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KORSVIK BILVERKSTED AS
AS
Active
Org 987818468
Strandåsen 16, 4638 Kristiansand S
Repair and maintenance of motor vehicles · NACE 9531
Est. 2005
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 12,2M
+8% vs 2024
EBITDA margin
6.4%
-30% vs 2024
Equity ratio
20.2%
Financial strength
Net profit 2025
NOK 367K
-48% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2021
0M
-100%
2022
1M
+100%
2023
1M
0%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 12,2M
+8%
EBITDA
NOK 779K
-30%
Net profit
NOK 367K
-48%
Total assets
NOK 3M
-9%
Equity
NOK 602K
-5%
Employees
11
—
Company information
Legal name
KORSVIK BILVERKSTED AS
Org number
987818468
Legal form
Aksjeselskap
NACE code
9531 · Repair and maintenance of motor vehicles
Founded
3. februar 2005
Share capital
NOK 100 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap
Company purpose
Drift av bil- og båtverksted og alt hva hermed står i forbindelse, herunder deltakelse i andre selskap.
Contact
Address
Strandåsen 16, 4638 Kristiansand S
Phone
+4748030200
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Companies in Repair and maintenance of motor vehicles
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
3M
7M
10M
14M
8M
2021
8M
2022
10M
2023
11M
2024
12M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2021
0M
2022
1M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
7 554
7 651
9 513
11 257
12 178
Staff expenses
−2 456
−2 724
−3 350
−3 872
−4 160
EBITDA
677
304
613
1 116
779
Depreciation & amort.
−201
−257
−176
−209
−251
EBIT
476
48
437
907
528
Net financials
−18
−16
−17
−40
−48
Profit before tax
458
32
420
867
481
Tax
101
28
103
164
114
Net profit
357
4
317
704
367
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
1 528
2 203
2 606
3 264
2 975
Equity
460
464
781
635
602
Long-term debt
246
847
615
896
617
Short-term debt
823
891
1 210
1 733
1 757
Total debt
1 068
1 738
1 825
2 629
2 374
Financial ratios
5-year trend
EBITDA margin
6.4%
This company
15.8%
Market median
-59% vs market
2021
2025
Equity ratio
20.2%
This company
38.2%
Market median
-47% vs market
2021
2025
Return on equity
61.0%
This company
18.4%
Market median
+232% vs market
2021
2025
Net profit margin
3.0%
This company
8.1%
Market median
-63% vs market
2021
2025
Asset turnover
4.09×
This company
1.12×
Market median
+265% vs market
2021
2025
Debt / equity
3.94×
This company
0.62×
Market median
-535% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EV
Egil Valseth Olsen
Chairman
2015
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.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of KORSVIK BILVERKSTED AS also hold positions in
0
other companies.
Person
Role here
Other companies
Egil Valseth Olsen
Chairman
0 companies