KVARV AS • 914719828 • Kverva • Real estate activities

This website uses cookies to enhance the user experience.

Goods and trade

/ 68.209 Other letting of real estate

KVARV AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: KS
Knut-Olav Skjetne1975
Chairman of the board: GW
Gustav Witzøe1953
Years since formation: 11 years; since Dec 22, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 6

Ownership

Number of shares and share classes: 4,000; 2 share classes
Total number of shareholders: 6; 3 companies, 3 persons
Belongs to group of

Financials

Total operating income 2023: 638,000; NOK
Annual total result 2023: 1,490,728,000; NOK
Total equity 2023: 2,993,889,000; NOK

Last update: Mar 13, 2025

Management

Management / administration

Name	Role	Shares
KS Knut-Olav Skjetne 1975	Managing Director/CEO	-

Board

Name	Role	Shares
GW Gustav Witzøe 1953	Chairman	1 % directly
GM Gustav Magnar Witzøe 1993	Board Member	97 % directly
HE Harald Ellefsen 1950	Board Member	-
OK Oddny Kjersti Witzøe 1957	Board Member	-
AO Anniken Olsen 1980	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
GM Gustav Magnar Witzøe 1993	Board Member	97 % directly
TJ Thomas Johan Jessen 1976	-	1.04 % indirectly
GW Gustav Witzøe 1953	Chairman	1 % directly

Last update: Jan 2, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
GM Gustav Magnar Witzøe 1993	Class B shares	3,871	96.78 %
F FAMILIEN JESSEN AS	Class B shares	47	1.18 %
GW Gustav Witzøe 1953	A-shares	40	1 %
K KVARV AS	Class B shares	32	0.8 %
GM Gustav Magnar Witzøe 1993	A-shares	9	0.22 %
K KVARV AS	A-shares	1	0.03 %

Shares owned by the KVARV AS

Name	Share class	Total number of shares	Share
K KVEMA AS	Ordinary shares	3,000	100 %
F FORWARD PROJECT AS	Ordinary shares	10,000	100 %
K KVARV PROPERTIES AS	Ordinary shares	3,000	100 %
K KVARV ASSETS AS	Ordinary shares	3,000	100 %
K KVARV SERVICES AS	Ordinary shares	3,000	100 %
K KVARV II AS	Ordinary shares	3,000	100 %
K KVERVA AS	A-shares	259,189	92.34 %
B BLÅTT KOMPETANSESENTER AS	Ordinary shares	1,000,000	18.38 %
B BEKKEN INVEST AS	Ordinary shares	1,075,640	6.45 %
K KVARV AS	Class B shares	32	0.8 %

Last update: Jun 2, 2025

Group structure

KVARV AS
Total operating income 2023: NOK 638,000
Operating profit 2023: NOK -26,766,000
Employees: 6

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	638,000	402,000	0
Annual Total Result	1,490,728,000	458,826,000	336,621,000
Total assets	3,234,634,000	1,887,530,000	1,677,611,000
Total liabilities	240,745,000	384,369,000	992,997,000
Total equity	2,993,889,000	1,503,161,000	684,614,000

P&L

Year	2023	2022	2021
Total operating income	638,000	402,000	0
Total operating costs	27,404,000	34,786,000	21,290,000
Operating result	-26,766,000	-34,384,000	-21,290,000
Financial income/costs	1,546,805,000	484,074,000	353,068,000
Profit before tax	1,520,039,000	449,690,000	331,778,000
Total tax & extraordinary income/cost	29,311,000	-9,136,000	-4,843,000
Annual Total Result	1,490,728,000	458,826,000	336,621,000

Balance overview

Year	2023	2022	2021
Total fixed assets	1,772,927,000	1,852,620,000	1,666,737,000
Total current assets	1,461,707,000	34,910,000	10,874,000
Total assets	3,234,634,000	1,887,530,000	1,677,611,000
Short term debt	240,745,000	384,369,000	992,997,000
Long term debt	0	0	0
Total liabilities	240,745,000	384,369,000	992,997,000
Contributed capital	360,006,000	360,006,000	285,000
Retained earnings	2,633,883,000	1,143,155,000	684,329,000
Total equity	2,993,889,000	1,503,161,000	684,614,000
Total equity and liabilities	3,234,634,000	1,887,530,000	1,677,611,000

Classification

Category

Goods and trade

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

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate