HÖGANÄS BORGESTAD AS

Developer, producer and supplier of smart refractory solutions - Höganäs Borgestad

WELCOME TO HÖGANÄS BORGESTAD Höganäs Borgestad has a well-deserved global reputation as a developer, producer and supplier of smart refractory and high temperature solutions. Designing refractories is an art, developed through centuries, where material composition, grain size and density are combined with precision; where thermal conductivity, permeability, abrasion resistance and thermal expansion are measured meticulously. ... Read more

Keywords

special installationmachinesescalatorswiringburglar alarmsair conditioning systemsindustrial machinesbowling alleys

Organization

CEO: SE
Siri Stenersen Evensen1976
Chairman of the board: FM
Frode Martinussen1963
Years since formation: 29 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 109

Ownership

Number of shares and share classes: 166,667; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2023: 303,865,495; NOK
Annual total result 2023: 16,590,678; NOK
Total equity 2023: 26,895,108; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
SE Siri Stenersen Evensen 1976	Managing Director/CEO	-

Board

Name	Role	Shares
PL Pål Feen Larsen 1983	Board Member	-
FM Frode Martinussen 1963	Chairman	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Last update: Dec 7, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
BH Borgestad Holding Ab Höganäs	Ordinary shares	166,667	100 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	303,865,495	235,258,760	232,302,404
Annual Total Result	16,590,678	3,679,662	7,466,338
Total assets	104,575,201	92,114,760	102,093,646
Total liabilities	77,680,093	64,879,714	71,326,663
Total equity	26,895,108	27,235,047	30,766,983

P&L

Year	2023	2022	2021
Total operating income	303,865,495	235,258,760	232,302,404
Total operating costs	280,964,116	230,860,089	221,809,277
Operating result	22,901,379	4,398,671	10,493,127
Financial income/costs	-1,449,225	-984,359	-921,276
Profit before tax	21,452,154	3,414,312	9,571,851
Total tax & extraordinary income/cost	4,861,476	-265,350	2,105,513
Annual Total Result	16,590,678	3,679,662	7,466,338

Balance overview

Year	2023	2022	2021
Total fixed assets	13,124,442	13,495,149	35,257,214
Total current assets	91,450,759	78,619,611	66,836,432
Total assets	104,575,201	92,114,760	102,093,646
Short term debt	68,282,919	53,405,639	53,937,111
Long term debt	9,397,174	11,474,075	1,509,550
Total liabilities	77,680,093	64,879,714	71,326,663
Contributed capital	21,526,836	21,526,836	21,541,836
Retained earnings	5,368,272	5,708,211	9,225,147
Total equity	26,895,108	27,235,047	30,766,983
Total equity and liabilities	104,575,201	92,114,761	102,093,646

HÖGANÄS BORGESTAD AS913 936 175