Riskpilot← Back to searchSign inGet full accessHÖGANÄS BORGESTAD AS
ASActiveOrg 913936175Borgestadbakken 2, 3712 SkienInstallation of industrial machinery and equipment · NACE 3320Est. 1974107 employeeswww.hoganasborgestad.com
Revenue 2024
NOK 361,1M
+19% vs 2023
EBITDA margin
10.0%
+51% vs 2023
Equity ratio
20.5%
Financial strength
Net profit 2024
NOK 26,2M
+58% vs 2023
| Revenue | NOK 361,1M | +19% |
| EBITDA | NOK 36,2M | +51% |
| Net profit | NOK 26,2M | +58% |
| Total assets | NOK 130,5M | +25% |
| Equity | NOK 26,7M | -1% |
| Employees | 107 | — |
Legal name
HÖGANÄS BORGESTAD AS
Org number
913936175
Legal form
Aksjeselskap
NACE code
3320 · Installation of industrial machinery and equipment
Founded
20. februar 1974
Share capital
NOK 151 666
Employees
107 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Installasjon og salg av ildfaste materielle, salg av høytemperatur isolasjon og produksjon av prefabrikkerte produkter.
Address
Borgestadbakken 2, 3712 Skien
Website
www.hoganasborgestad.com
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 | 209 408 | 232 302 | 235 259 | 303 865 | 361 059 |
| Staff expenses | −54 537 | −58 948 | −62 406 | −68 188 | −100 006 |
| EBITDA | 9 039 | 12 090 | 5 774 | 23 986 | 36 234 |
| Depreciation & amort. | −833 | −1 597 | −1 375 | −1 084 | −1 000 |
| EBIT | 8 206 | 10 493 | 4 399 | 22 901 | 35 234 |
| Net financials | −1 054 | −921 | −984 | −1 449 | −1 655 |
| Profit before tax | 7 152 | 9 572 | 3 414 | 21 452 | 33 579 |
| Tax | 1 577 | 2 106 | −265 | 4 861 | 7 411 |
| Net profit | 5 575 | 7 466 | 3 680 | 16 591 | 26 168 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 101 452 | 102 094 | 92 115 | 104 575 | 130 500 |
| Equity | 35 605 | 30 767 | 27 235 | 26 895 | 26 720 |
| Long-term debt | 1 189 | 1 198 | 11 386 | 9 357 | 7 316 |
| Short-term debt | 64 273 | 53 937 | 53 406 | 68 283 | 96 425 |
| Total debt | 65 462 | 71 015 | 64 792 | 77 640 | 103 742 |
EBITDA margin
10.0%
This company
15.8%
Market median
-37% vs market
20202024
Equity ratio
20.5%
This company
38.2%
Market median
-46% vs market
20202024
Return on equity
97.9%
This company
18.4%
Market median
+432% vs market
20202024
Net profit margin
7.2%
This company
8.1%
Market median
-11% vs market
20202024
Asset turnover
2.77×
This company
1.12×
Market median
+147% vs market
20202024
Debt / equity
3.88×
This company
0.62×
Market median
-526% 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 |
|---|---|---|
| Current (1) | ||
SS Chief Executive Officer | Chief Executive Officer | 2023 |
| Former (2) | ||
RK Chief Executive Officer | Chief Executive Officer | 2020 – 2023 |
SS Chief Executive Officer | Chief Executive Officer | 2023 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2023 | |
| Chairman | 2025 | |
| Former (3) | ||
| Board of Directors | 2022 – 2023 | |
| Chairman | 2016 – 2022 | |
| Chairman | 2023 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Höganäs Borgestad Holding Ab | Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of HÖGANÄS BORGESTAD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Roger Kvam | Chief Executive Officer | 0 companies |
| Siri Stenersen | Chief Executive Officer | 0 companies |
| Siri Stenersen Evensen | Chief Executive Officer | 0 companies |
| Lasse Axelsson | Board of Directors | 0 companies |
| Lars Niclas Sjöberg | Chairman | 0 companies |
| Pål Feen Larsen | Board of Directors | 0 companies |
| Bendik Persch Andersen | Chairman | 0 companies |
| Frode Martinussen | Chairman | 0 companies |