KVALVAAG VANN OG KRAFT AS
Organization
- CEO
- ØK
Øystein Kvalvaag1963
- Chairman of the board
- ØK
Øystein Kvalvaag1963
- Years since formation
- 17 years
- since Feb 26, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 2,200
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 555,818
- NOK
- Annual total result 2024
- -76,694
- NOK
- Total equity 2024
- -380,332
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ØK 1963 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
ØK 1963 | Chairman | 100 % directly |
| Board Member | - | |
LK 1936 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ØK 1963 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ØK 1963 | Ordinary shares | 2,200 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 555,818 | 792,013 | 130,877 | 305,207 |
Annual Total Result | -76,694 | -9,931 | -175,390 | -123,149 |
Total assets | 6,035,818 | 6,285,535 | 5,984,921 | 6,119,878 |
Total liabilities | 6,416,150 | 6,589,173 | 6,278,628 | 6,888,195 |
Total equity | -380,332 | -303,638 | -293,707 | -768,317 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 555,818 | 792,013 | 130,877 | 305,207 |
Total operating costs | 416,374 | 488,069 | 300,960 | 348,410 |
Operating result | 139,444 | 303,944 | -170,083 | -43,203 |
Financial income/costs | -216,138 | -313,875 | -5,307 | -79,946 |
Profit before tax | -76,694 | -9,931 | -175,390 | -123,149 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -76,694 | -9,931 | -175,390 | -123,149 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 5,736,749 | 6,022,991 | 5,740,139 | 6,006,228 |
Total current assets | 299,069 | 262,544 | 244,782 | 113,650 |
Total assets | 6,035,818 | 6,285,535 | 5,984,921 | 6,119,878 |
Short term debt | -82,727 | 62,583 | 42,405 | 7,500 |
Long term debt | 6,498,877 | 6,526,590 | 6,236,223 | 6,880,695 |
Total liabilities | 6,416,150 | 6,589,173 | 6,278,628 | 6,888,195 |
Contributed capital | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 |
Retained earnings | -2,580,332 | -2,503,638 | -2,493,707 | -2,968,317 |
Total equity | -380,332 | -303,638 | -293,707 | -768,317 |
Total equity and liabilities | 6,035,818 | 6,285,535 | 5,984,921 | 6,119,878 |
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