BORG UTVIKLING AS
Operating
Kjøp, utvikling og salg av fast eiendom, samt alt som står naturlig i
forbindelse med dette, inklusiv å investere i selskaper med lignende
formål.
Organization
- CEO
- MW
Martin Witnes1974
- Chairman of the board
- PW
Petter Witnes1982
- Years since formation
- 5 years
- since Feb 24, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2025
- 29,086,311
- NOK
- Annual total result 2025
- -1,567,227
- NOK
- Total equity 2025
- -2,273,009
- NOK
Last update: Jun 10, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MW 1974 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
PW 1982 | Chairman | 50 % indirectly |
MW 1974 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
PW 1982 | Chairman | 50 % indirectly |
AP 1986 | - | 50 % indirectly |
Last update: Jun 8, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 0Operating profit 2025: NOK -60,497Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 29,086,311 | 333,759 | 169,501 | 73,016 | 12,356 |
Annual Total Result | -1,567,227 | -576,212 | -127,533 | -79,449 | -13,588 |
Total assets | 42,547,327 | 33,389,704 | 10,460,195 | 4,147,491 | 158,353 |
Total liabilities | 44,820,336 | 34,156,486 | 10,650,765 | 4,210,528 | 141,941 |
Total equity | -2,273,009 | -766,782 | -190,570 | -63,037 | 16,412 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 29,086,311 | 333,759 | 169,501 | 73,016 | 12,356 |
Total operating costs | 28,243,546 | 310,190 | 97,441 | 65,723 | 25,944 |
Operating result | 842,765 | 23,569 | 72,060 | 7,293 | -13,588 |
Financial income/costs | -2,409,991 | -599,781 | -199,593 | -86,742 | 0 |
Profit before tax | -1,567,227 | -576,212 | -127,533 | -79,449 | -13,588 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 | 0 |
Annual Total Result | -1,567,227 | -576,212 | -127,533 | -79,449 | -13,588 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 4,713,299 | 3,500,000 | 7,088,842 | 0 | 0 |
Total current assets | 37,834,028 | 29,889,704 | 3,371,353 | 4,147,491 | 158,353 |
Total assets | 42,547,327 | 33,389,704 | 10,460,195 | 4,147,491 | 158,353 |
Short term debt | 22,388 | 11,151,486 | 200,765 | 20,528 | 141,941 |
Long term debt | 0 | 23,005,000 | 10,450,000 | 4,190,000 | 0 |
Total liabilities | 44,820,336 | 34,156,486 | 10,650,765 | 4,210,528 | 141,941 |
Contributed capital | 91,000 | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -2,364,009 | -796,782 | -220,570 | -93,037 | -13,588 |
Total equity | -2,273,009 | -766,782 | -190,570 | -63,037 | 16,412 |
Total equity and liabilities | 42,547,327 | 33,389,704 | 10,460,195 | 4,147,491 | 158,353 |
Classification
21st company classification
BETA
Small 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