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NORBRAS AS
AS
Active
Org 979480504
Vatner Ring 15, 3725 Skien
Construction of residential and non-residential buildings · NACE 4100
Est. 1997
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 992K
-90% vs 2023
EBITDA margin
-211.8%
-373% vs 2023
Equity ratio
89.3%
Financial strength
Net profit 2024
NOK -2M
-473% vs 2023
EBITDA — year on year
NOK millions
8M
5M
3M
0M
-3M
2M
2020
3M
+50%
2021
6M
+100%
2022
1M
-83%
2023
-2M
-300%
2024
Key figures
Annual report 2024
Revenue
NOK 992K
-90%
EBITDA
NOK -2,1M
-373%
Net profit
NOK -2M
-473%
Total assets
NOK 7,1M
-39%
Equity
NOK 6,3M
-24%
Employees
5
—
Company information
Legal name
NORBRAS AS
Org number
979480504
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
10. november 1997
Share capital
NOK 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Vatner Ring 15, 3725 Skien
Phone
+4791357575
Email
sen@norbras.no
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Companies in Construction of residential and non-residential buildings
Companies in Skien
All Norway companies
Revenue
NOK millions
0M
13M
26M
40M
53M
18M
2020
37M
2021
46M
2022
10M
2023
1M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
2M
2020
3M
2021
6M
2022
1M
2023
-2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
17 552
37 121
46 408
9 682
992
Staff expenses
−1 657
−1 676
−1 068
−254
−224
EBITDA
2 337
2 929
5 580
771
−2 102
Depreciation & amort.
−173
−176
−113
−81
−125
EBIT
2 164
2 753
5 467
690
−2 227
Net financials
−33
−7
−212
−17
−34
Profit before tax
2 132
2 745
5 255
673
−2 261
Tax
469
605
1 156
148
−307
Net profit
1 663
2 141
4 099
524
−1 955
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 007
9 859
11 491
11 694
7 101
Equity
1 532
3 672
7 771
8 296
6 341
Long-term debt
36
641
1 717
307
0
Short-term debt
7 439
5 546
2 003
3 091
760
Total debt
7 475
6 186
3 720
3 398
760
Financial ratios
5-year trend
EBITDA margin
-211.8%
This company
15.8%
Market median
-1441% vs market
2020
2024
Equity ratio
89.3%
This company
38.2%
Market median
+134% vs market
2020
2024
Return on equity
-30.8%
This company
18.4%
Market median
-267% vs market
2020
2024
Net profit margin
-197.0%
This company
8.1%
Market median
-2532% vs market
2020
2024
Asset turnover
0.14×
This company
1.12×
Market median
-88% vs market
2020
2024
Debt / equity
0.12×
This company
0.62×
Market median
+81% vs market
2020
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 2023-01-01 – 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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
EN
Erling Nordby
Deputy Member
Deputy Member
1998
SE
Svein Egil Nordby
Chief Executive Officer
Chief Executive Officer
1998
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Nordholding As
Company
100%
100%
2024
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Company hierarchy
Nordholding As
NORBRAS AS
(this company)
Board network connections
Board members of NORBRAS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erling Nordby
Deputy Member
0 companies
Svein Egil Nordby
Chief Executive Officer
0 companies