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Sito Mek AS
AS
Active
Org 915461360
Industrivegen 9, 6630
Tingvoll
Machining of metals
·
NACE 2553
Est. 2015 · 11 years old
20 employees
ww.sito-mek.no
Monitor
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Norway
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Companies
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Machining of metals
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Sito Mek AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
36M
27M
18M
9M
0M
2021: 17M
17M
2021
2022: 23M (+35% vs 2021)
23M
+35%
2022
2023: 16M (-30% vs 2022)
16M
-30%
2023
2024: 29M (+81% vs 2023)
29M
+81%
2024
2025: 21M (-28% vs 2024)
21M
-28%
2025
EBITDA
NOK millions
11M
8M
6M
3M
0M
2021: 2M
2M
2021
2022: 4M (+100% vs 2021)
4M
+100%
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: 9M
9M
2024
2025: 3M (-67% vs 2024)
3M
-67%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
20 736
29 249
15 840
23 024
17 102
Staff expenses
−8 710
−8 349
−7 691
−7 254
−6 328
EBITDA
3 010
8 536
50
4 018
1 996
Depreciation & amort.
−2 215
−1 898
−1 645
−1 784
−1 531
EBIT
795
6 638
−1 595
2 234
465
Net financials
−489
−526
−526
−370
−212
Profit before tax
306
6 112
−2 121
1 865
253
Tax
71
1 343
−462
412
56
Net profit
235
4 769
−1 659
1 453
197
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
23 119
25 410
18 497
21 582
21 337
Equity
13 492
13 257
8 488
10 147
8 694
Long-term debt
0
6 966
7 411
8 033
8 633
Short-term debt
3 289
5 187
2 598
3 402
4 010
Total debt
9 627
12 153
10 009
11 435
12 643
Financial ratios
5-year trend
EBITDA margin
14,5 %
This company
15,8 %
Market median
This company
Market median
8% below market
2021
2025
Equity ratio
58,4 %
This company
38,2 %
Market median
This company
Market median
53% above market
2021
2025
Return on equity
1,7 %
This company
18,4 %
Market median
This company
Market median
91% below market
2021
2025
Net profit margin
1,1 %
This company
8,1 %
Market median
This company
Market median
86% below market
2021
2025
Asset turnover
0,90×
This company
1,12×
Market median
This company
Market median
20% below market
2021
2025
Debt / equity
0,71×
This company
0,62×
Market median
This company
Market median
15% 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 Sito Mek AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
