SVITHUN ELEKTRO AS

Org. no. 961122422 · SANDNES · Founded 1991 · 27 employees

Score · fiscal year 2024

56of 100

How to read this: the company is ahead of 62 % of small companies in the same sector in 2024. What does this mean?

Rank: 11,947 of 31,127 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 84 and solidity 30 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

SVITHUN ELEKTRO AS is 6 points above the median for small companies in the same sector in 2024.

Median score 50 among 30,031 companies.

Against small companies in the same sector in 2024: operating margin 15.5% (median 3.8%) and equity ratio 23.3% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue35 MNOK3 MNOK
Operating margin 15.5% 3.8% 81 %
Profit margin 15.9% 3.4% shown, not part of the index
Return on assets 33.8% 5.8% 88 %
Equity ratio 23.3% 36.8% 37 %
Debt-to-equity 3.29 1.19 24 %
Current ratio 1.06 1.45 32 %
Revenue growth 14.4% 1.8% 65 %
Revenue per employee1.30 MNOK1.40 MNOK

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 56, SVITHUN ELEKTRO AS does better than 62% of small companies in the same sector (30,102 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SVITHUN ELEKTRO AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

SVITHUN ELEKTRO AS had an operating margin of 15.5% and an equity ratio of 23.3% in 2024, and ranks 11,947 of 31,127 in Bygg og anlegg.

From 2023 to 2024: the operating margin rose from 11.0% to 15.5% and revenue grew by 14%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 4 MNOK and 50 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.4 MNOK 10.0 44 MNOK
EV/EBIT Operating profit: 5.5 MNOK
minus net debt −6.8 MNOK
8.0 50 MNOK
P/B Equity: 3.9 MNOK 1.0 4 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 · 2024

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 0.0% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability84 weight 30%
Solidity30 weight 25%
Liquidity32 weight 15%
Growth65 weight 15%
Consistency58 weight 15%

Durability: 53 (average over 2 years)

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

2024

Questions and answers

How profitable is SVITHUN ELEKTRO AS?

The operating margin was 15.5% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 33.8%.

How solid is SVITHUN ELEKTRO AS?

The equity ratio was 23.3% in 2024 (median 36.8%). Debt-to-equity was 3.29 (median 1.19).

What is the liquidity of SVITHUN ELEKTRO AS like?

The current ratio was 1.06 in 2024 (median 1.45).

How does SVITHUN ELEKTRO AS compare in Bygg og anlegg?

SVITHUN ELEKTRO AS ranks 11,947 of 31,127 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 11,539 of 30,102. Revenue changed by 14.4% from the year before.

From the Central Coordinating Register

Org. no.
961122422
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
27 registered 10 October 2026
Founded
20 June 1991 35 years in operation
Share capital
0.15 MNOK
Business address
Brannstasjonsveien 18, 4312 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Latest accounts filed
2025

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

Chief executive
Arve Bjerga
Chair of the board
Arve Bjerga
Board member
Pål Folkvord
Board member
Eivind Frafjord
Board member
Kristian Grønnestad
Auditor
FRYD REVISJON AS
Accountant
BJERGA REGNSKAP AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

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

Coming · not built yet

Error in the data?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index505659
Rank14,89211,94710,193
Operating margin11.0%15.5%16.5%
Return on assets24.1%33.8%37.2%
Equity ratio23.6%23.3%27.1%
Current ratio1.031.061.17
Revenue growth–14.4%10.2%

Accounts

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

Key figure202320242025
Operating revenue30.7 MNOK35.2 MNOK38.7 MNOK
Operating profit3.4 MNOK5.5 MNOK6.4 MNOK
Profit before tax3.6 MNOK5.6 MNOK6.6 MNOK
Net profit2.8 MNOK4.4 MNOK5.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets14.9 MNOK16.5 MNOK17.8 MNOK
Current assets11.3 MNOK13.0 MNOK14.9 MNOK
Equity3.5 MNOK3.9 MNOK4.8 MNOK
Retained earnings3.4 MNOK3.7 MNOK4.7 MNOK
Total liabilities11.4 MNOK12.7 MNOK13.0 MNOK
Current liabilities11.0 MNOK12.3 MNOK12.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5570613.