Riskpilot← Back to searchSign inGet full accessBULLS AS
ASActiveOrg 976212665Vuluvegen 337, 7563 MalvikConstruction of residential and non-residential buildings · NACE 4100Est. 199629 employeeswww.bulls.as
Revenue 2025
NOK 65,3M
+16% vs 2024
EBITDA margin
3.0%
-33% vs 2024
Equity ratio
39.2%
Financial strength
Net profit 2025
NOK 1,2M
-36% vs 2024
| Revenue | NOK 65,3M | +16% |
| EBITDA | NOK 1,9M | -33% |
| Net profit | NOK 1,2M | -36% |
| Total assets | NOK 24,1M | +22% |
| Equity | NOK 9,4M | +14% |
| Employees | 29 | — |
Legal name
BULLS AS
Org number
976212665
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
18. mars 1996
Share capital
NOK 100 000
Employees
29 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Address
Vuluvegen 337, 7563 Malvik
Phone
+4773801280
Email
bulls@bulls.as
Website
www.bulls.as
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| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 59 002 | 56 408 | 47 120 | 56 111 | 65 258 |
| Staff expenses | −16 975 | −16 505 | −15 134 | −14 959 | −18 603 |
| EBITDA | 413 | 1 900 | 1 252 | 2 890 | 1 926 |
| Depreciation & amort. | −143 | −160 | −171 | −166 | −151 |
| EBIT | 270 | 1 739 | 1 082 | 2 724 | 1 775 |
| Net financials | −178 | −201 | −19 | −345 | −183 |
| Profit before tax | 92 | 1 539 | 1 063 | 2 379 | 1 591 |
| Tax | 45 | 338 | 244 | 519 | 403 |
| Net profit | 47 | 1 201 | 820 | 1 860 | 1 189 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 19 761 | 21 961 | 23 581 | 19 802 | 24 060 |
| Equity | 5 337 | 6 014 | 6 560 | 8 287 | 9 433 |
| Long-term debt | 0 | 0 | 0 | 0 | 2 995 |
| Short-term debt | 14 424 | 15 948 | 17 021 | 11 515 | 11 632 |
| Total debt | 14 424 | 15 948 | 17 021 | 11 515 | 14 627 |
EBITDA margin
3.0%
This company
15.8%
Market median
-81% vs market
20212025
Equity ratio
39.2%
This company
38.2%
Market median
+3% vs market
20212025
Return on equity
12.6%
This company
18.4%
Market median
+32% vs market
20212025
Net profit margin
1.8%
This company
8.1%
Market median
-78% vs market
20212025
Asset turnover
2.71×
This company
1.12×
Market median
+142% vs market
20212025
Debt / equity
1.55×
This company
0.62×
Market median
-150% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
TB Deputy Member | Deputy Member | 2025 |
JB Chief Executive Officer | Chief Executive Officer | 2015 |
BH Deputy Member | Deputy Member | 2015 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2015 | |
| Chairman | 2025 | |
| Chairman | 2015 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| 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.
Bulls Holding As
BULLS AS Board members of BULLS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Trine Bull Sivertsen | Deputy Member | 0 companies |
| Jørgen Bull | Chief Executive Officer | 0 companies |
| Brit Helen Bull | Deputy Member | 0 companies |
| Knut Petter Bull | Board of Directors | 0 companies |
| Anders Bull | Chairman | 0 companies |
| Jan Håkon Bull | Chairman | 0 companies |