SINTEF AS

Org. no. 919303808 · Trondheim · Founded 2017 · 1,509 employees

Score · fiscal year 2025

56of 100

How to read this: the company is ahead of 59 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 24 of 57 · What are Morning company classes?
Place in the whole sector: 960 of 2,592 · Teknisk tjenesteyting og forskning

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 29 and solidity 67 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

SINTEF AS is 5 points above the median for companies in the Morning class Large in the same sector in 2025.

Median score 51 among 57 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 1.3% (median 3.6%) and equity ratio 32.0% (median 25.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue2,987 MNOK1,002 MNOK
Operating margin 1.3% 3.6% 34 %
Profit margin 4.1% 4.1% shown, not part of the index
Return on assets 4.2% 10.0% 25 %
Equity ratio 32.0% 25.7% 68 %
Debt-to-equity 2.12 2.71 66 %
Current ratio 1.16 1.13 55 %
Revenue growth 10.2% 4.3% 71 %
Revenue per employee1.98 MNOK5.93 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 56, SINTEF AS does better than 59% of companies in the Morning class Large in the same sector (57 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SINTEF AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

SINTEF AS has a score of 56 for 2025, rank 960 of 2,592 in the sector.

Strongest: Consistency: percentile 76 against peers. Growth: percentile 71 against peers, revenue growth 10.2% against a median of 4.3%.

Weakest: Profitability: percentile 29 against peers, operating margin 1.3% against a median of 3.6%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

SINTEF AS had an operating margin of 1.3% and an equity ratio of 32.0% in 2025, and ranks 960 of 2,592 in Teknisk tjenesteyting og forskning.

From 2024 to 2025: revenue grew by 10%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 936 MNOK and 1,515 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 93.6 MNOK 10.0 936 MNOK
EV/EBIT Operating profit: 40.2 MNOK
minus net debt −1,193.7 MNOK
8.0 1,515 MNOK
P/B Equity: 954.9 MNOK 1.0 955 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.1% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability29 weight 30%
Solidity67 weight 25%
Liquidity55 weight 15%
Growth71 weight 15%
Consistency76 weight 15%

Durability: 50 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is SINTEF AS?

The operating margin was 1.3% in 2025, against a median of 3.6% among companies in the Morning class Large in the same sector. Return on assets was 4.2%.

How solid is SINTEF AS?

The equity ratio was 32.0% in 2025 (median 25.7%). Debt-to-equity was 2.12 (median 2.71).

What is the liquidity of SINTEF AS like?

The current ratio was 1.16 in 2025 (median 1.13).

How does SINTEF AS compare in Teknisk tjenesteyting og forskning?

SINTEF AS ranks 960 of 2,592 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Large it is number 24 of 57. Revenue changed by 10.2% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

Public contracts

Contracts awarded since 2024
4
Total awarded value since 2024
10.0 MNOK
2 contracts without a stated value are not in the total.
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
30 April 2025 Statens vegvesen Avtale om utvikling og vedlikehold av NKA-verktøy (EFFEKT) 10.0 MNOK 72000000
21 October 2024 Statens vegvesen Rammeavtale rådgivning innen teknologikvalifisering value not stated 71300000
2 October 2024 Kommunal- og distriktsdepartementet Planlegging for mer effektiv arealbruk, fortetting og transformasjon value not stated 72000000
24 January 2024 Nordisk Energiforskning Komparativ analyse av og erfaring med energieffektivisering i Norden value not stated 73200000
4 September 2023 Statens vegvesen Rammeavtale for kjøp av konsulenttjenester innen pedagogisk rådgivning og produksjon av digitalt læremateriell 20.0 MNOK (framework) 79400000
10 July 2023 Statens vegvesen Kjøp av CUBE Personmodeller – større utviklingsoppgaver 30.0 MNOK (framework) 72000000
10 July 2023 Statens vegvesen Kjøp av CUBE Personmodeller – vedlikehold og forvaltning 30.0 MNOK 72000000
16 February 2023 Kommunal- og distriktsdepartementet Følgeforskning for utprøving av bygdevekstavtaler 3.0 MNOK 73000000
7 December 2022 Ivar IKS Uavhengig undersøkelse av brannen på IVARs ettersorteringsanlegg 2.2 MNOK 71300000
11 November 2022 Justis- og beredskapsdepartementet Forskningsprosjekt om datakriminalitet – fenomen og omfang 3.0 MNOK 73200000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
919303808
Legal form
AS · part of a group
Sector
Teknisk tjenesteyting og forskning (72.100)
Morning company class
Large
Employees
1,509 registered 10 October 2026
Founded
30 June 2017 9 years in operation
Share capital
18.00 MNOK
Business address
Strindvegen 4, 7034 TRONDHEIM
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
Latest accounts filed
2025
LEI
5493008K707H915BFG57 renews 4 January 2027

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.

Parent company
STIFTELSEN SINTEF (Norway)

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index484656
Rank1,3471,515960
Operating margin1.9%0.2%1.3%
Return on assets3.9%3.1%4.2%
Equity ratio23.9%29.1%32.0%
Current ratio1.221.151.16
Revenue growth–3.8%10.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue2,610.1 MNOK2,710.3 MNOK2,987.4 MNOK
Operating profit48.4 MNOK5.8 MNOK40.2 MNOK
Profit before tax115.0 MNOK74.0 MNOK123.8 MNOK
Net profit90.7 MNOK58.8 MNOK93.6 MNOK
Financial expenses11.7 MNOK15.0 MNOK1.4 MNOK
Total assets3,255.2 MNOK2,877.5 MNOK2,982.9 MNOK
Current assets2,756.4 MNOK2,321.0 MNOK2,341.9 MNOK
Equity779.0 MNOK837.9 MNOK954.9 MNOK
Retained earnings591.9 MNOK650.7 MNOK764.0 MNOK
Total liabilities2,476.2 MNOK2,039.6 MNOK2,028.0 MNOK
Current liabilities2,267.7 MNOK2,026.1 MNOK2,012.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6777178.