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Profitable Building Contractor Seeking Loan in Oslo, Norway

Building contractor seeks funding to boost workforce with a loan to enhance Oslo-based renovation business.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 145 thousand
Run Rate Sales USD 116 thousand
EBITDA Margin 20 %
Industries Building Contractors
Locations  Oslo
Local Time 8:37 PM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 48 thousand for 10.0% annual interest, 1 year (Native Currency: NOK 500,000)
Reason: The loan will be used to hire additional employees and purchase more raw materials. The business pos... View More
Collateral Available: USD 0
Includes physical assets worth USD 290 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Building renovation company; the business operates from a rented office in Oslo.
- Operational for almost 5 years.
- The business hires employees based on the project's needs.
- Has generated over NOK 3 million in the last 2 years.
- Operates on an order basis.
- Takes nearly 100 orders a year.
- Drop in sales as the company is not operating at full capacity due to a lack of contract employees.
Products & Services Overview
We offer comprehensive renovation services for apartments and houses, including bathroom renovations, facade work, carpentry, tiling, and roofing to meet all your home improvement needs.
Assets Overview
The business owns:
- Carpenter tools.
- Transportation vehicles and containers worth nearly NOK 2 million.
Facilities Overview
The business operates from a rented office in Oslo.
Capitalization Overview
The business is owned by a single owner, and is debt free.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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