2025 · company↑ 9,6 % from 2024
Explore more Norwegian companies →
COMPANY CARD COMPANY
BROWNELLS NORGE AS
Business reg. no. 914 633 508ASVEGÅRSHEIIndustry code 47.631
Retail sale of sports equipment
Equity ratio: Medium · 18,7 % (2025)
2025 · company↓ 176,5 % from 2024
-1,1 % EBIT margin
RegisteredRegistry data 14.11.2026
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 16 589 509 | 15 131 452 | 14 273 786 |
| Operating profit | -178 064 | 232 679 | -1 067 957 |
| Net income | -236 214 | -1 923 | -889 779 |
| Equity | 1 119 666 | 985 978 | 439 556 |
| Total assets | 5 982 608 | 5 619 829 | 5 379 035 |
| EBIT margin | -1,1 % | 1,5 % | -7,5 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
↑ 9,6 % from 2024
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
↓ 176,5 % from 2024
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Sources and conversion basis
Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.
- 2025 · NOK · original-NOK · source version 0af7773897f1
- 2024 · NOK · original-NOK · source version 1bfa51403e26
- 2023 · NOK · original-NOK · source version c3137413524a
Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.
Income statement13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 16 343 509 | 15 131 452 | 14 273 786 |
| Total operating revenue | 16 589 509 | 15 131 452 | 14 273 786 |
| Operating expenses | |||
| Wage costs | 1 868 937 | 847 907 | 2 121 863 |
| Total operating expenses | 16 767 573 | 14 898 774 | 15 341 743 |
| Operating profit | |||
| Operating income (EBIT) | -178 064 | 232 679 | -1 067 957 |
| Financial income | |||
| Total finance income | 160 933 | 76 091 | 143 321 |
| Financial expenses | |||
| Other interest expense | 188 617 | 182 816 | 129 725 |
| Total finance costs | 281 864 | 303 772 | 208 198 |
| Net finance result | -120 931 | -227 681 | -64 877 |
| Results and tax | |||
| Income before tax | -298 994 | 4 997 | -1 132 834 |
| Tax expense on ordinary income | -62 780 | 6 920 | -243 055 |
| Net income | -236 214 | -1 923 | -889 779 |
| Total comprehensive income | -236 214 | -1 923 | -889 779 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 90 800 | 278 568 | 488 953 |
| Current assets | |||
| Total inventory | 1 768 414 | 1 375 712 | 1 150 210 |
| Total receivables | 3 929 360 | 3 850 416 | 2 890 450 |
| Total cash and cash equivalents | 194 034 | 115 133 | 849 421 |
| Total current assets | 5 891 808 | 5 341 261 | 4 890 082 |
| Total assets | 5 982 608 | 5 619 829 | 5 379 035 |
| Equity | |||
| Total paid-in equity | 30 000 | 30 000 | 30 000 |
| Total retained earnings | 1 089 666 | 955 978 | 409 556 |
| Total equity | 1 119 666 | 985 978 | 439 556 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | 2 309 746 | 2 496 548 | 2 700 000 |
| Current liabilities | |||
| Total current liabilities | 2 553 197 | 2 137 303 | 2 239 480 |
| Total liabilities | 4 862 943 | 4 633 851 | 4 939 480 |
| Total | |||
| Total equity and liabilities | 5 982 608 | 5 619 829 | 5 379 035 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 47.631 · Retail sale of sports equipment Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Heiveien 882, 4985 VEGÅRSHEI
- Founded
- 12.12.2014
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Heiveien 882, 4985 VEGÅRSHEI
Companies at the same address
Available company cards
About the address match
Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.
REGISTERED ROLES
The people and companies behind it.
Search registered roles →Explore positions and documented connections.
| Name | Role | Source date |
|---|---|---|
| EXACTA ASView role record | Accountant | 14.11.2026 |
| Olav AasBorn 1968 | Chair of the board | 14.11.2026 |
| AGDER-TEAM REVISJON ASView role record | Auditor | 14.11.2026 |
| Tore VarlidBorn 1973 | General manager | 14.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
Search shareholders →Find a shareholder and follow reported ownership entries.
As of 31 December 2025 · 1 of 1 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| BROWNELLS EUROPE ASView ownership entryView share entries → | 100,00 % · Ordinary shares | 31.12.2025 |
100,0 %displayed share of shares
- BROWNELLS EUROPE ASOrdinary shares100,00 %
Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.
Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.
Previously reported ownership entries (2)
- 2024 · BROWNELLS EUROPE AS · 100,00 %
- 2023 · BROWNELLS EUROPE AS · 100,00 %
YEAR-DATED OWNERSHIP
Company share entries
The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.
YEAR-DATED OWNERSHIP
Indirect ownership
Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.
CONNECTIONS
Explore the ownership structure.
Directly reported ownership entries are shown first. Open the map to explore further.
Direct ownership entries without an interactive map
As of 31 December 2025 · 1 of 1 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| BROWNELLS EUROPE ASView ownership entryView share entries → | 100,00 % · Ordinary shares | 31.12.2025 |
Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.
Open interactive map for direct ownership entries
CONNECTIONS
Explore the ownership structure.
See owners and open further company levels, using the same year throughout the tree.
Click a company to open owners. Select i for details.