HydrogenPro was founded in 2013 by individuals with background from the electrolysis industry which was established in Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering team of leading industry experts, drawing upon unparalleled experience and expertise in the hydrogen and renewable energy industry.
HydrogenPro designs and supplies large scale hydrogen production plants in cooperation with global partners and suppliers, all ISO 9001, ISO 45001 and ISO 14001 certified.
2013
Served areaWorldwide
HeadquartersHydrovegen 6, 3933 Porsgrunn – Norway
Line item in (nok) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|
Assets | N/A | 528,088,000.00 | 573,164,000.00 |
Noncurrent Assets | N/A | 124,889,000.00 | 194,453,000.00 |
Property Plant And Equipment | N/A | 22,637,000.00 | 55,537,000.00 |
Intangible Assets Other Than Goodwill | N/A | 48,970,000.00 | 64,415,000.00 |
Other Noncurrent Receivables | N/A | 22,874,000.00 | 4,820,000.00 |
Current Tax Assets Noncurrent | N/A | 975,000.00 | 0.00 |
Current Assets | N/A | 403,199,000.00 | 378,711,000.00 |
Inventories | N/A | 308,000.00 | 35,762,000.00 |
Current Trade Receivables | N/A | 13,042,000.00 | 38,413,000.00 |
Other Current Receivables | N/A | 7,594,000.00 | 47,514,000.00 |
Cash and cash equivalents | 506,111,000.00 | 382,255,000.00 | 257,022,000.00 |
Equity And Liabilities | N/A | 528,088,000.00 | 573,164,000.00 |
Equity | N/A | 511,254,000.00 | 437,818,000.00 |
Issued Capital | N/A | 58,000.00 | 1,161,000.00 |
Retained Earnings | N/A | -92,081,000.00 | -176,919,000.00 |
Share Premium | N/A | 576,141,000.00 | 575,039,000.00 |
Additional Paidin Capital | N/A | 26,800,000.00 | 34,162,000.00 |
Equity Attributable To Owners Of Parent | N/A | 511,254,000.00 | 432,855,000.00 |
Noncontrolling Interests | N/A | N/A | 4,963,000.00 |
Liabilities | N/A | 16,833,000.00 | 135,346,000.00 |
Noncurrent Liabilities | N/A | 1,365,000.00 | 11,332,000.00 |
Current Liabilities | N/A | 15,469,000.00 | 124,014,000.00 |
Trade And Other Current Payables To Trade Suppliers | N/A | 3,290,000.00 | 20,578,000.00 |
Current Payables On Social Security And Taxes Other Than Income Tax | N/A | 5,244,000.00 | 10,797,000.00 |
Other Current Liabilities | N/A | 5,325,000.00 | 87,515,000.00 |
Line item in (nok) | 01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|
Revenue | 20,036,000.00 | 56,414,000.00 |
Revenue From Contracts With Customers | 20,036,000.00 | 56,414,000.00 |
Cost Of Merchandise Sold | 11,632,000.00 | 44,372,000.00 |
Employee Benefits Expense | 32,878,000.00 | 62,768,000.00 |
Depreciation And Amortisation Expense | 5,215,000.00 | 13,990,000.00 |
Other Expense By Nature | 30,772,000.00 | 54,526,000.00 |
Profit Loss From Operating Activities | -60,461,000.00 | -119,242,000.00 |
Finance Income | 4,374,000.00 | 17,874,000.00 |
Finance Costs | 1,321,000.00 | 11,016,000.00 |
Profit Loss Before Tax | -57,408,000.00 | -89,899,000.00 |
Income Tax Expense Continuing Operations | 975,000.00 | 80,000.00 |
Profit (loss) | -56,433,000.00 | -89,819,000.00 |
Profit Loss Attributable To Owners Of Parent | -56,433,000.00 | -84,888,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 0.00 | -4,931,000.00 |
Line item in (nok) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|
Profit (loss) | N/A | -56,433,000.00 | -89,819,000.00 |
Adjustments For Decrease Increase In Inventories | N/A | 0.00 | -35,455,000.00 |
Adjustments For Increase Decrease In Trade Account Payable | N/A | -3,894,000.00 | 17,222,000.00 |
Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 337,000.00 | -183,000.00 |
Adjustments For Sharebased Payments | N/A | 18,533,000.00 | 8,592,000.00 |
Adjustments For Fair Value Gains Losses | N/A | 0.00 | -22,485,000.00 |
Cash Flows From Used In Operating Activities | N/A | -47,464,000.00 | -69,359,000.00 |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 17,934,000.00 | 32,454,000.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 20,793,000.00 | 14,701,000.00 |
Purchase Of Intangible Assets Classified As Investing Activities | N/A | 8,079,000.00 | 0.00 |
Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | -31,244,000.00 | -4,716,000.00 |
Cash Flows From Used In Investing Activities | N/A | -78,050,000.00 | -51,871,000.00 |
Proceeds From Issuing Shares | N/A | 1,812,000.00 | 0.00 |
Repayments Of Borrowings Classified As Financing Activities | N/A | 0.00 | -1,172,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 154,000.00 | 5,175,000.00 |
Cash Flows From Used In Financing Activities | N/A | 1,658,000.00 | -4,003,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -123,856,000.00 | -125,233,000.00 |
Cash and cash equivalents | 506,111,000.00 | 382,255,000.00 | 257,022,000.00 |
Please note that some sums might not add up.
NO0010892359
LEI549300EW945NUS7PK214
SectorIndependent Power and Renewable Electricity Producers
Sub-IndustryIndependent Power Producers & Energy Traders
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