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COMPANY REGISTER PROFILE
923093508 ORG. NO. 2025 ACCOUNTS 8 SECTIONS
Active UPDATED 02.09.2026
Electrical installation

BALLANGEN UTVIKLING AS

Org. no. 923093508 Limited company (AS) Narvik Incorporated 2019 Active
Ownership graph ↗
Revenue 2025 NOK 11.2m
Operating profit NOK −5.1m
Equity NOK 316.6m
Incorporated 2019
Employees 10
Share capital NOK 2.3m

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−5,1 mill kr).

BALLANGEN UTVIKLING AS is registered as a limited company in Narvik, Nordland with organisation number 923093508. The business is classified under electrical installation (NACE 43.210). The company was incorporated in 2019 and has 10 registered employees. Registered share capital is NOK 2.3m, divided into 2320 shares. The company's stated purpose is: “Bidra til en langsiktig vekst gjennom: i) investeringer i næringsvirksomhet i regionen som også skal sikre tilførsel av verdier i det geografiske området som ved opprettelsen av stiftelsen utgjorde Ballangen kommune, og ii) utdeling av midler til allmennyttige formål og veldedige eller allmennyttige organisasjoner i det geografiske området som ved opprettelsen av stiftelsen utgjorde Ballangen kommune.”. The most recent filed accounts, for the 2025 financial year, show NOK 11.2m in revenue and NOK −5.1m in operating profit.

Former names: BALLANGEN UTVIKLING HOLDING AS

Key figures · 2025

Revenue
NOK 11.2m
▼ −4 %
Operating profit
NOK −5.1m
▼ −57 %
Equity
NOK 316.6m
▲ +7 %
Est. value
NOK 254.3m

Financial health · 2025

Liquidity
23.87
Very good
Current assets ÷ current liabilities
Profitability
6.3%
Satisfactory
Return on total assets
Solidity
82.5%
Very good
Equity as a share of total capital

Who owns BALLANGEN UTVIKLING AS?

BALLANGEN UTVIKLING AS
NOK 11.2m rev. · NOK −5.1m profit

BALLANGEN UTVIKLING AS has 1 registered shareholder:

All shareholders and roles →

Which companies does BALLANGEN UTVIKLING AS own?

BALLANGEN UTVIKLING AS holds stakes in 8 companies:

See the full ownership structure →

Frequently asked questions about BALLANGEN UTVIKLING AS

Who owns BALLANGEN UTVIKLING AS?

STIFTELSEN BALLANGEN UTVIKLING is the largest registered owner, with 100.0%.

What is the revenue of BALLANGEN UTVIKLING AS?

BALLANGEN UTVIKLING AS had revenue of NOK 11.2m in 2025.

Who is the general manager of BALLANGEN UTVIKLING AS?

Tor Harder Johansen is registered as general manager of BALLANGEN UTVIKLING AS.

Where is BALLANGEN UTVIKLING AS based?

BALLANGEN UTVIKLING AS has its business address in Ballangen.

Property

Business address Bygg B Etasje 2 Sentrumsveien 65, 8540 Ballangen
Cadastral unit 1806-340/568/0/0

19 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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