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YVE

Norwegian energy group running four local electricity suppliers that serve customers across Norway

Narvik, NorwayFounded 2021yve.noWebsite technologies

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Highlights

  • New on EvolcAdded 2026-10-28

About YVE

Yve is an energy group in Norway. Its subsidiaries Polar Kraft, Kraftriket, Smart Energi and Ustekveikja Energi are electricity suppliers, and the group develops shared solutions for them across Norway.

Each subsidiary sells electricity to its own customers. Polar Kraft is a national supplier with a presence in Northern Norway, Smart Energi has roots in Fredrikstad and focuses on simple electricity agreements, and Ustekveikja Energi has roots in Hallingdal. The group's customer service unit, Kundefront, reports an average satisfaction score of 4.8 out of 5 among nearly 13,000 respondents. The Idrettsstrøm electricity concept has raised over 1.6 million NOK for Aktiv mot kreft, which funds training programmes for cancer patients at Norwegian hospitals.

The parent company, YVE AS, is registered in Narvik and was founded in 2021. The group reports EBITDA of 114 million NOK and paid 59 million NOK in dividends to its owners.

Product: Retail electricity supply through four local suppliers, plus shared technology, competence and development for them.

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