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Borg Armering AS
AS
Active
Org 989997424
Greåkerveien 12, 1718
Greåker
Other specialised construction activities n.e.c.
·
NACE 4399
Est. 2006 · 20 years old
59 employees
Monitor
Share
Norway
/
Companies
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Other specialised construction activities n.e.c.
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Borg Armering AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
65M
49M
32M
16M
0M
2021: 48M
48M
2021
2022: 36M (-25% vs 2021)
36M
-25%
2022
2023: 37M (+3% vs 2022)
37M
+3%
2023
2024: 36M (-3% vs 2023)
36M
-3%
2024
2025: 52M (+44% vs 2024)
52M
+44%
2025
EBITDA
NOK millions
5M
4M
2M
1M
0M
2021: 3M
3M
2021
2022: 4M (+33% vs 2021)
4M
+33%
2022
2023: 4M (0% vs 2022)
4M
0%
2023
2024: 3M (-25% vs 2023)
3M
-25%
2024
2025: 0M (-100% vs 2024)
0M
-100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
52 035
36 463
36 827
35 824
47 807
Staff expenses
−42 734
−29 346
−26 554
−24 090
−31 598
EBITDA
112
2 731
3 941
3 816
2 902
Depreciation & amort.
−1 230
−1 023
−983
−2 024
−1 628
EBIT
−1 118
1 707
2 958
1 792
1 273
Net financials
195
254
114
94
100
Profit before tax
−923
1 961
3 072
1 886
1 373
Tax
−197
455
685
439
317
Net profit
−725
1 506
2 387
1 447
1 056
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
19 915
18 806
20 113
18 036
18 116
Equity
7 835
7 936
8 326
7 939
7 892
Long-term debt
0
122
298
343
90
Short-term debt
12 021
10 748
11 489
9 754
10 134
Total debt
12 080
10 870
11 787
10 097
10 224
Financial ratios
5-year trend
EBITDA margin
0,2 %
This company
15,8 %
Market median
This company
Market median
99% below market
2021
2025
Equity ratio
39,3 %
This company
38,2 %
Market median
This company
Market median
3% above market
2021
2025
Return on equity
−9,3 %
This company
18,4 %
Market median
This company
Market median
151% below market
2021
2025
Net profit margin
−1,4 %
This company
8,1 %
Market median
This company
Market median
117% below market
2021
2025
Asset turnover
2,61×
This company
1,12×
Market median
This company
Market median
133% above market
2021
2025
Debt / equity
1,54×
This company
0,62×
Market median
This company
Market median
148% above 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
More on Borg Armering AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
