KVIKNE'S HOTEL AS • 976377370 • Balestrand • Accommodation

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Hotel and catering

/ Accommodation

KVIKNE'S HOTEL AS

Keywords

hotelmotel

Organization

CEO: SK
Sigurd Kvikne1960
Chairman of the board: RA
Rasmus Asle Sandnes1960
Years since formation: 29 years; since May 10, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 32

Ownership

Number of shares and share classes: 168; 1 share class
Total number of shareholders: 5; persons

Financials

Total operating income 2023: 55,836,706; NOK
Annual total result 2023: 258,786; NOK
Total equity 2023: 13,465,631; NOK

Last update: Jan 21, 2025

Management

Management / administration

Name	Role	Shares
SK Sigurd Kvikne 1960	Managing Director/CEO	25 % directly

Board

Name	Role	Shares
KK Kari Kvikne 1967	Board Member	25 % directly
SK Sigurd Kvikne 1960	Board Member	25 % directly
MK Marta Kvikne 1963	Board Member	25 % directly
RA Rasmus Asle Sandnes 1960	Chairman	-
BH Børre Henning Pedersen Berglund 1959	Board Member	-

Others

Name	Role	Shares
B BLOM & FOSSAN AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SK Sigurd Kvikne 1960	Managing Director/CEO, Board Member	25 % directly
MK Marta Kvikne 1963	Board Member	25 % directly
KK Kari Kvikne 1967	Board Member	25 % directly
MK Margny Kvikne 1938	-	19.05 % directly
UM Unni Marie Kvikne 1961	-	5.95 % directly

Last update: Jan 21, 2025

Ownership

Company shareholders

Name	Share class	Number of shares	Share
KK Kari Kvikne 1967	Ordinary shares	42	25 %
MK Marta Kvikne 1963	Ordinary shares	42	25 %
SK Sigurd Kvikne 1960	Ordinary shares	42	25 %
MK Margny Kvikne 1938	Ordinary shares	32	19.05 %
UM Unni Marie Kvikne 1961	Ordinary shares	10	5.95 %

Shares owned by the KVIKNE'S HOTEL AS

Name	Share class	Number of shares	Share
B BALHOLM INVEST AS	Ordinary shares	15	20 %
B BALESTRAND ADVENTURE AS	Ordinary shares	52,500	13.91 %
K KUNSTBYGDA BALESTRAND AS	Ordinary shares	10	8.2 %
D DE HISTORISKE AS	Ordinary shares	2,964	2.43 %
V VISIT SOGNEFJORD AS	Ordinary shares	30	1.4 %
F FJORD NORGE AS	Ordinary shares	1	0.12 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	55,836,706	47,055,789	31,184,182
Annual Total Result	258,786	-1,796,809	-133,660
Total assets	75,378,739	73,999,064	79,239,222
Total liabilities	61,913,109	60,792,219	64,235,568
Total equity	13,465,631	13,206,845	15,003,654

P&L

Year	2023	2022	2021
Total operating income	55,836,706	47,055,789	31,184,182
Total operating costs	52,809,690	47,265,832	29,888,836
Operating result	3,027,017	-210,043	1,295,347
Financial income/costs	-2,666,086	-2,074,265	-1,447,851
Profit before tax	360,931	-2,284,308	-152,505
Total tax & extraordinary income/cost	102,145	-487,499	-18,845
Annual Total Result	258,786	-1,796,809	-133,660

Balance overview

Year	2023	2022	2021
Total fixed assets	68,375,717	70,105,971	72,705,039
Total current assets	7,003,023	3,893,093	6,534,183
Total assets	75,378,739	73,999,064	79,239,222
Short term debt	5,526,832	4,296,122	7,729,137
Long term debt	56,386,277	56,496,097	56,506,431
Total liabilities	61,913,109	60,792,219	64,235,568
Contributed capital	346,219	346,219	346,219
Retained earnings	13,119,411	12,860,625	14,657,434
Total equity	13,465,631	13,206,845	15,003,654
Total equity and liabilities	75,378,739	73,999,064	79,239,222

Classification

Category

Hotel and catering

/ Accommodation

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

I

Main industrial area

Accommodation and food service activities

55

Activity

Accommodation

55.1

Main industrial group

Hotels and similar accommodation

55.10

Industrial group

Hotels and similar accommodation

55.101

Industrial group

Hotels and motels with restaurant