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KVAM ELEKTRO AS
AS
Active
Org 984274335
Hardangerfjordvegen 642, 5610 Øystese
Retail sale of electrical household appliances · NACE 4754
Est. 2002
18 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 28,3M
-1% vs 2023
EBITDA margin
2.6%
-31% vs 2023
Equity ratio
70.2%
Financial strength
Net profit 2024
NOK 557K
-82% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 28,3M
-1%
EBITDA
NOK 732K
-31%
Net profit
NOK 557K
-82%
Total assets
NOK 17,4M
+3%
Equity
NOK 12,2M
-1%
Employees
18
—
Company information
Legal name
KVAM ELEKTRO AS
Org number
984274335
Legal form
Aksjeselskap
NACE code
4754 · Retail sale of electrical household appliances
Founded
6. mars 2002
Share capital
NOK 250 000
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styreleiar åleine.
Company purpose
Elektrisk installasjon samt varehandel med elektriske produkter og lignende.
Contact
Address
Hardangerfjordvegen 642, 5610 Øystese
Phone
+4756550000
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Explore
Companies in Retail sale of electrical household appliances
Companies in Kvam
All Norway companies
Revenue
NOK millions
0M
8M
16M
24M
32M
28M
2020
26M
2021
28M
2022
28M
2023
28M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
28 333
26 223
27 941
28 444
28 282
Staff expenses
−8 466
−6 805
−7 682
−7 680
−7 718
EBITDA
171
1 380
851
1 056
732
Depreciation & amort.
−430
−250
−205
−114
−97
EBIT
−259
1 130
646
943
635
Net financials
−65
−19
44
2 439
64
Profit before tax
−324
1 112
689
3 381
699
Tax
−71
245
152
211
143
Net profit
−254
866
537
3 170
557
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
13 894
14 218
13 978
16 826
17 359
Equity
9 556
10 022
9 859
12 329
12 186
Long-term debt
351
190
41
0
377
Short-term debt
3 987
4 006
4 078
4 497
4 796
Total debt
4 338
4 195
4 119
4 497
5 173
Financial ratios
5-year trend
EBITDA margin
2.6%
This company
15.8%
Market median
-84% vs market
2020
2024
Equity ratio
70.2%
This company
38.2%
Market median
+84% vs market
2020
2024
Return on equity
4.6%
This company
18.4%
Market median
-75% vs market
2020
2024
Net profit margin
2.0%
This company
8.1%
Market median
-75% vs market
2020
2024
Asset turnover
1.63×
This company
1.12×
Market median
+46% vs market
2020
2024
Debt / equity
0.42×
This company
0.62×
Market median
+32% 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 (1)
TS
Tormod Standal Laupsa
Chief Executive Officer
Chief Executive Officer
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
ÅL
Åsta Laupsa
Board of Directors
2011
ØH
Øystein H Laupsa
Board of Directors
2011
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
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Company hierarchy
KVAM ELEKTRO AS
(this company)
Bratt As
Board network connections
Board members of KVAM ELEKTRO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tormod Standal Laupsa
Chief Executive Officer
0 companies
Åsta Laupsa
Board of Directors
0 companies
Øystein H Laupsa
Board of Directors
0 companies