KVALNES RANCH AS
Keywords
round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips
Organization
- CEO
- JF
- Chairman of the board
- JF
- Years since formation
- 6 years
- since Jun 26, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 90,935
- NOK
- Annual total result 2024
- -57,062
- NOK
- Total equity 2024
- -185,017
- NOK
Last update: Jun 4, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JF | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
JF | Chairman | 50 % indirectly |
DM | Board Member | 50 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JF | Managing Director/CEO, Chairman | 50 % indirectly |
DM | Board Member | 50 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK 0Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 90,935 | 45,942 | 32,668 | 72,780 |
Annual Total Result | -57,062 | -49,888 | -41,284 | -56,841 |
Total assets | 80,578 | 130,315 | 160,189 | 230,048 |
Total liabilities | 265,595 | 263,839 | 244,461 | 266,685 |
Total equity | -185,017 | -133,526 | 0 | -36,638 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 90,935 | 45,942 | 32,668 | 72,780 |
Total operating costs | 139,184 | 88,179 | 67,265 | 124,390 |
Operating result | -48,249 | -42,237 | -34,597 | -51,610 |
Financial income/costs | -8,813 | -7,651 | -6,687 | -5,231 |
Profit before tax | -57,062 | -49,888 | -41,284 | -56,841 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -57,062 | -49,888 | -41,284 | -56,841 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 41,260 | 125,315 | 163,440 | 199,409 |
Total current assets | 39,318 | 5,000 | -3,251 | 30,639 |
Total assets | 80,578 | 130,315 | 160,189 | 230,048 |
Short term debt | 13,087 | 6,974 | 8,992 | 371 |
Long term debt | 252,508 | 256,865 | 235,469 | 266,314 |
Total liabilities | 265,595 | 263,839 | 244,461 | 266,685 |
Contributed capital | 30,000 | 24,430 | 0 | 30,000 |
Retained earnings | -215,017 | -157,956 | 0 | -66,638 |
Total equity | -185,017 | -133,526 | 0 | -36,638 |
Total equity and liabilities | 80,578 | 130,313 | 244,461 | 230,047 |
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
A
Main industrial area
Agriculture, forestry and fishing
02
Activity
Forestry and logging
02.2
Main industrial group
Logging
02.20
Industrial group
Logging
02.200
Industrial group
Logging