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KREDITORFORENINGEN SØR AS
SA
Active
Org 979161085
Vestre Strandgate 42, 4612 Kristiansand S
Activities of collection agencies and credit bureaus · NACE 8291
Est. 1997
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 16M
-26% vs 2019
EBITDA margin
9.7%
-41% vs 2019
Equity ratio
17.0%
Financial strength
Net profit 2020
NOK 932K
-59% vs 2019
EBITDA — year on year
NOK millions
9M
7M
4M
2M
0M
3M
2016
1M
-67%
2017
7M
+600%
2018
3M
-57%
2019
2M
-33%
2020
Key figures
Annual report 2020
Revenue
NOK 16M
-26%
EBITDA
NOK 1,6M
-41%
Net profit
NOK 932K
-59%
Total assets
NOK 7,1M
-19%
Equity
NOK 1,2M
+334%
Employees
1
—
Company information
Legal name
KREDITORFORENINGEN SØR AS
Org number
979161085
Legal form
Samvirkeforetak
NACE code
8291 · Activities of collection agencies and credit bureaus
Founded
29. mai 1997
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Contact
Address
Vestre Strandgate 42, 4612 Kristiansand S
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Companies in Activities of collection agencies and credit bureaus
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
8M
17M
25M
33M
23M
2016
24M
2017
29M
2018
22M
2019
16M
2020
EBITDA
NOK millions
0M
2M
4M
6M
8M
3M
2016
1M
2017
7M
2018
3M
2019
2M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
22 910
23 630
29 129
21 511
16 013
Staff expenses
−8 963
−10 475
−9 965
−8 886
−7 217
EBITDA
2 506
996
6 822
2 625
1 557
Depreciation & amort.
−14
−25
−27
−27
−31
EBIT
2 493
971
6 794
2 597
1 526
Net financials
26
63
130
288
−299
Profit before tax
2 519
1 035
6 924
2 885
1 227
Tax
803
213
1 572
631
295
Net profit
1 716
821
5 352
2 254
932
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
9 108
9 646
17 155
8 752
7 120
Equity
4 351
5 172
6 524
279
1 211
Long-term debt
1 386
1 388
1 386
2
3 539
Short-term debt
3 371
3 086
9 245
8 471
2 371
Total debt
4 757
4 474
10 631
8 474
5 909
Financial ratios
5-year trend
EBITDA margin
9.7%
This company
15.8%
Market median
-39% vs market
2016
2020
Equity ratio
17.0%
This company
38.2%
Market median
-55% vs market
2016
2020
Return on equity
77.0%
This company
18.4%
Market median
+318% vs market
2016
2020
Net profit margin
5.8%
This company
8.1%
Market median
-28% vs market
2016
2020
Asset turnover
2.25×
This company
1.12×
Market median
+101% vs market
2016
2020
Debt / equity
4.88×
This company
0.62×
Market median
-687% vs market
2016
2020
Annual reports & filings
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
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (3)
BH
Bjørn Hagen
Deputy Member
Deputy Member
2020
ØS
Øyvind Sneve
Deputy Member
Deputy Member
2020
AF
Atle Frivold
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
JE
Jan Erik Myrvold
Chairman
2020
BG
Bjørn Grønnesby
Board of Directors
2020
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of KREDITORFORENINGEN SØR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørn Hagen
Deputy Member
0 companies
Øyvind Sneve
Deputy Member
0 companies
Atle Frivold
Chief Executive Officer
0 companies
Jan Erik Myrvold
Chairman
0 companies
Bjørn Grønnesby
Board of Directors
0 companies