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FOLKESTAD KVV SERVICE AS
AS
Active
Org 978670849
Vaskebergvegen 1, 3802 Bø I Telemark
Engroshandel med elektriske husholdningsapparater og -maskiner · NACE 46431
Est. 1997
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 5,5M
+21% vs 2022
EBITDA margin
-15.6%
-395% vs 2022
Equity ratio
72.2%
Financial strength
Net profit 2023
NOK -946K
-224% vs 2022
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
-1M
-100%
2023
Key figures
Annual report 2023
Revenue
NOK 5,5M
+21%
EBITDA
NOK -863K
-395%
Net profit
NOK -946K
-224%
Total assets
NOK 1,8M
-47%
Equity
NOK 1,3M
-43%
Employees
1
—
Company information
Legal name
FOLKESTAD KVV SERVICE AS
Org number
978670849
Legal form
Aksjeselskap
NACE code
46431 · Engroshandel med elektriske husholdningsapparater og -maskiner
Founded
1. juli 1997
Share capital
NOK 157 895
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Contact
Address
Vaskebergvegen 1, 3802 Bø I Telemark
Phone
+4735061111
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Companies in Engroshandel med elektriske husholdningsapparater og -maskiner
Companies in Midt-Telemark
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
7M
2019
7M
2020
5M
2021
5M
2022
6M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
-1M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
6 774
7 259
5 429
4 587
5 546
Staff expenses
−1 670
−1 716
−1 790
−1 626
−1 588
EBITDA
236
478
205
−174
−863
Depreciation & amort.
−7
−73
−80
−80
−81
EBIT
229
405
125
−254
−944
Net financials
−6
−2
−1
−1
−2
Profit before tax
223
403
124
−255
−946
Tax
49
89
27
37
−0
Net profit
174
314
96
−292
−946
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
3 253
3 366
3 476
3 304
1 756
Equity
2 095
2 409
2 506
2 213
1 268
Long-term debt
0
0
0
0
0
Short-term debt
1 158
956
970
1 090
489
Total debt
1 158
956
970
1 090
489
Financial ratios
5-year trend
EBITDA margin
-15.6%
This company
15.8%
Market median
-199% vs market
2019
2023
Equity ratio
72.2%
This company
38.2%
Market median
+89% vs market
2019
2023
Return on equity
-74.6%
This company
18.4%
Market median
-505% vs market
2019
2023
Net profit margin
-17.1%
This company
8.1%
Market median
-311% vs market
2019
2023
Asset turnover
3.16×
This company
1.12×
Market median
+182% vs market
2019
2023
Debt / equity
0.39×
This company
0.62×
Market median
+37% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
GK
Gunnar Kleppen
Board of Directors
2024
HF
Helge Folkestad
Chairman
2024
Former (1)
ES
Eva Strømstad Folkestad
Board of Directors
1998 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Folkestad Holding As
Company
76%
76%
2023
Gunnar Kleppen As
Company
19%
19%
2023
Kolfinn Isene
Individual
5%
5%
2023
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FOLKESTAD KVV SERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eva Strømstad Folkestad
Board of Directors
0 companies
Gunnar Kleppen
Board of Directors
0 companies
Helge Folkestad
Chairman
0 companies