What is the Org number of BHAG AS?

BHAG AS is registered with Brønnøysundsregistrene under Org 923357807.

What is the revenue of BHAG AS?

BHAG AS reported revenue of NOK 1,2M in 2025.

How many employees does BHAG AS have?

BHAG AS employs 1 people as of the latest annual report.

Who is the chairman of BHAG AS?

Bjarne Haglund chairs the board of BHAG AS.

Where is BHAG AS headquartered?

BHAG AS's registered address is Madlastokken 4A, 4042 Hafrsfjord.

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BHAG AS

ASActive

Org 923357807Madlastokken 4A, 4042 HafrsfjordEngineering activities and related technical consultancy· NACE 7112Est. 2019 · 6 years old1 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	257	321	531	1 361	1 191
Staff expenses	−270	−413	−485	−815	−1 142
EBITDA	−240	−350	−289	−805	−971
Depreciation & amort.	−26	−26	−25	−36	−54
EBIT	−266	−376	−315	−842	−1 024
Net financials	391	452	838	1 982	2 855
Profit before tax	125	76	524	1 141	1 831
Tax	11	−131	−70	−160	−199
Net profit	114	207	594	1 301	2 030

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	690	784	1 328	2 642	5 050
Equity	583	691	1 184	2 385	4 315
Long-term debt	5	0	0	0	0
Short-term debt	102	93	144	256	735
Total debt	107	93	144	256	735

Financial ratios

5-year trend

EBITDA margin

-81.5%

This company

15.8%

Market median

-616% vs market

20212025

Equity ratio

85.4%

This company

38.2%

Market median

+124% vs market

20212025

Return on equity

47.0%

This company

18.4%

Market median

+155% vs market

20212025

Net profit margin

170.5%

This company

8.1%

Market median

+2005% vs market

20212025

Asset turnover

0.24×

This company

1.12×

Market median

-79% vs market

20212025

Debt / equity

0.17×

This company

0.62×

Market median

+73% vs market

20212025

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
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

BHAG AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on BHAG AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on BHAG AS