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KVA-SPIL LTD

Org. no. 924218525 · ÅLESUND · Founded 1971

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Score · fiscal year 2023

53of 100

How to read this: the company is ahead of 55 % of small companies in the same sector in 2023. What does this mean?

Rank: 15,772 of 34,736 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 54 and solidity 88 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

KVA-SPIL LTD is 3 points above the median for small companies in the same sector in 2023.

Median score 50 among 32,558 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue0 MNOK4 MNOK
Operating margin – 2.5% not compared
Profit margin – 2.2% shown, not part of the index
Return on assets 5.5% 4.0% 54 %
Equity ratio 93.9% 39.1% 89 %
Debt-to-equity 0.07 1.00 87 %
Current ratio 0.01 1.70 2 %
Revenue growth – 0.0% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 53, KVA-SPIL LTD does better than 55% of small companies in the same sector (32,642 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • KVA-SPIL LTD
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

KVA-SPIL LTD had an operating margin of – and an equity ratio of 93.9% in 2023, and ranks 15,772 of 34,736 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 4 MNOK and 9 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 8.9 MNOK 1.0 9 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2023

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 76.7 times current assets.

    Based on: Current ratio 0.01 (median 1.70).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.0% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability54 weight 30%
Solidity88 weight 25%
Liquidity2 weight 15%
Growth– no data, left out
Consistency40 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is KVA-SPIL LTD?

The operating margin was – in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was 5.5%.

How solid is KVA-SPIL LTD?

The equity ratio was 93.9% in 2023 (median 39.1%). Debt-to-equity was 0.07 (median 1.00).

What is the liquidity of KVA-SPIL LTD like?

The current ratio was 0.01 in 2023 (median 1.70). Current assets did not cover current liabilities.

How does KVA-SPIL LTD compare in Handel?

KVA-SPIL LTD ranks 15,772 of 34,736 in Handel for 2023. Among companies of the same size (small companies) it ranks 14,828 of 32,642.

From the Central Coordinating Register

Org. no.
924218525
Legal form
AS
Sector
Handel (46.840)
Size tier
small
Employees
0–4 (not registered)
Founded
23 April 1971 55 years in operation
Share capital
1.50 MNOK
Business address
Apotekergata 9A, 6004 ÅLESUND
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
Audit
Audit opted out from 20 December 2016
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Knut Trygve Flakk
Chair of the board
Knut Trygve Flakk
Board member
Lasse Viken Kjønstad

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index535656
Rank15,77214,32414,420
Operating margin–––
Return on assets5.5%6.4%6.2%
Equity ratio93.9%93.4%93.8%
Current ratio0.010.010.04
Revenue growth–––

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.0 MNOK0.0 MNOK0.0 MNOK
Operating profit−0.1 MNOK−0.1 MNOK−0.1 MNOK
Profit before tax0.5 MNOK0.6 MNOK0.6 MNOK
Net profit0.4 MNOK0.5 MNOK0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets9.5 MNOK9.6 MNOK9.5 MNOK
Current assets0.0 MNOK0.0 MNOK0.0 MNOK
Equity8.9 MNOK8.9 MNOK8.9 MNOK
Retained earnings0.6 MNOK0.6 MNOK0.6 MNOK
Total liabilities0.6 MNOK0.6 MNOK0.6 MNOK
Current liabilities0.6 MNOK0.6 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5110655.

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