Sinneskulå AS
ASActiveOrg 932221543Sirdalsveien 7432, 4443 TjørhomDevelopment of building projects· NACE 6812Est. 2023 · 3 years old0 employees
Loading company…
Overview
Sinneskulå AS is a Norwegian AS based in Tjørhom, operating in the Development of building projects sector. Incorporated in 2023, the company has 0 employees and reported revenue of NOK 520.8k in its latest annual filing.
Revenue 2025
0.5M NOK
+93% vs 2024
EBITDA margin
84.5 %
+937% vs 2024
Net profit 2025
-0.1M NOK
+82% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
24.0 %
AverageAround the average of companies in the same industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
WeakAmong the 30% lowest rated companies in the industry
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
-0.8 %
WeakAmong the 40% lowest rated companies in the industry
20232025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 0.5M NOK | +93% |
| EBITDA | 0.4M NOK | +937% |
| Net profit | -0.1M NOK | +82% |
| Total assets | 10.5M NOK | -3% |
| Equity | 2.5M NOK | -3% |
| Employees | 0 | — |
Company information
Legal name
SINNESKULÅ AS
Org number
932221543
Legal form
Aksjeselskap
NACE code
Founded
19 September 2023 · 3 years
Share capital
NOK 1,030,000
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Erverv og utvikling av hyttetomter, herunder oppføring av hytter og utleie og salg av slike samt deltakelse i annen virksomhet direkte eller gjennom eie av aksjer eller andeler i andre virksomheter, samt hva hermed står i forbindelse.
(no translation available)
Address
Sirdalsveien 7432, 4443 Tjørhom
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Sinneskulå AS reported revenue of NOK 520.8k, an increase of 93% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net loss of NOK 80.3k, and the EBITDA margin stood at 84.5%.
At the end of 2025, equity financed 24% of the balance sheet, and current assets covered short-term debt 0.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 521 | 270 | 0 |
| Staff expenses | -0 | -0 | -0 |
| EBITDA | 440 | -53 | -0 |
| Depreciation & amort. | -203 | -148 | -0 |
| EBIT | 237 | -200 | -0 |
| Net financials | -317 | -234 | 0 |
| Profit before tax | -80 | -435 | -0 |
| Tax | -0 | -0 | -0 |
| Net profit | -80 | -435 | -0 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 10,458 | 10,828 | 1,718 |
| Equity | 2,509 | 2,590 | 24 |
| Long-term debt | 6,558 | 6,165 | 0 |
| Short-term debt | 1,390 | 2,074 | 1,694 |
| Total debt | 7,948 | 8,238 | 1,694 |
Financial ratios
5-year trendEBITDA margin
84.5 %
20232025
Equity ratio
24.0 %
AverageAround the average of companies in the same industry
20232025
Return on equity
-3.2 %
WeakAmong the 30% lowest rated companies in the industry
20232025
Net profit margin
-15.4 %
WeakAmong the 30% lowest rated companies in the industry
20232025
Asset turnover
0.05×
AverageAround the average of companies in the same industry
20232025
Debt / equity
3.17×
WeakAmong the 40% lowest rated companies in the industry
20232025
Sector performance
27 of 28 ratios graded28 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 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)Weak
Among the 30% 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)Weak
Among the 40% 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)Weak
Among the 30% 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)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 30% 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 ratioWeak
Among the 30% lowest 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 ratioWeak
Among the 30% 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 ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest 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 capitalWeak
Among the 30% lowest 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 weak
Among the 10% lowest 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 equityWeak
Among the 40% lowest rated companies in the 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 debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% 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 turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
MH Contact Person | Contact Person | 2023 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
EM Board of Directors | Board of Directors | 2024 |
TS Chairman | Chairman | 2024 |
Former (1)
SH Chairman | Chairman | 2023 – 2024 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 50% | 50% | 2024 | |
| Company | 50% | 50% | 2024 | |
| Company | 100% | 100% | 2023 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Edel Sitt As
Sinneskulå AS Board network connections
Board members of Sinneskulå AS also hold positions in 53 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tor Sigve Vik | Chairman | 24 companiesMany roles |
| Snorre Haukali | Chairman | 23 companiesMany roles |
| Edel Margaret Byberg | Board of Directors | 5 companies |
| Maren Henriksen | Contact Person | 1 company |
Frequently asked questions
What is the Org number of Sinneskulå AS?
Sinneskulå AS is registered with Brønnøysundsregistrene under Org 932221543.
What is the revenue of Sinneskulå AS?
Sinneskulå AS reported revenue of NOK 520.8k in 2025.
Who is the chairman of Sinneskulå AS?
Tor Sigve Vik chairs the board of Sinneskulå AS, in role since 2024.
Where is Sinneskulå AS headquartered?
Sinneskulå AS's registered address is Sirdalsveien 7432.