Borgestad (OSL: BOR) financial statements
The consolidated income statement, balance sheet and cash flow statement of Borgestad for its last 6 fiscal years, as filed with the regulator, in millions of Norwegian kroner. At the end of fiscal 2025 it had NOK 1,467m in total assets and NOK 715.1m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | NOK 1,106m | NOK 1,140m | NOK 1,106m | NOK 918.8m | NOK 883.3m | NOK 838.9m |
| Cost of sales | — | — | — | NOK 260.6m | NOK 297.1m | NOK 296.4m |
| Operating profit | NOK 52.6m | NOK 104.3m | NOK 1.4m | −NOK 70.8m | NOK 43.3m | −NOK 116.4m |
| Finance costs | NOK 37.9m | NOK 34.2m | NOK 55.9m | — | — | — |
| Profit before tax | NOK 23.9m | NOK 82.3m | −NOK 37.3m | −NOK 124.3m | −NOK 40.0m | −NOK 162.2m |
| Income tax | NOK 3.5m | NOK 20.5m | NOK 26.3m | NOK 1.8m | −NOK 16.4m | NOK 12.8m |
| Net profit | NOK 15.3m | NOK 45.2m | −NOK 78.3m | −NOK 124.8m | −NOK 24.1m | −NOK 165.5m |
| Earnings per share | NOK 0.44 | NOK 1.29 | −NOK 23.00 | −NOK 1.11 | −NOK 1.89 | — |
| Diluted earnings per share | — | NOK 1.29 | −NOK 23.00 | −NOK 1.11 | −NOK 1.89 | — |
| Depreciation and amortisation | NOK 39.8m | NOK 34.7m | NOK 31.8m | NOK 31.8m | NOK 33.3m | NOK 39.9m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | NOK 1,467m | NOK 1,463m | NOK 1,406m | NOK 1,467m | NOK 1,432m | NOK 1,534m |
| Current assets | NOK 477.4m | NOK 497.1m | NOK 463.8m | NOK 455.4m | NOK 357.1m | NOK 369.0m |
| Inventories | NOK 138.1m | NOK 126.3m | NOK 118.7m | NOK 147.3m | NOK 138.3m | NOK 157.6m |
| Goodwill | NOK 110.8m | NOK 90.1m | NOK 90.1m | NOK 87.2m | NOK 87.9m | NOK 90.8m |
| Cash | NOK 152.6m | NOK 220.5m | NOK 152.7m | NOK 91.1m | NOK 48.3m | NOK 61.9m |
| Current liabilities | NOK 270.0m | NOK 260.6m | NOK 273.0m | NOK 344.7m | NOK 552.7m | NOK 384.7m |
| Equity | NOK 715.1m | NOK 728.8m | NOK 682.6m | NOK 453.2m | NOK 281.4m | NOK 319.7m |
| Equity including minorities | NOK 802.9m | NOK 809.0m | NOK 755.8m | NOK 507.9m | NOK 339.3m | NOK 383.8m |
| Minority interests | NOK 87.8m | NOK 80.2m | NOK 73.3m | NOK 54.7m | NOK 57.9m | NOK 64.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | NOK 33.8m | NOK 149.3m | NOK 166.9m | −NOK 50.6m | −NOK 5.3m | −NOK 3.3m |
| Investing cash flow | −NOK 49.2m | −NOK 19.3m | −NOK 36.6m | −NOK 8.1m | NOK 55.3m | −NOK 11.7m |
| Financing cash flow | −NOK 52.5m | −NOK 62.2m | −NOK 68.7m | NOK 101.5m | −NOK 63.6m | −NOK 26.8m |
Where each figure comes from
From the annual report Borgestad files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Borgestad page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.