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KITTILSVIKEN SKOG AS
AS
Active
Org 982085667
Hallingdalsvegen 1043, 3539 Flå
Logging · NACE 0220
Est. 2000
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7M
+87% vs 2023
EBITDA margin
18.5%
+394% vs 2023
Equity ratio
75.0%
Financial strength
Net profit 2024
NOK 882K
+314% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
0M
-100%
2021
2M
+200%
2022
0M
-100%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 7M
+87%
EBITDA
NOK 1,3M
+394%
Net profit
NOK 882K
+314%
Total assets
NOK 4,5M
+36%
Equity
NOK 3,4M
+36%
Employees
3
—
Company information
Legal name
KITTILSVIKEN SKOG AS
Org number
982085667
Legal form
Aksjeselskap
NACE code
0220 · Logging
Founded
20. juni 2000
Share capital
NOK 100 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Skogsdrift.
Contact
Address
Hallingdalsvegen 1043, 3539 Flå
Phone
+4794115703
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Companies in Logging
Companies in Flå
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
3M
2020
3M
2021
6M
2022
4M
2023
7M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
0M
2021
2M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 607
3 067
6 025
3 726
6 980
Staff expenses
−348
−1 004
−1 160
−1 323
−1 409
EBITDA
766
427
2 186
−439
1 290
Depreciation & amort.
−608
−395
−44
−91
−134
EBIT
158
31
2 142
−529
1 156
Net financials
−55
−24
−1
0
−25
Profit before tax
103
7
2 142
−529
1 131
Tax
23
2
471
−116
249
Net profit
81
6
1 671
−413
882
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 195
2 064
4 058
3 306
4 489
Equity
1 221
1 227
2 897
2 485
3 367
Long-term debt
233
55
300
183
201
Short-term debt
741
782
861
638
921
Total debt
974
837
1 161
821
1 122
Financial ratios
5-year trend
EBITDA margin
18.5%
This company
15.8%
Market median
+17% vs market
2020
2024
Equity ratio
75.0%
This company
38.2%
Market median
+96% vs market
2020
2024
Return on equity
26.2%
This company
18.4%
Market median
+42% vs market
2020
2024
Net profit margin
12.6%
This company
8.1%
Market median
+56% vs market
2020
2024
Asset turnover
1.55×
This company
1.12×
Market median
+38% vs market
2020
2024
Debt / equity
0.33×
This company
0.62×
Market median
+47% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EK
Erling Kittilsviken
Chairman
2021
Former (1)
AK
Amund Kittilsviken
Board of Directors
2015 – 2021
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of KITTILSVIKEN SKOG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Amund Kittilsviken
Board of Directors
0 companies
Erling Kittilsviken
Chairman
0 companies