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H Sæther VVS AS
AS
Active
Org 988393975
Stakkvikveien, 7252
Dolmøy
Rørleggerarbeid
·
NACE 43221
Est. 2005 · 21 years old
20 employees
h-sether.no
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Norway
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Rørleggerarbeid
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H Sæther VVS AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
66M
50M
33M
17M
0M
2021: 31M
31M
2021
2022: 38M (+23% vs 2021)
38M
+23%
2022
2023: 40M (+5% vs 2022)
40M
+5%
2023
2024: 45M (+13% vs 2023)
45M
+13%
2024
2025: 53M (+18% vs 2024)
53M
+18%
2025
EBITDA
NOK millions
14M
10M
7M
3M
0M
2021: 4M
4M
2021
2022: 7M (+75% vs 2021)
7M
+75%
2022
2023: 8M (+14% vs 2022)
8M
+14%
2023
2024: 8M (0% vs 2023)
8M
0%
2024
2025: 11M (+38% vs 2024)
11M
+38%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
53 168
44 799
39 710
38 322
30 626
Staff expenses
−14 692
−12 807
−12 252
−11 269
−7 766
EBITDA
10 771
7 624
8 250
6 951
3 940
Depreciation & amort.
−1 329
−1 201
−841
−686
−486
EBIT
9 442
6 423
7 409
6 265
3 454
Net financials
77
42
7
−47
−55
Profit before tax
9 519
6 465
7 416
6 218
3 399
Tax
2 110
1 432
1 641
1 368
747
Net profit
7 408
5 032
5 775
4 850
2 652
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
29 697
23 312
24 275
20 864
15 308
Equity
19 827
12 419
14 387
8 612
7 262
Long-term debt
0
1 824
1 910
1 830
2 595
Short-term debt
7 976
9 069
7 978
10 422
5 451
Total debt
9 870
10 893
9 888
12 251
8 046
Financial ratios
5-year trend
EBITDA margin
20,3 %
This company
15,8 %
Market median
This company
Market median
28% above market
2021
2025
Equity ratio
66,8 %
This company
38,2 %
Market median
This company
Market median
75% above market
2021
2025
Return on equity
37,4 %
This company
18,4 %
Market median
This company
Market median
103% above market
2021
2025
Net profit margin
13,9 %
This company
8,1 %
Market median
This company
Market median
72% above market
2021
2025
Asset turnover
1,79×
This company
1,12×
Market median
This company
Market median
60% above market
2021
2025
Debt / equity
0,50×
This company
0,62×
Market median
This company
Market median
19% below market
2021
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 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on H Sæther VVS AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
