KVITNES DRIFT AS
Organization
- Chairman of the board
- HE
Halvar Ellingsen1986
- Years since formation
- 8 years
- since Dec 15, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 48
Ownership
- Number of shares and share classes
- 50
- 1 share class
- Total number of shareholders
- 4
- 2 companies, 2 persons
- Belongs to group of
Financials
- Total operating income 2024
- 18,699,904
- NOK
- Annual total result 2024
- -244,151
- NOK
- Total equity 2024
- 4,461,224
- NOK
Last update: Sep 4, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
RØ | Contact Person | 12 % indirectly |
HE 1986 | Chairman | 40 % directly |
HM 1953 | Board Member | 26 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HE 1986 | Chairman | 40 % directly |
HM 1953 | Board Member | 26 % indirectly |
RØ | Contact Person | 12 % indirectly |
RM 1982 | - | 12 % indirectly |
CT | - | 10 % directly |
Last update: May 23, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
HE 1986 | Ordinary shares | 20 | 40 % |
| Ordinary shares | 13 | 26 % | |
| Ordinary shares | 12 | 24 % | |
CT | Ordinary shares | 5 | 10 % |
Shares owned by the KVITNES DRIFT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 18,699,904Operating profit 2024: NOK -338,574Employees: 48
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 18,699,904 | 15,787,659 | 16,505,564 | 15,818,604 |
Annual Total Result | -244,151 | 1,275,849 | -512,088 | 475,062 |
Total assets | 7,245,712 | 7,641,243 | 7,073,595 | 7,812,350 |
Total liabilities | 2,784,489 | 6,134,213 | 6,842,414 | 7,669,081 |
Total equity | 4,461,224 | 1,507,030 | 231,181 | 143,269 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 18,699,904 | 15,787,659 | 16,505,564 | 15,818,604 |
Total operating costs | 19,038,478 | 14,192,445 | 17,026,491 | 15,200,109 |
Operating result | -338,574 | 1,595,214 | -520,927 | 618,495 |
Financial income/costs | -13,396 | -17,607 | -107,391 | -2,085 |
Profit before tax | -351,970 | 1,577,607 | -628,318 | 616,410 |
Total tax & extraordinary income/cost | -107,819 | 301,758 | -116,230 | 141,348 |
Annual Total Result | -244,151 | 1,275,849 | -512,088 | 475,062 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 3,484,587 | 3,757,047 | 3,894,269 | 3,775,915 |
Total current assets | 3,761,125 | 3,884,196 | 3,179,326 | 4,036,435 |
Total assets | 7,245,712 | 7,641,243 | 7,073,595 | 7,812,350 |
Short term debt | 2,766,341 | 2,809,901 | 3,644,069 | 4,470,736 |
Long term debt | 18,148 | 3,324,312 | 3,198,345 | 3,198,345 |
Total liabilities | 2,784,489 | 6,134,213 | 6,842,414 | 7,669,081 |
Contributed capital | 3,928,345 | 730,000 | 730,000 | 130,000 |
Retained earnings | 532,879 | 777,030 | -498,819 | 13,269 |
Total equity | 4,461,224 | 1,507,030 | 231,181 | 143,269 |
Total equity and liabilities | 7,245,713 | 7,641,243 | 7,073,595 | 7,812,350 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises