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Kelvin Group AS
AS
Active
Org 895734942
Hegdehaugsveien 24, 0352
Oslo
Industrial product and fashion design activities
·
NACE 7411
Est. 2010 · 15 years old
14 employees
www.kelvinlight.com
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Norway
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Companies
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Industrial product and fashion design activities
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Kelvin Group AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
20M
15M
10M
5M
0M
2020: 11M
11M
2020
2021: 9M (-18% vs 2020)
9M
-18%
2021
2022: 15M (+67% vs 2021)
15M
+67%
2022
2023: 14M (-7% vs 2022)
14M
-7%
2023
2024: 16M (+14% vs 2023)
16M
+14%
2024
EBITDA
NOK millions
8M
0M
-7M
-14M
-22M
2020: 2M
2M
2020
2021: -2M (-200% vs 2020)
-2M
-200%
2021
2022: -4M (-100% vs 2021)
-4M
-100%
2022
2023: -8M (-100% vs 2022)
-8M
-100%
2023
2024: -16M (-100% vs 2023)
-16M
-100%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
16 181
14 085
14 639
9 444
10 682
Staff expenses
−5 274
−2 131
−2 178
−1 578
−965
EBITDA
−15 738
−7 589
−3 641
−1 518
1 908
Depreciation & amort.
−13 852
−9 998
−5 118
−1 266
−596
EBIT
−29 590
−17 586
−8 759
−2 783
1 312
Net financials
−1 638
−1 032
−538
−374
−951
Profit before tax
−31 228
−18 619
−9 297
−3 157
361
Tax
−0
−0
−0
−0
−0
Net profit
−31 228
−18 619
−9 297
−3 157
−4 701
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
45 553
44 984
41 257
31 362
14 788
Equity
13 184
24 002
24 701
17 306
493
Long-term debt
1 636
6 836
6 464
7 533
8 700
Short-term debt
30 733
14 146
10 092
6 523
5 595
Total debt
32 369
20 982
16 556
14 056
14 295
Financial ratios
5-year trend
EBITDA margin
−97,3 %
This company
15,8 %
Market median
This company
Market median
716% below market
2020
2024
Equity ratio
28,9 %
This company
38,2 %
Market median
This company
Market median
24% below market
2020
2024
Return on equity
−236,9 %
This company
18,4 %
Market median
This company
Market median
>999% below market
2020
2024
Net profit margin
−193,0 %
This company
8,1 %
Market median
This company
Market median
>999% below market
2020
2024
Asset turnover
0,36×
This company
1,12×
Market median
This company
Market median
68% below market
2020
2024
Debt / equity
2,46×
This company
0,62×
Market median
This company
Market median
297% above 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
More on Kelvin Group AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
