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I

IVAR A. BORGEN AS921 196 539

Crushed stone
Limited company
Epletveit 38 4865 ÅMLI, Norge

IVAR A. BORGEN AS

Keywords

extractiondredgingindustrial sandconstruction sandgravelquarryingcrushingsandclayrefractory claykaolin

Organization

Chairman of the board
Years since formation
7 years
since Jul 26, 2018
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
30
1 share class
Total number of shareholders
2
persons

Financials

Total operating income 2024
2,463,743
NOK
Annual total result 2024
223,743
NOK
Total equity 2024
974,099
NOK
Last update: Jul 1, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO
50 %
directly

Board

NameRoleShares
Chairman
50 %
directly

Others

NameRoleShares
R
REGNSKAPSTJENESTER SØR SA
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
50 %
directly
-
50 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
15
50 %
Ordinary shares
15
50 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
2,463,743
3,076,380
2,245,487
2,838,939
Annual Total Result
223,743
152,675
23,965
-91,223
Total assets
2,677,069
4,170,359
3,932,663
3,835,810
Total liabilities
1,702,969
3,420,003
3,334,982
3,262,094
Total equity
974,099
750,356
597,681
573,716

P&L

Year2024202320222021
Total operating income
2,463,743
3,076,380
2,245,487
2,838,939
Total operating costs
2,038,560
2,771,932
2,126,755
2,882,839
Operating result
425,183
304,448
118,732
-43,900
Financial income/costs
-96,104
-108,784
-87,619
-73,015
Profit before tax
329,079
195,664
31,113
-116,915
Total tax & extraordinary income/cost
105,336
42,989
7,148
-25,692
Annual Total Result
223,743
152,675
23,965
-91,223

Balance overview

Year2024202320222021
Total fixed assets
656,651
961,048
1,492,392
1,664,276
Total current assets
2,020,418
3,209,312
2,440,272
2,171,534
Total assets
2,677,069
4,170,359
3,932,663
3,835,810
Short term debt
870,503
2,335,353
1,975,178
1,678,328
Long term debt
832,466
1,084,651
1,359,804
1,583,766
Total liabilities
1,702,969
3,420,003
3,334,982
3,262,094
Contributed capital
20,430
20,430
20,430
20,430
Retained earnings
953,669
729,926
577,251
553,286
Total equity
974,099
750,356
597,681
573,716
Total equity and liabilities
2,677,069
4,170,359
3,932,663
3,835,810

Classification

Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
B
Main industrial area
Mining and quarrying
08
Activity
Other mining and quarrying
08.1
Main industrial group
Quarrying of stone, sand and clay
08.12
Industrial group
Operation of gravel and sand pits; mining of clays and kaolin
08.120
Industrial group
Operation of gravel and sand pits; mining of clays and kaolin