Liquidity
Watch1.39
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
BOLIGBYGGELAGET USBL
Org. no. 950 285 680 · Boligbyggelag · Active · Arbeidersamfunnets plass 1, 0181, OSLO · OSLO · 68.120 – Development and sale of building projects
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- BBL
- Employees
- 363
- Established
- 8 December 1948
- Municipality
- OSLO
- Industry code
- 68.120
BOLIGBYGGELAGET USBL is a boligbyggelag registered in OSLO since 1948. The organisation number is 950 285 680. The register lists 363 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 04:34
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch1.6 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch25.5 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 841.7 m NOK
- +34.1 % vs. the year before
- Net result
- 68.9 m NOK
- Fiscal year 2025
- Equity
- 1.3 bn NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 363
- Registered in the Central Coordinating Register
- Founded
- 8 December 1948
- Place
- OSLO
- Industry
- Development and sale of building projects
- 68.120
- Public contracts
- –
- Roles
- 13
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
74
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 950 285 680
- Organisation form
- Boligbyggelag (BBL)
- Registered in the Central Coordinating Register
- 19 February 1995
- Date of incorporation
- 8 December 1948
- Number of employees
- 363
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- www.usbl.no
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Arbeidersamfunnets plass 10181 OSLOOSLO municipalityNorgePostal address
Postboks 8944 Youngstorget0028 OSLOOSLO municipalityNorgeIndustry
Industry and sector
- 68.120
Development and sale of building projects(main industry)
M Real estate activities › 68 Real estate activities › 68.1 Buying and selling of own real estate; development of building projects › 68.12 Development and sale of building projects
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Utvikling av byggeprosjekter for egne boliger og andre bygninger som ikke brukes til beboelse eller utvikling av andre anlegg ved å samle de økonomiske, tekniske og fysiske midlene som skal til for å gjennomføre byggeprosjektene for senere salg. Deling av fast eiendom i parseller og i tillegg utførelse av forberedende arbeid på eiendommen for klargjøring til bygging for senere salg. Omfatter også: Videreutvikling av byggeprosjekter for egne boliger og andre bygninger som ikke brukes til beboelse eller videreutvikling av andre anlegg for å gjennomføre byggeprosjektene for senere salg. Boligbyggelag. Ekskluderer: Bygging av boliger og andre bygninger som ikke brukes til beboelse grupperes under næring 41 Oppføring av bygninger. Fullstendig ombygging eller renovering av eksisterende boliger eller andre bygg som involverer flere spesialiserte byggeaktiviteter grupperes under næring 41 Oppføring av bygninger. Maling og glassarbeid som del av vedlikehold grupperes under 43.34 Maler- og glassarbeid. Anleggsarbeid på eiendommen for klargjøring til bygging og tilhørende byggingsarbeid grupperes under næringshovedområde F Bygge- og anleggsvirksomhet. Utvikling av byggeprosjekter for egen regning, dvs. for senere utleie av eiendom, grupperes under 68.20 Utleie av egen eller leid fast eiendom. Arkitektvirksomhet og byggeteknisk konsulentvirksomhet grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet. Levering av prosjektledelsestjenester innenfor arkitektvirksomhet eller ingeniørvirksomhet for byggeprosjekter grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet.
- 68.200
Renting and operating of own or leased real estate
M Real estate activities › 68 Real estate activities › 68.2 Renting and operating of own or leased real estate › 68.20 Renting and operating of own or leased real estate
What does this industry cover?
Omfatter: Utleie og drift av egen eller leid eiendom; leilighetsbygg og boliger, bygninger som ikke brukes til beboelse, herunder kontorbygninger, industribygg, varehus, hoteller og andre fritidsbygg, utstillingshaller, lagerbygg, butikker og kjøpesentre, datasentre, fast eiendom uten bebyggelse, inkludert landbrukseiendom og skog. Framskaffelse av boliger og møblerte eller umøblerte leiligheter eller leiligheter for mer permanent bruk, på årsbasis eller lenger. Drift av plasser for mobile beboelsesbrakker. Utvikling av byggeprosjekter for egen regning, dvs. for senere utleie av eiendom. Omfatter også: Utleie av tak, f.eks. for bruk til produksjon av solenergi. Utleie av produksjonsanlegg og fabrikker, inkludert maskiner og utstyr. Utleie av plass utelukkende for oppstalling og stell av dyr. Ekskluderer: Drift av hoteller, suitehoteller, fritidsboliger, hybelhus, campingplasser og andre overnattingssteder (inkludert studentboliger) med en varighet på mindre enn ett år grupperes under næring 55 Overnattingsvirksomhet. Utvikling av byggeprosjekter for boliger og bygninger som ikke brukes til beboelse for senere salg grupperes under 68.12 Utvikling og salg av byggeprosjekter. Utleie av maskiner grupperes under 77.3 Utleie og leasing av andre maskiner, og annet utstyr og materiell. Omsorgstjenester i institusjoner og andre botilbud for eldre eller personer med fysisk funksjonsnedsettelse som omfatter tilsyn og bistand i dagliglivet grupperes under 87.30 Omsorgstjenester i botilbud for eldre eller personer med fysisk funksjonsnedsettelse.
- 81.100
Combined facilities support activities
O Administrative and support service activities › 81 Services to buildings and landscape activities › 81.1 Combined facilities support activities › 81.10 Combined facilities support activities
What does this industry cover?
Omfatter: Levering av en kombinasjon av tjenester på en kundes eiendom. Disse tjenestene omfatter alminnelig innendørs rengjøring, vedlikehold, fjerning av avfall, dørvakt- og overvåkningstjeneste, postforsendelse, resepsjonstjeneste, vasking av klær og andre tekstiler og tilhørende støttefunksjoner for drift av eiendom. Disse hjelpetjenestene blir utført av driftspersonale som ikke er involvert i eller har ansvar for kundens kjernevirksomhet. Omfatter også: Vaktmestertjenester. Ekskluderer: Levering av personell for å administrere og drifte en kundes datasystemer eller dataanlegg på stedet grupperes under 62.20 Konsulentvirksomhet tilknyttet informasjonsteknologi og forvaltning og drift av IT-systemer. Forvalting av fast eiendom, f.eks. av fast eiendom eller boliger i sameie som hovedsakelig utføres på honorar- eller kontraktbasis, grupperes under 68.32 Eiendomsforvaltning på oppdrag. Vakt- og sikkerhetstjenester grupperes under 80.01 Etterforskningstjenester og private vakttjenester. Drift av fengsler på honorar- eller kontraktbasis grupperes under 84.23 Aktiviteter i rettsvesen og kriminalomsorg. Levering av bare én av tjenestene, som f.eks. alminnelig innendørs rengjøring, grupperes i den relevante næringsgruppen for tjenesten. Levering av personell for å administrere og drifte hele kundens virksomhet, f.eks. hotell, restaurant, gruve eller sykehus, grupperes under den næringsgruppen som virksomheten som drives hører til.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Boligbyggelag.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
6 stored years
Liquidity
Watch1.39
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Watch1.6 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch25.5 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2025 | 2024 | Development |
|---|---|---|---|---|
| Operating revenue | 841,670,000 | 627,589,000 | 923,562,000 | |
| Operating profit | 13,084,000 | 25,331,000 | 10,058,000 | |
| Profit before tax | 75,775,000 | 95,614,000 | 29,893,000 | |
| Net result | 68,895,000 | 86,194,000 | 44,372,000 | |
| Total assets | 5,224,980,000 | 4,567,040,000 | 4,819,528,000 | |
| Equity | 1,330,784,000 | 1,085,669,000 | 1,264,468,000 | |
| Liabilities | 3,894,198,000 | 3,481,371,000 | 3,555,058,000 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
6 fiscal years (2023–2025)
- Operating revenue 2025
- 841,670,000 NOK
- Net result 2025
- 68,895,000 NOK
- Revenue growth
- –
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 841,670,000 NOK |
|---|---|
| Total operating expenses | 828,586,000 NOK |
| Operating profit | 13,084,000 NOK |
| Total financial income | 215,966,000 NOK |
| Total financial expenses | 153,274,000 NOK |
| Net financial items | 62,692,000 NOK |
| Profit before tax | 75,775,000 NOK |
| Net result | 68,895,000 NOK |
Assets
| Total fixed assets | 1,634,130,000 NOK |
|---|---|
| Total current assets | 3,590,850,000 NOK |
| Total assets | 5,224,980,000 NOK |
Equity and liabilities
| Paid-in equity | 47,135,000 NOK |
|---|---|
| Retained earnings | 1,283,649,000 NOK |
| Total equity | 1,330,784,000 NOK |
| Current liabilities | 2,587,244,000 NOK |
| Long-term liabilities | 1,306,954,000 NOK |
| Total debt | 3,894,198,000 NOK |
| Total equity and liabilities | 5,224,980,000 NOK |
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 627,589,000 NOK |
|---|---|
| Total operating expenses | 602,259,000 NOK |
| Operating profit | 25,331,000 NOK |
| Total financial income | 227,075,000 NOK |
| Total financial expenses | 156,792,000 NOK |
| Net financial items | 70,283,000 NOK |
| Profit before tax | 95,614,000 NOK |
| Net result | 86,194,000 NOK |
Assets
| Total fixed assets | 1,698,676,000 NOK |
|---|---|
| Total current assets | 2,868,365,000 NOK |
| Total assets | 4,567,040,000 NOK |
Equity and liabilities
| Paid-in equity | 0 NOK |
|---|---|
| Retained earnings | 1,038,534,000 NOK |
| Total equity | 1,085,669,000 NOK |
| Current liabilities | 2,506,251,000 NOK |
| Long-term liabilities | 975,120,000 NOK |
| Total debt | 3,481,371,000 NOK |
| Total equity and liabilities | 4,567,040,000 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 923,562,000 NOK |
|---|---|
| Total operating expenses | 913,504,000 NOK |
| Operating profit | 10,058,000 NOK |
| Total financial income | 180,714,000 NOK |
| Total financial expenses | 160,879,000 NOK |
| Net financial items | 19,835,000 NOK |
| Profit before tax | 29,893,000 NOK |
| Net result | 44,372,000 NOK |
Assets
| Total fixed assets | 1,599,252,000 NOK |
|---|---|
| Total current assets | 3,220,276,000 NOK |
| Total assets | 4,819,528,000 NOK |
Equity and liabilities
| Paid-in equity | 45,160,000 NOK |
|---|---|
| Retained earnings | 1,219,308,000 NOK |
| Total equity | 1,264,468,000 NOK |
| Current liabilities | 2,359,218,000 NOK |
| Long-term liabilities | 1,195,840,000 NOK |
| Total debt | 3,555,058,000 NOK |
| Total equity and liabilities | 4,819,526,000 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 605,833,000 NOK |
|---|---|
| Total operating expenses | 587,109,000 NOK |
| Operating profit | 18,724,000 NOK |
| Total financial income | 190,433,000 NOK |
| Total financial expenses | 154,294,000 NOK |
| Net financial items | 36,139,000 NOK |
| Profit before tax | 54,863,000 NOK |
| Net result | 56,839,000 NOK |
Assets
| Total fixed assets | 1,630,451,000 NOK |
|---|---|
| Total current assets | 2,785,697,000 NOK |
| Total assets | 4,416,148,000 NOK |
Equity and liabilities
| Paid-in equity | 45,160,000 NOK |
|---|---|
| Retained earnings | 956,895,000 NOK |
| Total equity | 1,002,055,000 NOK |
| Current liabilities | 2,448,023,000 NOK |
| Long-term liabilities | 966,072,000 NOK |
| Total debt | 3,414,095,000 NOK |
| Total equity and liabilities | 4,416,150,000 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 530,085,000 NOK |
|---|---|
| Total operating expenses | 533,350,000 NOK |
| Operating profit | -3,265,000 NOK |
| Total financial income | 186,765,000 NOK |
| Total financial expenses | 112,118,000 NOK |
| Net financial items | 74,647,000 NOK |
| Profit before tax | 71,382,000 NOK |
| Net result | 74,116,000 NOK |
Assets
| Total fixed assets | 1,508,845,000 NOK |
|---|---|
| Total current assets | 2,748,804,000 NOK |
| Total assets | 4,257,649,000 NOK |
Equity and liabilities
| Paid-in equity | 43,334,000 NOK |
|---|---|
| Retained earnings | 903,811,000 NOK |
| Total equity | 947,145,000 NOK |
| Current liabilities | 2,184,441,000 NOK |
| Long-term liabilities | 1,126,063,000 NOK |
| Total debt | 3,310,504,000 NOK |
| Total equity and liabilities | 4,257,649,000 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 962,324,000 NOK |
|---|---|
| Total operating expenses | 952,590,000 NOK |
| Operating profit | 9,734,000 NOK |
| Total financial income | 214,544,000 NOK |
| Total financial expenses | 113,053,000 NOK |
| Net financial items | 101,491,000 NOK |
| Profit before tax | 111,225,000 NOK |
| Net result | 128,702,000 NOK |
Assets
| Total fixed assets | 1,437,702,000 NOK |
|---|---|
| Total current assets | 3,755,165,000 NOK |
| Total assets | 5,192,867,000 NOK |
Equity and liabilities
| Paid-in equity | 43,334,000 NOK |
|---|---|
| Retained earnings | 1,177,166,000 NOK |
| Total equity | 1,220,500,000 NOK |
| Current liabilities | 2,351,499,000 NOK |
| Long-term liabilities | 1,620,867,000 NOK |
| Total debt | 3,972,366,000 NOK |
| Total equity and liabilities | 5,192,866,000 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2025 | 2024 | 2024 | 2023 | 2023 |
|---|---|---|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | – | – | – | 14.3 % | – | – |
| Operating marginOperating profit divided by total operating revenue. | 1.6 % | 4 % | 1.1 % | 3.1 % | -0.6 % | 1 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 9 % | 15.2 % | 3.2 % | 9.1 % | 13.5 % | 11.6 % |
| Equity ratioTotal equity divided by total assets. | 25.5 % | 23.8 % | 26.2 % | 22.7 % | 22.2 % | 23.5 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.39 | 1.14 | 1.36 | 1.14 | 1.26 | 1.6 |
| Debt ratioTotal liabilities divided by total equity. | 2.93 | 3.21 | 2.81 | 3.41 | 3.5 | 3.25 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 4.4 % | 5.5 % | 4 % | 4.7 % | 4.3 % | 4.3 % |
| Return on equityNet profit divided by total equity. | 5.2 % | 7.9 % | 3.5 % | 5.7 % | 7.8 % | 10.5 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerChristian Vammervold Dreyer
Board
- Chair of the boardOle Revhaug
- Board memberLiv Birgit Hansteen
- Board memberMarius Tunstad
- Board memberLilly Røv
- Board memberPer Øivind Skard
- Board memberMarianne Ellila Ocana Gil
- Board memberBjørn Myrer
- Board memberKarianne Børresen Moksnes
- Deputy board memberEinar Nikolai Havig
- Deputy board memberJørn Inge Axelson
- Deputy board memberCelina Nesset
Auditor
- AuditorPRICEWATERHOUSECOOPERS AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 11
Overview
Structure map
BOLIGBYGGELAGET USBL
BOLIGBYGGELAGET USBL AVD BOSERVICE BJØRVIKA
OSLO
BOLIGBYGGELAGET USBL AVD BOSERVICE BUSKERUD
TRANBY · 14 employees
BOLIGBYGGELAGET USBL AVD BOSERVICE STOR-OSLO
OSLO · 21 employees
BOLIGBYGGELAGET USBL AVD BOSERVICE SØNDRE VESTFOLD
SANDEFJORD · 25 employees
BOLIGBYGGELAGET USBL AVD UTLEIE
OSLO · 22 employees
BOLIGBYGGELAGET USBL REGION BUSKERUD
DRAMMEN · 18 employees
BOLIGBYGGELAGET USBL REGION FOLLO OG ØSTFOLD
SKI · 12 employees
BOLIGBYGGELAGET USBL REGION INNLANDET
LILLEHAMMER · 12 employees
BOLIGBYGGELAGET USBL REGION OSLO
OSLO · 178 employees
BOLIGBYGGELAGET USBL REGION ROMERIKE OG HADELAND
LILLESTRØM · 8 employees
BOLIGBYGGELAGET USBL REGION VESTFOLD OG TELEMARK
STOKKE · 53 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| BOLIGBYGGELAGET USBL AVD BOSERVICE BJØRVIKACombined facilities support activities | 921 231 865 | OSLO | – |
| BOLIGBYGGELAGET USBL AVD BOSERVICE BUSKERUDCombined facilities support activities | 971 896 086 | TRANBY | 14 |
| BOLIGBYGGELAGET USBL AVD BOSERVICE STOR-OSLOCombined facilities support activities | 879 932 882 | OSLO | 21 |
| BOLIGBYGGELAGET USBL AVD BOSERVICE SØNDRE VESTFOLDCombined facilities support activities | 997 870 328 | SANDEFJORD | 25 |
| BOLIGBYGGELAGET USBL AVD UTLEIERenting and operating of own or leased real estate | 976 351 061 | OSLO | 22 |
| BOLIGBYGGELAGET USBL REGION BUSKERUDDevelopment and sale of building projects | 971 830 417 | DRAMMEN | 18 |
| BOLIGBYGGELAGET USBL REGION FOLLO OG ØSTFOLDDevelopment and sale of building projects | 971 886 099 | SKI | 12 |
| BOLIGBYGGELAGET USBL REGION INNLANDETDevelopment and sale of building projects | 971 837 217 | LILLEHAMMER | 12 |
| BOLIGBYGGELAGET USBL REGION OSLODevelopment and sale of building projects | 974 121 662 | OSLO | 178 |
| BOLIGBYGGELAGET USBL REGION ROMERIKE OG HADELANDDevelopment and sale of building projects | 916 014 600 | LILLESTRØM | 8 |
| BOLIGBYGGELAGET USBL REGION VESTFOLD OG TELEMARKDevelopment and sale of building projects | 971 886 145 | STOKKE | 53 |
More about the company
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Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
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Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 04:34
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 04:34
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 04:34
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 04:34
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 04:34
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 04:34
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
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