Høgda Borettslag
BRLActiveOrg 950707852Dronningens Gate 35, 8514 NarvikActivities of households as employers of domestic personnel· NACE 9700Est. 1969 · 56 years old0 employees
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Riskpilot← Back to searchSign inGet full accessHøgda Borettslag is a Norwegian BRL based in Narvik, operating in the Activities of households as employers of domestic personnel sector. Incorporated in 1969, the company has 0 employees and reported revenue of NOK 4.0m in its latest annual filing.
| Revenue | 4M NOK | 0% |
| EBITDA | -1.9M NOK | -246% |
| Net profit | -3.1M NOK | -1354% |
| Total assets | 8.9M NOK | +20% |
| Equity | — | — |
| Employees | 0 | — |
In its most recent annual report (2025), Høgda Borettslag reported revenue of NOK 4.0m, broadly in line with the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 3.1m, and the EBITDA margin stood at -48.6%.
At the end of 2025, current assets covered short-term debt 5.7 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 3,962 | 3,949 | 3,370 | 3,084 | 3,130 |
| Staff expenses | -114 | -114 | -111 | -130 | -98 |
| EBITDA | -1,926 | 1,318 | 791 | 645 | 769 |
| Depreciation & amort. | -106 | -95 | -89 | -169 | -208 |
| EBIT | -2,032 | 1,223 | 702 | 476 | 561 |
| Net financials | -1,117 | -972 | -846 | -560 | -394 |
| Profit before tax | -3,148 | 251 | -144 | -84 | 168 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -3,148 | 251 | -144 | -84 | 168 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 8,860 | 7,403 | 7,304 | 7,631 | 11,524 |
| Equity | — | -11,775 | -12,026 | -11,882 | -11,798 |
| Long-term debt | 20,850 | 17,008 | 17,170 | 17,354 | 21,203 |
| Short-term debt | 433 | 194 | 184 | 182 | 142 |
| Total debt | 21,283 | 18,190 | 18,342 | 18,525 | 22,334 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Revenue relative to total assets — the ability to generate revenue from the asset base.
The size of this year's increase or decrease in the company's debt.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
RL Deputy Member | Deputy Member | 2024 |
AP Deputy Member | Deputy Member | 2026 |
KM Contact Person | Contact Person | 2008 – 2023 |
HB Deputy Member | Deputy Member | 2020 – 2021 |
KU Deputy Member | Deputy Member | 2021 – 2022 |
MD Deputy Member | Deputy Member | 2022 – 2023 |
BE Deputy Member | Deputy Member | 2020 – 2021 |
MO Deputy Member | Deputy Member | 2023 – 2024 |
CM Deputy Member | Deputy Member | 2023 – 2024 |
SE Deputy Member | Deputy Member | 2024 – 2025 |
MH Deputy Member | Deputy Member | 2022 – 2023 |
HV Deputy Member | Deputy Member | 2020 – 2021 |
GH Deputy Member | Deputy Member | 2024 – 2024 |
AJ Deputy Member | Deputy Member | 2023 – 2023 |
TH Deputy Member | Deputy Member | 2025 – 2026 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
WM Board of Directors | Board of Directors | 2024 |
KU Chairman | Chairman | 2024 |
MH Board of Directors | Board of Directors | 2023 |
AO Board of Directors | Board of Directors | 2020 |
BH Chairman | Chairman | 2020 – 2021 |
HB Board of Directors | Board of Directors | 2021 – 2023 |
BE Chairman | Chairman | 2021 – 2022 |
MO Board of Directors | Board of Directors | 2024 – 2024 |
HV Chairman | Chairman | 2022 – 2024 |
GA Board of Directors | Board of Directors | 2020 – 2023 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Bjørn Harald Larsen | Chairman | 51 companiesMany roles |
| Bjørnar Evenrud | Deputy Member | 29 companiesMany roles |
| Kirstin Marie Leiros | Contact Person | 21 companiesMany roles |
| Karstein Uteng | Deputy Member | 2 companies |
| Geir Are Danielsen | Board of Directors | 2 companies |
| Carina Mariell Wedel | Deputy Member | 1 company |
| Thomas Hammarstrøm | Deputy Member | 1 company |
| Wenche Marie Jensen | Board of Directors | 1 company |
| Asbjørn Oddmunn Marthinussen | Board of Directors | 1 company |