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
Links
Organization
- CEO
- MB
Morten Bülow1972
- Chairman of the board
- LH
- Years since formation
- 9 years
- since Apr 11, 2016
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 15
Ownership
- Number of shares and share classes
- 35,875,793
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
- Belongs to group of
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: Jun 11, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MB 1972 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LH | Chairman | - |
HT 1984 | Board Member | - |
CA 1968 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: May 8, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| NO0010936750 | 35,775,793 | 99.72 % | |
CN | NO0010936750 | 100,000 | 0.28 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 0
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 |
Classification
Category
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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.6
Main industrial group
Wholesale of machinery, equipment and supplies
46.69
Industrial group
Wholesale of other machinery and equipment
46.691
Industrial group
Wholesale of machinery and equipment for energy production and installation