ERLING ARNFINN KVÅL AS • 998069378 • Elvarli • Specialised construction activities

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/ Contractor activities

/ 43.120 Site preparation

ERLING ARNFINN KVÅL AS

Keywords

preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work

Organization

CEO: EA
Erling Arnfinn Kvål1951
Chairman of the board: EA
Erling Arnfinn Kvål1951
Years since formation: 13 years; since Mar 8, 2012
Type: Limited company
VAT registered: Yes
Number of employees: 17

Ownership

Number of shares and share classes: 5,000; 1 share class
Total number of shareholders: 2; 1 company, 1 person
Belongs to group of

Financials

Total operating income 2024: 24,538,364; NOK
Annual total result 2024: 262,604; NOK
Total equity 2024: 14,145,407; NOK

Last update: Jul 30, 2025

Management

Management / administration

Name	Role	Shares
EA Erling Arnfinn Kvål 1951	Managing Director/CEO	9 % directly

Board

Name	Role	Shares
EA Erling Arnfinn Kvål 1951	Chairman	9 % directly
KE Kjell Erlend Kvål 1984	Board Member	91 % indirectly

Others

Name	Role	Shares
M MAGNAR GRENDAL	Auditor	-
S SPAREBANK 1 REGNSKAPSHUSET SMN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KE Kjell Erlend Kvål 1984	Board Member	91 % indirectly
EA Erling Arnfinn Kvål 1951	Managing Director/CEO, Chairman	9 % directly

Last update: Nov 21, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KEK AS	Ordinary shares	4,550	91 %
EA Erling Arnfinn Kvål 1951	Ordinary shares	450	9 %

Last update: Jun 2, 2025

Group structure

KEK AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -34,400
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	24,538,364	26,920,406	30,912,142	28,111,421
Annual Total Result	262,604	143,554	508,820	650,036
Total assets	28,050,491	24,693,293	23,002,083	23,268,363
Total liabilities	13,905,083	10,810,489	9,262,833	10,037,934
Total equity	14,145,407	13,882,803	13,739,250	13,230,429

P&L

Year	2024	2023	2022	2021
Total operating income	24,538,364	26,920,406	30,912,142	28,111,421
Total operating costs	23,899,239	26,686,499	30,230,521	27,261,302
Operating result	639,125	233,907	681,621	850,119
Financial income/costs	-302,454	-47,708	-29,288	-16,739
Profit before tax	336,672	186,198	652,333	833,380
Total tax & extraordinary income/cost	74,068	42,644	143,513	183,344
Annual Total Result	262,604	143,554	508,820	650,036

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	14,752,637	14,639,934	11,675,925	10,836,489
Total current assets	13,297,854	10,053,359	11,326,158	12,431,875
Total assets	28,050,491	24,693,293	23,002,083	23,268,363
Short term debt	5,966,096	3,674,316	5,168,959	5,737,478
Long term debt	7,938,988	7,136,174	4,093,874	4,300,456
Total liabilities	13,905,083	10,810,489	9,262,833	10,037,934
Contributed capital	1,000,000	1,000,000	1,000,000	1,000,000
Retained earnings	13,145,407	12,882,803	12,739,250	12,230,429
Total equity	14,145,407	13,882,803	13,739,250	13,230,429
Total equity and liabilities	28,050,490	24,693,292	23,002,083	23,268,364

Classification

Category

/ Contractor activities

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

F

Main industrial area

Construction

43

Activity

Specialised construction activities

43.1

Main industrial group

Demolition and site preparation

43.12

Industrial group

Site preparation

43.120

Industrial group

Site preparation