Sand Studio AS
ASActiveOrg 934762045Madlastokken 5, 4042 HafrsfjordEconomic activity was not specified by tax authority· NACE 0000Est. 2024 · 1 year old0 employees
Loading company…
Overview
Sand Studio AS is a Norwegian AS based in Hafrsfjord, operating in the Economic activity was not specified by tax authority sector. Incorporated in 2024, the company has 0 employees and reported revenue of NOK 278.4k in its latest annual filing.
Revenue 2025
0.3M NOK
EBITDA margin
39.2 %
Net profit 2025
0.2M NOK
0 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
72.5 %
AverageAround the average of companies in the same industry
20242025
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 40% lowest rated companies in the industry
20242025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.5 %
AverageAround the average of companies in the same industry
20242025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 0.3M NOK | — |
| EBITDA | 0.1M NOK | — |
| Net profit | 0.2M NOK | — |
| Total assets | 31.1M NOK | +103556% |
| Equity | 22.5M NOK | +93016% |
| Employees | 0 | — |
Company information
Legal name
SAND STUDIO AS
Org number
934762045
Legal form
Aksjeselskap
NACE code
Founded
12 December 2024 · 1 year
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Investering i aksjer og verdipapirer.
(no translation available)
Address
Madlastokken 5, 4042 Hafrsfjord
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), Sand Studio AS reported revenue of NOK 278.4k. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of NOK 168.7k, and the EBITDA margin stood at 39.2%.
At the end of 2025, equity financed 72.5% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 |
|---|---|---|
| Revenue | 278 | 0 |
| Staff expenses | -45 | -0 |
| EBITDA | 109 | 0 |
| Depreciation & amort. | -0 | -0 |
| EBIT | 109 | 0 |
| Net financials | 82 | 0 |
| Profit before tax | 191 | 0 |
| Tax | 23 | -0 |
| Net profit | 169 | 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 |
|---|---|---|
| Total assets | 31,097 | 30 |
| Equity | 22,549 | 24 |
| Long-term debt | 0 | 0 |
| Short-term debt | 8,548 | 6 |
| Total debt | 8,548 | 6 |
Financial ratios
5-year trendEBITDA margin
39.2 %
20242025
Equity ratio
72.5 %
AverageAround the average of companies in the same industry
20242025
Return on equity
0.7 %
AverageAround the average of companies in the same industry
20242025
Net profit margin
60.6 %
AverageAround the average of companies in the same industry
20242025
Asset turnover
0.01×
Very strongAmong the 20% highest rated companies in the industry
20242025
Debt / equity
0.38×
AverageAround the average of companies in the same industry
20242025
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 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)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same 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 ratioWeak
Among the 40% 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 40% 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 ratioVery weak
Among the 20% lowest rated companies in the 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 40% 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 ratioAverage
Around the average of companies in the same 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 debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 20% 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 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 marginAverage
Around the average of companies in the same 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 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 10% highest 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 equityVery strong
Among the 10% 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 weak
Among the 10% 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
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal ownersNo shareholder data available.
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
Sand Studio AS 
Sand Investering AsFrequently asked questions
What is the Org number of Sand Studio AS?
Sand Studio AS is registered with Brønnøysundsregistrene under Org 934762045.
What is the revenue of Sand Studio AS?
Sand Studio AS reported revenue of NOK 278.4k in 2025.
Where is Sand Studio AS headquartered?
Sand Studio AS's registered address is Madlastokken 5.