KELVIN GROUP AS
Rift Labs - The LED technology pioneer
Rift Labs provide highly efficient and environmentally friendly lighting solutions within a range of industries, including creative lights for photo & video, personal and protective equipment based on UV-C LED, and LED growth lights
Organization
- CEO
- Chairman of the board
- YT
Yngve Tvedt1978
- Years since formation
- 15 years
- since Aug 10, 2010
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 18
Ownership
- Number of shares and share classes
- 13,392,163
- 1 share class
- Total number of shareholders
- 24
- 18 companies, 6 persons
Financials
- Total operating income 2024
- 16,180,729
- NOK
- Annual total result 2024
- -31,228,209
- NOK
- Total equity 2024
- 13,184,095
- NOK
Last update: Sep 5, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 3.73 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
JR 1962 | Observer | - |
PR | Board Member | 2.03 % indirectly |
YT 1978 | Chairman | - |
| Board Member | - | |
KK 1967 | Observer | 3.2 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MH 1959 | - | 13.67 % directly |
| Managing Director/CEO | 3.73 % indirectly | |
KK 1967 | Observer | 3.2 % indirectly |
PN 1969 | - | 2.25 % indirectly |
PR | Board Member | 2.03 % indirectly |
BW | - | 1.5 % directly 0.94 % indirectly 0.56 % |
EK 1956 | - | 1.16 % indirectly |
HK | - | 1.12 % indirectly |
Last update: Sep 5, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 4,534,386 | 33.86 % | |
| Ordinary shares | 4,011,996 | 29.96 % | |
MH 1959 | Ordinary shares | 1,830,472 | 13.67 % |
| Ordinary shares | 500,000 | 3.73 % | |
| Ordinary shares | 325,698 | 2.43 % | |
| Ordinary shares | 301,767 | 2.25 % | |
| Ordinary shares | 271,624 | 2.03 % | |
| Ordinary shares | 260,000 | 1.94 % | |
| Ordinary shares | 200,797 | 1.5 % | |
| Ordinary shares | 164,000 | 1.22 % | |
| Ordinary shares | 150,000 | 1.12 % | |
| Ordinary shares | 128,260 | 0.96 % | |
BW | Ordinary shares | 126,300 | 0.94 % |
| Ordinary shares | 100,000 | 0.75 % | |
HO | Ordinary shares | 100,000 | 0.75 % |
| Ordinary shares | 86,624 | 0.65 % | |
| Ordinary shares | 75,000 | 0.56 % | |
| Ordinary shares | 70,000 | 0.52 % | |
| Ordinary shares | 54,600 | 0.41 % | |
| Ordinary shares | 34,000 | 0.25 % | |
| Ordinary shares | 27,400 | 0.2 % | |
| Ordinary shares | 25,000 | 0.19 % | |
HS | Ordinary shares | 10,000 | 0.07 % |
MR 1984 | Ordinary shares | 4,239 | 0.03 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 16,180,729 | 14,085,333 | 14,639,404 | 9,444,435 |
Annual Total Result | -31,228,209 | -18,618,886 | -9,297,102 | -3,157,184 |
Total assets | 45,553,142 | 44,984,109 | 41,256,887 | 31,362,133 |
Total liabilities | 32,369,046 | 20,981,913 | 16,555,924 | 14,056,221 |
Total equity | 13,184,095 | 24,002,196 | 24,700,963 | 17,305,912 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 16,180,729 | 14,085,333 | 14,639,404 | 9,444,435 |
Total operating costs | 45,770,766 | 31,671,777 | 23,398,110 | 12,227,814 |
Operating result | -29,590,037 | -17,586,444 | -8,758,706 | -2,783,379 |
Financial income/costs | -1,638,172 | -1,032,442 | -538,395 | -373,805 |
Profit before tax | -31,228,209 | -18,618,886 | -9,297,102 | -3,157,184 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -31,228,209 | -18,618,886 | -9,297,102 | -3,157,184 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 26,183,502 | 27,975,799 | 22,692,090 | 13,131,936 |
Total current assets | 19,369,640 | 17,008,310 | 18,564,797 | 18,230,196 |
Total assets | 45,553,142 | 44,984,109 | 41,256,887 | 31,362,133 |
Short term debt | 30,732,666 | 14,145,530 | 10,091,614 | 6,522,878 |
Long term debt | 1,636,380 | 6,836,383 | 6,464,310 | 7,533,343 |
Total liabilities | 32,369,046 | 20,981,913 | 16,555,924 | 14,056,221 |
Contributed capital | 13,184,095 | 51,918,184 | 33,998,064 | 17,305,912 |
Retained earnings | 0 | -27,915,988 | -9,297,102 | 0 |
Total equity | 13,184,095 | 24,002,196 | 24,700,963 | 17,305,912 |
Total equity and liabilities | 45,553,142 | 44,984,109 | 41,256,887 | 31,362,133 |
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