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SOR-TEC AS
AS
Active
Org 990366365
Hystadveien 187, 3209 Sandefjord
Repair and maintenance of civilian ships and boats · NACE 3315
Est. 2006
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8M
+11% vs 2023
EBITDA margin
8.0%
+45% vs 2023
Equity ratio
50.8%
Financial strength
Net profit 2024
NOK 438K
+46% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 8M
+11%
EBITDA
NOK 640K
+45%
Net profit
NOK 438K
+46%
Total assets
NOK 3,7M
+20%
Equity
NOK 1,9M
+14%
Employees
11
—
Company information
Legal name
SOR-TEC AS
Org number
990366365
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
12. oktober 2006
Share capital
NOK 500 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Vinteropplag av båter, verksted for båter samt alt som dermed står i forbindelse, samt deltakelse i virksomhet med samme formål.
Contact
Address
Hystadveien 187, 3209 Sandefjord
Phone
+4733459000
Email
frode@sor-tec.no
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Companies in Repair and maintenance of civilian ships and boats
Companies in Sandefjord
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
7M
2020
6M
2021
8M
2022
7M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 583
6 106
7 977
7 168
7 958
Staff expenses
−2 098
−2 541
−2 480
−2 823
−2 907
EBITDA
210
−23
438
443
640
Depreciation & amort.
−118
−148
−127
−90
−91
EBIT
93
−171
311
352
549
Net financials
−5
4
−2
21
12
Profit before tax
88
−167
308
373
562
Tax
76
−0
−0
74
124
Net profit
12
−167
308
299
438
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 249
2 242
3 155
3 106
3 739
Equity
1 321
1 155
1 463
1 662
1 900
Long-term debt
0
−28
103
70
36
Short-term debt
928
1 115
1 588
1 375
1 803
Total debt
928
1 088
1 692
1 444
1 839
Financial ratios
5-year trend
EBITDA margin
8.0%
This company
15.8%
Market median
-49% vs market
2020
2024
Equity ratio
50.8%
This company
38.2%
Market median
+33% vs market
2020
2024
Return on equity
23.0%
This company
18.4%
Market median
+25% vs market
2020
2024
Net profit margin
5.5%
This company
8.1%
Market median
-32% vs market
2020
2024
Asset turnover
2.13×
This company
1.12×
Market median
+90% vs market
2020
2024
Debt / equity
0.97×
This company
0.62×
Market median
+56% 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 (2)
FS
Frode Sørensen
Chief Executive Officer
Chief Executive Officer
2006
AL
Anne Lise Sørensen
Deputy Member
Deputy Member
2007
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SS
Steinar Sørensen
Chairman
2007
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 SOR-TEC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frode Sørensen
Chief Executive Officer
0 companies
Anne Lise Sørensen
Deputy Member
0 companies
Steinar Sørensen
Chairman
0 companies