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KIKUT UTVIKLING AS
AS
Active
Org 976308824
Rundskogen 25, 3536 Noresund
Development of building projects · NACE 6812
Est. 1996
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 39K
EBITDA margin
273.7%
+199% vs 2023
Equity ratio
97.9%
Financial strength
Net profit 2024
NOK 108K
+195% vs 2023
EBITDA — year on year
NOK millions
11M
8M
6M
3M
0M
0M
2020
4M
+400%
2021
9M
+125%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 39K
—
EBITDA
NOK 107K
+199%
Net profit
NOK 108K
+195%
Total assets
NOK 1,2M
-9%
Equity
NOK 1,2M
+10%
Employees
0
—
Company information
Legal name
KIKUT UTVIKLING AS
Org number
976308824
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
21. februar 1996
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Reidar engebretsen
Company purpose
Kjøp, utvikling, salg og utleie av leiligheter og eiendommer som er regulert som turistanlegg.
Contact
Address
Rundskogen 25, 3536 Noresund
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Companies in Development of building projects
Companies in Krødsherad
All Norway companies
Revenue
NOK millions
0M
8M
16M
24M
32M
0M
2020
13M
2021
28M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
3M
5M
8M
10M
0M
2020
4M
2021
9M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
62
12 546
28 464
0
39
Staff expenses
−0
−342
−0
−0
−0
EBITDA
−214
3 824
9 050
−108
107
Depreciation & amort.
−17
−17
−17
−6
−0
EBIT
−231
3 807
9 033
−114
107
Net financials
1 492
−98
−0
1
0
Profit before tax
1 261
3 709
9 033
−113
108
Tax
277
966
1 848
−0
−0
Net profit
984
2 743
7 185
−113
108
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
31 873
23 779
9 867
1 290
1 178
Equity
−2 218
526
1 158
1 045
1 153
Long-term debt
6 850
0
0
0
0
Short-term debt
27 240
23 253
8 708
244
25
Total debt
34 090
23 253
8 708
244
25
Financial ratios
5-year trend
EBITDA margin
273.7%
This company
15.8%
Market median
+1632% vs market
2020
2024
Equity ratio
97.9%
This company
38.2%
Market median
+156% vs market
2020
2024
Return on equity
9.3%
This company
18.4%
Market median
-49% vs market
2020
2024
Net profit margin
274.5%
This company
8.1%
Market median
+3289% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
0.02×
This company
0.62×
Market median
+97% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RE
Reidar Engebretsen
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Suninvest As
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Suninvest As
KIKUT UTVIKLING AS
(this company)
Board network connections
Board members of KIKUT UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Reidar Engebretsen
Chairman
0 companies