Riskpilot← Back to searchSign inGet full accessSÆTHEREN ELEMENT AS
ASActiveOrg 812756982Hensmoveien 32, 3516 HønefossManufacture of other builders' carpentry and joinery · NACE 1623Est. 201321 employees
Revenue 2024
NOK 21,8M
-14% vs 2023
EBITDA margin
-20.0%
-121% vs 2023
Equity ratio
-5.5%
Financial strength
Net profit 2024
NOK -4,1M
-97% vs 2023
| Revenue | NOK 21,8M | -14% |
| EBITDA | NOK -4,4M | -121% |
| Net profit | NOK -4,1M | -97% |
| Total assets | NOK 14,4M | +30% |
| Equity | NOK -794K | -139% |
| Employees | 21 | — |
Legal name
SÆTHEREN ELEMENT AS
Org number
812756982
Legal form
Aksjeselskap
NACE code
1623 · Manufacture of other builders' carpentry and joinery
Founded
16. november 2013
Share capital
NOK 200 000
Employees
21 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Elementproduksjon.
Address
Hensmoveien 32, 3516 Hønefoss
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 4 710 | 11 400 | 17 753 | 21 200 | 26 396 | 35 124 | 40 182 | 40 602 | 45 333 | 25 225 | 21 767 |
| Staff expenses | −0 | −9 | −334 | −3 014 | −5 786 | −6 893 | −9 213 | −10 663 | −11 563 | −11 460 | −8 208 | −9 303 |
| EBITDA | −1 | −201 | 1 373 | 1 263 | 1 983 | 1 801 | 3 742 | 3 151 | 1 748 | 3 884 | −1 973 | −4 351 |
| Depreciation & amort. | −0 | −0 | −0 | −10 | −72 | −108 | −336 | −431 | −528 | −482 | −584 | −639 |
| EBIT | −1 | −201 | 1 373 | 1 253 | 1 911 | 1 693 | 3 406 | 2 720 | 1 221 | 3 402 | −2 557 | −4 990 |
| Net financials | 0 | −1 | −0 | −4 | −14 | −314 | −104 | −87 | −24 | −57 | −114 | −272 |
| Profit before tax | −1 | −202 | 1 373 | 1 249 | 1 897 | 1 379 | 3 302 | 2 633 | 1 197 | 3 345 | −2 671 | −5 262 |
| Tax | −2 | −55 | 348 | 314 | 455 | 319 | 1 101 | 579 | 263 | 736 | −586 | −1 156 |
| Net profit | 1 | −147 | 1 024 | 935 | 1 442 | 1 060 | 2 201 | 2 054 | 934 | 2 609 | −2 085 | −4 105 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 604 | 2 117 | 6 265 | 9 776 | 12 070 | 12 997 | 15 297 | 17 957 | 15 518 | 16 412 | 11 072 | 14 371 |
| Equity | 204 | 56 | 331 | 567 | 1 734 | 1 794 | 3 995 | 3 852 | 4 261 | 4 140 | 2 055 | −794 |
| Long-term debt | 0 | 0 | 292 | 122 | 17 | 14 | 2 090 | 1 864 | 1 930 | 1 373 | 1 275 | 2 944 |
| Short-term debt | 400 | 2 061 | 5 643 | 9 087 | 10 319 | 11 189 | 9 211 | 12 241 | 9 327 | 10 899 | 7 742 | 12 221 |
| Total debt | 400 | 2 061 | 5 935 | 9 209 | 10 336 | 11 203 | 11 302 | 14 105 | 11 257 | 12 272 | 9 017 | 15 164 |
EBITDA margin
-20.0%
This company
15.8%
Market median
-227% vs market
20132024
Equity ratio
-5.5%
This company
38.2%
Market median
-114% vs market
20132024
Return on equity
-410513600.0%
This company
18.4%
Market median
-2231052274% vs market
20132024
Net profit margin
-18.9%
This company
8.1%
Market median
-333% vs market
20132024
Asset turnover
1.51×
This company
1.12×
Market median
+35% vs market
20132024
Debt / equity
19.10×
This company
0.62×
Market median
-2981% vs market
20132024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-11-06 – 2013-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
NO Chief Executive Officer | Chief Executive Officer | 2013 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2018 | — | — | |
| Board of Directors | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Sætheren Holding As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Sætheren Holding As
SÆTHEREN ELEMENT AS Board members of SÆTHEREN ELEMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Nils Olav Sætheren | Chief Executive Officer | 0 companies |
| Torbjørn Linge | Chairman | 0 companies |
| Nils-Ivar Grøv | Board of Directors | 0 companies |