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ÅSBØ SANDDRIFT AS
AS
Active
Org 979913834
Meieriplassen 7, 5590 Etne
Operation of gravel and sand pits and mining of clay and kaolin · NACE 0812
Est. 1998
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 821K
-69% vs 2024
EBITDA margin
-143.2%
-261% vs 2024
Equity ratio
84.3%
Financial strength
Net profit 2025
NOK -693K
-101% vs 2024
EBITDA — year on year
NOK millions
15M
11M
7M
3M
-1M
-1M
2021
0M
+100%
2022
12M
+1200%
2023
0M
-100%
2024
-1M
-100%
2025
Key figures
Annual report 2025
Revenue
NOK 821K
-69%
EBITDA
NOK -1,2M
-261%
Net profit
NOK -693K
-101%
Total assets
NOK 8,1M
-11%
Equity
NOK 6,8M
-9%
Employees
3
—
Company information
Legal name
ÅSBØ SANDDRIFT AS
Org number
979913834
Legal form
Aksjeselskap
NACE code
0812 · Operation of gravel and sand pits and mining of clay and kaolin
Founded
18. mars 1998
Share capital
NOK 152 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Meieriplassen 7, 5590 Etne
Phone
+4797595031
Email
ivar@sanddrift.no
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Explore
Companies in Operation of gravel and sand pits and mining of clay and kaolin
Companies in Etne
All Norway companies
Revenue
NOK millions
0M
6M
12M
17M
23M
14M
2021
12M
2022
20M
2023
3M
2024
1M
2025
EBITDA
NOK millions
0M
3M
7M
10M
14M
-1M
2021
0M
2022
12M
2023
0M
2024
-1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
13 617
12 252
19 521
2 674
821
Staff expenses
−3 665
−3 149
−2 031
−1 722
−1 171
EBITDA
−999
−87
12 086
−325
−1 175
Depreciation & amort.
−116
−91
−133
−391
−343
EBIT
−1 115
−178
11 953
−716
−1 518
Net financials
−76
26
41
285
548
Profit before tax
−1 191
−152
11 993
−431
−970
Tax
−75
−0
2 617
−87
−277
Net profit
−1 116
−152
9 377
−344
−693
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
4 446
4 441
13 848
9 076
8 079
Equity
1 480
519
9 850
7 506
6 813
Long-term debt
0
0
1 059
972
0
Short-term debt
2 966
3 922
2 939
598
571
Total debt
2 966
3 922
3 998
1 570
1 267
Financial ratios
5-year trend
EBITDA margin
-143.2%
This company
15.8%
Market median
-1006% vs market
2021
2025
Equity ratio
84.3%
This company
38.2%
Market median
+121% vs market
2021
2025
Return on equity
-10.2%
This company
18.4%
Market median
-155% vs market
2021
2025
Net profit margin
-84.5%
This company
8.1%
Market median
-1143% vs market
2021
2025
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2021
2025
Debt / equity
0.19×
This company
0.62×
Market median
+69% vs market
2021
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 2023-01-01 – 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
Management
Actively employed in the business
Name
Role
Member since
Current (2)
LH
Lasse Heggen Åsbø
Deputy Member
Deputy Member
2008
IÅ
Ivar Åsbø
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
GH
Grete Heggen Åsbø
Board of Directors
2008
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Åsbø Holding As
Company
100%
100%
2024
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Company hierarchy
Åsbø Holding As
ÅSBØ SANDDRIFT AS
(this company)
Board network connections
Board members of ÅSBØ SANDDRIFT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lasse Heggen Åsbø
Deputy Member
0 companies
Ivar Åsbø
Chief Executive Officer
0 companies
Grete Heggen Åsbø
Board of Directors
0 companies