Business description: Borgestad ASA

Borgestad ASA is a Norway-based investment company. The Company’s purpose is to run a shipping company and business within industry, property, trade and what relates to this, including participation in other companies and administrative services. The Group consists of three reportable segments: Property, Refractory and Other. The Property segment includes the Agora Bytom mall in Poland, which is the Company's largest investment. The Refractory segment develops, manufactures and delivers refractory products, installations and concept solutions to industrial customers through the Hoganas Borgestad Group. Borgestad's refractory materials contribute to an efficient utilization of energy, while the Other segment mainly consists of operations in the parent Company Borgestad ASA and the holding companies Borgestad Industries AS and Borgestad Industries AB.

Number of employees: 350

Sales by Activity: Borgestad ASA

Fiscal Period: December 2021 (NOK) 2022 (NOK) 2023 (NOK) 2024 (NOK) 2025 (NOK)

Refractory

855M 868M 1.05B 1.08B 1.04B

Real Estate

95.37M 50.3M 57.37M 62.42M 66.44M

Other and Eliminitions

1.03M 332K 101K 2.97M 4.08M

Elimination

-4.83M -67K -45K -3M -4.31M

Geographical breakdown of sales: Borgestad ASA

Fiscal Period: December 2021 (NOK) 2022 (NOK) 2023 (NOK) 2024 (NOK) 2025 (NOK)

Sweden

388M 371M 403M 411M 471M

Norway

258M 220M 277M 343M 306M

Finland

109M 162M 259M 193M 193M

Poland

49.38M 62.87M 70.01M 62.42M 66.6M

Europe, Others

43.28M 28.99M 84.34M 108M 47.95M

Asia

65.47M 46.32M 32.86M 10.69M 14.59M

Scandinavia, Others

1.51M 6.88M 3.4M 6.53M 2.6M

Africa

10.35M 2.42M 3.12M 3.88M 1.94M

Other

21.52M 30.57M 8.63M 461K 1.58M

Executive Committee: Borgestad ASA

Manager TitleAgeSince
Chief Executive Officer 43 2019-05-09
Comptroller/Controller/Auditor - -

Composition of the Board of Directors: Borgestad ASA

Director TitleAgeSince
Chairman 62 2022-12-31
Director/Board Member 64 2022-12-31
Chairman 52 2021-08-19
Director/Board Member 38 2022-06-08
Director/Board Member 54 2022-06-08

Shareholders: Borgestad ASA

NameStocks%Valuation
Storm Capital Management AS
0.076 %
26,649 0.076 % 47 030 kr

Company details: Borgestad ASA

Borgestad ASA

Fornebuveien 1

1366, Lysaker

+47 35 54 24 00

http://www.borgestad.no
address Borgestad ASA(0DTO)

Group companies: Borgestad ASA

NameCategory and Sector
Real Estate Development

Other Real Estate Development & Operations

Change 5-day change 1-year change 3-year change Capi.($)
-7.28%-6.16%+10.97%+22.54% 43.13B
-1.10%-2.73%+7.65%+79.79% 28.45B
-2.67%-4.27%-10.72%-13.86% 27.25B
-0.37%+1.30%-23.51%+55.71% 26.33B
+0.47%-1.58%-9.06%+29.95% 25.93B
-0.04%+3.28%+25.67%+15.23% 21.38B
-0.14%+0.96%-31.54%-62.80% 20.11B
-0.50%-1.38%-0.50%+56.29% 19.35B
-0.59%+2.42%+33.12%+132.97% 18.25B
Average -1.36%+0.54%+0.23%+35.09% 25.57B
Weighted average by Cap. -1.91%+0.44%+0.24%+33.39%
Trader
-
Investor
Global
-
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
17.40NOK
Average target price
23.00NOK
Spread / Average Target
+32.18%

Quarterly revenue - Rate of surprise

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