Statkraft

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 Ratings4.5

Latest Updates

Employees (est.) (May 2022)3,162
Revenue (FY, 2020)KR33.9 B(-22%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

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
Show more

Statkraft Office Locations

Statkraft has offices in Oslo, Narvik, San Francisco, Las Condes and in 15 other locations
Oslo, NO (HQ)
Lilleakerveien 6
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
Cork, IE
Building 4200, Cork Airport Business Park,, Cork Airport, Rathmacullig East
Show all (22)

Statkraft Financials and Metrics

Summary Metrics

Founding Date

1895
Show all financial metrics

Statkraft Revenue

Embed Graph
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
Show all financial metrics

Statkraft Revenue Breakdown

Embed Graph

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

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

Embed Graph

Statkraft News and Updates

Statkraft signs EUR 1.3 billion sustainability-linked revolving credit facility

Statkraft has signed a EUR 1.3 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility replaces Statkraft’s existing syndicated revolving credit facility of NOK 9.2 billion which was signed in June 2016.

Statkraft to supply WACKER’s silicon metal production in Norway with green electricity from Svean hydropower plant

(Oslo/Holla, March 24 2022) Norwegian power producer Statkraft and German chemical company WACKER have signed agreements to secure that around 40 per cent of the electricity needs at the silicon metal production site at Holla in Norway will be met by green electricity from hydropower in the future.

Statkraft expands Nordic Origination activities with office in Finland

(Oslo/Espoo, March 3, 2022) Today, Statkraft opens its office in Espoo, Finland. The office will focus on origination activities, providing upstream and downstream power purchase agreements (PPAs) towards industrial companies and wind power developers, investors, and operators.

Statkraft AS: Result for the fourth quarter and the year 2021

Strong result in an extraordinary market

Statkraft AS: Release of fourth quarter results 2021 and annual report for 2021

Statkraft discloses fourth quarter results 2021 and the annual report for 2021 on Thursday 17 February 2021 at 08:00 a.m. CET.

Statkraft to start construction of 80 MW wind power project in Brazil

(Florianopolis/Oslo, 14 January 2022) Statkraft is ready to start construction of its Morro do Cruzeiro wind project in northeastern Brazil, after closing a turbine supply contract with German wind turbine manufacturer Nordex.Morro do Cruzeiro is a greenfield wind project, developed by Statkraft in …
Show more

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 3,162 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 kr10.7 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 15 other locations.

  • How many offices does Statkraft have?

    Statkraft has 22 offices.