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SETSAAS REKRUTTERING AS
AS
Active
Org 920726259
Olav Brunborgs Vei 6, 1396 Billingstad
Business and other management consultancy activities · NACE 7020
Est. 2018
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 2,2M
-24% vs 2024
EBITDA margin
30.7%
+20% vs 2024
Equity ratio
63.9%
Financial strength
Net profit 2025
NOK 543K
+15% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2021
2M
0%
2022
0M
-100%
2023
1M
+100%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 2,2M
-24%
EBITDA
NOK 685K
+20%
Net profit
NOK 543K
+15%
Total assets
NOK 1,6M
-20%
Equity
NOK 999K
+65%
Employees
5
—
Company information
Legal name
SETSAAS REKRUTTERING AS
Org number
920726259
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
13. april 2018
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Bedriftsrådgivning og annen administrativ rådgivning. Personaladministrative tjenester og levering av undervisningstjenester.
Contact
Address
Olav Brunborgs Vei 6, 1396 Billingstad
Phone
+4791706467
Email
post@srekruttering.no
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Revenue
NOK millions
0M
1M
3M
4M
6M
4M
2021
5M
2022
3M
2023
3M
2024
2M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2021
2M
2022
0M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
3 597
4 635
2 808
2 941
2 231
Staff expenses
−1 146
−1 766
−1 749
−1 647
−888
EBITDA
1 734
1 965
273
570
685
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
1 734
1 965
273
570
685
Net financials
1
1
18
36
25
Profit before tax
1 734
1 967
291
606
710
Tax
382
433
64
133
167
Net profit
1 353
1 534
227
473
543
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
2 639
2 604
1 429
1 950
1 562
Equity
187
721
948
606
999
Long-term debt
0
0
0
0
0
Short-term debt
2 451
1 883
481
1 344
563
Total debt
2 451
1 883
481
1 344
563
Financial ratios
5-year trend
EBITDA margin
30.7%
This company
15.8%
Market median
+94% vs market
2021
2025
Equity ratio
63.9%
This company
38.2%
Market median
+67% vs market
2021
2025
Return on equity
54.3%
This company
18.4%
Market median
+195% vs market
2021
2025
Net profit margin
24.3%
This company
8.1%
Market median
+200% vs market
2021
2025
Asset turnover
1.43×
This company
1.12×
Market median
+28% vs market
2021
2025
Debt / equity
0.56×
This company
0.62×
Market median
+10% vs 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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KS
Kari Setsaas
Board of Directors
2023
AS
Aasmund Setsaas
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
10%
10%
2022
Pernille Karidatter Snustad-Setsaas
Individual
10%
10%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of SETSAAS REKRUTTERING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kari Setsaas
Board of Directors
0 companies
Aasmund Setsaas
Chairman
0 companies