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Sit Geovarme AS
AS
Active
Org 914601630
Kolbjørn Hejes Vei 4, 7034
Trondheim
Steam and air conditioning supply
·
NACE 3530
Est. 2015 · 11 years old
0 employees
www.sit.no
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Norway
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Companies
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Steam and air conditioning supply
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Sit Geovarme AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
6M
5M
3M
2M
0M
2021: 1M
1M
2021
2022: 2M (+100% vs 2021)
2M
+100%
2022
2023: 3M (+50% vs 2022)
3M
+50%
2023
2024: 3M (0% vs 2023)
3M
0%
2024
2025: 5M (+67% vs 2024)
5M
+67%
2025
EBITDA
NOK millions
5M
4M
2M
1M
0M
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 2M (+100% vs 2022)
2M
+100%
2023
2024: 2M (0% vs 2023)
2M
0%
2024
2025: 4M (+100% vs 2024)
4M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
4 812
3 194
2 976
1 939
1 338
Staff expenses
−0
−0
−0
−0
−0
EBITDA
3 818
2 300
2 383
1 362
946
Depreciation & amort.
−1 181
−873
−846
−491
−459
EBIT
2 637
1 427
1 537
870
488
Net financials
−2 592
−2 034
−1 152
−676
−208
Profit before tax
44
−607
385
194
279
Tax
−0
−0
−0
−0
−0
Net profit
44
−607
385
194
279
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
62 045
46 438
31 880
29 535
21 227
Equity
1 237
1 192
1 799
1 414
1 220
Long-term debt
57 845
44 345
26 625
26 625
19 625
Short-term debt
2 963
901
3 456
1 496
382
Total debt
60 808
45 246
30 081
28 121
20 007
Financial ratios
5-year trend
EBITDA margin
79,3 %
This company
15,8 %
Market median
This company
Market median
402% above market
2021
2025
Equity ratio
2,0 %
This company
38,2 %
Market median
This company
Market median
95% below market
2021
2025
Return on equity
3,6 %
This company
18,4 %
Market median
This company
Market median
80% below market
2021
2025
Net profit margin
0,9 %
This company
8,1 %
Market median
This company
Market median
89% below market
2021
2025
Asset turnover
0,08×
This company
1,12×
Market median
This company
Market median
93% below market
2021
2025
Debt / equity
49,17×
This company
0,62×
Market median
This company
Market median
>999% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Sit Geovarme AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network