BORTHEN GRUPPEN AS

Operating

Eiendomsutvikling, agentur og handel, produksjon, transport, kjøp og drift av fast eiendom, og alt som er naturlig i forbindelse med dette, herunder å delta i andre selskaper.

Eiendomsutvikling m.m.

Organization

CEO: TW
Tom Willy Borthen1966
Chairman of the board: TW
Tom Willy Borthen1966
Years since formation: 20 years; since Dec 14, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 2 share classes
Total number of shareholders: 3; persons
Belongs to group of

Financials

Total operating income 2025: 17,893,931; NOK
Annual total result 2025: 12,403,210; NOK

Last update: Jul 28, 2026

Management

Management / administration

Name	Role	Shares
TW Tom Willy Borthen 1966	Managing Director/CEO	80 % directly

Board

Name	Role	Shares
TW Tom Willy Borthen 1966	Chairman	80 % directly
OW Ola Wangen Borthen 1994	Board Member	10 % directly
MW Magnus Wangen Borthen 1992	Board Member	10 % directly

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TW Tom Willy Borthen 1966	Managing Director/CEO, Chairman	80 % directly
OW Ola Wangen Borthen 1994	Board Member	10 % directly
MW Magnus Wangen Borthen 1992	Board Member	10 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
TW Tom Willy Borthen 1966	A-shares	80	80 %
MW Magnus Wangen Borthen 1992	Class B shares	10	10 %
OW Ola Wangen Borthen 1994	Class B shares	10	10 %

Shares owned by the BORTHEN GRUPPEN AS

Name	Share class	Total number of shares	Share
E ENEBAKK BYGGEVARE AS	Ordinary shares	30	100 %
L LILLESTRØMVEIEN 174 AS	Ordinary shares	3,000	100 %
N NORWAY ROADS AS	Ordinary shares	150	100 %
O OSLOVEIEN 624 AS	Ordinary shares	111,800	100 %
G GNEISVEIEN 6 OG 8 AS	Ordinary shares	100	100 %
L LILLESTRØMVEIEN 267 AS	Ordinary shares	263	100 %
E Enebakk Trelast A/S	Ordinary shares	2,925	100 %
B BORTHEN MOTORSPORT AS	Ordinary shares	100	100 %
M MOGAM EIENDOM AS	Ordinary shares	315	85.14 %
B BYGGOUTLET AS Closed	Ordinary shares	3,210	81.68 %
A ANDRESEN OG BORTHEN AS	Ordinary shares	220	79.42 %
B BYGG OG TØMMERMESTER PER-ERIK ØSTLIE AS	Ordinary shares	900,000	66.67 %
H HØGÅSTOPPEN AS	Ordinary shares	608	60.8 %
V VÅGVANN PANORAMA AS	Ordinary shares	500	50 %
R RINGVOLL NÆRINGSEIENDOM AS	Ordinary shares	250	33.33 %
O OSLOVEIEN NÆRINGSSENTER AS Under liquidation	Ordinary shares	139	23.17 %
E ENEBAKK RØR AS	Ordinary shares	100	20 %
C CAVENDISH HYDROGEN ASA	NO0013219535	63,592	0.19 %
K KONGSBERG AUTOMOTIVE ASA	NO0003033102	1,027,780	0.11 %
N NRC GROUP ASA	NO0003679102	139,040	0.08 %
S SPOTLIO AS	NO0010781560	145,416	0.07 %
A ARCTIC BIOSCIENCE AS	NO0010859580	16,500	0.07 %
C CODELAB CAPITAL AS	NO0010895667	53,332	0.02 %
H HEXAGON PURUS ASA	NO0010904923	79,602	0.02 %
A AKER HORIZONS ASA Closed	NO0010921232	59,300	< 0.01 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	130,000	< 0.01 %

Last update: Jun 2, 2025

Group structure

BORTHEN GRUPPEN AS
Total operating income 2025: NOK 17,893,931
Operating profit 2025: NOK -3,779,997
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	17,893,931	7,700,400	18,685,318	187,166,908	30,774,410
Annual Total Result	12,403,210	-12,095,131	3,270,384	143,100,672	44,034,739
Total assets	0	263,775,948	238,855,103	258,501,848	258,364,694
Total liabilities	0	104,451,663	67,435,686	87,352,816	230,376,334
Total equity	0	159,324,285	171,419,416	171,149,032	27,988,360

P&L

Year	2025	2024	2023	2022	2021
Total operating income	17,893,931	7,700,400	18,685,318	187,166,908	30,774,410
Total operating costs	21,673,928	15,226,613	18,705,239	154,103,496	23,273,159
Operating result	-3,779,997	-7,526,213	-19,921	33,063,411	7,501,252
Financial income/costs	18,470,730	-4,368,346	3,347,640	115,342,171	36,578,445
Profit before tax	14,690,733	-11,894,558	3,327,719	148,405,582	44,079,697
Total tax & extraordinary income/cost	2,287,523	200,573	57,335	5,304,910	44,958
Annual Total Result	12,403,210	-12,095,131	3,270,384	143,100,672	44,034,739

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	144,686,118	84,617,386	77,380,242	114,836,181
Total current assets	119,089,830	154,237,716	181,121,607	143,528,513
Total assets	263,775,948	238,855,103	258,501,848	258,364,694
Short term debt	12,068,584	23,882,315	42,490,912	45,302,907
Long term debt	92,383,079	43,553,372	44,861,904	185,073,427
Total liabilities	104,451,663	67,435,686	87,352,816	230,376,334
Contributed capital	160,000	160,000	160,000	100,000
Retained earnings	159,164,285	171,259,416	170,989,032	27,888,360
Total equity	159,324,285	171,419,416	171,149,032	27,988,360
Total equity and liabilities	263,775,948	238,855,103	258,501,848	258,364,694

Classification

21st company classification

BETA

Industrial mother company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

BORTHEN GRUPPEN AS990 601 534