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SD NORDICS AS
AS
Active
Org 930081698
Ensjøveien 20, 0661 Oslo
Engineering activities and related technical consultancy · NACE 7112
Est. 2022
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 31,8M
+84% vs 2024
EBITDA margin
19.7%
+115% vs 2024
Equity ratio
3.4%
Financial strength
Net profit 2025
NOK 4,6M
+95% vs 2024
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
0M
2022
0M
0%
2023
3M
+300%
2024
6M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 31,8M
+84%
EBITDA
NOK 6,3M
+115%
Net profit
NOK 4,6M
+95%
Total assets
NOK 19,1M
+78%
Equity
NOK 650K
+2068%
Employees
11
—
Company information
Legal name
SD NORDICS AS
Org number
930081698
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
24. oktober 2022
Share capital
NOK 30 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Rådgivende ingeniørtjenester innen byggeteknikk, samt det som står i naturlig forbindelse med dette.
Contact
Address
Ensjøveien 20, 0661 Oslo
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Revenue
NOK millions
0M
9M
18M
28M
37M
0M
2022
3M
2023
17M
2024
32M
2025
EBITDA
NOK millions
0M
2M
3M
5M
7M
0M
2022
0M
2023
3M
2024
6M
2025
Income statement
NOK thousands
Item
2022
2023
2024
2025
Revenue
0
2 769
17 235
31 794
Staff expenses
−0
−1 999
−9 830
−13 981
EBITDA
−5
155
2 918
6 272
Depreciation & amort.
−0
−5
−37
−52
EBIT
−5
150
2 881
6 219
Net financials
0
−0
158
−275
Profit before tax
−5
150
3 039
5 944
Tax
−0
32
676
1 324
Net profit
−5
118
2 364
4 620
Balance sheet
NOK thousands
Item
2022
2023
2024
2025
Total assets
77
1 027
10 752
19 114
Equity
25
142
30
650
Long-term debt
0
5
2 517
0
Short-term debt
53
880
8 204
15 938
Total debt
53
885
10 722
18 464
Financial ratios
5-year trend
EBITDA margin
19.7%
This company
15.8%
Market median
+25% vs market
2022
2025
Equity ratio
3.4%
This company
38.2%
Market median
-91% vs market
2022
2025
Return on equity
710.5%
This company
18.4%
Market median
+3761% vs market
2022
2025
Net profit margin
14.5%
This company
8.1%
Market median
+79% vs market
2022
2025
Asset turnover
1.66×
This company
1.12×
Market median
+48% vs market
2022
2025
Debt / equity
28.39×
This company
0.62×
Market median
-4479% vs market
2022
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 2022-10-04 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TH
Tor Helge Løset Gundersen
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DR
Daniel Rønning
Board of Directors
2024
Former (2)
FG
Filip Gilbert K Schelfhout
Board of Directors
2022 – 2024
MM
Marit Monsen
Chairman
2022 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Sd Nordics Holding As
Company
51%
51%
2024
Sd Daniel Holding As
Company
29%
29%
2024
Cts Nordics Holding As
Company
20%
20%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Norbeluk As
Cts Nordics Holding As
SD NORDICS AS
(this company)
Board network connections
Board members of SD NORDICS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tor Helge Løset Gundersen
Chief Executive Officer
0 companies
Filip Gilbert K Schelfhout
Board of Directors
0 companies
Daniel Rønning
Board of Directors
0 companies
Marit Monsen
Chairman
0 companies