KVK HOLDING AS • 987421266 • Froland • Construction of buildings

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/ Purchase and sale

KVK HOLDING AS

Keywords

real estatesalesdevelopment

Organization

CEO: KV
Kjetel Vidar Kittelsen1958
Chairman of the board: KV
Kjetel Vidar Kittelsen1958
Years since formation: 20 years; since Nov 1, 2004
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 680; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Annual total result 2023: 25,072,896; NOK
Total equity 2023: 30,031,639; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
KV Kjetel Vidar Kittelsen 1958	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
KV Kjetel Vidar Kittelsen 1958	Chairman	100 % directly
KK Kari Olsbu Kittelsen 1965	Alternate Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
F FROLAND REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KV Kjetel Vidar Kittelsen 1958	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
KV Kjetel Vidar Kittelsen 1958	Ordinary shares	680	100 %

Shares owned by the KVK HOLDING AS

Name	Share class	Number of shares	Share
F FOSSEKALLEN AS	Ordinary shares	50	100 %
E EIPRO AS	Ordinary shares	100	100 %
E EIBJOR AS	Ordinary shares	100	100 %
H HK UTVIKLING AS	Ordinary shares	15	50 %
E EIOS AS	Ordinary shares	50	50 %
E EIMYR AS	Ordinary shares	50	50 %
E ERE HOLDING AS	Ordinary shares	1,000	33.33 %
S SKOLEGÅRDEN GRIMSTAD AS	Ordinary shares	33	33 %
E EIGRI AS	Ordinary shares	30	30 %
B BRØDRENE STRAY AS	Ordinary shares	125	25 %
D DYVIG BRYGGE AS	Ordinary shares	150	25 %
S SAGMYRLIA AS	Ordinary shares	100	20 %
K KÅRE ERIKSEN AS	Ordinary shares	5	7.46 %

Last update: May 24, 2024

Group structure

KVK HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -4,605,258
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	25,072,896	-32,194	-26,868
Total assets	40,679,393	14,706,783	14,127,390
Total liabilities	10,647,755	9,748,040	9,136,453
Total equity	30,031,639	4,958,742	4,990,936

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	4,605,258	32,196	26,868
Operating result	-4,605,258	-32,196	-26,868
Financial income/costs	29,796,703	2	0
Profit before tax	25,191,444	-32,194	-26,868
Total tax & extraordinary income/cost	118,548	0	0
Annual Total Result	25,072,896	-32,194	-26,868

Balance overview

Year	2023	2022	2021
Total fixed assets	13,037,263	0	0
Total current assets	27,642,131	14,706,783	14,127,390
Total assets	40,679,393	14,706,783	14,127,390
Short term debt	1,033,120	979,628	979,628
Long term debt	9,614,635	8,768,412	8,156,825
Total liabilities	10,647,755	9,748,040	9,136,453
Contributed capital	747,680	747,680	747,680
Retained earnings	29,283,959	4,211,062	4,243,256
Total equity	30,031,639	4,958,742	4,990,936
Total equity and liabilities	40,679,393	14,706,783	14,127,390

Classification

Category

/ Purchase and sale

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

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate