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BORGEGRENDA UTVIKLING AS
AS
Active
Org 922859574
Kjørbekkvegen 46, 3735 Skien
Development of building projects · NACE 6812
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 24K
-100% vs 2023
EBITDA margin
-1474.7%
-257% vs 2023
Equity ratio
36.9%
Financial strength
Net profit 2024
NOK -340K
-251% vs 2023
EBITDA — year on year
NOK millions
6M
-1M
-8M
-14M
-21M
5M
2020
-1M
-120%
2021
-17M
-1600%
2022
0M
+100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 24K
-100%
EBITDA
NOK -354K
-257%
Net profit
NOK -340K
-251%
Total assets
NOK 1,7M
-33%
Equity
NOK 626K
-19%
Employees
0
—
Company information
Legal name
BORGEGRENDA UTVIKLING AS
Org number
922859574
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
7. juni 2019
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Utvikling av boliger samt annen virksomhet som står i naturlig tilknytning til dette.
Contact
Address
Kjørbekkvegen 46, 3735 Skien
Risika for professionals
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Explore
Companies in Development of building projects
Companies in Skien
All Norway companies
Revenue
NOK millions
0M
12M
25M
37M
49M
32M
2020
43M
2021
42M
2022
18M
2023
0M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
5M
2020
-1M
2021
-17M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
32 253
42 659
42 165
17 773
24
Staff expenses
−0
−0
−0
−0
−0
EBITDA
4 583
−1 310
−16 751
226
−354
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
4 583
−1 310
−16 751
226
−354
Net financials
0
−1
−1
−1
−39
Profit before tax
4 583
−1 311
−16 752
225
−393
Tax
1 003
−288
−714
−0
−54
Net profit
3 580
−1 022
−16 037
225
−340
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
40 045
90 452
25 832
2 551
1 696
Equity
3 585
2 563
−13 474
776
626
Long-term debt
1 003
714
0
0
704
Short-term debt
35 456
87 174
39 306
1 775
366
Total debt
36 459
87 889
39 306
1 775
1 070
Financial ratios
5-year trend
EBITDA margin
-1474.7%
This company
15.8%
Market median
-9434% vs market
2020
2024
Equity ratio
36.9%
This company
38.2%
Market median
+3% vs market
2020
2024
Return on equity
-54.2%
This company
18.4%
Market median
-395% vs market
2020
2024
Net profit margin
-1414.7%
This company
8.1%
Market median
-17565% vs market
2020
2024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
2020
2024
Debt / equity
1.71×
This company
0.62×
Market median
-176% 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)
AH
Arve Haugseter
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AF
Andreas Finsrud
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Fiha Holding As
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
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Company hierarchy
Fjellvåken Holding As
Fjellvåken Eiendom Holding As
Fiha Holding As
BORGEGRENDA UTVIKLING AS
(this company)
Board network connections
Board members of BORGEGRENDA UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Arve Haugseter
Chief Executive Officer
0 companies
Andreas Finsrud
Chairman
0 companies