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COMPANY CARD COMPANY
BADNOR AS
Wholesale of hardware, plumbing and heating equipment and supplies
26,0 % 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 | 55 708 577 | 40 442 426 | 34 837 160 |
| Operating profit | 14 495 280 | 7 667 163 | 7 148 774 |
| Net income | 11 084 493 | 5 891 218 | 5 708 754 |
| Equity | 4 818 622 | 5 069 174 | 4 762 756 |
| Total assets | 19 267 006 | 20 275 077 | 18 982 916 |
| EBIT margin | 26,0 % | 19,0 % | 20,5 % |
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 5dbfd05bff66
- 2024 · NOK · original-NOK · source version 9e0b715a286c
- 2023 · NOK · original-NOK · source version a84177b9e4ef
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 statement14 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 54 506 799 | 39 560 279 | 34 420 540 |
| Total operating revenue | 55 708 577 | 40 442 426 | 34 837 160 |
| Operating expenses | |||
| Wage costs | 4 228 762 | 3 202 007 | 3 171 346 |
| Total operating expenses | 41 213 297 | 32 775 263 | 27 688 386 |
| Operating profit | |||
| Operating income (EBIT) | 14 495 280 | 7 667 163 | 7 148 774 |
| Financial income | |||
| Total finance income | 240 223 | 409 976 | 645 063 |
| Financial expenses | |||
| Other interest expense | 124 118 | 77 376 | 96 578 |
| Interest expense to company in same group | 322 753 | — | — |
| Total finance costs | 539 589 | 508 642 | 474 389 |
| Net finance result | -299 366 | -98 665 | 170 674 |
| Results and tax | |||
| Income before tax | 14 195 913 | 7 568 498 | 7 319 448 |
| Tax expense on ordinary income | 3 111 420 | 1 677 280 | 1 610 694 |
| Net income | 11 084 493 | 5 891 218 | 5 708 754 |
| Total comprehensive income | 11 084 493 | 5 891 218 | 5 708 754 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 93 041 | 1 106 326 | 1 446 304 |
| Current assets | |||
| Total inventory | 10 818 773 | 12 271 746 | 11 559 260 |
| Total receivables | 6 662 547 | 6 899 329 | 4 682 865 |
| Total cash and cash equivalents | 1 692 645 | -2 324 | 1 294 487 |
| Total current assets | 19 173 964 | 19 168 750 | 17 536 612 |
| Total assets | 19 267 006 | 20 275 077 | 18 982 916 |
| Equity | |||
| Total paid-in equity | 494 430 | 494 430 | 494 430 |
| Total retained earnings | 4 324 192 | 4 574 744 | 4 268 326 |
| Total equity | 4 818 622 | 5 069 174 | 4 762 756 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | 56 466 | 0 | 622 176 |
| Current liabilities | |||
| Total current liabilities | 14 391 918 | 15 205 903 | 13 597 983 |
| Total liabilities | 14 448 384 | 15 205 903 | 14 220 160 |
| Total | |||
| Total equity and liabilities | 19 267 006 | 20 275 077 | 18 982 916 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 46.840 · Wholesale of hardware, plumbing and heating equipment and supplies Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Hovlandsveien 54, 4374 EGERSUND
- Founded
- 08.10.2016
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Hovlandsveien 54, 4374 EGERSUND
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 |
|---|---|---|
| JÆRREVISJON ASView role record | Auditor | 14.11.2026 |
| Ivar HovlandBorn 1951 | Chair of the board | 14.11.2026 |
| Arnfinn ØglændBorn 1958 | Deputy board member | 14.11.2026 |
| REGNSKAP I SENTRUM ASView role record | Accountant | 14.11.2026 |
| Morten ØglendBorn 1984 | Board member | 14.11.2026 |
| Morten ØglendBorn 1984 | General manager | 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 · 1 of 1 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| M ØGLEND ASView ownership entryView share entries → | 100,00 % · Ordinary shares | 31.12.2025 |
- M ØGLEND 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 · M ØGLEND AS · 100,00 %
- 2023 · M ØGLEND 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 |
|---|---|---|
| M ØGLEND 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.