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ASActiveOrg 824783802Stålhaugen 9, 6065 UlsteinvikOther real estate activities on a fee or contract basis · NACE 6832Est. 202012 employees
Revenue 2024
NOK 61,5M
+24% vs 2023
EBITDA margin
65.8%
+52% vs 2023
Equity ratio
68.5%
Financial strength
Net profit 2024
NOK 61,8M
-82% vs 2023
| Revenue | NOK 61,5M | +24% |
| EBITDA | NOK 40,4M | +52% |
| Net profit | NOK 61,8M | -82% |
| Total assets | NOK 1,2B | +15% |
| Equity | NOK 788,4M | +8% |
| Employees | 12 | — |
Legal name
BORGSTEIN AS
Org number
824783802
Legal form
Aksjeselskap
NACE code
6832 · Other real estate activities on a fee or contract basis
Founded
18. mars 2020
Share capital
NOK 9 149 400
Employees
12 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder og ett styremedlem i fellesskap.
Company purpose
Formues- og eiendomsforvaltning og dermed beslektet virksomhet, samt å eie aksjer i selskaper med samme og lignende formål.
Address
Stålhaugen 9, 6065 Ulsteinvik
Phone
+4770009750
Email
firmapost@borgstein.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 59 146 | 77 390 | 68 152 | 49 668 | 61 461 |
| Staff expenses | −13 470 | −13 461 | −15 422 | −15 245 | −13 976 |
| EBITDA | 33 491 | 56 417 | 45 546 | 26 589 | 40 413 |
| Depreciation & amort. | −9 440 | −10 395 | −10 145 | −8 816 | −9 041 |
| EBIT | 24 051 | 46 022 | 35 401 | 17 772 | 31 372 |
| Net financials | 20 083 | −3 691 | −18 370 | 328 585 | 42 589 |
| Profit before tax | 44 134 | 42 331 | 17 031 | 346 358 | 73 960 |
| Tax | 5 796 | 9 874 | 4 986 | 268 | 12 200 |
| Net profit | 38 338 | 32 457 | 12 045 | 346 089 | 61 760 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 895 824 | 1 012 251 | 1 010 350 | 1 003 496 | 1 151 385 |
| Equity | 341 039 | 373 496 | 380 541 | 726 630 | 788 391 |
| Long-term debt | 478 867 | 494 040 | 560 567 | 251 960 | 317 801 |
| Short-term debt | 75 918 | 144 715 | 69 242 | 24 905 | 45 193 |
| Total debt | 554 785 | 638 755 | 629 809 | 276 866 | 362 994 |
EBITDA margin
65.8%
This company
15.8%
Market median
+316% vs market
20202024
Equity ratio
68.5%
This company
38.2%
Market median
+79% vs market
20202024
Return on equity
7.8%
This company
18.4%
Market median
-58% vs market
20202024
Net profit margin
100.5%
This company
8.1%
Market median
+1141% vs market
20202024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
0.46×
This company
0.62×
Market median
+26% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MU Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Excalibur As | Company | 20.0% | 20.0% | 2024 |
Henna Invest As | Company | 20.0% | 20.0% | 2024 |
Mimar Borgstein As | Company | 20.0% | 20.0% | 2024 |
Kniven Invest As | Company | 20.0% | 20.0% | 2024 |
Reiten As | Company | 20.0% | 20.0% | 2024 |
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Reiten As
BORGSTEIN AS Board members of BORGSTEIN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Ulstein | Chief Executive Officer | 0 companies |
| Hanne Birthe Ulstein | Board of Directors | 0 companies |
| Ingunn Merete Ulstein Botnen | Board of Directors | 0 companies |
| Henning Ulstein | Board of Directors | 0 companies |
| Svein Idar Ulstein | Board of Directors | 0 companies |
| Håvard Ulstein | Board of Directors | 0 companies |
| Ingrid Margrethe Ulstein | Board of Directors | 0 companies |