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KVITÅVATN HYTTESERVICE AS
AS
Active
Org 918513841
Kvitåvatnlia 55, 3660 Rjukan
Site preparation · NACE 4312
Est. 2017
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 2,5M
+25% vs 2021
EBITDA margin
50.4%
+148% vs 2021
Equity ratio
42.8%
Financial strength
Net profit 2022
NOK 783K
+588% vs 2021
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2018
1M
+100%
2019
1M
0%
2020
1M
0%
2021
1M
0%
2022
Key figures
Annual report 2022
Revenue
NOK 2,5M
+25%
EBITDA
NOK 1,3M
+148%
Net profit
NOK 783K
+588%
Total assets
NOK 647K
-75%
Equity
NOK 277K
-57%
Employees
0
—
Company information
Legal name
KVITÅVATN HYTTESERVICE AS
Org number
918513841
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
6. februar 2017
Share capital
NOK 3 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Company purpose
Brøyting, strøing og vaktmestertjenester, samt entreprenørtjenester i den forbindelse.
Contact
Address
Kvitåvatnlia 55, 3660 Rjukan
Phone
+4748090358
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Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2018
2M
2019
2M
2020
2M
2021
3M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
1M
2019
1M
2020
1M
2021
1M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
1 875
2 308
1 968
2 028
2 537
Staff expenses
−888
−688
−760
−838
−758
EBITDA
438
823
700
517
1 279
Depreciation & amort.
−365
−385
−404
−308
−250
EBIT
73
438
296
209
1 029
Net financials
−59
−56
−51
−63
−26
Profit before tax
15
382
245
146
1 003
Tax
3
84
54
32
221
Net profit
11
298
191
114
783
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
2 818
2 480
2 319
2 542
647
Equity
142
440
531
644
277
Long-term debt
1 014
927
834
640
215
Short-term debt
1 662
1 113
954
1 258
155
Total debt
2 676
2 040
1 788
1 897
370
Financial ratios
5-year trend
EBITDA margin
50.4%
This company
15.8%
Market median
+219% vs market
2018
2022
Equity ratio
42.8%
This company
38.2%
Market median
+12% vs market
2018
2022
Return on equity
282.5%
This company
18.4%
Market median
+1435% vs market
2018
2022
Net profit margin
30.8%
This company
8.1%
Market median
+280% vs market
2018
2022
Asset turnover
3.92×
This company
1.12×
Market median
+250% vs market
2018
2022
Debt / equity
1.34×
This company
0.62×
Market median
-116% vs market
2018
2022
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KM
Knut Mogen Ørnes
Chairman
2017
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of KVITÅVATN HYTTESERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Knut Mogen Ørnes
Chairman
0 companies