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O BORGEN AS
AS
Active
Org 910739433
Nansetgata 21, 3256 Larvik
Retail sale of furniture, lighting equipment, tableware and other household goods · NACE 4755
Est. 1949
8 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 37,1M
-1% vs 2023
EBITDA margin
5.1%
-54% vs 2023
Equity ratio
75.9%
Financial strength
Net profit 2024
NOK 1,1M
-58% vs 2023
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
5M
2020
6M
+20%
2021
6M
0%
2022
4M
-33%
2023
2M
-50%
2024
Key figures
Annual report 2024
Revenue
NOK 37,1M
-1%
EBITDA
NOK 1,9M
-54%
Net profit
NOK 1,1M
-58%
Total assets
NOK 44,8M
+0%
Equity
NOK 33,9M
+3%
Employees
8
—
Company information
Legal name
O BORGEN AS
Org number
910739433
Legal form
Aksjeselskap
NACE code
4755 · Retail sale of furniture, lighting equipment, tableware and other household goods
Founded
8. februar 1949
Share capital
NOK 4 725 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Nansetgata 21, 3256 Larvik
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Companies in Retail sale of furniture, lighting equipment, tableware and other household goods
Companies in Larvik
All Norway companies
Revenue
NOK millions
0M
12M
25M
37M
49M
37M
2020
43M
2021
41M
2022
37M
2023
37M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
5M
2020
6M
2021
6M
2022
4M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
37 253
42 826
40 567
37 408
37 129
Staff expenses
−4 915
−4 954
−6 135
−6 035
−5 744
EBITDA
4 658
6 484
5 710
4 079
1 891
Depreciation & amort.
−160
−159
−205
−265
−392
EBIT
4 497
6 325
5 505
3 813
1 499
Net financials
−280
−284
−363
−578
−136
Profit before tax
4 218
6 041
5 142
3 235
1 363
Tax
929
1 329
1 132
713
311
Net profit
3 289
4 712
4 010
2 523
1 051
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
36 101
39 670
43 107
44 664
44 757
Equity
22 882
26 366
30 376
32 898
33 949
Long-term debt
7 197
6 690
6 578
6 066
6 165
Short-term debt
6 023
6 614
6 153
5 700
4 643
Total debt
13 220
13 304
12 731
11 766
10 808
Financial ratios
5-year trend
EBITDA margin
5.1%
This company
15.8%
Market median
-68% vs market
2020
2024
Equity ratio
75.9%
This company
38.2%
Market median
+99% vs market
2020
2024
Return on equity
3.1%
This company
18.4%
Market median
-83% vs market
2020
2024
Net profit margin
2.8%
This company
8.1%
Market median
-65% vs market
2020
2024
Asset turnover
0.83×
This company
1.12×
Market median
+26% vs market
2020
2024
Debt / equity
0.32×
This company
0.62×
Market median
+48% 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 (1)
OB
Ole Bjørn Borgen
Chief Executive Officer
Chief Executive Officer
1997
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KB
Kjersti Borgen Dons
Chairman
2006
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Béatrice Aall Borgen-Dons
Individual
11%
11%
2023
Inger Johanne Borgen
Individual
5.67%
5.67%
2023
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Company hierarchy
O BORGEN AS
(this company)
FARET 6 AS
Board network connections
Board members of O BORGEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole Bjørn Borgen
Chief Executive Officer
0 companies
Kjersti Borgen Dons
Chairman
0 companies