JB Ugland Holding AS
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JB Ugland Holding AS - overview
Established
2000
Location
Grimstad, -, Norway
Primary Industry
Commercial Property
About
JB Ugland Holding AS is a Norwegian company specializing in property development, shipping, and financial investments, aimed at delivering sustainable residential and commercial solutions. Founded in 2000, JB Ugland Holding AS is based in Grimstad, Norway. The company focuses on property development and has not mentioned any pivots or subsidiaries. The firm is led by CEOs Asbjørn Udjus and Johan Ugland, and has evolved to engage in various sectors within real estate and investments.
JB Ugland specializes in property development, shipping, and financial investments. The company is involved in creating residential and commercial properties with a focus on architecture, functionality, and sustainability. They provide comprehensive services from land acquisition to the delivery of turnkey projects in Norway, with ambitions to enter international markets, catering to municipalities, private homeowners, and businesses. In 2022, JB Ugland reported a revenue of NOK 70,604,537.
50 and an EBITDA of NOK 15,993,653. 60, generated primarily through direct client agreements and partnerships with municipalities and real estate firms for joint developments.
Primary Industry
Commercial Property
Sub Industries
Commercial Property
Website
www.jbu.no
Verticals
Infrastructure
Total Amount Raised
Subscriber access only
JB Ugland Holding AS - timeline of key events

JB Ugland Holding AS - 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) | 201,986,000 | 264,349,000 | 278,429,000 | 112,174,000 | 259,240,000 | 329,471,000 | 540,944,000 | 641,674,000 | 477,530,000 | 428,014,000 | 343,087,000 | 625,085,000 | - | - | - |
| % Revenue Growth (YoY) | - | 30.9% | 5.3% | (59.7%) | 131.1% | 27.1% | 64.2% | 18.6% | (25.6%) | (10.4%) | (19.8%) | 82.2% | - | - | - |
| EBITDA (USD) | (57,312,000) | 69,560,000 | 53,012,000 | 36,891,000 | 73,571,000 | 95,596,000 | 172,131,000 | 334,708,000 | 399,359,000 | 282,793,000 | 117,262,000 | 105,870,000 | - | - | - |
| Operating Income (USD) | (84,007,000) | 41,643,000 | 24,476,000 | 10,383,000 | 46,827,000 | 58,144,000 | 115,592,000 | 266,724,000 | 334,165,000 | 208,452,000 | 44,723,000 | 34,116,000 | - | - | - |
| Operating Margin | (41.6%) | 15.8% | 8.8% | 9.3% | 18.1% | 17.6% | 21.4% | 41.6% | 70.0% | 48.7% | 13.0% | 5.5% | - | - | - |
| % EBITDA Margin | (28.4%) | 26.3% | 19.0% | 32.9% | 28.4% | 29.0% | 31.8% | 52.2% | 83.6% | 66.1% | 34.2% | 16.9% | - | - | - |
| NET Income (USD) | (55,710,000) | (80,522,000) | 160,071,000 | 98,494,000 | 14,210,000 | 20,457,000 | 64,744,000 | 216,160,000 | 310,752,000 | 204,762,000 | 5,490,000 | 69,491,000 | - | - | - |
| % Net Margin | (27.6%) | (30.5%) | 57.5% | 87.8% | 5.5% | 6.2% | 12.0% | 33.7% | 65.1% | 47.8% | 1.6% | 11.1% | - | - | - |
JB Ugland Holding AS - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | - | |||||||||
| Buyout | Completed | JB Ugland Shipping AS | - |
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JB Ugland Holding AS - employee data


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