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MORTEN KVAL AS
AS
Active
Org 980395952
Saksumdal, 2608 Lillehammer
Site preparation · NACE 4312
Est. 1998
9 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,4M
-14% vs 2023
EBITDA margin
1.8%
-85% vs 2023
Equity ratio
69.2%
Financial strength
Net profit 2024
NOK -96K
-112% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
2M
+200%
2021
0M
-100%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 11,4M
-14%
EBITDA
NOK 208K
-85%
Net profit
NOK -96K
-112%
Total assets
NOK 6,4M
-14%
Equity
NOK 4,4M
-2%
Employees
9
—
Company information
Legal name
MORTEN KVAL AS
Org number
980395952
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
22. desember 1998
Share capital
NOK 500 000
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Saksumdal, 2608 Lillehammer
Phone
+4761265046
Email
mokva@online.no
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Companies in Site preparation
Companies in Lillehammer
All Norway companies
Revenue
NOK millions
0M
4M
8M
12M
16M
11M
2020
14M
2021
11M
2022
13M
2023
11M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
2M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
10 504
13 525
10 953
13 335
11 447
Staff expenses
−4 241
−4 602
−4 521
−5 027
−4 762
EBITDA
475
1 668
−256
1 380
208
Depreciation & amort.
−178
−203
−265
−311
−295
EBIT
297
1 465
−521
1 069
−86
Net financials
−9
−6
−8
−10
−13
Profit before tax
288
1 459
−529
1 059
−99
Tax
64
321
−116
232
−3
Net profit
224
1 138
−413
827
−96
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
5 894
7 069
5 865
7 396
6 394
Equity
2 970
4 108
3 695
4 522
4 426
Long-term debt
101
71
45
48
45
Short-term debt
2 823
2 890
2 125
2 826
1 923
Total debt
2 924
2 961
2 170
2 874
1 968
Financial ratios
5-year trend
EBITDA margin
1.8%
This company
15.8%
Market median
-89% vs market
2020
2024
Equity ratio
69.2%
This company
38.2%
Market median
+81% vs market
2020
2024
Return on equity
-2.2%
This company
18.4%
Market median
-112% vs market
2020
2024
Net profit margin
-0.8%
This company
8.1%
Market median
-110% vs market
2020
2024
Asset turnover
1.79×
This company
1.12×
Market median
+60% vs market
2020
2024
Debt / equity
0.44×
This company
0.62×
Market median
+29% 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
Name
Role
Member since
Current (2)
MR
Morten Roland Kval
Chief Executive Officer
Chief Executive Officer
1999
HI
Hans Ingvald Børli
Deputy Member
Deputy Member
1999
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
M E Kval Holding As
Company
100%
100%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MORTEN KVAL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Roland Kval
Chief Executive Officer
0 companies
Hans Ingvald Børli
Deputy Member
0 companies