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Kvikne's Hotel AS
AS
Active
Org 976377370
Balestrand, 6899
Balestrand
Hotels and similar accommodation
·
NACE 5510
Est. 1995 · 30 years old
98 employees
Monitor
Share
Norway
/
Companies
/
Hotels and similar accommodation
/
Kvikne's Hotel AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
90M
67M
45M
22M
0M
2021: 31M
31M
2021
2022: 47M (+52% vs 2021)
47M
+52%
2022
2023: 56M (+19% vs 2022)
56M
+19%
2023
2024: 69M (+23% vs 2023)
69M
+23%
2024
2025: 72M (+4% vs 2024)
72M
+4%
2025
EBITDA
NOK millions
12M
9M
6M
3M
0M
2021: 5M
5M
2021
2022: 3M (-40% vs 2021)
3M
-40%
2022
2023: 6M (+100% vs 2022)
6M
+100%
2023
2024: 10M (+67% vs 2023)
10M
+67%
2024
2025: 9M (-10% vs 2024)
9M
-10%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
71 946
68 749
55 837
47 056
31 184
Staff expenses
−35 293
−32 125
−27 135
−23 506
−14 540
EBITDA
9 046
10 354
6 447
3 163
4 644
Depreciation & amort.
−4 085
−3 467
−3 420
−3 373
−3 349
EBIT
4 961
6 887
3 027
−210
1 295
Net financials
−2 806
−2 600
−2 666
−2 074
−1 448
Profit before tax
2 155
4 287
361
−2 284
−153
Tax
504
971
102
−487
−19
Net profit
1 651
3 317
259
−1 797
−134
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
93 649
81 310
75 379
73 999
79 239
Equity
18 433
16 782
13 466
13 207
15 004
Long-term debt
67 670
56 516
55 545
55 492
55 405
Short-term debt
6 831
7 318
5 527
4 296
7 729
Total debt
74 502
63 834
61 072
59 788
63 134
Financial ratios
5-year trend
EBITDA margin
12,6 %
This company
15,8 %
Market median
This company
Market median
20% below market
2021
2025
Equity ratio
19,7 %
This company
38,2 %
Market median
This company
Market median
48% below market
2021
2025
Return on equity
9,0 %
This company
18,4 %
Market median
This company
Market median
51% below market
2021
2025
Net profit margin
2,3 %
This company
8,1 %
Market median
This company
Market median
72% below market
2021
2025
Asset turnover
0,77×
This company
1,12×
Market median
This company
Market median
31% below market
2021
2025
Debt / equity
4,08×
This company
0,62×
Market median
This company
Market median
558% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Kvikne's Hotel AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network