HVARNES HOLDING AS
Organization
- CEO
- KH
Kjetil Hvarnes1976
- Chairman of the board
- KH
Kjetil Hvarnes1976
- Years since formation
- 20 years
- since Dec 8, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Annual total result 2024
- -11,040
- NOK
- Total equity 2024
- 723,713
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KH 1976 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KH 1976 | Chairman | 100 % directly |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KH 1976 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Dec 14, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KH 1976 | Ordinary shares | 100 | 100 % |
Shares owned by the HVARNES HOLDING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -28,804Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -11,040 | -383,784 | -1,673,617 | -72,394 |
Total assets | 728,701 | 737,394 | 1,243,080 | 2,842,155 |
Total liabilities | 4,988 | 2,641 | 124,544 | 50,001 |
Total equity | 723,713 | 734,753 | 1,118,536 | 2,792,154 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 28,804 | 401,941 | 1,693,577 | 64,476 |
Operating result | -28,804 | -401,941 | -1,693,577 | -64,476 |
Financial income/costs | 17,765 | 18,157 | 19,960 | -7,918 |
Profit before tax | -11,040 | -383,784 | -1,673,617 | -72,394 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -11,040 | -383,784 | -1,673,617 | -72,394 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 728,493 | 737,365 | 1,243,127 | 2,836,782 |
Total current assets | 208 | 29 | -47 | 5,372 |
Total assets | 728,701 | 737,394 | 1,243,080 | 2,842,155 |
Short term debt | 4,988 | 2,641 | 124,544 | 50,001 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 4,988 | 2,641 | 124,544 | 50,001 |
Contributed capital | 113,193 | 113,193 | 113,193 | 113,193 |
Retained earnings | 610,520 | 621,560 | 1,005,343 | 2,678,961 |
Total equity | 723,713 | 734,753 | 1,118,536 | 2,792,154 |
Total equity and liabilities | 728,701 | 737,394 | 1,243,080 | 2,842,155 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises