Riskpilot← Back to searchSign inGet full accessLINN BAD AS
ASActiveOrg 957513786Industrivegen 47, 6893 Vik I SognManufacture of furniture · NACE 3100Est. 199031 employeeswww.linnbad.no
Revenue 2024
NOK 121,1M
-8% vs 2023
EBITDA margin
4.1%
-27% vs 2023
Equity ratio
73.1%
Financial strength
Net profit 2024
NOK 2,4M
-43% vs 2023
| Revenue | NOK 121,1M | -8% |
| EBITDA | NOK 4,9M | -27% |
| Net profit | NOK 2,4M | -43% |
| Total assets | NOK 68,4M | -7% |
| Equity | NOK 50M | +5% |
| Employees | 31 | — |
Legal name
LINN BAD AS
Org number
957513786
Legal form
Aksjeselskap
NACE code
3100 · Manufacture of furniture
Founded
2. januar 1990
Share capital
NOK 2 900 000
Employees
31 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Industrivegen 47, 6893 Vik I Sogn
Website
www.linnbad.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 79 636 | 88 968 | 87 285 | 93 215 | 96 793 | 107 144 | 115 934 | 113 586 | 104 039 | 112 551 | 103 366 | 104 747 | 109 651 | 137 710 | 151 139 | 131 032 | 121 140 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −16 296 | −18 448 | −17 617 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 11 560 | 13 755 | 16 612 | 16 951 | 18 173 | 15 218 | 16 643 | 14 817 | 10 425 | 11 479 | 7 345 | 8 078 | 10 010 | 18 031 | 12 579 | 6 778 | 4 946 |
| Depreciation & amort. | −953 | −1 587 | −1 567 | −1 698 | −2 207 | −1 964 | −2 734 | −3 071 | −2 431 | −2 201 | −2 015 | −1 347 | −1 231 | −1 372 | −1 340 | −1 862 | −2 322 |
| EBIT | 10 607 | 12 168 | 15 045 | 15 253 | 15 966 | 13 254 | 13 909 | 11 746 | 7 994 | 9 278 | 5 330 | 6 731 | 8 779 | 16 659 | 11 239 | 4 916 | 2 623 |
| Net financials | −159 | −106 | 97 | 252 | 370 | 521 | 638 | −184 | 2 146 | 909 | −3 | 66 | 22 | 144 | 206 | 496 | 424 |
| Profit before tax | 10 448 | 12 062 | 15 142 | 15 505 | 16 337 | 13 776 | 14 547 | 11 562 | 10 140 | 10 187 | 5 327 | 6 797 | 8 801 | 16 803 | 11 445 | 5 412 | 3 048 |
| Tax | 2 766 | 3 382 | 4 251 | 4 368 | 4 617 | 3 880 | 3 907 | 3 269 | 2 032 | 2 280 | 1 269 | 1 488 | 1 939 | 3 672 | 2 525 | 1 176 | 648 |
| Net profit | 7 682 | 8 680 | 10 891 | 11 137 | 11 719 | 9 896 | 10 640 | 8 294 | 8 108 | 7 907 | 4 058 | 5 309 | 6 862 | 13 131 | 8 920 | 4 236 | 2 400 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 35 831 | 37 352 | 44 682 | 51 939 | 58 447 | 61 939 | 69 166 | 69 376 | 70 648 | 60 003 | 54 455 | 55 114 | 65 527 | 67 937 | 74 104 | 73 380 | 68 376 |
| Equity | 13 819 | 18 999 | 24 890 | 31 027 | 37 746 | 44 642 | 51 282 | 48 575 | 56 684 | 37 591 | 36 648 | 41 957 | 36 819 | 43 950 | 48 869 | 47 587 | 49 987 |
| Long-term debt | 2 010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 20 002 | 17 194 | 19 792 | 20 913 | 20 701 | 17 298 | 17 885 | 20 800 | 13 965 | 22 413 | 17 806 | 13 157 | 28 709 | 23 988 | 25 234 | 25 793 | 18 389 |
| Total debt | 22 012 | 18 354 | 19 792 | 20 913 | 20 701 | 17 298 | 17 885 | 20 800 | 13 965 | 22 413 | 17 806 | 13 157 | 28 709 | 23 988 | 25 234 | 25 793 | 18 389 |
EBITDA margin
4.1%
This company
15.8%
Market median
-74% vs market
20082024
Equity ratio
73.1%
This company
38.2%
Market median
+91% vs market
20082024
Return on equity
4.8%
This company
18.4%
Market median
-74% vs market
20082024
Net profit margin
2.0%
This company
8.1%
Market median
-75% vs market
20082024
Asset turnover
1.77×
This company
1.12×
Market median
+58% vs market
20082024
Debt / equity
0.37×
This company
0.62×
Market median
+40% vs market
20082024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
RÅ Chief Executive Officer | Chief Executive Officer | 2008 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Chairman | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Hovtun Invest As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Hovtun Invest As
LINN BAD AS Board members of LINN BAD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ragnhild Årestrup Larsen | Chief Executive Officer | 0 companies |
| Linn Borlaug Grønningen | Board of Directors | 0 companies |
| André Borlaug Grønningen | Chairman | 0 companies |