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SIDDIS MOTOR AS
AS
Bankrupt
Org 957248896
Sørflåtveien 71, 4018 Stavanger
Repair and maintenance of civilian ships and boats · NACE 3315
Est. 1990
5 employees
www.siddismotor.no
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 5,5M
-20% vs 2022
EBITDA margin
102.4%
-10% vs 2022
Equity ratio
-4.4%
Financial strength
Net profit 2023
NOK 39K
+107% vs 2022
EBITDA — year on year
NOK millions
11M
8M
6M
3M
0M
6M
2019
7M
+17%
2020
9M
+29%
2021
6M
-33%
2022
6M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 5,5M
-20%
EBITDA
NOK 5,6M
-10%
Net profit
NOK 39K
+107%
Total assets
NOK 1,5M
-14%
Equity
NOK -68K
+36%
Employees
5
—
Company information
Legal name
SIDDIS MOTOR AS
Org number
957248896
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
3. mars 1990
Share capital
NOK 300 000
Employees
5 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Company purpose
Drive motorverksted, samt handel av båtrekvisita og tilbehør som står i denne forbindelse.
Contact
Address
Sørflåtveien 71, 4018 Stavanger
Phone
+4751533322
Email
post@siddismotor.no
Website
www.siddismotor.no
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Companies in Repair and maintenance of civilian ships and boats
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
6M
2019
7M
2020
8M
2021
7M
2022
5M
2023
EBITDA
NOK millions
0M
3M
5M
8M
10M
6M
2019
7M
2020
9M
2021
6M
2022
6M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
6 401
7 153
7 876
6 826
5 471
Staff expenses
−2 349
−2 417
−2 866
−3 058
−1 884
EBITDA
6 174
7 256
8 629
6 199
5 605
Depreciation & amort.
−32
−39
−40
−41
−37
EBIT
6 142
7 217
8 590
6 158
5 568
Net financials
−46
−32
−9
−53
−46
Profit before tax
−304
32
704
−721
51
Tax
−67
7
155
−158
12
Net profit
−237
25
550
−562
39
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
1 636
1 257
2 319
1 778
1 526
Equity
141
166
456
−106
−68
Long-term debt
296
218
137
52
0
Short-term debt
1 199
873
1 727
1 833
1 594
Total debt
1 495
1 091
1 864
1 884
1 594
Financial ratios
5-year trend
EBITDA margin
102.4%
This company
15.8%
Market median
+548% vs market
2019
2023
Equity ratio
-4.4%
This company
38.2%
Market median
-112% vs market
2019
2023
Return on equity
3858100.0%
This company
18.4%
Market median
+20967835% vs market
2019
2023
Net profit margin
0.7%
This company
8.1%
Market median
-91% vs market
2019
2023
Asset turnover
3.59×
This company
1.12×
Market median
+221% vs market
2019
2023
Debt / equity
23.50×
This company
0.62×
Market median
-3690% vs market
2019
2023
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TA
Thomas Alexander Peck
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
GA
Guro Andersen
Board of Directors
2025
SM
Svein Magne Soland
Chairman
2021
Former (1)
RC
Roald Christen Ulriksen
Board of Directors
2017 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Sm Soland As
Company
33.32%
33.32%
2024
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Company hierarchy
Sm Soland As
SIDDIS MOTOR AS
(this company)
Board network connections
Board members of SIDDIS MOTOR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Thomas Alexander Peck
Chief Executive Officer
0 companies
Guro Andersen
Board of Directors
0 companies
Roald Christen Ulriksen
Board of Directors
0 companies
Svein Magne Soland
Chairman
0 companies