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BU COMPOSITE AS
AS
Active
Org 931469371
Evebøvegen 17, 6823 Sandane
Manufacture of other plastic products · NACE 2226
Est. 2023
0 employees
bucomposite.com
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 450K
+575% vs 2023
EBITDA margin
8.4%
+681% vs 2023
Equity ratio
12.1%
Financial strength
Net profit 2024
NOK 30K
+557% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 450K
+575%
EBITDA
NOK 38K
+681%
Net profit
NOK 30K
+557%
Total assets
NOK 442K
+239%
Equity
NOK 53K
+127%
Employees
0
—
Company information
Legal name
BU COMPOSITE AS
Org number
931469371
Legal form
Aksjeselskap
NACE code
2226 · Manufacture of other plastic products
Founded
30. mai 2023
Share capital
NOK 33 330
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Produsere og markedsføre konstruksjoner i kompositt og andre materialer, samt annet som naturlig faller sammen med dette.
Contact
Address
Evebøvegen 17, 6823 Sandane
Website
bucomposite.com
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Companies in Manufacture of other plastic products
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Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
67
450
Staff expenses
−0
−39
EBITDA
−7
38
Depreciation & amort.
−0
−0
EBIT
−7
38
Net financials
0
−2
Profit before tax
−7
36
Tax
−0
7
Net profit
−7
30
Balance sheet
NOK thousands
Item
2023
2024
Total assets
130
442
Equity
23
53
Long-term debt
100
200
Short-term debt
7
189
Total debt
107
389
Financial ratios
5-year trend
EBITDA margin
8.4%
This company
15.8%
Market median
-47% vs market
2023
2024
Equity ratio
12.1%
This company
38.2%
Market median
-68% vs market
2023
2024
Return on equity
56.0%
This company
18.4%
Market median
+204% vs market
2023
2024
Net profit margin
6.6%
This company
8.1%
Market median
-19% vs market
2023
2024
Asset turnover
1.02×
This company
1.12×
Market median
+9% vs market
2023
2024
Debt / equity
7.29×
This company
0.62×
Market median
-1076% vs market
2023
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 2023-04-21 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EK
Elias Kvalsvik Haugen
Chief Executive Officer
Chief Executive Officer
2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
WH
William Haugen Tvedt
Board of Directors
2025
BA
Bjørn Aage Haugen
Board of Directors
2025
EA
Erik Amble Haugen
Chairman
2025
JA
Jakub Aleksander Wijata
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Bu Comp Holding As
Company
100%
100%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Bu Comp Holding As
BU COMPOSITE AS
(this company)
Board network connections
Board members of BU COMPOSITE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Elias Kvalsvik Haugen
Chief Executive Officer
0 companies
William Haugen Tvedt
Board of Directors
0 companies
Bjørn Aage Haugen
Board of Directors
0 companies
Erik Amble Haugen
Chairman
0 companies
Jakub Aleksander Wijata
Chairman
0 companies