Barents Naturgass
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Barents Naturgass - overview
Location
Hammerfest, -, Norway
Primary Industry
Oil & Gas
About
Barents Naturgass is a Norwegian firm specializing in the supply of natural gas and liquefied natural gas (LNG) for industrial applications, transportation, and maritime use, committed to providing cleaner energy alternatives. Founded in Hammerfest, Norway, Barents Naturgass focuses on delivering natural gas and LNG solutions. The firm underwent a significant transition in 2015 when it was sold for NOK 200 million. The CEO, Gudrun Rollefsen, leads the company as it continues to operate independently without known parent companies or subsidiaries.
Barents NaturGass specializes in supplying natural gas and liquefied natural gas (LNG), primarily targeting industrial applications, maritime transport, and vehicular fuel. Their offerings include natural gas for industrial heat, LNG for shipping, and biogas for various transportation vehicles, ensuring a stable energy supply while supporting cleaner energy transitions across Europe. In the most recent year, Barents Naturgass reported a revenue of NOK 42,896,519. 20 with an EBITDA of NOK 16,611,823.
80, highlighting its effective B2B model focused on serving industrial and transportation sectors. Barents Naturgass plans to develop new product offerings aimed at enhancing energy efficiency and reducing emissions, although specific launch dates have not been disclosed. The company is also looking to expand its market presence in European regions that are proactively transitioning towards cleaner energy by leveraging its existing supply chain capabilities. The NOK 200 million raised from the 2015 Trade Sale will be allocated towards these strategic initiatives, supporting innovation and market expansion efforts.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.bng.no
Company Stage
Acquired
Total Amount Raised
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Barents Naturgass - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 19,267,258 | 33,980,590 | 49,589,720 | 116,383,595 | 124,239,122 | 111,202,349 | 118,888,426 | 127,551,805 | 166,175,465 | 147,938,796 | 121,898,285 | 212,154,303 | - | - | - |
| % Revenue Growth (YoY) | - | 76.4% | 45.9% | 134.7% | 6.7% | (10.5%) | 6.9% | 7.3% | 30.3% | (11.0%) | (17.6%) | 74.0% | - | - | - |
| EBITDA (USD) | 3,735,330 | 5,142,831 | 6,918,949 | 20,988,006 | 15,204,287 | 11,904,145 | 14,304,086 | 20,240,559 | 19,974,325 | 18,150,460 | 11,920,676 | 6,191,721 | - | - | - |
| Operating Income (USD) | 2,087,546 | 2,732,929 | 3,341,914 | 16,211,072 | 8,524,555 | 4,086,512 | 5,394,876 | 8,581,289 | 7,934,537 | 5,444,573 | (2,704,764) | (8,917,714) | - | - | - |
| Operating Margin | 10.8% | 8.0% | 6.7% | 13.9% | 6.9% | 3.7% | 4.5% | 6.7% | 4.8% | 3.7% | (2.2%) | (4.2%) | - | - | - |
| % EBITDA Margin | 19.4% | 15.1% | 14.0% | 18.0% | 12.2% | 10.7% | 12.0% | 15.9% | 12.0% | 12.3% | 9.8% | 2.9% | - | - | - |
| NET Income (USD) | 1,639,167 | 2,088,093 | 2,649,740 | 14,055,102 | 6,028,672 | 2,883,123 | 3,850,323 | 6,051,480 | 5,872,215 | 3,710,565 | (2,356,425) | (7,770,010) | - | - | - |
| % Net Margin | 8.5% | 6.1% | 5.3% | 12.1% | 4.9% | 2.6% | 3.2% | 4.7% | 3.5% | 2.5% | (1.9%) | (3.7%) | - | - | - |
Barents Naturgass - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Barents Naturgass | - | ||||||||
| Buyout | Completed | Barents Naturgass | - |
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