Riskpilot← Back to searchSign inGet full accessKVERNELAND AS
ASActiveOrg 913661346Plogfabrikkvegen 1, 4353 Klepp StasjonManufacture of agricultural and forestry machinery · NACE 2830Est. 189469 employees
Revenue 2024
NOK 22,4M
EBITDA margin
-10.4%
Equity ratio
18.3%
Financial strength
Net profit 2024
NOK -12,6M
69 employees
| Revenue | NOK 22,4M | — |
| EBITDA | NOK -2,3M | — |
| Net profit | NOK -12,6M | — |
| Total assets | NOK 516,4M | — |
| Equity | NOK 94,5M | — |
| Employees | 69 | — |
Legal name
KVERNELAND AS
Org number
913661346
Legal form
Aksjeselskap
NACE code
2830 · Manufacture of agricultural and forestry machinery
Founded
21. desember 1894
Share capital
NOK 478 358 489
Employees
69 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Selskapets formål er utvikling, produksjon og salg av maskiner til landbruksbransjen og tilstøtende bransjer enten direkte eller gjennom aksjeeie, deltakelse i andre selskaper, finansinvesteringer og alt som dermed er forbundet.
Address
Plogfabrikkvegen 1, 4353 Klepp Stasjon
Phone
+4751429400
Email
contact@kvernelandgroup.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 19 673 | 21 019 | 22 887 | 0 | 22 416 |
| Staff expenses | −11 724 | −12 601 | −14 430 | −0 | −14 273 |
| EBITDA | −2 922 | −87 | −1 110 | 0 | −2 332 |
| Depreciation & amort. | −3 318 | −6 432 | −1 264 | −0 | −1 693 |
| EBIT | −6 240 | −6 519 | −2 374 | 0 | −4 025 |
| Net financials | 7 480 | 8 358 | 4 948 | 0 | −8 515 |
| Profit before tax | 1 240 | 1 839 | 2 574 | 0 | −12 540 |
| Tax | 35 | −124 | −0 | −0 | 17 |
| Net profit | 1 205 | 1 963 | 2 574 | 0 | −12 557 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 397 088 | 457 696 | 495 278 | — | 516 422 |
| Equity | 102 215 | 104 179 | 106 753 | — | 94 480 |
| Long-term debt | 290 | 0 | 0 | 0 | 0 |
| Short-term debt | 294 583 | 353 517 | 388 525 | 0 | 421 696 |
| Total debt | 294 873 | 353 517 | 388 525 | 0 | 421 696 |
EBITDA margin
-10.4%
This company
15.8%
Market median
-166% vs market
20202024
Equity ratio
18.3%
This company
38.2%
Market median
-52% vs market
20202024
Return on equity
-13.3%
This company
18.4%
Market median
-172% vs market
20202024
Net profit margin
-56.0%
This company
8.1%
Market median
-791% vs market
20202024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
4.47×
This company
0.62×
Market median
-621% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (8) | ||
BB Deputy Member | Deputy Member | 2022 |
AG Chief Executive Officer | Chief Executive Officer | 2024 |
EH Deputy Member | Deputy Member | 2024 |
MK Deputy Member | Deputy Member | 2025 |
JR Observer | Observer | 2025 |
OV Deputy Member | Deputy Member | 2022 |
AB Deputy Member | Deputy Member | 2025 |
AT Deputy Member | Deputy Member | 2024 |
| Former (17) | ||
ST Deputy Member | Deputy Member | 2024 – 2024 |
OV Deputy Member | Deputy Member | 2022 – 2024 |
KR Deputy Member | Deputy Member | 2022 – 2024 |
OM Deputy Member | Deputy Member | 2024 – 2025 |
AN Deputy Member | Deputy Member | 2024 – 2024 |
JM Deputy Member | Deputy Member | 2024 – 2024 |
TA Deputy Member | Deputy Member | 2022 – 2022 |
OS Observer | Observer | 2022 – 2022 |
JB Observer | Observer | 2024 – 2025 |
PV Deputy Member | Deputy Member | 2024 – 2025 |
AM Deputy Member | Deputy Member | 2024 – 2025 |
RV Deputy Member | Deputy Member | 2022 – 2024 |
SH Deputy Member | Deputy Member | 2022 – 2022 |
AS Observer | Observer | 2022 – 2024 |
EU Deputy Member | Deputy Member | 2022 – 2022 |
OO Deputy Member | Deputy Member | 2022 – 2022 |
SH Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (9) | ||
| Board of Directors | 2024 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Chairman | 2026 | |
| Chairman | 2024 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2022 | |
| Board of Directors | 2025 | |
| Former (8) | ||
| Board of Directors | 2021 – 2022 | |
| Chairman | 2022 – 2024 | |
| Board of Directors | 2020 – 2021 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2022 | |
| Board of Directors | 2020 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Kubota Holdings Europe B.V. | Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KVERNELAND AS 
KVERNELAND GROUP OPERATIONS NORWAY ASBoard members of KVERNELAND AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Srecko Trifunovic | Deputy Member | 0 companies |
| Ole Vegard Lima Sudmann | Deputy Member | 0 companies |
| Kent Ruben Isaksen Buås | Deputy Member | 0 companies |
| Bernhard Brunes | Deputy Member | 0 companies |
| Ole Marius Sollied | Deputy Member | 0 companies |
| Anita Nordmark | Deputy Member | 0 companies |
| Arild Gjerde | Chief Executive Officer | 0 companies |
| Einar Haugsland | Deputy Member | 0 companies |
| Marion Kvitvær | Deputy Member | 0 companies |
| Jan Martin Hetland | Deputy Member | 0 companies |
| Tor Apell Rovik | Deputy Member | 0 companies |
| Jerome Renoult | Observer | 0 companies |
| Otto Skurve | Observer | 0 companies |
| Jerome Benoit Yves Renoult | Observer | 0 companies |
| Oddvin Vigrestad | Deputy Member | 0 companies |
| Petter Vang | Deputy Member | 0 companies |
| Audun Middelthon-Bruer | Deputy Member | 0 companies |
| Rune Voll | Deputy Member | 0 companies |
| Anne-Kim Brastad Apell | Deputy Member | 0 companies |
| Svein Helge Skjørshammer | Deputy Member | 0 companies |
| Ann Theres Skretting | Deputy Member | 0 companies |
| Arild Steinsland | Observer | 0 companies |
| Eva Ueland | Deputy Member | 0 companies |
| Olav Ognedal | Deputy Member | 0 companies |
| Shingo Hanada | Chief Executive Officer | 0 companies |
| Karin Skretting | Board of Directors | 0 companies |
| Nobushige Ichikawa | Board of Directors | 0 companies |
| Nobuyuki Ishii | Chairman | 0 companies |
| Tor Magne Brunes | Board of Directors | 0 companies |
| Marieke Maris | Board of Directors | 0 companies |
| Shinichi Yamada | Chairman | 0 companies |
| Junji Ota | Board of Directors | 0 companies |
| Shin Toda | Board of Directors | 0 companies |
| Yasukazu Kamada | Chairman | 0 companies |
| Sven Einar Taksdal | Board of Directors | 0 companies |
| Kazunari Shimokawa | Board of Directors | 0 companies |
| Hideki Mori | Board of Directors | 0 companies |
| Einar Erga | Board of Directors | 0 companies |
| Henrik Sverre Hesselmann | Board of Directors | 0 companies |
| Kenneth Olsen | Board of Directors | 0 companies |
| Takehiro Ueda | Board of Directors | 0 companies |
| Bodil Barka | Board of Directors | 0 companies |