HVALEN UTVIKLING AS

HVALEN UTVIKLING AS is registered as a limited company in Larvik, Vestfold with organisation number 934125150. The business is classified under rental and operating of own or leased real estate (NACE 68.200). The company was incorporated in 1983. Registered share capital is NOK 50.0m, divided into 100 shares. The company's stated purpose is: “Kjøp, utvikling, drift og salg av fast eiendom, og det som står i forbindelse med dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 11.1m in revenue and NOK 5.7m in operating profit.

Key figures · 2025

Revenue

NOK 11.1m

Operating profit

NOK 5.7m

Equity

NOK 95.5m

Est. value

NOK 76.3m

Financial health · 2025

Liquidity

3.68

Very good

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

41.3%

Very good

Equity as a share of total capital

Who owns HVALEN UTVIKLING AS?

HEIL VED AS

100.0%

HVALEN UTVIKLING AS

NOK 11.1m rev. · NOK 5.7m profit

HVALEN UTVIKLING AS has 1 registered shareholder:

• HEIL VED AS 100.0%

All shareholders and roles →

Frequently asked questions about HVALEN UTVIKLING AS

Who owns HVALEN UTVIKLING AS?

HEIL VED AS is the largest registered owner, with 100.0%.

What is the revenue of HVALEN UTVIKLING AS?

HVALEN UTVIKLING AS had revenue of NOK 11.1m in 2025.

Who is the general manager of HVALEN UTVIKLING AS?

Jostein Liverød is registered as general manager of HVALEN UTVIKLING AS.

Where is HVALEN UTVIKLING AS based?

HVALEN UTVIKLING AS has its business address in Larvik.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.