HVALBORG AS
Organization
- CEO
- KE
Knut Eivind Borg1974
- Chairman of the board
- KE
Knut Eivind Borg1974
- Years since formation
- 7 years
- since Jun 15, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 552,000
- NOK
- Annual total result 2024
- 1,101,938
- NOK
- Total equity 2024
- 3,487,265
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KE 1974 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KE 1974 | Chairman | 50 % directly |
| Board Member | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Board Member | 50 % directly | |
KE 1974 | Managing Director/CEO, Chairman | 50 % directly |
Last update: Mar 26, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KE 1974 | Ordinary shares | 15,000 | 50 % |
| Ordinary shares | 15,000 | 50 % |
Shares owned by the HVALBORG AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 663 | 8.29 % | |
| Ordinary shares | 7,856 | 7.86 % | |
| Ordinary shares | 799 | 7.2 % | |
| Ordinary shares | 500 | 6.76 % | |
| Ordinary shares | 6,257 | 6.26 % | |
| Ordinary shares | 4,697 | 4.7 % | |
| Ordinary shares | 60 | 4.29 % | |
| Ordinary shares | 4,493 | 3.37 % | |
| Ordinary shares | 5,102 | 1.43 % | |
| Ordinary shares | 91,062 | 0.12 % | |
| A-shares | 3,987 | 0.07 % | |
| Ordinary shares | 7,755 | 0.06 % | |
| Ordinary shares | 91 | 0.03 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 552,000 | 240,000 | 110,640 | 67,940 |
Annual Total Result | 1,101,938 | 890,822 | 453,599 | 619,802 |
Total assets | 3,554,140 | 2,978,876 | 2,245,044 | 1,609,716 |
Total liabilities | 66,875 | 47,549 | 204,538 | 22,954 |
Total equity | 3,487,265 | 2,931,327 | 2,040,505 | 1,586,762 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 552,000 | 240,000 | 110,640 | 67,940 |
Total operating costs | 388,237 | 64,697 | 182,261 | 2,030 |
Operating result | 163,763 | 175,303 | -71,621 | 65,910 |
Financial income/costs | 982,562 | 753,209 | 525,220 | 571,134 |
Profit before tax | 1,146,325 | 928,512 | 453,599 | 637,044 |
Total tax & extraordinary income/cost | 44,387 | 37,690 | 0 | 17,242 |
Annual Total Result | 1,101,938 | 890,822 | 453,599 | 619,802 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,866,588 | 1,465,057 | 1,190,923 | 915,951 |
Total current assets | 687,552 | 1,513,820 | 1,054,121 | 693,765 |
Total assets | 3,554,140 | 2,978,876 | 2,245,044 | 1,609,716 |
Short term debt | 66,875 | 47,549 | 4,429 | 22,954 |
Long term debt | 0 | 0 | 200,109 | 0 |
Total liabilities | 66,875 | 47,549 | 204,538 | 22,954 |
Contributed capital | 30,000 | 30,000 | 2,040,505 | 1,586,762 |
Retained earnings | 3,457,265 | 2,901,327 | 0 | 0 |
Total equity | 3,487,265 | 2,931,327 | 2,040,505 | 1,586,762 |
Total equity and liabilities | 3,554,140 | 2,978,876 | 2,245,043 | 1,609,716 |
Classification
Type of organization
Limited company