KVASSNESVEGEN UTVIKLING AS
Organization
- CEO
- ML
May Linn Vestvik1986
- Chairman of the board
- SS
Sverre Stræth1979
- Years since formation
- 19 years
- since Dec 9, 2006
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,600
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Annual total result 2024
- 25,664
- NOK
- Total equity 2024
- 37,614,180
- NOK
Last update: Sep 18, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ML 1986 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
RV 1965 | Alternate Member | - |
SS 1979 | Chairman | - |
BL | Board Member | - |
JP 1978 | Board Member | - |
EN 1963 | Board Member | - |
KL | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: May 10, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 800 | 50 % | |
| Ordinary shares | 800 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 121,019 |
Annual Total Result | 25,664 | -1,781,190 | -1,268,226 | 135,004 |
Total assets | 38,751,670 | 40,094,307 | 27,567,391 | 26,920,179 |
Total liabilities | 1,137,489 | 2,505,791 | 33,088,886 | 31,173,447 |
Total equity | 37,614,180 | 37,588,516 | -5,521,494 | -4,253,268 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 121,019 |
Total operating costs | 127,838 | 118,434 | 78,256 | -625,378 |
Operating result | -127,838 | -118,434 | -78,256 | 746,397 |
Financial income/costs | 153,502 | -1,662,756 | -1,189,970 | -611,393 |
Profit before tax | 25,664 | -1,781,190 | -1,268,226 | 135,004 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 25,664 | -1,781,190 | -1,268,226 | 135,004 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 35,428,648 | 30,048,244 | 27,514,961 | 26,840,849 |
Total current assets | 3,323,021 | 10,046,063 | 52,431 | 79,330 |
Total assets | 38,751,670 | 40,094,307 | 27,567,391 | 26,920,179 |
Short term debt | 1,137,489 | 2,505,791 | 72,849 | 249,203 |
Long term debt | 0 | 0 | 33,016,036 | 30,924,244 |
Total liabilities | 1,137,489 | 2,505,791 | 33,088,886 | 31,173,447 |
Contributed capital | 37,614,180 | 50,991,200 | 6,100,000 | 6,100,000 |
Retained earnings | 0 | -13,402,684 | -11,621,494 | -10,353,268 |
Total equity | 37,614,180 | 37,588,516 | -5,521,494 | -4,253,268 |
Total equity and liabilities | 38,751,670 | 40,094,307 | 27,567,391 | 26,920,179 |
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