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KVENNA AS

KVENNA AS933 704 262

Metal
Limited company
Kjøpmannsgata 23 6005 ÅLESUND, Norge
Industry and manufacturing
/ Metal
/ 25.620 Machining

KVENNA AS

Kvenna EMT provides advanced machining, engineering and products for marine and subsea purposes.

Keywords

drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing

Links

Organization

CEO
SR

Stein-Ove Riksheim1985

Chairman of the board
FO

Frank Ove Reite1970

Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
41

Ownership

Number of shares and share classes
1,853,969
1 share class
Total number of shareholders
5
3 companies, 2 persons
Belongs to group of

Financials

Total operating income 2024
102,805,516
NOK
Annual total result 2024
6,738,731
NOK
Total equity 2024
33,322,435
NOK
Last update: Jun 13, 2025

Management

Management / administration

NameRoleShares
SR

Stein-Ove Riksheim

1985

Managing Director/CEO-

Board

NameRoleShares
AT

Anne Tafjord Seth

1979

Board Member-
RO

Rune Olav Aabrekk

1982

Board Member-
EN

Erlend Nybøen Rødal

1984

Alternate Member-
SM

Ståle Malmedal

1968

Observer-
PA

Peter Andreas Tennfjord

1955

Board Member-
FO

Frank Ove Reite

1970

Chairman
2.78 %
indirectly

Others

NameRoleShares
K
KPMG AS
Auditor-
V
VALUE ÅLESUND AS
Accountant-

Top 10 individual shareholders

NameRoleShares
LA

Leif Arne Langøy

1956

-
9.57 %
indirectly
EG

Egil Giørtz

1970

-
8.61 %
indirectly
BA

Botholf Are Stolt-Nielsen

1965

-
7.22 %
indirectly
RC

Rita Christina Sævik

1977

-
4.72 %
indirectly
JM

Jan Magnus Kleven

1958

-
3.92 %
indirectly
JG

Janne Grethe Strand Aasnæs

1963

-
3.7 %
indirectly
ES

Elisabeth Strand

1965

-
3.68 %
indirectly
FO

Frank Ove Reite

1970

Chairman
2.78 %
indirectly
JR

Jogeir Romestrand

1961

-
2.66 %
indirectly
JE

Jan Endre Vartdal

1971

-
2.51 %
indirectly
Last update: Jun 18, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
N
NOVELA TEKNOLOGI AS
Ordinary shares
1,828,969
98.65 %
O
OERO INVEST AS
Ordinary shares
10,000
0.54 %
K
KVENNA AS
Ordinary shares
5,000
0.27 %
BK

Bjørn-Gunnar Korsnes Våge

1987

Ordinary shares
5,000
0.27 %
OC

Ole Christian Fiskaa

1968

Ordinary shares
5,000
0.27 %

Shares owned by the KVENNA AS

NameShare classTotal number of sharesShare
S
SA-SA AS
Ordinary shares
3
15 %
K
KVENNA AS
Ordinary shares
5,000
0.27 %
Last update: Jun 2, 2025

Group structure

  • NOVELA TEKNOLOGI AS
    Total operating income 2023: NOK 0
    Operating profit 2023: NOK -401,306
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
102,805,516
116,350,027
76,261,507
57,940,904
Annual Total Result
6,738,731
9,406,074
14,710,644
945,134
Total assets
98,981,796
96,053,880
48,567,770
31,568,933
Total liabilities
65,659,362
66,390,177
25,310,141
23,021,949
Total equity
33,322,435
29,663,703
23,257,629
8,546,985

P&L

Year2024202320222021
Total operating income
102,805,516
116,350,027
76,261,507
57,940,904
Total operating costs
91,517,678
102,765,911
70,027,576
56,700,398
Operating result
11,287,838
13,584,116
6,233,931
1,240,506
Financial income/costs
-3,154,790
-1,507,533
-556,788
-295,372
Profit before tax
8,133,048
12,076,582
5,677,143
945,134
Total tax & extraordinary income/cost
1,394,317
2,670,508
-9,033,501
0
Annual Total Result
6,738,731
9,406,074
14,710,644
945,134

Balance overview

Year2024202320222021
Total fixed assets
61,987,387
46,191,851
24,068,458
13,287,196
Total current assets
36,994,409
49,862,030
24,499,312
18,281,738
Total assets
98,981,796
96,053,880
48,567,770
31,568,933
Short term debt
19,800,627
34,325,016
17,065,047
11,849,385
Long term debt
45,858,735
32,065,161
8,245,094
11,172,563
Total liabilities
65,659,362
66,390,177
25,310,141
23,021,949
Contributed capital
11,085,613
11,090,613
11,090,613
11,090,613
Retained earnings
22,236,822
18,573,090
12,167,016
-2,543,628
Total equity
33,322,435
29,663,703
23,257,629
8,546,985
Total equity and liabilities
98,981,796
96,053,880
48,567,770
31,568,933

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
C
Main industrial area
Manufacturing
25
Activity
Manufacture of fabricated metal products, except machinery and equipment
25.6
Main industrial group
Treatment and coating of metals; machining
25.62
Industrial group
Machining
25.620
Industrial group
Machining