR33.9 B(-22%)
Cybersecurity ratingBMore

Key People/Management at Statkraft

Christian Rynning-Tønnesen

Christian Rynning-Tønnesen

President and CEO
Anne Joeken

Anne Joeken

Vice President Communications
Hilde Bakken

Hilde Bakken

Executive Vice President Production
Torbjørn Steen

Torbjørn Steen

Vice President Communications
Birgitte Ringstad

Birgitte Ringstad

Executive Vice President European Wind and Solar
Hallvard Granheim

Hallvard Granheim

Executive Vice President Markets and IT
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Statkraft Office Locations

Statkraft has offices in Oslo, Narvik, San Francisco, Las Condes and in 13 other locations
Oslo, NO (HQ)
Lilleakerveien 6
Narvik, NO
Stasjonsveien 60, 8502
Las Condes, CL
Av Vitacura 2969
Lyon, FR
80 Quai Charles de Gaulle
Düsseldorf, DE
Derendorfer Allee 2a
New Delhi, IN
Select City Walk, Saket District Centre, District Centre, Sector 6, Pushp Vihar
Show all (19)

Statkraft Financials and Metrics

Summary Metrics

Founding Date

1895
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Statkraft Revenue

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View revenue for all periods
Statkraft's revenue was reported to be kr33.88 b in FY, 2020 which is a 22% decrease from the previous period.
NOK

Revenue (FY, 2020)

33.9b

Revenue growth (FY, 2019 - FY, 2020), %

(22%)

Gross profit (FY, 2020)

16.8b

Gross profit margin (FY, 2020), %

49.5%

Net income (FY, 2020)

3.5b

EBIT (FY, 2020)

5.7b

Cash (31-Dec-2020)

11.2b
NOKFY, 2018FY, 2019FY, 2020

Revenue

55.4b43.5b33.9b

Revenue growth, %

(21%)(22%)

Cost of goods sold

28.6b18.5b17.1b

Gross profit

26.7b24.9b16.8b
NOKFY, 2018FY, 2019FY, 2020

Cash

23.2b15.2b11.2b

Accounts Receivable

7.4b8.0b7.3b

Inventories

6.3b4.5b6.4b

Current Assets

52.0b43.2b36.2b
NOKFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

3.7b3.7b5.4b

Cash From Operating Activities

15.3b12.0b12.0b

Purchases of PP&E

(4.7b)(5.8b)(7.5b)

Cash From Investing Activities

5.3b(4.8b)(7.6b)
NOKFY, 2018

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Statkraft Revenue Breakdown

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Statkraft revenue breakdown by business segment: 5.8% from Industrial ownership, 40.6% from European flexible generation, 40.9% from Market operations, 8.3% from International power and 4.4% from Other

Statkraft revenue breakdown by geographic segment: 42.9% from Norway, 29.8% from Germany, 6.8% from Sweden, 9.8% from UK and 10.7% from Other

Statkraft Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Statkraft Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Statkraft Online and Social Media Presence

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Statkraft News and Updates

bp, Aker and Statkraft join forces for offshore wind in the Norwegian North Sea

(OSLO, 14 June 2021) bp today agreed to join Statkraft and Aker Offshore Wind in a consortium bidding to develop offshore wind energy in Norway. 

Statkraft AS: Result for the first quarter

Record-high operating result

Statkraft AS: Release of first quarter results 2021

Statkraft discloses first quarter results 2021 on Thursday 6 May 2021 at 08:00 a.m. CEST.

Statkraft to build its first wind farms in the world’s southernmost country Chile

(Santiago/Oslo, 12 April, 2021) Statkraft, Europe’s largest renewable energy generator, will build its first wind farms in Chile, expanding its renewable energy generation capacity in the South American country amid an increasing demand for hydro, wind and solar power in the southernmost nation in t…

REEF: Green Deal catalysts for rapid change

Statkraft CEO and The Roundtable for Europe’s Energy Future (REEF) affirmed support for the European Green Deal during a meeting with Executive Vice-President for the European Green Deal Frans Timmermans this week.

Largest battery energy storage projects in Northern Ireland

Statkraft will provide market-access and optimisation services for 100 megawatt (MW)of battery energy storage projects in Northern Ireland on behalf of Gore Street Energy Storage Fund and asset management company, Low Carbon.
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Statkraft Frequently Asked Questions

  • When was Statkraft founded?

    Statkraft was founded in 1895.

  • Who are Statkraft key executives?

    Statkraft's key executives are Christian Rynning-Tønnesen, Anne Joeken and Hilde Bakken.

  • How many employees does Statkraft have?

    Statkraft has 2,848 employees.

  • What is Statkraft revenue?

    Latest Statkraft annual revenue is kr33.9 b.

  • What is Statkraft revenue per employee?

    Latest Statkraft revenue per employee is kr11.9 m.

  • Who are Statkraft competitors?

    Competitors of Statkraft include China Yangtze Power, Scatec and Vattenfall.

  • Where is Statkraft headquarters?

    Statkraft headquarters is located at Lilleakerveien 6, Oslo.

  • Where are Statkraft offices?

    Statkraft has offices in Oslo, Narvik, San Francisco, Las Condes and in 13 other locations.

  • How many offices does Statkraft have?

    Statkraft has 19 offices.