KVERNELAND BIL AS
Organization
- CEO
- HE
Helge Ellingsen1959
- Chairman of the board
- ÅK
Ådne Kverneland1949
- Years since formation
- 29 years
- since Dec 23, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 257
Ownership
- Number of shares and share classes
- 900
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 1,780,354,140
- NOK
- Annual total result 2024
- -38,219,165
- NOK
- Total equity 2024
- 91,907,701
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HE 1959 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ÅK 1949 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 900 | 100 % |
Shares owned by the KVERNELAND BIL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 40,000 | 100 % | |
| Ordinary shares | 1,000 | 50 % | |
| Ordinary shares | 61,250 | 24.5 % | |
| Ordinary shares | 250 | 12.5 % | |
| Ordinary shares | 1,225 | 12.25 % | |
| Ordinary shares | 1,500 | 10 % | |
| Ordinary shares | 2,000 | 7.69 % | |
| Ordinary shares | 10 | 7.63 % | |
| Ordinary shares | 20,000 | 5 % | |
| Class B shares | 640 | 3.05 % | |
| Ordinary shares | 1 | 0.68 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -79,179Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,780,354,140 | 2,189,368,000 | 1,975,363,000 | 2,589,726,000 |
Annual Total Result | -38,219,165 | -11,249,000 | 13,232,000 | 79,290,000 |
Total assets | 770,559,862 | 824,072,000 | 789,107,000 | 583,709,000 |
Total liabilities | 678,652,161 | 658,600,000 | 637,386,000 | 465,702,000 |
Total equity | 91,907,701 | 165,472,000 | 151,721,000 | 118,008,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,780,354,140 | 2,189,368,000 | 1,975,363,000 | 2,589,726,000 |
Total operating costs | 1,801,978,709 | 2,189,394,000 | 1,953,580,000 | 2,480,843,000 |
Operating result | -21,624,569 | -26,000 | 21,783,000 | 108,883,000 |
Financial income/costs | -26,581,999 | -17,045,000 | -5,981,000 | -6,887,000 |
Profit before tax | -48,206,568 | -17,071,000 | 15,803,000 | 101,996,000 |
Total tax & extraordinary income/cost | -9,987,403 | -5,822,000 | 2,571,000 | 22,706,000 |
Annual Total Result | -38,219,165 | -11,249,000 | 13,232,000 | 79,290,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 126,709,558 | 222,009,000 | 151,864,000 | 109,933,000 |
Total current assets | 643,850,304 | 602,063,000 | 637,244,000 | 473,777,000 |
Total assets | 770,559,862 | 824,072,000 | 789,107,000 | 583,709,000 |
Short term debt | 611,837,722 | 570,681,000 | 615,052,000 | 446,943,000 |
Long term debt | 66,814,439 | 87,919,000 | 22,335,000 | 18,759,000 |
Total liabilities | 678,652,161 | 658,600,000 | 637,386,000 | 465,702,000 |
Contributed capital | 91,907,701 | 144,793,000 | 146,744,000 | 111,911,000 |
Retained earnings | 0 | 20,680,000 | 4,977,000 | 6,097,000 |
Total equity | 91,907,701 | 165,472,000 | 151,721,000 | 118,008,000 |
Total equity and liabilities | 770,559,862 | 824,072,000 | 789,107,000 | 583,709,000 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises