Riskpilot← Back to searchSign inGet full accessBOLSETH GLASS AS
ASActiveOrg 914701821Industrivegen 4, 6823 SandaneManufacture of doors and windows of metal · NACE 2512Est. 198641 employees
Revenue 2024
NOK 123,8M
-15% vs 2023
EBITDA margin
9.7%
-18% vs 2023
Equity ratio
31.4%
Financial strength
Net profit 2024
NOK 11,2M
-13% vs 2023
| Revenue | NOK 123,8M | -15% |
| EBITDA | NOK 12M | -18% |
| Net profit | NOK 11,2M | -13% |
| Total assets | NOK 148,2M | +10% |
| Equity | NOK 46,6M | -2% |
| Employees | 41 | — |
Legal name
BOLSETH GLASS AS
Org number
914701821
Legal form
Aksjeselskap
NACE code
2512 · Manufacture of doors and windows of metal
Founded
15. mai 1986
Share capital
NOK 980 050
Employees
41 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Address
Industrivegen 4, 6823 Sandane
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 143 730 | 133 261 | 137 298 | 145 476 | 123 781 |
| Staff expenses | −26 158 | −24 595 | −31 353 | −32 821 | −26 984 |
| EBITDA | 12 478 | 14 262 | 12 875 | 14 591 | 11 963 |
| Depreciation & amort. | −691 | −646 | −700 | −1 246 | −1 423 |
| EBIT | 11 787 | 13 615 | 12 174 | 13 344 | 10 540 |
| Net financials | 370 | 89 | 772 | 3 239 | 3 801 |
| Profit before tax | 12 157 | 13 704 | 12 947 | 16 583 | 14 342 |
| Tax | 2 705 | 3 056 | 2 918 | 3 692 | 3 155 |
| Net profit | 9 452 | 10 648 | 10 029 | 12 891 | 11 187 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 102 877 | 106 757 | 141 899 | 134 478 | 148 208 |
| Equity | 34 862 | 39 481 | 43 510 | 47 400 | 46 587 |
| Long-term debt | 9 784 | 11 032 | 13 950 | 17 642 | 16 449 |
| Short-term debt | 58 231 | 56 244 | 84 439 | 69 435 | 85 172 |
| Total debt | 68 015 | 67 277 | 98 389 | 87 077 | 101 621 |
EBITDA margin
9.7%
This company
15.8%
Market median
-39% vs market
20202024
Equity ratio
31.4%
This company
38.2%
Market median
+18% vs market
20202024
Return on equity
24.0%
This company
18.4%
Market median
+30% vs market
20202024
Net profit margin
9.0%
This company
8.1%
Market median
+11% vs market
20202024
Asset turnover
0.84×
This company
1.12×
Market median
+25% vs market
20202024
Debt / equity
2.18×
This company
0.62×
Market median
-252% 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 (3) | ||
MN Deputy Member | Deputy Member | 2025 |
GA Chief Executive Officer | Chief Executive Officer | 2008 |
AB Deputy Member | Deputy Member | 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Former (1) | ||
| Chairman | 2019 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 33.33% | 33.33% | 2024 | |
| Company | 33.33% | 33.33% | 2024 | |
| Company | 33.33% | 33.33% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
I-R-A Holding As
BOLSETH GLASS AS Board members of BOLSETH GLASS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Magnus Nikolai Bolseth | Deputy Member | 0 companies |
| Geir Atle Bolseth | Chief Executive Officer | 0 companies |
| Are Bolseth | Deputy Member | 0 companies |
| Espen Bolseth | Board of Directors | 0 companies |
| Jan Helge Bolseth | Chairman | 0 companies |
| Morten Ove Bolseth | Chairman | 0 companies |