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KVASSHEIM HOLDING AS
AS
Active
Org 989142585
Hagerups Vei 99, 5067 Bergen
Other real estate activities on a fee or contract basis · NACE 6832
Est. 2006
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 173K
+15% vs 2023
EBITDA margin
79.2%
+13% vs 2023
Equity ratio
65.0%
Financial strength
Net profit 2024
NOK 692K
+49% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 173K
+15%
EBITDA
NOK 137K
+13%
Net profit
NOK 692K
+49%
Total assets
NOK 3,2M
+1%
Equity
NOK 2,1M
+5%
Employees
0
—
Company information
Legal name
KVASSHEIM HOLDING AS
Org number
989142585
Legal form
Aksjeselskap
NACE code
6832 · Other real estate activities on a fee or contract basis
Founded
12. januar 2006
Share capital
NOK 292 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Investering i eiendom og verdipapirer, herunder deltakelse i andre selskaper.
Contact
Address
Hagerups Vei 99, 5067 Bergen
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Explore
Companies in Other real estate activities on a fee or contract basis
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
75
150
150
150
173
Staff expenses
−0
−0
−0
−0
−0
EBITDA
65
130
129
121
137
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
65
130
129
121
137
Net financials
610
670
432
368
584
Profit before tax
674
800
561
489
721
Tax
−0
−0
16
25
30
Net profit
674
800
545
464
692
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 059
3 175
3 126
3 147
3 178
Equity
1 764
1 764
2 109
1 973
2 065
Long-term debt
762
673
583
493
404
Short-term debt
532
738
434
680
709
Total debt
1 295
1 411
1 017
1 174
1 112
Financial ratios
5-year trend
EBITDA margin
79.2%
This company
15.8%
Market median
+401% vs market
2020
2024
Equity ratio
65.0%
This company
38.2%
Market median
+70% vs market
2020
2024
Return on equity
33.5%
This company
18.4%
Market median
+82% vs market
2020
2024
Net profit margin
399.4%
This company
8.1%
Market median
+4831% vs market
2020
2024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
0.54×
This company
0.62×
Market median
+13% 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)
HK
Hallstein Kvassheim
Chief Executive Officer
Chief Executive Officer
2006
TB
Torill Beate Totland Kvassheim
Deputy Member
Deputy Member
2006
Board of directors
Non-executive oversight
No data on file.
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
KVASSHEIM HOLDING AS
(this company)
Kvassheim Elektro As
KVASSHEIM INVEST AS
Wergeland Invest As
STORETVEITVEGEN 56 AS
Board network connections
Board members of KVASSHEIM HOLDING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hallstein Kvassheim
Chief Executive Officer
0 companies
Torill Beate Totland Kvassheim
Deputy Member
0 companies