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SITTING SCANDINAVIA AS
AS
Active
Org 912902595
Kniveveien 29, 3036 Drammen
Wholesale of household, office and shop furniture, carpets and lighting equipment · NACE 4647
Est. 2013
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,1M
+41% vs 2023
EBITDA margin
10.7%
+191% vs 2023
Equity ratio
2.6%
Financial strength
Net profit 2024
NOK 648K
+186% vs 2023
EBITDA — year on year
NOK millions
1M
0M
-1M
-2M
-3M
-2M
2020
0M
+100%
2021
0M
0%
2022
-1M
-100%
2023
1M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 6,1M
+41%
EBITDA
NOK 656K
+191%
Net profit
NOK 648K
+186%
Total assets
NOK 1,7M
-2%
Equity
NOK 43K
+107%
Employees
3
—
Company information
Legal name
SITTING SCANDINAVIA AS
Org number
912902595
Legal form
Aksjeselskap
NACE code
4647 · Wholesale of household, office and shop furniture, carpets and lighting equipment
Founded
18. desember 2013
Share capital
NOK 120 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Kjøp og salg av møbler til hoteller og restauranter, utemøbler, og alt som står i forbindelse med dette.
Contact
Address
Kniveveien 29, 3036 Drammen
Phone
+4721456011
Email
interior@sitting.no
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Explore
Companies in Wholesale of household, office and shop furniture, carpets and lighting equipment
Companies in Drammen
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
3M
2020
4M
2021
5M
2022
4M
2023
6M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-2M
2020
0M
2021
0M
2022
-1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 220
4 474
4 748
4 335
6 122
Staff expenses
−1 904
−1 255
−1 281
−1 375
−1 377
EBITDA
−2 247
−467
193
−724
656
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−2 247
−467
193
−724
656
Net financials
−89
−7
−9
−34
−8
Profit before tax
−2 336
−475
185
−758
648
Tax
−0
−0
−0
−0
−0
Net profit
−2 336
−475
185
−758
648
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 922
2 777
2 890
1 687
1 655
Equity
443
−32
152
−605
43
Long-term debt
1 900
1 750
1 350
0
0
Short-term debt
1 579
1 059
1 387
2 293
1 613
Total debt
3 479
2 809
2 737
2 293
1 613
Financial ratios
5-year trend
EBITDA margin
10.7%
This company
15.8%
Market median
-32% vs market
2020
2024
Equity ratio
2.6%
This company
38.2%
Market median
-93% vs market
2020
2024
Return on equity
1517.5%
This company
18.4%
Market median
+8147% vs market
2020
2024
Net profit margin
10.6%
This company
8.1%
Market median
+31% vs market
2020
2024
Asset turnover
3.70×
This company
1.12×
Market median
+230% vs market
2020
2024
Debt / equity
37.76×
This company
0.62×
Market median
-5990% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KR
Kai Runar Bråthen
Chairman
2023
Former (2)
HK
Halvard Kristoffer Rype
Chairman
2013 – 2023
SS
Svein Swapo Henriksen
Board of Directors
2013 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Pks Holding As
Company
100%
100%
2024
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Company hierarchy
Pks Holding As
SITTING SCANDINAVIA AS
(this company)
Board network connections
Board members of SITTING SCANDINAVIA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kai Runar Bråthen
Chairman
0 companies
Halvard Kristoffer Rype
Chairman
0 companies
Svein Swapo Henriksen
Board of Directors
0 companies