SEC1 AS

ASActive

Org 933147363Kalvmyra 24, 7657 VerdalInvestigation and private security activities· NACE 8001Est. 2024 · 2 years old10 employees

Overview

SEC1 AS is a Norwegian AS based in Verdal, operating in the Investigation and private security activities sector. Incorporated in 2024, the company has 10 employees and reported revenue of NOK 599.4k in its latest annual filing.

Revenue 2025

599.4K NOK

+35% vs 2024

EBITDA margin

6.6 %

−10% vs 2024

Net profit 2025

29.8K NOK

-18% vs 2024

Key ratios

See full ratios →

49.8 %

Average

Around the average of companies in the same industry

20242025

1.7×

Average

Around the average of companies in the same industry

20242025

17.6 %

Strong

Among the 30% highest rated companies in the industry

20242025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	599.4K NOK	+35%
EBITDA	39.6K NOK	-10%
Net profit	29.8K NOK	-18%
Total assets	169.6K NOK	-3%
Equity	84.4K NOK	+55%
Employees	10	—

Financial development

In its most recent annual report (2025), SEC1 AS reported revenue of NOK 599.4k, an increase of 35% on the year before. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of NOK 29.8k, and the EBITDA margin stood at 6.6%.

At the end of 2025, equity financed 49.8% of the balance sheet, and current assets covered short-term debt 1.7 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024
Revenue	599	444
Staff expenses	-286	-187
EBITDA	40	44
Depreciation & amort.	-0	-0
EBIT	40	44
Net financials	0	-0
Profit before tax	40	44
Tax	10	8
Net profit	30	36

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Balance sheet

NOK thousands

Item	2025	2024
Total assets	170	175
Equity	84	55
Long-term debt	1	3
Short-term debt	84	118
Total debt	85	121

Financial ratios

5-year trend

EBITDA margin

6.6 %

20242025

Equity ratio

49.8 %

Average

Around the average of companies in the same industry

20242025

Return on equity

35.3 %

Strong

Among the 40% highest rated companies in the industry

20242025

Net profit margin

5.0 %

Average

Around the average of companies in the same industry

20242025

Asset turnover

3.53×

Very strong

Among the 20% highest rated companies in the industry

20242025

Debt / equity

1.01×

Average

Around the average of companies in the same industry

20242025

Sector performance

26 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 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)Strong

Among the 40% 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)Strong

Among the 30% 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)Strong

Among the 40% 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 20% 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 ratioStrong

Among the 40% 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 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 equityWeak

Among the 40% 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 capitalStrong

Among the 40% 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 ratioStrong

Among the 30% 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 ratioStrong

Among the 40% 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 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 equityAverage

Around the average of companies in the same 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 debtStrong

Among the 30% highest rated companies in the industry

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

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

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

Interest marginStrong

Among the 30% 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.

Interest coverageNot rated

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

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

Efficiency & development

Asset turnoverVery strong

Among the 20% 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 debtVery strong

Among the 20% 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

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

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
BK Bjørn Kristian Oppheim Chief Executive Officer	Chief Executive Officer	2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
BK Bjørn Kristian Oppheim Chairman	Chairman	2024
KM Kai Morten Rinnan Board of Directors	Board of Directors	2024
ML Martin Lindsetmo Wengstad Board of Directors	Board of Directors	2024

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 SEC1 AS also hold positions in 16 other companies.

Person	Role here	Other companies
Bjørn Kristian Oppheim	Chief Executive Officer	10 companiesMany roles
Martin Lindsetmo Wengstad	Board of Directors	6 companiesMany roles

Frequently asked questions

What is the Org number of SEC1 AS?

SEC1 AS is registered with Brønnøysundsregistrene under Org 933147363.

What is the revenue of SEC1 AS?

SEC1 AS reported revenue of NOK 599.4k in 2025.

How many employees does SEC1 AS have?

SEC1 AS employs 10 people as of the latest annual report.

Who is the CEO of SEC1 AS?

Bjørn Kristian Oppheim is the CEO of SEC1 AS.

Who is the chairman of SEC1 AS?

Bjørn Kristian Oppheim chairs the board of SEC1 AS.

Where is SEC1 AS headquartered?

SEC1 AS's registered address is Kalvmyra 24.