KVALA INDUSTRISERVICE AS • 915614086 • Haugesund • Manufacture of fabricated metal products, except machinery and equipment

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Industry and manufacturing

/ 25.620 Machining

KVALA INDUSTRISERVICE AS

Keywords

drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing

Organization

CEO: KM
Kestutis Miskinis1976
Chairman of the board: TH
Tor Hagland1946
Years since formation: 10 years; since Jul 2, 2015
Type: Limited company
VAT registered: Yes
Number of employees: 19

Ownership

Number of shares and share classes: 200; 1 share class
Total number of shareholders: 2; 1 company, 1 person

Financials

Total operating income 2023: 10,626,004; NOK
Annual total result 2023: 738,852; NOK
Total equity 2023: 3,445,242; NOK

Last update: Mar 12, 2025

Management

Management / administration

Name	Role	Shares
KM Kestutis Miskinis 1976	Managing Director/CEO	50 % directly

Board

Name	Role	Shares
TH Tor Hagland 1946	Chairman	5.67 % indirectly
EJ Einar Jensen 1970	Board Member	14 % indirectly
KM Kestutis Miskinis 1976	Board Member	50 % directly

Others

Name	Role	Shares
M MARION DEGERSTRØM	Auditor	-
H HAGLAND FINANS AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KM Kestutis Miskinis 1976	Managing Director/CEO, Board Member	50 % directly
EJ Einar Jensen 1970	Board Member	14 % indirectly
HH Håkon Hagen 1948	-	12.33 % indirectly
JJ Jarmo Juhani Aaltonen 1958	-	12.33 % indirectly
TH Tor Hagland 1946	Chairman	5.67 % indirectly
MA Mika Alexander Aaltonen 1994	-	1.33 % indirectly
MC Maria Christina Fanebust 1947	-	1 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
J JARMO AS	Ordinary shares	100	50 %
KM Kestutis Miskinis 1976	Ordinary shares	100	50 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	10,626,004	10,565,698	7,263,392
Annual Total Result	738,852	916,165	759,909
Total assets	6,278,524	4,827,972	3,184,222
Total liabilities	2,833,282	2,121,582	1,393,997
Total equity	3,445,242	2,706,390	1,790,225

P&L

Year	2023	2022	2021
Total operating income	10,626,004	10,565,698	7,263,392
Total operating costs	9,718,791	9,393,177	6,454,733
Operating result	907,213	1,172,521	808,660
Financial income/costs	37,378	-113	-221
Profit before tax	944,591	1,172,408	808,439
Total tax & extraordinary income/cost	205,739	256,243	48,530
Annual Total Result	738,852	916,165	759,909

Balance overview

Year	2023	2022	2021
Total fixed assets	2,330,080	438,213	244,113
Total current assets	3,948,444	4,389,759	2,940,109
Total assets	6,278,524	4,827,972	3,184,222
Short term debt	2,832,080	2,121,582	1,393,997
Long term debt	1,202	0	0
Total liabilities	2,833,282	2,121,582	1,393,997
Contributed capital	200,000	200,000	200,000
Retained earnings	3,245,242	2,506,390	1,590,225
Total equity	3,445,242	2,706,390	1,790,225
Total equity and liabilities	6,278,524	4,827,972	3,184,222

Classification

Category

Industry and manufacturing

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

C

Main industrial area

Manufacturing

25

Activity

Manufacture of fabricated metal products, except machinery and equipment

25.6

Main industrial group

Treatment and coating of metals; machining

25.62

Industrial group

Machining

25.620

Industrial group

Machining