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T

TOM HVAAL AS876 000 202

Contractor activities
Limited company
Øvre Torggate 6 3256 LARVIK, Norge

TOM HVAAL AS

Operating
Maskinentreprise, anleggsgartnervirksomhet (herunder hagebruk), racingvirksomhet, utleie av driftsmidler, samt deltagelse i andre selskaper (herunder fast eiendom).
Maskinentreprise er hovedvirksomhet.

Keywords

preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work

Organization

Chairman of the board
Years since formation
30 years
since Jan 15, 1996
Type
Limited company
VAT registered
Yes
Number of employees
22

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2025
214,032,999
NOK
Annual total result 2025
12,338,200
NOK
Total equity 2025
37,075,944
NOK
Last update: Jul 7, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO
33 %
indirectly

Board

NameRoleShares
Chairman
34 %
indirectly
Board Member
33 %
indirectly
Board Member
33 %
indirectly

Others

NameRoleShares
Auditor-
R
REIS REGNSKAP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Chairman
34 %
indirectly
Managing Director/CEO, Board Member
33 %
indirectly
Board Member
33 %
indirectly
Last update: Jan 28, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
R
RACE HOLDING AS
Ordinary shares
100
100 %

Shares owned by the TOM HVAAL AS

NameShare classTotal number of sharesShare
L
LANGERUD MASKIN AS
Ordinary shares
15,000
50 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 60,000
    Operating profit 2024: NOK -318,922
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
214,032,999
244,094,310
248,948,900
335,812,379
274,668,128
Annual Total Result
12,338,200
16,333,780
16,638,436
26,134,045
28,211,752
Total assets
89,893,974
88,764,094
102,131,159
119,114,166
78,845,465
Total liabilities
52,818,030
59,638,416
74,534,222
64,793,140
48,808,078
Total equity
37,075,944
29,125,678
27,596,937
54,321,026
30,037,387

P&L

Year20252024202320222021
Total operating income
214,032,999
244,094,310
248,948,900
335,812,379
274,668,128
Total operating costs
198,810,299
223,924,662
228,698,275
302,306,177
238,251,213
Operating result
15,222,701
20,169,649
20,250,626
33,506,203
36,416,915
Financial income/costs
595,235
752,735
1,078,054
-149
-231,469
Profit before tax
15,817,936
20,922,384
21,328,679
33,506,054
36,185,445
Total tax & extraordinary income/cost
3,479,736
4,588,604
4,690,243
7,372,009
7,973,693
Annual Total Result
12,338,200
16,333,780
16,638,436
26,134,045
28,211,752

Balance overview

Year20252024202320222021
Total fixed assets
10,416,370
7,138,051
12,884,065
8,097,177
6,442,362
Total current assets
79,477,604
81,626,043
89,247,094
111,016,989
72,403,103
Total assets
89,893,974
88,764,094
102,131,159
119,114,166
78,845,465
Short term debt
52,750,291
59,638,416
74,428,616
64,703,084
48,730,337
Long term debt
67,739
0
105,606
90,056
77,741
Total liabilities
52,818,030
59,638,416
74,534,222
64,793,140
48,808,078
Contributed capital
100,000
100,000
100,000
100,000
100,000
Retained earnings
36,975,944
29,025,678
27,496,937
54,221,026
29,937,387
Total equity
37,075,944
29,125,678
27,596,937
54,321,026
30,037,387
Total equity and liabilities
89,893,974
88,764,094
102,131,159
119,114,166
78,845,465

Classification

21st company classification
BETA
Industrial large enterprise
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.1
Main industrial group
Demolition and site preparation
43.12
Industrial group
Site preparation
43.120
Industrial group
Site preparation