HVALEN UTVIKLING AS
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Organization
- CEO
- JL
Jostein Liverød1998
- Chairman of the board
- TL
Thore Liverød1962
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 8,825,127
- NOK
- Annual total result 2024
- -3,285,775
- NOK
- Total equity 2024
- 96,715,541
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JL 1998 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TL 1962 | Chairman | 100 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TL 1962 | Chairman | 100 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 90,639Operating profit 2024: NOK -1,675,871Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 8,825,127 | 8,424,751 | 16,464,473 | 118,162,168 |
Annual Total Result | -3,285,775 | -3,499,802 | -5,084,381 | 10,686,841 |
Total assets | 234,476,080 | 235,657,516 | 241,738,774 | 250,267,204 |
Total liabilities | 137,760,539 | 135,656,200 | 138,237,656 | 197,149,345 |
Total equity | 96,715,541 | 100,001,317 | 103,501,118 | 53,117,859 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 8,825,127 | 8,424,751 | 16,464,473 | 118,162,168 |
Total operating costs | 5,272,698 | 5,546,125 | 15,526,081 | 100,836,208 |
Operating result | 3,552,429 | 2,878,626 | 938,392 | 17,325,961 |
Financial income/costs | -7,764,060 | -7,365,553 | -7,500,745 | -3,668,987 |
Profit before tax | -4,211,630 | -4,486,927 | -6,562,353 | 13,656,974 |
Total tax & extraordinary income/cost | -925,855 | -987,125 | -1,477,972 | 2,970,133 |
Annual Total Result | -3,285,775 | -3,499,802 | -5,084,381 | 10,686,841 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 229,175,915 | 226,274,198 | 226,190,937 | 222,653,096 |
Total current assets | 5,300,166 | 9,383,318 | 15,547,837 | 27,614,108 |
Total assets | 234,476,080 | 235,657,516 | 241,738,774 | 250,267,204 |
Short term debt | 1,873,845 | 2,656,200 | 2,998,186 | 24,072,269 |
Long term debt | 135,886,694 | 133,000,000 | 135,239,470 | 173,077,076 |
Total liabilities | 137,760,539 | 135,656,200 | 138,237,656 | 197,149,345 |
Contributed capital | 103,501,118 | 103,501,118 | 103,501,118 | 53,851,118 |
Retained earnings | -6,785,577 | -3,499,801 | 0 | -733,259 |
Total equity | 96,715,541 | 100,001,317 | 103,501,118 | 53,117,859 |
Total equity and liabilities | 234,476,080 | 235,657,516 | 241,738,774 | 250,267,204 |
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