SINUS ELEKTRO AS
Score · fiscal year 2025
62of 100
How to read this: the company is ahead of 76 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 8,521 of 32,581 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 84 and solidity 58 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
SINUS ELEKTRO AS is 12 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin 9.7% (median 4.6%) and equity ratio 35.2% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 146 MNOK | 176 MNOK |
| Operating margin | 9.7% | 4.6% |
| Profit margin | 9.8% | 4.6% |
| Return on assets | 24.2% | 10.7% |
| Equity ratio | 35.2% | 31.2% |
| Debt-to-equity | 1.84 | 2.19 |
| Current ratio | 1.45 | 1.36 |
| Revenue growth | −12.8% | 6.6% |
| Revenue per employee | 1.92 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 62, SINUS ELEKTRO AS does better than 76% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- SINUS ELEKTRO AS
- Median: medium-sized companies in the same sector
SINUS ELEKTRO AS has a score of 62 for 2025, rank 8,521 of 32,581 in the sector.
Strongest: Profitability: percentile 84 against peers, operating margin 9.7% against a median of 4.6%. Consistency: percentile 73 against peers.
Weakest: Growth: percentile 18 against peers, revenue growth −12.8% against a median of 6.6%.
Worth a closer look
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
SINUS ELEKTRO AS had an operating margin of 9.7% and an equity ratio of 35.2% in 2025, and ranks 8,521 of 32,581 in Bygg og anlegg.
From 2024 to 2025: the equity ratio rose from 26.5% to 35.2% and revenue fell by 13%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 21 MNOK and 128 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 112 MNOK |
| EV/EBIT | 8.0 | 128 MNOK |
| P/B | 1.0 | 21 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
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 0.2% 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.
Data quality
No anomalies found in the figures.
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 84 | weight 30% |
|---|---|---|
| Solidity | 58 | weight 25% |
| Liquidity | 58 | weight 15% |
| Growth | 18 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 56 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SINUS ELEKTRO AS?
The operating margin was 9.7% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 24.2%.
How solid is SINUS ELEKTRO AS?
The equity ratio was 35.2% in 2025 (median 31.2%). Debt-to-equity was 1.84 (median 2.19).
What is the liquidity of SINUS ELEKTRO AS like?
The current ratio was 1.45 in 2025 (median 1.36).
How does SINUS ELEKTRO AS compare in Bygg og anlegg?
SINUS ELEKTRO AS ranks 8,521 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 247 of 1,030. Revenue changed by −12.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- 14.8 MNOK
- Framework agreements
- 1
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 20 April 2026 | Time Kommune | Utvidelse av Kvernaland omsorgssenter - elektro og automasjon - EP03 - kontraktstildeling | 14.8 MNOK |
| 25 June 2025 | Sandnes kommune | Rammeavtale for prosjektering, levering, montering og vedlikehold av talevarslingsanlegg | 4.8 MNOK (framework) |
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 27 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.
- 989059335
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- medium
- Employees
- 76 registered 10 September 2026
- Founded
- 2 December 2005 20 years in operation
- Share capital
- 4.40 MNOK
- Business address
- Hovebakken 33, 4306 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.sinus-elektro.no
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
- Anders Ulvøy
- Chair of the board
- Atle Maudal
- Board member
- Ørjan Homse Engstrøm
- Board member
- Eline Flacké
- Auditor
- FORUS REVISJON AS
- Accountant
- RANDABERG 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?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 51 | 55 | 62 | |
| Rank | 14,245 | 12,757 | 8,521 | |
| Operating margin | 7.8% | 7.8% | 9.7% | |
| Return on assets | 17.5% | 20.3% | 24.2% | |
| Equity ratio | 23.6% | 26.5% | 35.2% | |
| Current ratio | 1.28 | 1.24 | 1.45 | |
| Revenue growth | – | 8.7% | −12.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 154.1 MNOK | 167.6 MNOK | 146.1 MNOK |
| Operating profit | 12.0 MNOK | 13.0 MNOK | 14.2 MNOK |
| Profit before tax | 13.0 MNOK | 4.3 MNOK | 14.4 MNOK |
| Net profit | 10.1 MNOK | 3.3 MNOK | 11.2 MNOK |
| Financial expenses | 0.4 MNOK | 9.1 MNOK | 0.1 MNOK |
| Total assets | 76.6 MNOK | 65.9 MNOK | 59.8 MNOK |
| Current assets | 74.9 MNOK | 60.1 MNOK | 55.7 MNOK |
| Equity | 18.1 MNOK | 17.4 MNOK | 21.1 MNOK |
| Retained earnings | 11.5 MNOK | 10.8 MNOK | 14.5 MNOK |
| Total liabilities | 58.5 MNOK | 48.4 MNOK | 38.8 MNOK |
| Current liabilities | 58.3 MNOK | 48.4 MNOK | 38.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6623173.
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