ymber

What ymber does

Ymber AS is a Norwegian hydroelectric power company headquartered in Sørkjosen, Troms, operating as the parent of the Ymberkonsernet group. Founded in 1949 as Nord-Troms Kraftlag A/S — the first power company in the Troms and Finnmark region — Ymber generates and distributes renewable electricity from owned hydroelectric power plants in Northern Norway. Through acquisitions of stakes in Kvænangen Kraftverk AS and investments in Finnmark Kraft AS, the group expanded its share of annual power production from a historical 56 GWh to 365 GWh, equivalent to supply for approximately 18,000 households.

The company is organized as a private limited company (aksjeselskap) under municipal-industrial ownership, with founding municipalities Kåfjord, Nordreisa, and Skjervøy later joined by Kautokeino, Kvænangen, and Loppa as co-owners. Beyond generation, Ymber owns and operates the local distribution grid and runs a portfolio of wholly-owned subsidiaries: Vissi AS and 3net AS (electricity retail services), Ymber Fiber AS (fiber optic infrastructure), and Ymber Produksjon AS (power production operations). The group monetizes power primarily through wholesale production sales and regulated grid distribution to residential customers, with cross-selling of fiber and telecom services through its subsidiary brands. No public revenue, employee headcount, or pricing figures are disclosed on the company website.

Name

ymber

Legal name

Ymber AS

Website

https://ymber.no

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

11–50 employees

Short description

Ymber AS is a Norwegian hydroelectric power company founded in 1949 that produces 365 GWh of renewable electricity annually and distributes power to approximately 18,000 residential households across the Troms and Finnmark region of Northern Norway, via subsidiaries Vissi, 3net, Ymber Fiber, and Ymber Produksjon.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Hydroelectric Power Generation (221111), Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

akta.pro secondary industry

Rural Broadband & Cooperative Fiber Operators (HDAIACAG)

Keywords

• Hydroelectric power generation
• Electricity distribution
• Renewable energy utility
• Fiber optic services
• Regional power utility

Headquarters

HQ city

Sørkjosen

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Electricity Production and Sales: Ymber generates revenue through hydroelectric power production and subsequent electricity sales to residential and potentially commercial customers in northern Norway.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ymber is a Norwegian regional hydroelectric power utility that generates renewable electricity from its own hydroelectric power plants and distributes it directly to residential households in northern Norway. The Ymber Group includes the parent company and subsidiaries (Vissi, 3net, Ymber Fiber, and Ymber Produksjon), collectively producing approximately 365 GWh of renewable energy annually, equivalent to supply for 18,000 households. The company also provides fiber optic telecommunications services through its Ymber Fiber subsidiary.

Product overview

Ymber is a Norwegian hydroelectric power company group consisting of the parent company Ymber and five subsidiaries: Vissi, 3net, Ymber Fiber, and Ymber Produksjon. The group focuses on sustainable local power production, generating approximately 365 GWh of renewable hydroelectric energy annually, sufficient to power 18,000 households. Founded in 1949, Ymber operates as a regional utility serving customers in Troms and Finnmark through its subsidiary brands while the parent company manages overall operations and strategy.

Differentiator

Problem solved

Functional benefit

Products and services

• Ymber Electricity Supply Residential electricity supply service providing renewable hydroelectric power to households in northern Norway through owned grid infrastructure, equivalent to supply for 18,000 households at 365 GWh annual production.
• Vissi Electricity Services Separate electricity services brand under the Ymber Group providing electricity offerings to customers in the Norwegian market.
• 3net Electricity Services Separate electricity services brand under the Ymber Group providing electricity offerings to customers in the Norwegian market.
• Ymber Fiber Services Fiber optic telecommunications services provided by the Ymber Fiber subsidiary, leveraging regional infrastructure for broadband connectivity in northern Norway.

Quantifiable outcome

• 365 GWh annual production capacity

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered significant.

• Kvænangen Kraftverk ASsignificantOthersYmber acquired a stake in Kvænangen Kraftverk AS as part of expansion strategy to increase power production capacity from 56 GWh to 365 GWh annually.
• Finnmark Kraft ASsignificantOthersYmber invested in Finnmark Kraft AS as part of regional expansion strategy to increase electricity generation capacity.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Skagerak Energi: Norwegian regional utility with hydropower generation, grid operations, and telecom exposure. Directly comparable as a Norwegian municipally-owned multi-subsidiary utility.
• Lyse Energi: Norwegian municipal-owned energy and telecom group with hydroelectric generation, grid operations, and fiber broadband (Altibox). Operates a similar diversified municipal utility + fiber model to Ymber.
• Helgeland Kraft: Regional Norwegian utility serving the Helgeland region with hydropower generation and grid operations. Similar municipal ownership and northern-Norway operating context to Ymber.
• Nordkraft: Norwegian regional utility operating in Northern Norway with hydroelectric generation and grid services. Directly comparable geography and small-scale municipal utility profile.
• BKK AS: Regional Norwegian utility serving western Norway with power generation, distribution, and broadband. Closely comparable vertically-integrated municipal utility model with energy and fiber subsidiaries.
• Eidsiva Energi: Norwegian regional energy group with hydropower, grid, and fiber/telecom (Eidsiva Bredbånd). Closely parallels Ymber's multi-subsidiary structure combining power and broadband.
• Agder Energi: Vertically integrated Norwegian power producer and distributor owned by southern Norwegian municipalities. Same generation-distribution-retail structure as Ymber.
• TrønderEnergi: Mid-sized Norwegian regional utility with hydropower generation and electricity distribution. Comparable in scale and municipal ownership structure to Ymber.
• Kvænangen Kraftverk AS: Small Norwegian hydroelectric generator in the Kvænangen municipality, recently acquired by Ymber. Direct operational peer and now a subsidiary relationship.

Broad incumbents

• Statkraft: Europe's largest generator of renewable energy and Norway's dominant hydropower producer. Comparable as a hydro-first utility serving the Norwegian market, though vastly larger and state-owned.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ymber

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ymber