KYOTO GROUP AS

Kyoto Group AS - The Norwegian Thermal Battery Company

Kyoto produces a thermal battery, Heatcube, which replaces oil, gas or diesel burners currently on site, and is charged using electricity.

Keywords

electric motorstransformersconnectorscableswires

Organization

CEO: MB
Morten Bülow1972
Chairman of the board: EK
Eivind Kristofer Reiten1953
Years since formation: 8 years; since Apr 11, 2016
Type: Limited company
VAT registered: Yes
Number of employees: 24

Ownership

Number of shares and share classes: 16,610,959; 1 share class
Total number of shareholders: 705; 137 companies, 568 persons

Financials

Total operating income 2023: 561,663; NOK
Annual total result 2023: -90,598,646; NOK
Total equity 2023: 126,261,067; NOK

Last update: Dec 12, 2024

Management

Management / administration

Name	Role	Shares
MB Morten Bülow 1972	Managing Director/CEO	-

Board

Name	Role	Shares
EK Eivind Kristofer Reiten 1953	Chairman	-
TE Thorleif Enger 1943	Board Member	-
HO Hans Olav Kvalvaag 1972	Board Member	-
PV Pål Selboe Valseth 1970	Board Member	-
CJ Christopher Jon Molnar 1975	Board Member	-
OC Oscar Cantalejo Sanchez 1977	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
B BDO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KB Kjetil Langland Bøhn 1970	-	5.48 % indirectly
GE Gunnar Evensen 1962	-	4.92 % indirectly
KK Kristine Klaveness 1976	-	4.49 % indirectly
KH Karianne Klaveness Holmen 1978	-	4.49 % indirectly
LH Lars Helge Helvig 1960	-	4 % indirectly
AE Arne Erik Kristiansen 1958	-	2.22 % indirectly
GE Grunde Eriksen 1973	-	1.19 % indirectly

Last update: Dec 2, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
SP Spirax-Sarco Engineering Plc	NO0010936750	2,489,580	14.99 %
T The Bank Of New York Mellon Sa/Nv	NO0010936750	2,131,066	12.83 %
K KM NEW ENERGY AS	NO0010936750	1,421,786	8.56 %
V VALINOR AS	NO0010936750	1,208,600	7.28 %
K KB MANAGEMENT AS	NO0010936750	900,760	5.42 %
M MØSBU AS	NO0010936750	816,457	4.92 %
A ALTITUDE CAPITAL AS	NO0010936750	800,000	4.82 %
K KONGSBERG INNOVASJON AS	NO0010936750	485,161	2.92 %
C Clearstream Banking S.a.	NO0010936750	387,729	2.33 %
A ASIJU INVEST AS	NO0010936750	369,081	2.22 %
BD Bank Asa Dnb	NO0010936750	360,323	2.17 %
GS Générale Société	NO0010936750	278,457	1.68 %
A AS CLIPPER	NO0010936750	272,285	1.64 %
I INTERTRADE SHIPPING AS	NO0010936750	240,000	1.44 %
S STELLA INDUSTRIER AS	NO0010936750	219,614	1.32 %
O OSLO IDEATION AS	NO0010936750	139,889	0.84 %
BC Bank Spain Sa Caceis	NO0010936750	130,626	0.79 %
SU Switzerland Ag Ubs	NO0010936750	128,224	0.77 %
N NORDNET LIVSFORSIKRING AS	NO0010936750	111,651	0.67 %
BU Bank Pension Plan Us	NO0010936750	99,200	0.6 %
S SKATTUM INVEST AS	NO0010936750	98,571	0.59 %
D DSB HOLDING AS	NO0010936750	98,334	0.59 %
Z ZEINER VEKST AS	NO0010936750	89,371	0.54 %
PB Paribas Bnp	NO0010936750	89,300	0.54 %
B BARBAROSSA HOLDING AS	NO0010936750	87,451	0.53 %
M MUEN INVEST AS	NO0010936750	78,700	0.47 %
S STRØMSØ INVEST AS	NO0010936750	70,000	0.42 %
P PRESERVE CAPITAL AS	NO0010936750	70,000	0.42 %
K KLAVENESS MARINE FINANCE AS	NO0010936750	68,463	0.41 %
S STELLA INVEST AS	NO0010936750	67,050	0.4 %
SC Suisse Ag Dublin Branch Credit	NO0010936750	55,000	0.33 %
P PROFINANS AS	NO0010936750	51,609	0.31 %
F FREMR AS	NO0010936750	50,000	0.3 %
C CURAE INVEST AS	NO0010936750	50,000	0.3 %
T TJUVHOLMEN GRUPPEN AS	NO0010936750	50,000	0.3 %
Ø ØSTEBRØD HOLDING AS	NO0010936750	49,530	0.3 %
HA Hans Anton Berg 1958	NO0010936750	49,145	0.3 %
S SPECTER INVEST AS	NO0010936750	47,500	0.29 %
S STRANDEN INVEST AS	NO0010936750	44,000	0.26 %
S SPAREBANK 1 MARKETS AS	NO0010936750	42,914	0.26 %
J JAHATT AS	NO0010936750	42,499	0.26 %
AS Agnieszka Urszula Sledz 1978	NO0010936750	42,142	0.25 %
Ø ØLBERG INVEST AS	NO0010936750	40,525	0.24 %
BE Bank Sanv Euroclear	NO0010936750	40,093	0.24 %
S SUB SEA SERVICES GROUP AS	NO0010936750	40,000	0.24 %
M MAKRO INVEST AS	NO0010936750	36,825	0.22 %
BN Bank Ab Nordnet	NO0010936750	36,675	0.22 %
R RELEASE & HOLDING AS	NO0010936750	36,497	0.22 %
F FJELLSETH HOLDING AS	NO0010936750	36,000	0.22 %
DM Deniz Michael Aasen 1982	NO0010936750	33,897	0.2 %
KR Kjell Rune Sæther 1984	NO0010936750	33,408	0.2 %
C CERTUS INVEST AS	NO0010936750	33,100	0.2 %
L LIE HOLDING AS	NO0010936750	31,000	0.19 %
H HKG HOLDING AS	NO0010936750	30,951	0.19 %
TH Tim Christoph De Haas 1975	NO0010936750	30,714	0.18 %
T TRULS INVEST AS	NO0010936750	30,000	0.18 %
TH Torstein Halvorsen 1957	NO0010936750	30,000	0.18 %
VH Vigbjørn Halvorsen 1972	NO0010936750	30,000	0.18 %
P PIMA AS	NO0010936750	29,770	0.18 %
HH Henrik Holck-Clausen 1975	NO0010936750	29,285	0.18 %
VT Vegard Tømmernes 1990	NO0010936750	27,000	0.16 %
BB Bjarke Buchbjerg 1989	NO0010936750	26,428	0.16 %
HR Henrik Harto Reisvang 1990	NO0010936750	25,200	0.15 %
BD Bank Aktiengesellschaft Deutsche	NO0010936750	24,989	0.15 %
BD Bank As Danske	NO0010936750	24,577	0.15 %
T THOENG AS	NO0010936750	24,000	0.14 %
CM Christian Printz Moe 1982	NO0010936750	23,987	0.14 %
E ENM HOLDING AS	NO0010936750	23,150	0.14 %
H HELLING HOLDING AS	NO0010936750	22,600	0.14 %
E EKS AS	NO0010936750	22,000	0.13 %
W WELHAVEN AS	NO0010936750	22,000	0.13 %
HR Helge Reisvang 1958	NO0010936750	21,658	0.13 %
M MOLLY MILLIONS AS	NO0010936750	21,281	0.13 %
H HELM STYRBORD AS	NO0010936750	20,000	0.12 %
C CLOUDBASE AS	NO0010936750	20,000	0.12 %
JK Jarl Kvanli 1969	NO0010936750	20,000	0.12 %
KJ Kjell Joralf Røsdal 1949	NO0010936750	20,000	0.12 %
I INGVARDA AS	NO0010936750	20,000	0.12 %
J JANINE AS	NO0010936750	19,810	0.12 %
E EVSIVIAN AS	NO0010936750	18,880	0.11 %
F FUEGO INVEST AS	NO0010936750	18,200	0.11 %
GA Glenn Andre Sundhagen 1973	NO0010936750	18,000	0.11 %
S SCANDINAVIAN HEALTH SYSTEM AS	NO0010936750	17,000	0.1 %
ØR Øyvind Robert Rafto 1957	NO0010936750	16,150	0.1 %
I IB HOLDING AS	NO0010936750	16,150	0.1 %
S STOKNES FUTURES AS	NO0010936750	15,378	0.09 %
G GODTHÅB HOLDING AS	NO0010936750	15,143	0.09 %
CF Christian Fredrik Meyer Lindhagen 1981	NO0010936750	15,050	0.09 %
PA Per Anders Hjelseth 1950	NO0010936750	15,000	0.09 %
N NORDIC TELECOM GROUP AS	NO0010936750	15,000	0.09 %
B BLEKKSPRUT AS	NO0010936750	14,830	0.09 %
F FRIGO HOLDING AS	NO0010936750	14,744	0.09 %
BA Bank Ab Avanza	NO0010936750	13,511	0.08 %
E EK-HOLDING AS	NO0010936750	13,280	0.08 %
P PHAROS INVEST I AS	NO0010936750	13,223	0.08 %
S SLINDEBIRKEN AS	NO0010936750	13,040	0.08 %
L LUND INVEST & CONSULTING AS	NO0010936750	13,000	0.08 %
KB Kristin Langland Bøhn 1974	NO0010936750	13,000	0.08 %
BS Bank As Saxo	NO0010936750	12,432	0.07 %
H HELVIG HOLDING AS	NO0010936750	12,104	0.07 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	561,663	282,401	-1,461,651
Annual Total Result	-90,598,646	-65,699,806	-48,280,749
Total assets	158,630,201	117,372,728	155,086,236
Total liabilities	32,369,134	39,063,275	16,145,754
Total equity	126,261,067	78,309,452	138,940,482

P&L

Year	2023	2022	2021
Total operating income	561,663	282,401	-1,461,651
Total operating costs	92,302,485	65,915,936	41,703,914
Operating result	-91,740,822	-65,633,535	-43,165,565
Financial income/costs	1,142,176	-66,271	47,647
Profit before tax	-90,598,646	-65,699,806	-43,117,918
Total tax & extraordinary income/cost	0	0	5,162,831
Annual Total Result	-90,598,646	-65,699,806	-48,280,749

Balance overview

Year	2023	2022	2021
Total fixed assets	138,289,170	98,512,198	32,337,067
Total current assets	20,341,031	18,860,530	122,749,170
Total assets	158,630,201	117,372,728	155,086,236
Short term debt	28,764,079	34,038,334	13,745,754
Long term debt	3,605,055	5,024,941	2,400,000
Total liabilities	32,369,134	39,063,275	16,145,754
Contributed capital	126,261,067	78,309,452	138,940,482
Retained earnings	0	0	0
Total equity	126,261,067	78,309,452	138,940,482
Total equity and liabilities	158,630,201	117,372,727	155,086,236

KYOTO GROUP AS917 001 790

KYOTO GROUP AS

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Financials

Summary

P&L

Balance overview

Classification