KVAAL INVEST AS • 989108433 • Trondheim

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KVAAL INVEST AS

Organization

CEO: ØK
Øystein Kvaal Østerbø1981
Chairman of the board: GØ
Gunnar Østerbø1939
Years since formation: 19 years; since Feb 1, 2006
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 2 share classes
Total number of shareholders: 3; persons

Financials

Total operating income 2024: 9,623,136; NOK
Annual total result 2024: 8,692,250; NOK
Total equity 2024: 26,396,084; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
ØK Øystein Kvaal Østerbø 1981	Managing Director/CEO	80 % directly

Board

Name	Role	Shares
GØ Gunnar Østerbø 1939	Chairman	10 % directly
TK Torid Kvaal 1942	Board Member	10 % directly
ØK Øystein Kvaal Østerbø 1981	Board Member	80 % directly

Top 10 individual shareholders

Name	Role	Shares
ØK Øystein Kvaal Østerbø 1981	Managing Director/CEO, Board Member	80 % directly
GØ Gunnar Østerbø 1939	Chairman	10 % directly
TK Torid Kvaal 1942	Board Member	10 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
ØK Øystein Kvaal Østerbø 1981	Class B shares	800	80 %
GØ Gunnar Østerbø 1939	A-shares	100	10 %
TK Torid Kvaal 1942	Class B shares	100	10 %

Shares owned by the KVAAL INVEST AS

Name	Share class	Total number of shares	Share
E ELECTROMAGNETIC GEOSERVICES ASA	NO0010358484	200,000	0.15 %
T TREASURE ASA	NO0010763550	204,494	0.1 %
S STRONGPOINT ASA	NO0010098247	15,000	0.03 %
N NBNP 2 AS	NO0010661028	829	0.03 %
M MORELD ASA	NO0013325506	39,000	0.02 %
O Olav Thon Eiendomsselskap ASA	NO0005638858	2,200	< 0.01 %
S STOREBRAND ASA	NO0003053605	4,000	< 0.01 %
R REACH SUBSEA ASA	NO0003117202	4,000	< 0.01 %
V VÅR ENERGI ASA	NO0011202772	27,000	< 0.01 %
O ODFJELL SE	NO0003399917	1,000	< 0.01 %
D DOF GROUP ASA	NO0012851874	5,000	< 0.01 %
N NORDIC SEMICONDUCTOR ASA	NO0003055501	4,000	< 0.01 %
M MOWI ASA	NO0003054108	2,500	< 0.01 %
E EIDESVIK OFFSHORE ASA	NO0010263023	10,030	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	1,500	< 0.01 %
L LIONERO AS	NO0010298318	14,000	< 0.01 %
S SCATEC ASA	NO0010715139	5,000	< 0.01 %
B B2 IMPACT ASA	NO0010633951	40,000	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	NO0010582521	2,500	< 0.01 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	9,623,136	0	23,016	0
Annual Total Result	8,692,250	3,588,852	457,479	1,386,248
Total assets	26,811,084	18,636,256	19,179,502	19,841,331
Total liabilities	415,000	332,422	4,464,519	5,583,827
Total equity	26,396,084	18,303,834	14,714,982	14,257,504

P&L

Year	2024	2023	2022	2021
Total operating income	9,623,136	0	23,016	0
Total operating costs	1,043,297	520,083	404,558	298,305
Operating result	8,579,839	-520,083	-381,542	-298,305
Financial income/costs	112,411	4,108,935	839,021	1,684,553
Profit before tax	8,692,250	3,588,852	457,479	1,386,248
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	8,692,250	3,588,852	457,479	1,386,248

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	0	0	0	0
Total current assets	26,811,084	18,636,256	19,179,502	19,841,331
Total assets	26,811,084	18,636,256	19,179,502	19,841,331
Short term debt	415,000	332,422	4,464,519	5,583,827
Long term debt	0	0	0	0
Total liabilities	415,000	332,422	4,464,519	5,583,827
Contributed capital	1,000,000	1,000,000	1,000,000	1,000,000
Retained earnings	25,396,084	17,303,834	13,714,982	13,257,504
Total equity	26,396,084	18,303,834	14,714,982	14,257,504
Total equity and liabilities	26,811,084	18,636,256	19,179,501	19,841,331

Classification

Type of organization

Limited company