BLUEBERRY CAPITAL AS

Blueberry Capital – Kunsten å sette det i system

For investorer, av investorer Blueberry Capital er et investeringsfond som ble grunnlagt i 2010. Vi har siden oppstart levert en solid risikojustert avkastning på 14,5% årlig og over 510% totalt. Fondet Blueberry Capital AS er et investeringsselskap som er registrert som et Alternativt Investeringsfond (AIF) hos Finanstilsynet i Norge. Det innebærer at innholdet på følgende…

Organization

CEO: MB
Marius Borthen1985
Chairman of the board: PB
Philip Bailli Nergaard Mørch1987
Years since formation: 15 years; since Jun 17, 2010
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 15,860; 2 share classes
Total number of shareholders: 153; 100 companies, 53 persons

Financials

Total operating income 2024: 95,500,016; NOK
Annual total result 2024: 71,495,371; NOK
Total equity 2024: 555,563,520; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
MB Marius Borthen 1985	Managing Director/CEO	1.58 % directly 0.16 % indirectly 1.41 %

Board

Name	Role	Shares
FM Finn Magnus Flesland Torall 1986	Board Member	6.24 % indirectly
PB Philip Bailli Nergaard Mørch 1987	Chairman	-
LS Lena Skeie 1973	Board Member	4 % indirectly
MH Morten Henrik Kielland 1952	Board Member	2.37 % directly 2.36 %
BL Birgit Lovise Røkkum Skarstein 1989	Board Member	-

Others

Name	Role	Shares
C CROWE PARTNER REVISJON AS	Auditor	-
E ECIT VEIBY AKONTO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
FM Finn Magnus Flesland Torall 1986	Board Member	6.24 % indirectly
LS Lena Skeie 1973	Board Member	4 % indirectly
RK Roger Kolberg 1975	-	4 % indirectly
TK Terje Kolberg 1978	-	4 % indirectly
TP Thomas Peter Olsen Jebsen 1988	-	3.26 % indirectly
MH Morten Henrik Kielland 1952	Board Member	2.37 % directly 2.36 %
OW Oddmund Wiig 1958	-	1.99 % indirectly
AK Anders Kvåle 1981	-	1.87 % indirectly
SN Stian Nicolaus 1973	-	1.85 % indirectly
FN Frode Ness 1986	-	1.68 % indirectly

Last update: May 23, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KVERNMO HOLDING AS	Class B shares	1,269	8 %
T TORALL AS	Class B shares	990	6.24 %
L LESK AS	Class B shares	635	4 %
B BEORN AS	Class B shares	517	3.26 %
S SABINUM AS	Class B shares	472	2.98 %
MH Morten Henrik Kielland 1952	Class B shares	375	2.36 %
W WIKO AS	Class B shares	350	2.21 %
I IKOS SUBSIDIARY AS	Class B shares	325	2.05 %
M MOKASTET HOLDING AS	Class B shares	315	1.99 %
S STEELBIRD AS	Class B shares	296	1.87 %
E EFA HOLDING AS	Class B shares	276	1.74 %
A ANDEBY CAPITAL AS	Class B shares	267	1.68 %
M MAGELLAN CAPITAL AS	Class B shares	224	1.41 %
MH Marthe H Skogvoll 1986	Class B shares	208	1.31 %
A ACANE AS	Class B shares	205	1.29 %
P PEM INVEST AS	Class B shares	203	1.28 %
R RINGSTUN HOLDING AS	Class B shares	200	1.26 %
L LBM INVEST AS	Class B shares	200	1.26 %
A ANPARO AS	Class B shares	194	1.22 %
J JÆREGG AS	Class B shares	193	1.22 %
N NICO INTERNATIONAL AS	Class B shares	189	1.19 %
R RCJ HOLDING AS	Class B shares	188	1.19 %
A ANGA KAPITAL AS	Class B shares	184	1.16 %
G GINOR AS	Class B shares	176	1.11 %
K KARL SIVERT SUNDE AS	Class B shares	159	1 %
S SULEFJELL AS	Class B shares	158	1 %
R RIEBER & SØN AS	Class B shares	158	1 %
C CADABRA AS	Class B shares	156	0.98 %
M MÅKSE AS	Class B shares	155	0.98 %
K KULA INVEST AS	Class B shares	150	0.95 %
G GTBA FORVALTNING AS	Class B shares	150	0.95 %
S SELOJ AS	Class B shares	150	0.95 %
E EGEBERG HOLDING AS	Class B shares	149	0.94 %
S SYNOVIA AS	Class B shares	146	0.92 %
P PGCP AS	Class B shares	144	0.91 %
CC Carl Christian Schou 1958	Class B shares	139	0.88 %
K KRIMANI AS	Class B shares	138	0.87 %
S SMIDT & SMULE AS	Class B shares	137	0.86 %
BF Børre Foss 1966	Class B shares	133	0.84 %
P PRIMUS INVEST AS	Class B shares	130	0.82 %
N NIPEN INVEST AS	Class B shares	112	0.71 %
ES Erik Sønderland Skarbøvik 1987	Class B shares	110	0.69 %
IB Idar Bakke 1975	Class B shares	109	0.69 %
K KAMØY HOLDINGS AS	Class B shares	103	0.65 %
MM Morten Muggerud 1960	Class B shares	103	0.65 %
F FUGLEMYRA INVEST AS	Class B shares	100	0.63 %
F FAMBO INVEST AS	Class B shares	100	0.63 %
S SATCOM NORDIC AS	Class B shares	100	0.63 %
M MARANELL AS	Class B shares	95	0.6 %
B BASCAP AS	Class B shares	95	0.6 %
C CAMELIA AS	Class B shares	95	0.6 %
JO John Ola Larsen Hjelle 1983	Class B shares	89	0.56 %
R RAPP & CO AS	Class B shares	88	0.55 %
RL Roar Lie 1957	Class B shares	88	0.55 %
L LAGA HOLDING AS	Class B shares	88	0.55 %
B BJØRNVOLD INVEST AS	Class B shares	86	0.54 %
A APO-NOR AS	Class B shares	85	0.54 %
S SCHOCI AS	Class B shares	83	0.52 %
U UNHJEM INVEST AS	Class B shares	81	0.51 %
O ORYX INVEST AS	Class B shares	81	0.51 %
H HANSH AS	Class B shares	81	0.51 %
TH Tor Herman Smedsrud 1987	Class B shares	78	0.49 %
R RAGAZZI AS	Class B shares	78	0.49 %
C CREAM HF AS	Class B shares	76	0.48 %
TE Tor Egil Holmen 1965	Class B shares	75	0.47 %
K KHIH AS	Class B shares	75	0.47 %
L LA GRANJA AS	Class B shares	72	0.45 %
W WILDHORN INVEST AS	Class B shares	72	0.45 %
H HD CAPITAL AS	Class B shares	67	0.42 %
JS Jørgen Smith Larsen 1957	Class B shares	66	0.42 %
KS Kristian Sommerfelt Kjelstad 1985	Class B shares	64	0.4 %
N NAVIO AS	Class B shares	62	0.39 %
ER Eivind Rimstad 1985	Class B shares	62	0.39 %
A ATTICUS AS	Class B shares	62	0.39 %
HM Harald Magnus Sommer Andreassen 1956	Class B shares	60	0.38 %
K K2 KAPITAL AS	Class B shares	56	0.35 %
H HALLELUJA AS	Class B shares	56	0.35 %
SJ Steinar Johan Aarskog 1952	Class B shares	56	0.35 %
C C. SMITH HOLDING AS	Class B shares	56	0.35 %
ST Steinar Thore Nyrud 1968	Class B shares	56	0.35 %
B BONUS PATER AS	Class B shares	56	0.35 %
P PIIOTARHO AS	Class B shares	54	0.34 %
R RUVER AS	Class B shares	54	0.34 %
JL Jonas Lie Eidal 1986	Class B shares	54	0.34 %
VS Vidar Slåtten 1982	Class B shares	54	0.34 %
K KJETIL EIDESVIK AS	Class B shares	52	0.33 %
B BJÖRKUDDEN AS	Class B shares	50	0.32 %
TJ Trond Jørgensen 1958	Class B shares	48	0.3 %
J JOHANNES ELDØY AS	Class B shares	47	0.3 %
H HOLTANNA AS	Class B shares	42	0.26 %
TB Thomas Borthen 1991	Class B shares	41	0.26 %
E EILO INVEST AS	Class B shares	40	0.25 %
SN Sondre Nøst Arnesen 1986	Class B shares	40	0.25 %
B BUTENSCHØN BOYE AS	Class B shares	39	0.25 %
D DUNDER AS	Class B shares	39	0.25 %
R RYGG & REHAB AS	Class B shares	38	0.24 %
E ESPE WIBSTAD AS	Class B shares	38	0.24 %
A ANDREA INVEST AS	Class B shares	38	0.24 %
M MIGHTY REDS AS	Class B shares	38	0.24 %
V VENIVIDIVICI AS	Class B shares	37	0.23 %

Shares owned by the BLUEBERRY CAPITAL AS

Name	Share class	Total number of shares	Share
E EXACT THERAPEUTICS AS	NO0010852213	700,000	1.11 %
Z ZAPTEC ASA	NO0010713936	238,659	0.27 %
N NORSE ATLANTIC ASA	NO0012885252	200,000	0.14 %
E EUROPRIS ASA	NO0010735343	170,000	0.1 %
H HEXAGON COMPOSITES ASA	NO0003067902	100,000	0.05 %
L LERØY SEAFOOD GROUP ASA	NO0003096208	300,000	0.05 %
E ELOPAK ASA	NO0011002586	100,000	0.04 %
V VEND MARKETPLACES ASA	NO0010736879	60,000	0.03 %
E EIENDOMSSPAR AS	NO0003998700	7,578	0.02 %
A AKER ASA	NO0010234552	5,000	< 0.01 %
A AKER BP ASA	NO0010345853	25,000	< 0.01 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	95,500,016	75,030,012	15,774,262
Annual Total Result	71,495,371	54,856,735	-16,660,133
Total assets	681,569,853	424,970,051	361,819,057
Total liabilities	126,006,333	20,256,866	37,382,756
Total equity	555,563,520	404,713,185	324,436,300

P&L

Year	2024	2023	2022
Total operating income	95,500,016	75,030,012	15,774,262
Total operating costs	16,264,483	14,827,223	29,419,356
Operating result	79,235,533	60,202,789	-13,645,093
Financial income/costs	-4,041,586	-1,786,740	-2,734,089
Profit before tax	75,193,946	58,416,049	-16,379,182
Total tax & extraordinary income/cost	3,698,575	3,559,314	280,951
Annual Total Result	71,495,371	54,856,735	-16,660,133

Balance overview

Year	2024	2023	2022
Total fixed assets	0	0	0
Total current assets	681,569,853	424,970,051	361,819,057
Total assets	681,569,853	424,970,051	361,819,057
Short term debt	121,754,756	20,256,866	37,382,756
Long term debt	4,251,577	0	0
Total liabilities	126,006,333	20,256,866	37,382,756
Contributed capital	365,624,179	289,749,030	260,849,066
Retained earnings	189,939,341	114,964,155	63,587,234
Total equity	555,563,520	404,713,185	324,436,300
Total equity and liabilities	681,569,853	424,970,051	361,819,057

Classification

Type of organization

Limited company

BLUEBERRY CAPITAL AS995 632 381