BALLANGEN UTVIKLING AS

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• ▼ Driftsunderskudd 2024 Siste driftsresultat er negativt (−3,2 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 2024 financial year, show NOK 11.7m in revenue and NOK −3.2m in operating profit.

Key figures · 2024

Revenue

NOK 11.7m

Operating profit

NOK −3.2m

Equity

NOK 295.7m

Est. value

NOK 536.3m

Financial health · 2024

Liquidity

17.14

Very good

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

79.7%

Very good

Equity as a share of total capital

Who owns BALLANGEN UTVIKLING AS?

STIFTELSEN BALLANGEN UTVIKLING

100.0%

BALLANGEN UTVIKLING AS

NOK 11.7m rev. · NOK −3.2m profit

BALLANGEN UTVIKLING AS has 1 registered shareholder:

• STIFTELSEN BALLANGEN UTVIKLING 100.0%

All shareholders and roles →

Which companies does BALLANGEN UTVIKLING AS own?

BALLANGEN UTVIKLING AS holds stakes in 8 companies:

• BALEIENDOM AS 100.0%
• BYGG-KONSULT BALLANGEN AS 40.1%
• BALLANGEN SJØFARM AS 40.0%
• BALLANGEN ENERGI AS 33.0%
• KJELDEBOTN DRIVSTOFF AS 8.6%
• FIBER NORWAY AS 4.2%
• KJELDEBOTN BUTIKKDRIFT AS 3.9%
• SPAREBANK 68 GRADER NORD 1.9%

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 11.7m in 2024.

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.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.