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SAWICON AS
AS
Active
Org 979425570
Sydnesplassen 3, 5007 Bergen
Engineering activities and related technical consultancy · NACE 7112
Est. 1997
7 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 13,9M
+10% vs 2023
EBITDA margin
1.4%
-40% vs 2023
Equity ratio
10.4%
Financial strength
Net profit 2024
NOK 13K
-83% vs 2023
EBITDA — year on year
NOK millions
3M
1M
0M
-1M
-3M
2M
2020
-2M
-200%
2021
0M
+100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 13,9M
+10%
EBITDA
NOK 190K
-40%
Net profit
NOK 13K
-83%
Total assets
NOK 8,6M
+19%
Equity
NOK 892K
+57%
Employees
7
—
Company information
Legal name
SAWICON AS
Org number
979425570
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
20. november 1997
Share capital
—
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene eller styret i fellesskap.
Contact
Address
Sydnesplassen 3, 5007 Bergen
Phone
+4755349520
Email
sawicon@sawicon.no
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Explore
Companies in Engineering activities and related technical consultancy
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
5M
10M
15M
20M
17M
2020
10M
2021
11M
2022
13M
2023
14M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
-2M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
17 391
9 634
11 402
12 595
13 876
Staff expenses
−10 848
−8 665
−8 457
−8 932
−9 650
EBITDA
1 520
−1 615
−481
317
190
Depreciation & amort.
−13
−9
−9
−9
−0
EBIT
1 508
−1 624
−490
308
190
Net financials
−35
−138
−129
−202
−167
Profit before tax
1 473
−1 762
−620
105
23
Tax
326
−387
−135
27
10
Net profit
1 147
−1 375
−484
78
13
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
8 139
6 175
6 543
7 214
8 615
Equity
1 731
356
100
570
892
Long-term debt
0
0
4 973
5 068
4 820
Short-term debt
6 408
5 819
1 470
1 576
2 903
Total debt
6 408
5 819
6 443
6 644
7 723
Financial ratios
5-year trend
EBITDA margin
1.4%
This company
15.8%
Market median
-91% vs market
2020
2024
Equity ratio
10.4%
This company
38.2%
Market median
-73% vs market
2020
2024
Return on equity
1.5%
This company
18.4%
Market median
-92% vs market
2020
2024
Net profit margin
0.1%
This company
8.1%
Market median
-99% vs market
2020
2024
Asset turnover
1.61×
This company
1.12×
Market median
+44% vs market
2020
2024
Debt / equity
8.65×
This company
0.62×
Market median
-1295% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
GI
Gerd Inger Eide Yddal
Deputy Member
Deputy Member
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HN
Hans Nordtveit Yddal
Chairman
2023
Former (1)
OH
Oddvin Håland
Chairman
2011 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Forza Invest As
Company
100%
100%
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
Forza Invest As
SAWICON AS
(this company)
Board network connections
Board members of SAWICON AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gerd Inger Eide Yddal
Deputy Member
0 companies
Oddvin Håland
Chairman
0 companies
Hans Nordtveit Yddal
Chairman
0 companies