KVAMNET AS • 987025735 • Norheimsund • Telecommunications

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Information and communication

/ Telecommunications

KVAMNET AS

Keywords

operationmaintenancefacilitiesvoicedatatextsoundvideodistributiondata signalstelevision signalsaccessinternetnetwork

Organization

CEO: SA
Steinar Foss Andersen1958
Chairman of the board: JB
Johannes Berge1952
Years since formation: 20 years; since Jul 2, 2004
Type: Limited company
VAT registered: Yes
Number of employees: 20

Ownership

Number of shares and share classes: 8,650; 1 share class
Total number of shareholders: 14; 6 companies, 8 persons
Belongs to group of

Financials

Total operating income 2023: 29,568,321; NOK
Annual total result 2023: 554,707; NOK
Total equity 2023: 36,221,728; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
SA Steinar Foss Andersen 1958	Managing Director/CEO	35.34 % directly 1.11 % indirectly 34.23 %

Board

Name	Role	Shares
JB Johannes Berge 1952	Chairman	35.34 % directly 7.54 % indirectly 27.8 %
SA Steinar Foss Andersen 1958	Deputy Chair	35.34 % directly 1.11 % indirectly 34.23 %
BJ Bjørn Johnny Vågenes 1958	Board Member	2.83 % directly
EN Erlend Nornes 1969	Alternate Member	-

Others

Name	Role	Shares
R REVISORGRUPPEN HORDALAND AS	Auditor	-
K KVAM REKNESKAPSKONTOR AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SA Steinar Foss Andersen 1958	Managing Director/CEO, Deputy Chair	35.34 % directly 1.11 % indirectly 34.23 %
JB Johannes Berge 1952	Chairman	35.34 % directly 7.54 % indirectly 27.8 %
BJ Bjørn Johnny Vågenes 1958	Board Member	2.83 % directly
KB Kari Berge Bordvik 1953	-	2.01 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
K KVAMNET HOLDING AS	Ordinary shares	4,810	55.61 %
H HARDANGER ENERGI AS	Ordinary shares	1,733	20.03 %
JB Johannes Berge 1952	Ordinary shares	652	7.54 %
C CAPELLA AS	Ordinary shares	556	6.43 %
BJ Bjørn Johnny Vågenes 1958	Ordinary shares	245	2.83 %
KB Kari Berge Bordvik 1953	Ordinary shares	174	2.01 %
SA Steinar Foss Andersen 1958	Ordinary shares	96	1.11 %
HD Håkon D Y Sandven 1947	Ordinary shares	75	0.87 %
Ø ØYSTESE MEK VERKSTED AS	Ordinary shares	69	0.8 %
IS Inger Berit Skjervheim 1948	Ordinary shares	50	0.58 %
AB Asbjørn Berge 1963	Ordinary shares	50	0.58 %
K KLEPPE BYGG AS	Ordinary shares	50	0.58 %
RA Reidar Foss Andersen 1960	Ordinary shares	50	0.58 %
B BYGGMEISTER TERJE KOLLTVEIT AS	Ordinary shares	40	0.46 %

Shares owned by the KVAMNET AS

Name	Share class	Number of shares	Share
H HARDANGER BREIBAND AS	Ordinary shares	2,700	20 %

Last update: May 24, 2024

Group structure

KVAMNET HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -439,871
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	29,568,321	28,661,712	26,070,389
Annual Total Result	554,707	1,421,703	1,678,060
Total assets	114,059,164	109,422,879	98,621,562
Total liabilities	77,837,436	73,755,857	64,376,243
Total equity	36,221,728	35,667,021	34,245,318

P&L

Year	2023	2022	2021
Total operating income	29,568,321	28,661,712	26,070,389
Total operating costs	25,669,479	24,550,348	21,897,264
Operating result	3,898,842	4,111,364	4,173,125
Financial income/costs	-3,187,679	-2,288,668	-2,021,766
Profit before tax	711,163	1,822,696	2,151,359
Total tax & extraordinary income/cost	156,456	400,993	473,299
Annual Total Result	554,707	1,421,703	1,678,060

Balance overview

Year	2023	2022	2021
Total fixed assets	110,798,533	106,311,293	95,690,419
Total current assets	3,260,631	3,111,586	2,931,143
Total assets	114,059,164	109,422,879	98,621,562
Short term debt	13,794,471	14,101,387	16,056,090
Long term debt	64,042,965	59,654,470	48,320,153
Total liabilities	77,837,436	73,755,857	64,376,243
Contributed capital	16,830,000	16,830,000	16,830,000
Retained earnings	19,391,728	18,837,021	17,415,318
Total equity	36,221,728	35,667,021	34,245,318
Total equity and liabilities	114,059,164	109,422,879	98,621,562

Classification

Category

Information and communication

/ Telecommunications

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

J

Main industrial area

Information and communication

61

Activity

Telecommunications

61.1

Main industrial group

Wired telecommunications activities

61.10

Industrial group

Wired telecommunications activities

61.100

Industrial group

Wired telecommunications activities