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Sitex AS
AS
Active
Org 921641419
Stålfjæra 9, 0975
Oslo
Construction of utility projects for electricity and telecommunications
·
NACE 4222
Est. 2018 · 7 years old
12 employees
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Share
Norway
/
Companies
/
Construction of utility projects for electricity and telecommunications
/
Sitex AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
26M
20M
13M
7M
0M
2021: 7M
7M
2021
2022: 10M (+43% vs 2021)
10M
+43%
2022
2023: 12M (+20% vs 2022)
12M
+20%
2023
2024: 16M (+33% vs 2023)
16M
+33%
2024
2025: 21M (+31% vs 2024)
21M
+31%
2025
EBITDA
NOK millions
2M
2M
1M
1M
0M
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: 1M
1M
2024
2025: 2M (+100% vs 2024)
2M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
20 608
15 829
12 298
9 874
7 052
Staff expenses
−12 574
−9 886
−8 288
−6 138
−4 106
EBITDA
1 911
1 243
163
911
1 045
Depreciation & amort.
−1 100
−528
−410
−182
−62
EBIT
811
716
−246
728
983
Net financials
−212
−89
−64
−7
−3
Profit before tax
599
626
−310
722
980
Tax
−0
139
−68
162
216
Net profit
465
487
−242
560
765
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
9 701
7 331
5 453
4 429
3 215
Equity
2 966
2 501
2 014
2 257
1 697
Long-term debt
0
1 734
978
234
106
Short-term debt
3 863
3 096
2 461
1 939
1 412
Total debt
6 735
4 829
3 439
2 173
1 518
Financial ratios
5-year trend
EBITDA margin
9,3 %
This company
15,8 %
Market median
This company
Market median
41% below market
2021
2025
Equity ratio
30,6 %
This company
38,2 %
Market median
This company
Market median
20% below market
2021
2025
Return on equity
15,7 %
This company
18,4 %
Market median
This company
Market median
15% below market
2021
2025
Net profit margin
2,3 %
This company
8,1 %
Market median
This company
Market median
72% below market
2021
2025
Asset turnover
2,12×
This company
1,12×
Market median
This company
Market median
89% above market
2021
2025
Debt / equity
2,27×
This company
0,62×
Market median
This company
Market median
266% 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 Sitex AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
