Riskpilot← Back to searchSign inGet full accessKVIKNE'S HOTEL AS
ASActiveOrg 976377370Balestrand, 6899 BalestrandHotels and similar accommodation · NACE 5510Est. 199529 employees
Revenue 2025
NOK 71,9M
+5% vs 2024
EBITDA margin
12.6%
-13% vs 2024
Equity ratio
19.7%
Financial strength
Net profit 2025
NOK 1,7M
-50% vs 2024
| Revenue | NOK 71,9M | +5% |
| EBITDA | NOK 9M | -13% |
| Net profit | NOK 1,7M | -50% |
| Total assets | NOK 93,6M | +15% |
| Equity | NOK 18,4M | +10% |
| Employees | 29 | — |
Legal name
KVIKNE'S HOTEL AS
Org number
976377370
Legal form
Aksjeselskap
NACE code
5510 · Hotels and similar accommodation
Founded
20. desember 1995
Share capital
NOK 168 000
Employees
29 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Address
Balestrand, 6899 Balestrand
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 31 184 | 47 056 | 55 837 | 68 749 | 71 946 |
| Staff expenses | −14 540 | −23 506 | −27 135 | −32 125 | −35 293 |
| EBITDA | 4 644 | 3 163 | 6 447 | 10 354 | 9 046 |
| Depreciation & amort. | −3 349 | −3 373 | −3 420 | −3 467 | −4 085 |
| EBIT | 1 295 | −210 | 3 027 | 6 887 | 4 961 |
| Net financials | −1 448 | −2 074 | −2 666 | −2 600 | −2 806 |
| Profit before tax | −153 | −2 284 | 361 | 4 287 | 2 155 |
| Tax | −19 | −487 | 102 | 971 | 504 |
| Net profit | −134 | −1 797 | 259 | 3 317 | 1 651 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 79 239 | 73 999 | 75 379 | 81 310 | 93 649 |
| Equity | 15 004 | 13 207 | 13 466 | 16 782 | 18 433 |
| Long-term debt | 55 405 | 55 492 | 55 545 | 56 516 | 67 670 |
| Short-term debt | 7 729 | 4 296 | 5 527 | 7 318 | 6 831 |
| Total debt | 63 134 | 59 788 | 61 072 | 63 834 | 74 502 |
EBITDA margin
12.6%
This company
15.8%
Market median
-20% vs market
20212025
Equity ratio
19.7%
This company
38.2%
Market median
-48% vs market
20212025
Return on equity
9.0%
This company
18.4%
Market median
-51% vs market
20212025
Net profit margin
2.3%
This company
8.1%
Market median
-72% vs market
20212025
Asset turnover
0.77×
This company
1.12×
Market median
-31% vs market
20212025
Debt / equity
4.08×
This company
0.62×
Market median
-558% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
SK Chief Executive Officer | Chief Executive Officer | 1996 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2024 | |
| Board of Directors | 2014 | |
| Chairman | 2024 | |
| Board of Directors | 2014 | |
| Former (1) | ||
| Chairman | 2014 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 19.05% | 19.05% | 2024 | |
| Individual | 5.95% | 5.95% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KVIKNE'S HOTEL AS 
KUNSTBYGDA BALESTRAND ASBoard members of KVIKNE'S HOTEL AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sigurd Kvikne | Chief Executive Officer | 0 companies |
| Børre Henning Pedersen Berglund | Board of Directors | 0 companies |
| Marta Kvikne | Board of Directors | 0 companies |
| Rasmus Asle Sandnes | Chairman | 0 companies |
| Kari Kvikne | Board of Directors | 0 companies |
| Sigmund Thue | Chairman | 0 companies |