Riskpilot← Back to searchSign inGet full accessSETECH AS
ASActiveOrg 940919657Skålevikveien 60, 5178 LoddefjordMachining of metals · NACE 2553Est. 198631 employeeswww.se-tech.no
Revenue 2025
NOK 93,5M
-1% vs 2024
EBITDA margin
18.7%
0% vs 2024
Equity ratio
65.2%
Financial strength
Net profit 2025
NOK 10,1M
+13% vs 2024
| Revenue | NOK 93,5M | -1% |
| EBITDA | NOK 17,5M | +0% |
| Net profit | NOK 10,1M | +13% |
| Total assets | NOK 90,7M | +13% |
| Equity | NOK 59,1M | +21% |
| Employees | 31 | — |
Legal name
SETECH AS
Org number
940919657
Legal form
Aksjeselskap
NACE code
2553 · Machining of metals
Founded
24. oktober 1986
Share capital
—
Employees
31 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Address
Skålevikveien 60, 5178 Loddefjord
Phone
+4755506350
Email
hakon@se-tech.no
Website
www.se-tech.no
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| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 59 176 | 41 233 | 44 836 | 52 619 | 64 936 | 66 513 | 78 268 | 60 635 | 32 115 | 44 733 | 46 651 | 63 106 | 54 036 | 51 129 | 53 346 | 91 366 | 94 837 | 93 539 |
| Staff expenses | −16 293 | −12 620 | −13 305 | −15 161 | −18 255 | −20 033 | −21 936 | −16 121 | −14 892 | −16 320 | −17 145 | −19 820 | −18 762 | −18 366 | −19 529 | −25 004 | −26 010 | −27 863 |
| EBITDA | 15 734 | 7 600 | 8 751 | 10 115 | 14 835 | 15 589 | 17 305 | 14 808 | −287 | 6 884 | 6 103 | 10 647 | 6 374 | 6 939 | 6 910 | 16 823 | 17 483 | 17 513 |
| Depreciation & amort. | −4 797 | −5 288 | −5 573 | −5 069 | −4 978 | −5 564 | −6 044 | −6 519 | −6 538 | −5 755 | −4 581 | −5 236 | −5 310 | −5 942 | −5 621 | −5 057 | −4 700 | −4 316 |
| EBIT | 10 936 | 2 311 | 3 178 | 5 047 | 9 857 | 10 026 | 11 261 | 8 288 | −6 825 | 1 128 | 1 522 | 5 411 | 1 064 | 997 | 1 289 | 11 766 | 12 784 | 13 197 |
| Net financials | −1 561 | −1 243 | −1 282 | −979 | −995 | −787 | −796 | 240 | −388 | −469 | −277 | −574 | −296 | −588 | −1 022 | −1 718 | −1 327 | −266 |
| Profit before tax | 9 375 | 1 068 | 1 896 | 4 067 | 8 862 | 9 238 | 10 465 | 8 528 | −7 213 | 659 | 1 245 | 4 837 | 768 | 409 | 267 | 10 048 | 11 457 | 12 931 |
| Tax | 2 632 | 304 | 543 | 1 145 | 2 482 | 2 480 | 2 829 | 2 129 | −1 810 | 156 | 269 | 1 084 | 191 | 112 | 88 | 2 237 | 2 563 | 2 859 |
| Net profit | 6 743 | 765 | 1 353 | 2 922 | 6 380 | 6 758 | 7 636 | 6 400 | −5 403 | 503 | 976 | 3 753 | 577 | 296 | 180 | 7 811 | 8 894 | 10 073 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 66 085 | 58 682 | 57 103 | 55 740 | 67 818 | 64 802 | 87 387 | 64 357 | 49 726 | 47 968 | 48 455 | 58 405 | 70 708 | 66 047 | 75 733 | 89 992 | 80 433 | 90 689 |
| Equity | 20 262 | 21 026 | 22 380 | 23 302 | 25 682 | 28 440 | 32 075 | 34 475 | 29 072 | 29 575 | 30 551 | 34 304 | 34 881 | 35 177 | 35 357 | 40 167 | 49 062 | 59 134 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 18 497 | 21 961 | 16 598 | 12 016 | 9 932 | 6 904 | 13 465 | 26 194 | 21 081 | 17 251 | 16 004 | 11 693 | 15 891 |
| Short-term debt | 22 812 | 13 274 | 12 510 | 16 175 | 21 477 | 17 866 | 33 351 | 13 285 | 8 638 | 8 461 | 11 000 | 10 636 | 9 634 | 9 789 | 23 125 | 33 820 | 19 679 | 15 664 |
| Total debt | 45 824 | 37 656 | 34 724 | 32 439 | 42 136 | 36 363 | 55 312 | 29 883 | 20 654 | 18 393 | 17 904 | 24 101 | 35 828 | 30 870 | 40 376 | 49 824 | 31 372 | 31 555 |
EBITDA margin
18.7%
This company
15.8%
Market median
+18% vs market
20082025
Equity ratio
65.2%
This company
38.2%
Market median
+71% vs market
20082025
Return on equity
17.0%
This company
18.4%
Market median
+8% vs market
20082025
Net profit margin
10.8%
This company
8.1%
Market median
+33% vs market
20082025
Asset turnover
1.03×
This company
1.12×
Market median
+8% vs market
20082025
Debt / equity
0.53×
This company
0.62×
Market median
+15% vs market
20082025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
VD Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
SH Chief Executive Officer | Chief Executive Officer | 1989 | — | — |
BH Deputy Member | Deputy Member | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2019 | — | — | |
| Deputy Chairman | 2025 | — | — | |
| Board of Directors | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Fav Gruppen As | Company | 64.8% | 64.8% | 2024 |
Fav Eiendomsutvikling As | Company | 21.0% | 21.0% | 2024 |
Unitech International Inc | Company | 14.2% | 14.2% | 2024 |
| Individual | 3.7% | 3.7% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of SETECH AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Vidar Danielsen | Chief Executive Officer | 0 companies |
| Stein Håkon Eriksen | Chief Executive Officer | 0 companies |
| Bernt Henrik Hellesøe | Deputy Member | 0 companies |
| Arne Veidung | Chairman | 0 companies |
| Haakon Jard Veidung | Deputy Chairman | 0 companies |
| Hans Kenneth Berge | Board of Directors | 0 companies |