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CIRCULAR BOATING AS
AS
Active
Org 931540262
Gjellumstubben 9, 1389 Heggedal
Retail sale of sporting equipment · NACE 4763
Est. 2023
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 151K
+232% vs 2024
EBITDA margin
47.0%
+148% vs 2024
Equity ratio
-500.6%
Financial strength
Net profit 2025
NOK 37K
+132% vs 2024
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 151K
+232%
EBITDA
NOK 71K
+148%
Net profit
NOK 37K
+132%
Total assets
NOK 11K
-68%
Equity
NOK -55K
+40%
Employees
1
—
Company information
Legal name
CIRCULAR BOATING AS
Org number
931540262
Legal form
Aksjeselskap
NACE code
4763 · Retail sale of sporting equipment
Founded
8. juni 2023
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder hver for seg.
Company purpose
Elektrifisering av fritidsbåter.
Contact
Address
Gjellumstubben 9, 1389 Heggedal
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Companies in Retail sale of sporting equipment
Companies in Asker
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
100
46
151
Staff expenses
−19
−19
−0
EBITDA
45
−149
71
Depreciation & amort.
−0
−0
−0
EBIT
45
−149
71
Net financials
−0
−0
−0
Profit before tax
45
−150
71
Tax
11
−34
34
Net profit
34
−116
37
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
83
34
11
Equity
59
−91
−55
Long-term debt
0
0
0
Short-term debt
24
126
66
Total debt
24
126
66
Financial ratios
5-year trend
EBITDA margin
47.0%
This company
15.8%
Market median
+197% vs market
2023
2025
Equity ratio
-500.6%
This company
38.2%
Market median
-1410% vs market
2023
2025
Return on equity
3652500.0%
This company
18.4%
Market median
+19850443% vs market
2023
2025
Net profit margin
24.2%
This company
8.1%
Market median
+199% vs market
2023
2025
Asset turnover
13.78×
This company
1.12×
Market median
+1130% vs market
2023
2025
Debt / equity
1.20×
This company
0.62×
Market median
-94% vs market
2023
2025
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 2023-05-11 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
MC
Morten Carlsen
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ellen Anette Høvik
Individual
20.0%
20.0%
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
No registered parent or subsidiaries
Board network connections
Board members of CIRCULAR BOATING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Carlsen
Chief Executive Officer
0 companies