Riskpilot← Back to searchSign inGet full accessKVASSHEIM ELEKTRO AS
ASActiveOrg 932146568Hagerups Vei 99, 5067 BergenElectrical installation · NACE 4321Est. 198719 employeeswww.kvassheim-elektro.no
Revenue 2024
NOK 24,9M
+2% vs 2023
EBITDA margin
8.4%
-8% vs 2023
Equity ratio
29.5%
Financial strength
Net profit 2024
NOK 1,5M
-8% vs 2023
| Revenue | NOK 24,9M | +2% |
| EBITDA | NOK 2,1M | -8% |
| Net profit | NOK 1,5M | -8% |
| Total assets | NOK 11,3M | +7% |
| Equity | NOK 3,3M | +5% |
| Employees | 19 | — |
Legal name
KVASSHEIM ELEKTRO AS
Org number
932146568
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
23. februar 1987
Share capital
NOK 222 000
Employees
19 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Address
Hagerups Vei 99, 5067 Bergen
Website
www.kvassheim-elektro.no
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 21 934 | 24 645 | 21 531 | 24 335 | 24 920 |
| Staff expenses | −10 218 | −10 968 | −9 600 | −9 909 | −10 116 |
| EBITDA | 1 213 | 2 185 | 602 | 2 273 | 2 098 |
| Depreciation & amort. | −144 | −154 | −141 | −135 | −138 |
| EBIT | 1 069 | 2 030 | 461 | 2 138 | 1 959 |
| Net financials | 6 | 15 | 13 | 9 | 24 |
| Profit before tax | 1 074 | 2 045 | 474 | 2 147 | 1 984 |
| Tax | 226 | 438 | 92 | 462 | 437 |
| Net profit | 849 | 1 608 | 382 | 1 686 | 1 546 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 7 973 | 9 005 | 9 458 | 10 508 | 11 292 |
| Equity | 2 113 | 2 521 | 2 902 | 3 188 | 3 334 |
| Long-term debt | 585 | 566 | 1 091 | 1 111 | 992 |
| Short-term debt | 5 125 | 5 768 | 5 315 | 6 059 | 6 816 |
| Total debt | 5 710 | 6 334 | 6 406 | 7 170 | 7 808 |
EBITDA margin
8.4%
This company
15.8%
Market median
-47% vs market
20202024
Equity ratio
29.5%
This company
38.2%
Market median
-23% vs market
20202024
Return on equity
46.4%
This company
18.4%
Market median
+152% vs market
20202024
Net profit margin
6.2%
This company
8.1%
Market median
-23% vs market
20202024
Asset turnover
2.21×
This company
1.12×
Market median
+97% vs market
20202024
Debt / equity
2.39×
This company
0.62×
Market median
-285% 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 (1) | ||
HK Chief Executive Officer | Chief Executive Officer | 2008 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Former (2) | ||
| Board of Directors | 2019 – 2025 | |
| Board of Directors | 2019 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 43.24% | 43.24% | 2024 | |
| Company | 41.89% | 41.89% | 2024 | |
| Company | 14.86% | 14.86% | 2024 |
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Mflesland Holding As
KVASSHEIM ELEKTRO AS Board members of KVASSHEIM ELEKTRO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Hallstein Kvassheim | Chief Executive Officer | 0 companies |
| Thorleif Haug | Chairman | 0 companies |
| Vidar Kvassheim | Board of Directors | 0 companies |
| Marius Flesland | Board of Directors | 0 companies |
| Harald Georg Løvstad | Board of Directors | 0 companies |