KVARVÅSEN AS
Organization
- CEO
- LM
Lars Madsen1975
- Chairman of the board
- MH
Magne Haugsjå1971
- Years since formation
- 6 years
- since Aug 22, 2019
- 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
- 2
- companies
Financials
- Annual total result 2024
- -348,819
- NOK
- Total equity 2024
- 2,414,518
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LM 1975 | Managing Director/CEO | 12.5 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
MH 1971 | Chairman | 25 % indirectly |
LM 1975 | Board Member | 12.5 % indirectly |
JH | Board Member | 12.5 % indirectly |
PA 1975 | Board Member | 25 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MH 1971 | Chairman | 25 % indirectly |
PA 1975 | Board Member | 25 % indirectly |
LM 1975 | Managing Director/CEO, Board Member | 12.5 % indirectly |
JH | Board Member | 12.5 % indirectly |
MW | - | 12.5 % indirectly |
TM 1940 | - | 12.5 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 50 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 6,090,000 | 5,804,000 |
Annual Total Result | -348,819 | -104,608 | 640,112 | 1,436,505 |
Total assets | 6,783,476 | 6,783,476 | 5,486,905 | 7,383,169 |
Total liabilities | 4,368,958 | 4,020,139 | 2,618,960 | 5,155,336 |
Total equity | 2,414,518 | 2,763,337 | 2,867,945 | 2,227,833 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 6,090,000 | 5,804,000 |
Total operating costs | 26,637 | -144,643 | 5,203,194 | 3,963,630 |
Operating result | -26,637 | 144,643 | 886,806 | 1,840,370 |
Financial income/costs | -322,182 | -249,251 | -65,974 | 1,363 |
Profit before tax | -348,819 | -104,608 | 820,832 | 1,841,733 |
Total tax & extraordinary income/cost | 0 | 0 | 180,720 | 405,228 |
Annual Total Result | -348,819 | -104,608 | 640,112 | 1,436,505 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 6,783,476 | 6,783,476 | 5,486,905 | 7,383,169 |
Total assets | 6,783,476 | 6,783,476 | 5,486,905 | 7,383,169 |
Short term debt | 1,368,958 | 4,020,139 | 2,618,960 | 5,155,336 |
Long term debt | 3,000,000 | 0 | 0 | 0 |
Total liabilities | 4,368,958 | 4,020,139 | 2,618,960 | 5,155,336 |
Contributed capital | 300,000 | 300,000 | 300,000 | 278,111 |
Retained earnings | 2,114,518 | 2,463,337 | 2,567,945 | 1,949,722 |
Total equity | 2,414,518 | 2,763,337 | 2,867,945 | 2,227,833 |
Total equity and liabilities | 6,783,476 | 6,783,476 | 5,486,905 | 7,383,169 |
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