profit from every NOK 100 of sales.
NOK 0NOK 100
Borregaard
NOK 156.80-0.51% today
-19.2% in 1 year
1-year low NOK 138.401-year high NOK 199.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay NOK 25.20 for every NOK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Borregaard sold, what it kept, and what it did with the cash.
Sales went from NOK 6.78 billion in 2022 to NOK 7.58 billion in 2025, with NOK 620 million of profit last year.
SalesProfit
Borregaard handed back 81% of the cash it generated last year.
NOK 424M
Free cash flow 2025NOK 563M
Bought back its own sharesNOK 30M
Paid as dividendsNOK 424M
Cash vs. debtNOK 90M vs. NOK 2.2B
Borregaard vs. similar companies
Borregaard grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
| Borregaard | 25.2× · Fair price | ||
 Linde | 34.8× · Expensive | ||
 L'Air Liquide | 35.0× · Expensive | ||
 Ecolab | 41.1× · Expensive | ||
 The Sherwin-Williams | 33.1× · Expensive |
AI analysis
An AI analyst reads Borregaard's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6,776 | 7,024 | 7,502 | 7,580 | |
| 4,148 | 4,479 | 4,770 | 4,921 | |
| 1,194 | 1,291 | 1,313 | 1,287 | |
| 1,655 | 1,785 | 1,833 | 1,617 | |
| 892 | 870 | 823 | 620 | |
| 8.92 | 8.71 | 8.25 | 6.22 | |
| 61.2% | 63.8% | 63.6% | 64.9% | |
| 17.6% | 18.4% | 17.5% | 17.0% | |
| 13.2% | 12.4% | 11.0% | 8.2% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 8,114 | 9,115 | 9,584 | 9,670 |
| Cash | 234 | 469 | 82 | 90 |
| Total debt | 2,072 | 2,262 | 2,323 | 2,181 |
| Total liabilities | 3,669 | 4,221 | 4,494 | 3,792 |
| 4,394 | 4,855 | 5,041 | 5,853 | |
| 100 | 100 | 100 | 100 | |
| 14.5% | 14.2% | 13.5% | 10.0% | |
| 20.3% | 17.9% | 16.3% | 10.6% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 735 | 1,563 | 1,068 | 1,356 | |
| 464 | 667 | 711 | 793 | |
| 271 | 896 | 357 | 563 | |
| Dividends paid | 499 | 324 | 374 | 424 |
| 68 | 92 | 98 | 30 | |
| – | – | – | – |
Valuation
- 25.2×
- –
- –
- 2.4×
- 2.1×
- 27.8×
- 11.0×
- 3.6%
- 4.0%
- 2.7%
Profitability
- 64.9%
- 17.0%
- 8.2%
- –
- 10.0%
- 13.0%
- –
- –
- –
- –
Growth
- +3.8%
- −11.3%
- –
- –
- −0.1%
Financial health
- 1.3×
- 0.37
- –
- 6.3×
- 1.86
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 31%of 989
Top 30%of 954
Bottom 42%of 773
Bottom 48%of 933
Top 39%of 988
2.7%of the share price, paid each year
On $1,000 invested$27a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
68.4% of its profit
Room to growStretchedMore than it earns: 75.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
56No pass
Benjamin Graham
58No pass
Philip Fisher
52No pass
Peter Lynch
27No pass
Joel Greenblatt
32No pass
Charlie Munger
53No pass
Terry Smith
47No pass
Questions about Borregaard
Is Borregaard a good stock to buy?
A solid business at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Borregaard AI analysis
What does Borregaard do?
Borregaard ASA engages in the development, production, and marketing of specialized biochemicals and biomaterials in Norway, rest of Europe, Asia, the United States, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. It is in Specialty Chemicals, based in Sarpsborg, Norway, with 1,193 employees.
Does Borregaard pay a dividend?
Yes. At today's price the dividend is 2.7% a year, about 68% of its yearly profit. In 2025 it paid out NOK 424 million in dividends.
Is Borregaard stock halal?
Yes. Borregaard passes our halal screen: its business is permitted and its debt is 14% of its market value, under the 30% limit. How we check
How has Borregaard stock done over the past year?
Down 19.2% over the past twelve months, to NOK 156.80. It traded between NOK 138.40 and NOK 199.60 and is 21.4% below its high.
Who are Borregaard's competitors?
The largest listed companies in the same industry are Linde, L'Air Liquide, Ecolab and The Sherwin-Williams. The peers table on this page compares their profit, growth and price with Borregaard's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.