KVARVHEIM AS

Operating

Å forestå finansielle investeringer i ulike sektorer, utenom sjømatnæringene.

Investeringsselskap. Å forestå finansielle investeringer i ulike sektorer, utenom sjømatnæringene.

Organization

Chairman of the board: HE
Harald Ellefsen1950
Years since formation: 7 years; since Oct 3, 2019
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Annual total result 2024: 24,917,968; NOK
Total equity 2024: 126,344,552; NOK

Last update: Dec 12, 2025

Locations

Company address
Kverva 101 7266 KVERVA, Norge
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Postal address
c/o Kverva AS Postboks 1223 Torgarden 7462 TRONDHEIM, Norge
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Management

Board

Name	Role	Shares
HE Harald Ellefsen 1950	Chairman	8.91 % indirectly
GM Gustav Magnar Witzøe 1993	Board Member	87.4 % indirectly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
GM Gustav Magnar Witzøe 1993	Board Member	87.4 % indirectly
HE Harald Ellefsen 1950	Chairman	8.91 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FORWARD PROJECT AS	Ordinary shares	9,010	90.1 %
S SOFELL AS	Ordinary shares	990	9.9 %

Shares owned by the KVARVHEIM AS

Name	Share class	Total number of shares	Share
S SPAREBANK 1 NORDMØRE	NO0010691660	7,800	0.09 %
N NORBIT ASA	NO0010856511	25,000	0.04 %
P PEXIP HOLDING ASA	NO0010840507	27,500	0.03 %
P PUBLIC PROPERTY INVEST ASA	NO0013178616	60,000	0.03 %
S SPAREBANK 1 HELGELAND	NO0010029804	7,262	0.03 %
S SPAREBANK 1 ØSTLANDET	NO0010751910	20,400	0.02 %
N NORDIC SEMICONDUCTOR ASA	NO0003055501	32,300	0.02 %
P POLARIS MEDIA ASA	NO0010466022	11,000	0.02 %
S SATS ASA	NO0010863285	35,000	0.02 %
S SPAREBANK 1 SØRØST-NORGE Closed	NO0006000207	10,000	< 0.01 %
B Bonheur ASA	NO0003110603	2,800	< 0.01 %
S SPAREBANKEN NORGE	NO0006000900	10,000	< 0.01 %
A AKER ASA	NO0010234552	5,400	< 0.01 %
O Olav Thon Eiendomsselskap ASA	NO0005638858	15,000	< 0.01 %
E ELKEM ASA	NO0010816093	91,300	< 0.01 %
O ORKLA ASA	NO0003733800	13,100	< 0.01 %
S STOREBRAND ASA	NO0003053605	60,400	< 0.01 %
A ATEA ASA	NO0004822503	5,000	< 0.01 %
L LINK MOBILITY GROUP HOLDING ASA	NO0010894231	43,500	< 0.01 %
N Norsk Hydro ASA	NO0005052605	27,300	< 0.01 %
A ARBION INDUSTRIES AS	NO0011037483	11,600	< 0.01 %
A AKER HORIZONS ASA Under liquidation	NO0010921232	23,500	< 0.01 %
N NORSE ATLANTIC ASA	NO0012885252	15,105	< 0.01 %
V VEND MARKETPLACES ASA	NO0010736879	20,700	< 0.01 %
S SPAREBANK 1 SMN	NO0006390301	19,900	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	NO0010631567	23,317	< 0.01 %
S SPAREBANK 1 NORD-NORGE	NO0006000801	8,500	< 0.01 %
N NORCONSULT ASA	NO0013052209	38,000	< 0.01 %
T TGS ASA	NO0003078800	10,300	< 0.01 %
E EQUINOR ASA	NO0010096985	6,900	< 0.01 %
K KID ASA	NO0010743545	5,500	< 0.01 %
T TELENOR ASA	NO0010063308	16,200	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	9,900	< 0.01 %
S SCATEC ASA	NO0010715139	3,300	< 0.01 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	50,000	< 0.01 %
A AKER BP ASA	NO0010345853	3,000	< 0.01 %
D DNB BANK ASA	NO0010161896	20,600	< 0.01 %
V VOW ASA	NO0010708068	30,600	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	NO0010582521	11,000	< 0.01 %
E ENTRA ASA	NO0010716418	7,500	< 0.01 %
K KONGSBERG GRUPPEN ASA	NO0003043309	1,400	< 0.01 %

Last update: Jun 2, 2025

Group structure

KVARV AS
Total operating income 2024: NOK 512,000
Operating profit 2024: NOK -46,202,000
Employees: 7

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	24,917,968	18,756,161	-6,578,473	15,769,476
Total assets	132,493,184	105,063,817	84,672,714	92,126,156
Total liabilities	6,148,632	3,637,233	855,765	1,235,599
Total equity	126,344,552	101,426,584	83,816,949	90,890,557

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	129,175	92,718	98,430	46,658
Operating result	-129,175	-92,718	-98,430	-46,658
Financial income/costs	27,721,981	20,799,058	-7,188,979	16,634,041
Profit before tax	27,592,806	20,706,340	-7,287,409	16,587,383
Total tax & extraordinary income/cost	2,674,838	1,950,179	-708,936	817,907
Annual Total Result	24,917,968	18,756,161	-6,578,473	15,769,476

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	0	0	0	0
Total current assets	132,493,184	105,063,817	84,672,714	92,126,156
Total assets	132,493,184	105,063,817	84,672,714	92,126,156
Short term debt	3,614,989	2,309,906	855,765	239,818
Long term debt	2,533,643	1,327,327	0	995,781
Total liabilities	6,148,632	3,637,233	855,765	1,235,599
Contributed capital	76,072,444	71,387,720	71,387,720	71,387,720
Retained earnings	50,272,108	30,038,864	12,429,229	19,502,837
Total equity	126,344,552	101,426,584	83,816,949	90,890,557
Total equity and liabilities	132,493,184	105,063,817	84,672,714	92,126,156

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

KVARVHEIM AS923 544 909

KVARVHEIM AS

Organization

Ownership

Financials

Locations

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the KVARVHEIM AS

Group structure

Financials

Summary

P&L

Balance overview

Classification