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JK CUTTING SERVICES AS
AS
Active
Org 931010689
Kilgata 16, 3217 Sandefjord
Materials recovery · NACE 3821
Est. 2023
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 2,6M
+83% vs 2024
EBITDA margin
-3.4%
-140% vs 2024
Equity ratio
23.1%
Financial strength
Net profit 2025
NOK -104K
-162% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2023
0M
-100%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 2,6M
+83%
EBITDA
NOK -90K
-140%
Net profit
NOK -104K
-162%
Total assets
NOK 837K
+28%
Equity
NOK 193K
-35%
Employees
5
—
Company information
Legal name
JK CUTTING SERVICES AS
Org number
931010689
Legal form
Aksjeselskap
NACE code
3821 · Materials recovery
Founded
13. mars 2023
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 eller styrets leder hver for seg.
Company purpose
Resirkulering av metallkonstruksjoner og alt som naturlig faller med dette, herunder å delta i andre selskaper med lignende virksomhet.
Contact
Address
Kilgata 16, 3217 Sandefjord
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Companies in Materials recovery
Companies in Sandefjord
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Revenue
NOK millions
0M
1M
2M
3M
3M
1M
2023
1M
2024
3M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
1 115
1 428
2 613
Staff expenses
−546
−1 060
−2 550
EBITDA
532
223
−90
Depreciation & amort.
−0
−8
−14
EBIT
532
215
−104
Net financials
3
0
−1
Profit before tax
534
215
−105
Tax
118
47
−1
Net profit
417
168
−104
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
747
655
837
Equity
129
297
193
Long-term debt
0
1
0
Short-term debt
618
356
644
Total debt
618
357
644
Financial ratios
5-year trend
EBITDA margin
-3.4%
This company
15.8%
Market median
-122% vs market
2023
2025
Equity ratio
23.1%
This company
38.2%
Market median
-40% vs market
2023
2025
Return on equity
-53.7%
This company
18.4%
Market median
-392% vs market
2023
2025
Net profit margin
-4.0%
This company
8.1%
Market median
-149% vs market
2023
2025
Asset turnover
3.12×
This company
1.12×
Market median
+179% vs market
2023
2025
Debt / equity
3.33×
This company
0.62×
Market median
-437% vs market
2023
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KA
Kristis Andronavicius
Chief Executive Officer
Chief Executive Officer
2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
JK
Justas Kazakevicius
Chairman
2024
GD
Giuseppe Di Pinto
Chairman
2023
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of JK CUTTING SERVICES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kristis Andronavicius
Chief Executive Officer
0 companies
Justas Kazakevicius
Chairman
0 companies
Giuseppe Di Pinto
Chairman
0 companies