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COMPANY CARD COMPANY
BRØDRENE SÆTHRE AS
Rental and operating of own or leased real estate
51,3 % EBIT margin
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 10 966 446 | 32 891 760 | 14 870 704 |
| Operating profit | 5 620 401 | 26 224 794 | 6 664 969 |
| Net income | 9 543 530 | 25 074 033 | 12 382 824 |
| Equity | 80 591 834 | 80 048 304 | 63 974 271 |
| Total assets | 122 203 144 | 119 869 382 | 110 000 636 |
| EBIT margin | 51,3 % | 79,7 % | 44,8 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
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 deb4b1250aff
- 2024 · NOK · original-NOK · source version 6baeec4efb04
- 2023 · NOK · original-NOK · source version beaba972df9a
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 statement12 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 10 966 446 | 13 603 562 | — |
| Total operating revenue | 10 966 446 | 32 891 760 | 14 870 704 |
| Operating expenses | |||
| Wage costs | 282 900 | 834 390 | 725 132 |
| Total operating expenses | 5 346 045 | 6 666 966 | 8 205 735 |
| Operating profit | |||
| Operating income (EBIT) | 5 620 401 | 26 224 794 | 6 664 969 |
| Financial income | |||
| Total finance income | 6 799 452 | 6 327 243 | 8 479 882 |
| Financial expenses | |||
| Other interest expense | 1 398 806 | 1 510 191 | 1 375 913 |
| Total finance costs | 1 398 806 | 1 510 191 | 1 377 528 |
| Net finance result | 5 400 646 | 4 817 052 | 7 102 354 |
| Results and tax | |||
| Income before tax | 11 021 047 | 31 041 846 | 13 767 323 |
| Tax expense on ordinary income | 1 477 517 | 5 967 813 | 1 384 499 |
| Net income | 9 543 530 | 25 074 033 | 12 382 824 |
Balance sheet12 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 101 473 513 | 81 537 252 | 91 838 937 |
| Current assets | |||
| Total receivables | 4 372 633 | 5 176 478 | 8 346 968 |
| Total cash and cash equivalents | 16 356 998 | 33 155 652 | 9 814 731 |
| Total current assets | 20 729 631 | 38 332 130 | 18 161 699 |
| Total assets | 122 203 144 | 119 869 382 | 110 000 636 |
| Equity | |||
| Total paid-in equity | 5 175 000 | 5 175 000 | 5 175 000 |
| Total retained earnings | 75 416 834 | 74 873 304 | 58 799 271 |
| Total equity | 80 591 834 | 80 048 304 | 63 974 271 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | 30 189 323 | 27 631 517 | 37 345 849 |
| Current liabilities | |||
| Total current liabilities | 11 421 986 | 12 189 561 | 8 680 516 |
| Total liabilities | 41 611 309 | 39 821 078 | 46 026 365 |
| Total | |||
| Total equity and liabilities | 122 203 143 | 119 869 382 | 110 000 636 |
Executive salaryUnavailable
No information in the available financial statement data.
Consolidated financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 234 822 255 | 214 797 608 | 246 852 033 |
| Operating profit | 7 544 656 | 27 779 924 | 13 624 585 |
| Net income | 8 232 952 | 23 008 710 | 13 534 701 |
| Equity | 88 848 044 | 89 615 091 | 75 606 382 |
| Total assets | 180 017 383 | 147 265 464 | 149 384 529 |
| EBIT margin | 3,2 % | 12,9 % | 5,5 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
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 9fc2e98ba583
- 2024 · NOK · original-NOK · source version 965ebc37245e
- 2023 · NOK · original-NOK · source version 011efd7d7d77
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 statement12 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 234 822 255 | 201 223 465 | 237 483 202 |
| Total operating revenue | 234 822 255 | 214 797 608 | 246 852 033 |
| Operating expenses | |||
| Wage costs | 24 143 140 | 22 187 916 | 22 339 434 |
| Total operating expenses | 227 277 599 | 187 017 684 | 233 227 448 |
| Operating profit | |||
| Operating income (EBIT) | 7 544 656 | 27 779 924 | 13 624 585 |
| Financial income | |||
| Total finance income | 4 007 200 | 3 089 520 | 4 236 984 |
| Financial expenses | |||
| Other interest expense | 1 399 623 | 1 510 308 | 1 435 957 |
| Total finance costs | 1 457 903 | 1 549 150 | 1 435 957 |
| Net finance result | 2 549 297 | 1 540 370 | 2 801 027 |
| Results and tax | |||
| Income before tax | 10 093 953 | 29 320 294 | 16 425 612 |
| Tax expense on ordinary income | 1 861 001 | 6 311 584 | 2 890 911 |
| Net income | 8 232 952 | 23 008 710 | 13 534 701 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 107 073 192 | 85 637 956 | 98 163 038 |
| Current assets | |||
| Total inventory | 17 791 826 | 18 208 438 | 24 623 208 |
| Total receivables | 38 484 387 | 9 945 766 | 16 507 208 |
| Total cash and cash equivalents | 16 667 978 | 33 473 304 | 10 091 075 |
| Total current assets | 72 944 191 | 61 627 508 | 51 221 491 |
| Total assets | 180 017 383 | 147 265 464 | 149 384 529 |
| Equity | |||
| Total paid-in equity | 5 175 000 | 5 175 000 | 5 175 000 |
| Total retained earnings | 83 673 044 | 84 440 091 | 70 431 382 |
| Total equity | 88 848 044 | 89 615 091 | 75 606 382 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | 30 588 899 | 30 237 007 | 43 637 588 |
| Current liabilities | |||
| Total current liabilities | 60 580 440 | 27 413 366 | 30 140 559 |
| Total liabilities | 91 169 339 | 57 650 373 | 73 778 147 |
| Total | |||
| Total equity and liabilities | 180 017 383 | 147 265 464 | 149 384 529 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 68.200 · Rental and operating of own or leased real estate Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Svartbekkvegen 25, 2406 ELVERUM
- Founded
- 28.10.1968
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Svartbekkvegen 25, 2406 ELVERUM
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.
| Name | Role | Source date |
|---|---|---|
| FRAM REVISJON ASView role record | Auditor | 14.11.2026 |
| John Birger SæthreBorn 1953 | General manager | 14.11.2026 |
| AB ØKONOMI ASView role record | Accountant | 14.11.2026 |
| Bjørn SæthreBorn 1961 | Board member | 14.11.2026 |
| Arne SæthreBorn 1961 | Board member | 14.11.2026 |
| John Birger SæthreBorn 1953 | Chair of the board | 14.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
As of 31 December 2025 · 3 of 3 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| BJØRN SÆTHRE ASView ownership entryView share entries → | 36,00 % · Ordinary shares | 31.12.2025 |
| ELVERUM SPORT ASView ownership entryView share entries → | 32,00 % · Ordinary shares | 31.12.2025 |
| JOHN BIRGER SÆTHRE ASView ownership entryView share entries → | 32,00 % · Ordinary shares | 31.12.2025 |
- BJØRN SÆTHRE ASOrdinary shares36,00 %
- ELVERUM SPORT ASOrdinary shares32,00 %
- JOHN BIRGER SÆTHRE ASOrdinary shares32,00 %
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 (6)
- 2024 · BJØRN SÆTHRE AS · 36,00 %
- 2024 · ELVERUM SPORT AS · 32,00 %
- 2024 · JOHN BIRGER SÆTHRE AS · 32,00 %
- 2023 · BJØRN SÆTHRE AS · 36,00 %
- 2023 · ELVERUM SPORT AS · 32,00 %
- 2023 · JOHN BIRGER SÆTHRE AS · 32,00 %
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 · 3 of 3 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| BJØRN SÆTHRE ASView ownership entryView share entries → | 36,00 % · Ordinary shares | 31.12.2025 |
| ELVERUM SPORT ASView ownership entryView share entries → | 32,00 % · Ordinary shares | 31.12.2025 |
| JOHN BIRGER SÆTHRE ASView ownership entryView share entries → | 32,00 % · 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.