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KVÅLKROKEN 20 AS
AS
Active
Org 923767258
Kvålkroken 6, 4323 Sandnes
Rental and operating of own or leased real estate · NACE 6820
Est. 2019
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 920K
+10% vs 2023
EBITDA margin
75.3%
+95% vs 2023
Equity ratio
24.0%
Financial strength
Net profit 2024
NOK 429K
+126% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
1M
+100%
2022
0M
-100%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 920K
+10%
EBITDA
NOK 693K
+95%
Net profit
NOK 429K
+126%
Total assets
NOK 3,9M
+1%
Equity
NOK 932K
+14%
Employees
0
—
Company information
Legal name
KVÅLKROKEN 20 AS
Org number
923767258
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
5. november 2019
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Drift av fast eiendom samt hva hermed følger med.
Contact
Address
Kvålkroken 6, 4323 Sandnes
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Sandnes
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
1M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
637
662
838
920
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−3
458
521
355
693
Depreciation & amort.
−0
−122
−84
−111
−142
EBIT
−3
336
437
243
551
Net financials
0
0
−1
0
−1
Profit before tax
−3
336
436
244
550
Tax
−0
72
96
54
121
Net profit
−3
264
340
190
429
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
21
3 767
3 909
3 860
3 884
Equity
21
285
625
815
932
Long-term debt
0
3 442
3 278
2 987
2 834
Short-term debt
0
40
6
58
117
Total debt
0
3 481
3 284
3 045
2 952
Financial ratios
5-year trend
EBITDA margin
75.3%
This company
15.8%
Market median
+377% vs market
2020
2024
Equity ratio
24.0%
This company
38.2%
Market median
-37% vs market
2020
2024
Return on equity
46.0%
This company
18.4%
Market median
+150% vs market
2020
2024
Net profit margin
46.6%
This company
8.1%
Market median
+475% vs market
2020
2024
Asset turnover
0.24×
This company
1.12×
Market median
-79% vs market
2020
2024
Debt / equity
3.17×
This company
0.62×
Market median
-411% 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
Former (1)
KR
Kjell Reidar Todnem
Chief Executive Officer
Chief Executive Officer
2019 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SE
Sven Egil Tjørhom
Chairman
2022
Former (2)
BA
Bente Aase Todnem
Chairman
2021 – 2022
MT
Magnus Todnem
Board of Directors
2021 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Z Holding As
Company
100%
100%
2024
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Company hierarchy
Z Holding As
KVÅLKROKEN 20 AS
(this company)
Board network connections
Board members of KVÅLKROKEN 20 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjell Reidar Todnem
Chief Executive Officer
0 companies
Sven Egil Tjørhom
Chairman
0 companies
Bente Aase Todnem
Chairman
0 companies
Magnus Todnem
Board of Directors
0 companies