KVARVHEIM AS

Services

/ IT services

Keywords

program developmentsoftware

Organization

Chairman of the board: HE
Harald Ellefsen1950
Years since formation: 5 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 2023: 18,756,161; NOK
Total equity 2023: 101,426,584; NOK

Last update: Sep 11, 2024

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	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	Number of shares	Share
N NORBIT ASA	NO0010856511	25,000	0.04 %
V VOW ASA	NO0010708068	30,600	0.03 %
S SPAREBANK 1 ØSTLANDET	NO0010751910	20,400	0.02 %
P POLARIS MEDIA ASA	NO0010466022	11,000	0.02 %
S SATS ASA	NO0010863285	35,000	0.02 %
B Bonheur ASA	NO0003110603	2,800	< 0.01 %
S SPAREBANKEN VEST	NO0006000900	10,000	< 0.01 %
A AKER ASA	NO0010234552	5,400	< 0.01 %
E ELKEM ASA	NO0010816093	91,300	< 0.01 %
S STOREBRAND ASA	NO0003053605	57,300	< 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	18,300	< 0.01 %
V VOW GREEN METALS AS	NO0011037483	11,600	< 0.01 %
N NORSE ATLANTIC ASA	NO0012885252	9,250	< 0.01 %
A AKER HORIZONS ASA	NO0010921232	23,500	< 0.01 %
S SCHIBSTED ASA	NO0010736879	20,700	< 0.01 %
S SPAREBANK 1 SMN	NO0006390301	19,900	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	NO0010631567	11,000	< 0.01 %
S SPAREBANK 1 SØRØST-NORGE	NO0006000207	10,000	< 0.01 %
S SPAREBANK 1 NORD-NORGE	NO0006000801	8,500	< 0.01 %
N NORDIC SEMICONDUCTOR ASA	NO0003055501	10,700	< 0.01 %
K KONGSBERG GRUPPEN ASA	NO0003043309	1,400	< 0.01 %
E EQUINOR ASA	NO0010096985	6,900	< 0.01 %
K KID ASA	NO0010743545	5,500	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	9,900	< 0.01 %
A AKER BP ASA	NO0010345853	3,000	< 0.01 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	50,000	< 0.01 %
S SCATEC ASA	NO0010715139	3,300	< 0.01 %
T TELENOR ASA	NO0010063308	16,200	< 0.01 %
D DNB BANK ASA	NO0010161896	20,600	< 0.01 %
E ENTRA ASA	NO0010716418	7,500	< 0.01 %
K KAHOOT! AS	NO0010823131	31,000	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	NO0010582521	16,000	< 0.01 %

Last update: May 24, 2024

Group structure

KVARV AS
Total operating income 2023: NOK 638,000
Operating profit 2023: NOK -26,766,000
Employees: 7

Financials

in NOK

Summary

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

P&L

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

Balance overview

Year	2023	2022	2021
Total fixed assets	0	0	0
Total current assets	105,063,817	84,672,714	92,126,156
Total assets	105,063,817	84,672,714	92,126,156
Short term debt	2,309,906	855,765	239,818
Long term debt	1,327,327	0	995,781
Total liabilities	3,637,233	855,765	1,235,599
Contributed capital	71,387,720	71,387,720	71,387,720
Retained earnings	30,038,864	12,429,229	19,502,837
Total equity	101,426,584	83,816,949	90,890,557
Total equity and liabilities	105,063,817	84,672,714	92,126,156

KVARVHEIM AS923 544 909

KVARVHEIM AS

Keywords

Organization

Ownership

Financials

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