KAVLI HOLDING AS
Home | Kavli Holding
Kavli was established in 1893 when Olav Kavli opened a tiny (but tasty) cheese store in Bergen, Norway. In 1924, Olav opened his first factory. This is where the magic happened, and he developed the world’s first spreadable cheese — Primula! Since then, the business has grown tremendously.
Keywords
productionmilk pasteurizedsterilizedhomogenizedultra-heat treatedmilk-based beveragescreamdriedconcentratedbutteryogurtcheese and curdswheycaseinlactose
Links
Organization
- CEO
- KH
Kenneth Hamnes1970
- Chairman of the board
- HB
- Years since formation
- 29 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 12
Ownership
- Number of shares and share classes
- 500
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 95,658,000
- NOK
- Annual total result 2023
- 116,478,000
- NOK
- Total equity 2023
- 443,447,000
- NOK
Last update: Nov 21, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KH 1970 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
HB | Chairman | - |
DJ 1959 | Board Member | - |
FM 1968 | Board Member | - |
RK | Board Member | - |
ØR 1970 | Board Member | - |
LH 1967 | Board Member | - |
GC | Board Member | - |
PR 1973 | Board Member | - |
EB 1984 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Nov 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 100 % |
Shares owned by the KAVLI HOLDING AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,900 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 50,000,000Operating profit 2023: NOK 34,635,000Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 95,658,000 | 0 | 0 |
Annual Total Result | 116,478,000 | 22,270,000 | 96,696,000 |
Total assets | 1,542,627,000 | 1,459,394,000 | 1,415,140,000 |
Total liabilities | 1,099,181,000 | 1,082,425,000 | 1,010,441,000 |
Total equity | 443,447,000 | 376,970,000 | 404,699,000 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 95,658,000 | 0 | 0 |
Total operating costs | 121,533,000 | 13,207,000 | 8,978,000 |
Operating result | -25,875,000 | -13,207,000 | -8,978,000 |
Financial income/costs | 157,800,000 | 43,695,000 | 116,068,000 |
Profit before tax | 131,925,000 | 30,488,000 | 107,090,000 |
Total tax & extraordinary income/cost | 15,447,000 | 8,218,000 | 10,394,000 |
Annual Total Result | 116,478,000 | 22,270,000 | 96,696,000 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,205,258,000 | 1,110,498,000 | 1,046,826,000 |
Total current assets | 337,369,000 | 348,896,000 | 368,314,000 |
Total assets | 1,542,627,000 | 1,459,394,000 | 1,415,140,000 |
Short term debt | 847,832,000 | 479,788,000 | 544,235,000 |
Long term debt | 251,349,000 | 602,637,000 | 466,206,000 |
Total liabilities | 1,099,181,000 | 1,082,425,000 | 1,010,441,000 |
Contributed capital | 8,000,000 | 8,000,000 | 8,000,000 |
Retained earnings | 435,447,000 | 368,970,000 | 396,699,000 |
Total equity | 443,447,000 | 376,970,000 | 404,699,000 |
Total equity and liabilities | 1,542,628,000 | 1,459,395,000 | 1,415,140,000 |
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
10
Activity
Manufacture of food products
10.5
Main industrial group
Manufacture of dairy products
10.51
Industrial group
Operation of dairies and cheese making
10.510
Industrial group
Operation of dairies and cheese making