Smio AS

ASActive

Org 830331522Strømsborgveien 31C, 0287 OsloEconomic activity was not specified by tax authority· NACE 0000Est. 2022 · 3 years old1-4 employees

Overview

Smio AS is a Norwegian AS based in Oslo, operating in the Economic activity was not specified by tax authority sector. Incorporated in 2022, the company reported revenue of NOK 240.0k in its latest annual filing.

Revenue 2025

240K NOK

0% vs 2024

EBITDA margin

32.4 %

−38% vs 2024

Net profit 2025

60.1K NOK

-40% vs 2024

Key ratios

See full ratios →

71.0 %

Average

Around the average of companies in the same industry

20232025

3.4×

Average

Around the average of companies in the same industry

20232025

24.9 %

Very strong

Among the 20% highest rated companies in the industry

20232025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	240K NOK	0%
EBITDA	77.7K NOK	-38%
Net profit	60.1K NOK	-40%
Total assets	241.8K NOK	+50%
Equity	171.7K NOK	+54%
Employees	—	—

Financial development

In its most recent annual report (2025), Smio AS reported revenue of NOK 240.0k, broadly in line with the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net profit of NOK 60.1k, and the EBITDA margin stood at 32.4%.

At the end of 2025, equity financed 71% of the balance sheet, and current assets covered short-term debt 3.4 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023
Revenue	240	240	0
Staff expenses	-142	-87	-0
EBITDA	78	126	-7
Depreciation & amort.	-0	-0	-0
EBIT	78	126	-7
Net financials	-0	0	-10
Profit before tax	77	126	-17
Tax	17	26	-0
Net profit	60	100	-17

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Balance sheet

NOK thousands

Item	2025	2024	2023
Total assets	242	161	11
Equity	172	112	11
Long-term debt	0	0	0
Short-term debt	70	49	0
Total debt	70	49	0

Financial ratios

5-year trend

EBITDA margin

32.4 %

20232025

Equity ratio

71.0 %

Average

Around the average of companies in the same industry

20232025

Return on equity

35.0 %

Very strong

Among the 20% highest rated companies in the industry

20232025

Net profit margin

25.1 %

Average

Around the average of companies in the same industry

20232025

Asset turnover

0.99×

Very strong

Among the 10% highest rated companies in the industry

20232025

Debt / equity

0.41×

Average

Around the average of companies in the same industry

20232025

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 20% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginAverage

Around the average of companies in the same industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 40% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 30% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

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 2022-11-09 – 2023-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


WR Wenche Riseth Contact Person	Contact Person	2022 – 2026

Board of directors

Non-executive oversight

Name	Role	Member since
Current (4)
SR Sofie Riseth Board of Directors	Board of Directors	2025
WR Wenche Riseth Chairman	Chairman	2022
VR Vidar Riseth Board of Directors	Board of Directors	2025
MR Mia Riseth Board of Directors	Board of Directors	2025

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Smio AS also hold positions in 17 other companies.

Person	Role here	Other companies
Vidar Riseth	Board of Directors	9 companiesMany roles
Wenche Riseth	Contact Person	5 companies
Sofie Riseth	Board of Directors	2 companies
Mia Riseth	Board of Directors	1 company

Frequently asked questions

What is the Org number of Smio AS?

Smio AS is registered with Brønnøysundsregistrene under Org 830331522.

What is the revenue of Smio AS?

Smio AS reported revenue of NOK 240.0k in 2025.

Who is the chairman of Smio AS?

Wenche Riseth chairs the board of Smio AS.

Where is Smio AS headquartered?

Smio AS's registered address is Strømsborgveien 31C.