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Borgestad ASA
Gunnar Knudsensveg 144
Phone: +47 35542400p:+47 35542400 SKIEN, 3712  Norway Ticker: BORBOR
Business Summary
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.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
6512 Operators of nonresidential buildings
6531 Real estate agents and managers
1459 Clay, ceramic, and refractory minerals, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board ChristenKnudsen 64 6/4/2019
Chief Executive Officer, Chief Financial Officer PalFeen Larsen 6/4/2019 9/1/2015
Chief Executive Officer of Borgestad Industries AS EgilFriestad 64 1/1/2000
Director AnitaBallestad 6/4/2019 6/4/2019
Independent Director GudmundBratrud 70 1/1/1997 1/1/1997

Subsidiaries
Business Name Address City State/Province Country
Borgestad Industries ASA Gunnar Knudsensvei 144 SKIEN Norway
Crematec AB Turbingatan 12 Vara Sweden

Business Names
Business Name
`Aktieselskabet Borgestad ASA
AG Port OY
Aktieselskabet Borgestad ASA
8 additional Business Names available in full report.

General Information
Number of Employees: 354 (As of 12/31/2022)
Outstanding Shares: 1,402,482,841 (As of 12/31/2023)
Shareholders: 1,246
Stock Exchange: OSL
Fax Number: +47 35542401


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Thursday, April 25, 2024