S2E Transformation Inc.

NUFActive

Org 926141015Leilighet 11B KANNIKBAKKEN 6, 4005 StavangerEngineering activities and related technical consultancy· NACE 7112Est. 2020 · 5 years old0 employees

Overview

S2E Transformation Inc. is a Norwegian NUF based in Stavanger, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2020, the company has 0 employees and reported revenue of NOK 3.4m in its latest annual filing.

Revenue 2024

3.4M NOK

−7% vs 2023

EBITDA margin

−3.8 %

+12% vs 2023

Net profit 2024

-0.1M NOK

+3% vs 2023

Key ratios

See full ratios →

81.6 %

Strong

Among the 30% highest rated companies in the industry

20202024

5.4×

Strong

Among the 30% highest rated companies in the industry

20202024

-19.1 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

EBITDA — year on year

NOK thousands

Key figures

Annual report 2024

Revenue	3.4M NOK	-7%
EBITDA	-0.1M NOK	+12%
Net profit	-0.1M NOK	+3%
Total assets	0.8M NOK	+10%
Equity	0.6M NOK	0%
Employees	0	—

Financial development

In its most recent annual report (2024), S2E Transformation Inc. reported revenue of NOK 3.4m, a decrease of 7% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of NOK 148.3k, and the EBITDA margin stood at -3.8%.

At the end of 2024, equity financed 81.6% of the balance sheet, and current assets covered short-term debt 5.4 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2024	2023	2022	2021	2020
Revenue	3,405	3,667	3,677	3,379	1,248
Staff expenses	-0	-0	-0	-0	-234
EBITDA	-129	-147	-238	819	-13
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-129	-147	-238	819	-13
Net financials	-19	-6	-9	-11	0
Profit before tax	-148	-153	-247	807	-13
Tax	-0	-0	-0	-0	-0
Net profit	-148	-153	-247	635	-13

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Balance sheet

NOK thousands

Item	2024	2023	2022	2021	2020
Total assets	778	710	852	1,267	641
Equity	635	635	881	1,003	-13
Long-term debt	0	66	0	0	0
Short-term debt	143	9	-28	264	654
Total debt	143	75	-28	264	654

Financial ratios

5-year trend

EBITDA margin

-3.8 %

20202024

Equity ratio

81.6 %

Strong

Among the 30% highest rated companies in the industry

20202024

Return on equity

-23.4 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

Net profit margin

-4.4 %

Weak

Among the 30% lowest rated companies in the industry

20202024

Asset turnover

4.38×

Very strong

Among the 10% highest rated companies in the industry

20202024

Debt / equity

0.23×

Strong

Among the 30% highest rated companies in the industry

20202024

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginAverage

Around the average of companies in the same 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 marginWeak

Among the 30% lowest rated companies in the 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 marginWeak

Among the 30% lowest rated companies in the 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 weak

Among the 20% lowest 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 weak

Among the 20% lowest 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 weak

Among the 20% lowest 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 weak

Among the 20% lowest rated companies in the industry

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

Capacity ratioAverage

Around the average of companies in the same 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 ratioStrong

Among the 30% highest rated companies in the 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 ratioVery weak

Among the 10% lowest rated companies in the 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 equityAverage

Around the average of companies in the same 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 ratioWeak

Among the 40% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

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

Debt ratioStrong

Among the 30% highest rated companies in the industry

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

Debt to equityStrong

Among the 30% highest rated companies in the industry

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

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

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

Income to debtVery weak

Among the 10% lowest rated companies in the industry

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

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest coverageWeak

Among the 30% lowest rated companies in the industry

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

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest marginVery weak

Among the 20% lowest 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.

Inventory turnoverVery strong

Among the 20% highest rated companies in the industry

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.

One-year change in equityAverage

Around the average of companies in the same industry

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

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

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

Equity to contributed capitalNot rated

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

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

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 2020-02-24 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
KC Katarzyna Caruana Norwegian Representative For Foreign Entity	Norwegian Representative For Foreign Entity	2026

Former (1)


AU Anders Urdal Contact Person	Contact Person	2020 – 2026

Board of directors

Non-executive oversight

No data on file.

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 S2E Transformation Inc. also hold positions in 123 other companies.

Person	Role here	Other companies
Anders Urdal	Contact Person	109 companiesMany roles
Katarzyna Caruana	Norwegian Representative For Foreign Entity	14 companiesMany roles

Frequently asked questions

What is the Org number of S2E Transformation Inc.?

S2E Transformation Inc. is registered with Brønnøysundsregistrene under Org 926141015.

What is the revenue of S2E Transformation Inc.?

S2E Transformation Inc. reported revenue of NOK 3.4m in 2024.

Where is S2E Transformation Inc. headquartered?

S2E Transformation Inc.'s registered address is Leilighet 11B KANNIKBAKKEN 6.