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KIVLE MAT AS
AS
Active
Org 983668259
Frydensborgveien 4A, 3772 Kragerø
Non-specialised retail sale of predominately food, beverages or tobacco · NACE 4711
Est. 2001
12 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,9M
-74% vs 2023
EBITDA margin
-16.1%
+28% vs 2023
Equity ratio
66.9%
Financial strength
Net profit 2024
NOK -2M
+73% vs 2023
EBITDA — year on year
NOK millions
1M
0M
-1M
-3M
-4M
1M
2020
0M
-100%
2021
-3M
-300%
2022
-2M
+33%
2023
-1M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 6,9M
-74%
EBITDA
NOK -1,1M
+28%
Net profit
NOK -2M
+73%
Total assets
NOK 5M
-58%
Equity
NOK 3,4M
+41%
Employees
12
—
Company information
Legal name
KIVLE MAT AS
Org number
983668259
Legal form
Aksjeselskap
NACE code
4711 · Non-specialised retail sale of predominately food, beverages or tobacco
Founded
12. september 2001
Share capital
NOK 2 300 000
Employees
12 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Dagligvareforretning, samt alt som står i forbindelse med dette, herunder også å kunne delta i andre selskaper.
Contact
Address
Frydensborgveien 4A, 3772 Kragerø
Phone
+4735989070
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Explore
Companies in Non-specialised retail sale of predominately food, beverages or tobacco
Companies in Kragerø
All Norway companies
Revenue
NOK millions
0M
8M
17M
25M
33M
29M
2020
27M
2021
27M
2022
26M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
-3M
2022
-2M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
28 787
27 432
26 887
25 897
6 858
Staff expenses
−4 481
−4 010
−5 130
−5 125
−2 202
EBITDA
900
479
−2 663
−1 531
−1 105
Depreciation & amort.
−158
−412
−637
−5 770
−838
EBIT
742
67
−3 300
−7 301
−1 943
Net financials
−1
−5
−6
−5
−9
Profit before tax
741
62
−3 306
−7 306
−1 951
Tax
163
15
−724
−0
−0
Net profit
578
47
−2 582
−7 305
−1 951
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
5 401
5 107
15 279
11 917
5 007
Equity
2 784
2 831
3 256
2 373
3 351
Long-term debt
0
700
10 208
7 451
1 429
Short-term debt
2 617
1 576
1 815
2 093
226
Total debt
2 617
2 276
12 022
9 544
1 656
Financial ratios
5-year trend
EBITDA margin
-16.1%
This company
15.8%
Market median
-202% vs market
2020
2024
Equity ratio
66.9%
This company
38.2%
Market median
+75% vs market
2020
2024
Return on equity
-58.2%
This company
18.4%
Market median
-416% vs market
2020
2024
Net profit margin
-28.5%
This company
8.1%
Market median
-452% vs market
2020
2024
Asset turnover
1.37×
This company
1.12×
Market median
+22% vs market
2020
2024
Debt / equity
0.49×
This company
0.62×
Market median
+21% 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 (4)
HB
Herleif Bergh-Nilsen
Board of Directors
2021
TH
Torgeir Herlofsen
Board of Directors
2021
IK
Ingeborg Kivle
Board of Directors
2021
SK
Sigmund Kivle
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vestmar Holding As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Kjøpmannshuset Butikkdrift As
Ng Spar Vestfold Telemark As
Vestmar Holding As
KIVLE MAT AS
(this company)
Board network connections
Board members of KIVLE MAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Herleif Bergh-Nilsen
Board of Directors
0 companies
Torgeir Herlofsen
Board of Directors
0 companies
Ingeborg Kivle
Board of Directors
0 companies
Sigmund Kivle
Chairman
0 companies