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KYVIK INDUSTRIVAREHUSET AS
AS
Active
Org 858235472
Møllervegen 22, 5525 Haugesund
Wholesale of mining, construction and civil engineering machinery · NACE 4663
Est. 1990
47 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 203,5M
+15% vs 2023
EBITDA margin
6.6%
+26% vs 2023
Equity ratio
48.8%
Financial strength
Net profit 2024
NOK 8,5M
+40% vs 2023
EBITDA — year on year
NOK millions
18M
13M
9M
4M
0M
9M
2020
8M
-11%
2021
9M
+13%
2022
11M
+22%
2023
14M
+27%
2024
Key figures
Annual report 2024
Revenue
NOK 203,5M
+15%
EBITDA
NOK 13,5M
+26%
Net profit
NOK 8,5M
+40%
Total assets
NOK 81,5M
+7%
Equity
NOK 39,8M
+16%
Employees
47
—
Company information
Legal name
KYVIK INDUSTRIVAREHUSET AS
Org number
858235472
Legal form
Aksjeselskap
NACE code
4663 · Wholesale of mining, construction and civil engineering machinery
Founded
2. juli 1990
Share capital
NOK 111 000
Employees
47 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Møllervegen 22, 5525 Haugesund
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Companies in Wholesale of mining, construction and civil engineering machinery
Companies in Haugesund
All Norway companies
Revenue
NOK millions
0M
59M
117M
176M
235M
137M
2020
145M
2021
150M
2022
177M
2023
204M
2024
EBITDA
NOK millions
0M
4M
8M
12M
16M
9M
2020
8M
2021
9M
2022
11M
2023
14M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
136 904
144 650
149 995
177 253
203 524
Staff expenses
−23 652
−24 723
−26 110
−28 498
−31 922
EBITDA
8 825
8 441
8 786
10 755
13 525
Depreciation & amort.
−1 443
−1 875
−2 160
−2 047
−1 796
EBIT
7 381
6 566
6 626
8 708
11 729
Net financials
−183
−218
−361
−919
−830
Profit before tax
7 198
6 348
6 266
7 788
10 899
Tax
1 585
1 397
1 381
1 716
2 405
Net profit
5 613
4 950
4 884
6 073
8 494
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
59 003
64 093
70 370
76 358
81 541
Equity
24 416
27 366
30 251
34 323
39 817
Long-term debt
8 750
8 250
7 763
7 309
6 800
Short-term debt
25 837
28 476
32 356
34 726
34 924
Total debt
34 587
36 726
40 119
42 035
41 724
Financial ratios
5-year trend
EBITDA margin
6.6%
This company
15.8%
Market median
-58% vs market
2020
2024
Equity ratio
48.8%
This company
38.2%
Market median
+28% vs market
2020
2024
Return on equity
21.3%
This company
18.4%
Market median
+16% vs market
2020
2024
Net profit margin
4.2%
This company
8.1%
Market median
-48% vs market
2020
2024
Asset turnover
2.50×
This company
1.12×
Market median
+123% vs market
2020
2024
Debt / equity
1.05×
This company
0.62×
Market median
-69% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
HK
Helene Kyvik
Deputy Member
Deputy Member
2025
Former (1)
JA
John Arne Kyvik
Deputy Member
Deputy Member
2007 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TK
Thorleif Kyvik
Chairman
2007
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kyvik & Co As
Company
100%
100%
2024
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Company hierarchy
As Atlantis
Kyvik & Co As
KYVIK INDUSTRIVAREHUSET AS
(this company)
BYGG OG INDUSTRIGROSS NORGE AS
Board network connections
Board members of KYVIK INDUSTRIVAREHUSET AS also hold positions in
0
other companies.
Person
Role here
Other companies
Helene Kyvik
Deputy Member
0 companies
John Arne Kyvik
Deputy Member
0 companies
Thorleif Kyvik
Chairman
0 companies