Stiftelsen Kunstsilo
STIActiveOrg 976215834Sjølystveien 8, 4610 Kristiansand SMuseum and collection activities· NACE 9121Est. 1995 · 31 years old120 employeeshttps://www.kunstsilo.no
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Overview
Stiftelsen Kunstsilo is a Norwegian STI based in Kristiansand S, operating in the Museum and collection activities sector. Incorporated in 1995, the company has 120 employees and reported revenue of NOK 122.6m in its latest annual filing.
Revenue 2025
122.6M NOK
+25% vs 2024
EBITDA margin
5.1 %
+209% vs 2024
Net profit 2025
0.5M NOK
+136% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
9.5 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.4 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 122.6M NOK | +25% |
| EBITDA | 6.3M NOK | +209% |
| Net profit | 0.5M NOK | +136% |
| Total assets | 117M NOK | -20% |
| Equity | 11.1M NOK | +5% |
| Employees | 120 | — |
Company information
Legal name
STIFTELSEN KUNSTSILO
Org number
976215834
Legal form
Stiftelse
NACE code
Founded
24 August 1995 · 31 years
Share capital
NOK 200,000
Employees
120 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Stiftelsen skal arbeide for å skape interesse, kjennskap og kompetanseheving i forhold til billedkunst, kunsthåndverk og andre visuelle uttrykksformer. Stiftelsen skal ha et regionalt, nasjonalt og internasjonalt virkeområde. Museet skal arbeide med innsamling, dokumentasjon og bevaring, forskning på og formidling av kunst. Museets grunnstamme er kunstsamlingene tilhørende stiftelsene christianssands billedgalleri, kunstsilo og ako-kunststiftelse.
(no translation available)
Contact
Address
Sjølystveien 8, 4610 Kristiansand S
Website
https://www.kunstsilo.no
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Financial development
In its most recent annual report (2025), Stiftelsen Kunstsilo reported revenue of NOK 122.6m, an increase of 25% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 491.4k, and the EBITDA margin stood at 5.1%.
At the end of 2025, equity financed 9.5% of the balance sheet, and current assets covered short-term debt 1.2 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 122,622 | 98,103 | 61,237 | 46,774 | 43,571 |
| Staff expenses | -50,781 | -37,650 | -27,908 | -18,553 | -18,643 |
| EBITDA | 6,301 | 2,040 | 1,429 | 1,503 | 5,007 |
| Depreciation & amort. | -0 | -3,832 | -1,216 | -1,415 | -985 |
| EBIT | 6,301 | -1,792 | 212 | 87 | 4,022 |
| Net financials | -5,810 | 430 | 191 | 249 | -562 |
| Profit before tax | 491 | -1,361 | 403 | 336 | 3,460 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 491 | -1,361 | 403 | 336 | 3,460 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 116,987 | 146,230 | 133,065 | 111,948 | 161,111 |
| Equity | 11,140 | 10,649 | 12,010 | 11,607 | 11,270 |
| Long-term debt | 80,000 | 81,564 | 78,192 | 0 | 0 |
| Short-term debt | 25,847 | 54,017 | 42,863 | 100,341 | 149,840 |
| Total debt | 105,847 | 135,581 | 121,055 | 100,341 | 149,840 |
Financial ratios
5-year trendEBITDA margin
5.1 %
20212025
Equity ratio
9.5 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
4.4 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
0.4 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
1.05×
AverageAround the average of companies in the same industry
20212025
Debt / equity
9.50×
Very weakAmong the 10% lowest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 10% highest 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)Strong
Among the 40% 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 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 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 ratioWeak
Among the 40% 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 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 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 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 ratioWeak
Among the 30% lowest 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 ratioWeak
Among the 30% lowest 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 equityVery weak
Among the 10% 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 equityVery weak
Among the 10% 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 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 debtVery weak
Among the 20% lowest rated companies in the 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 turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same 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 debtStrong
Among the 30% highest 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 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (8) | ||
TN Deputy Member | Deputy Member | 2020 |
TH Deputy Member | Deputy Member | 2020 |
BS Deputy Member | Deputy Member | 2020 |
JH Deputy Member | Deputy Member | 2020 |
MC Chief Executive Officer | Chief Executive Officer | 2025 |
ER Deputy Member | Deputy Member | 2024 |
BM Deputy Member | Deputy Member | 2020 |
CJ Deputy Member | Deputy Member | 2020 |
Former (3)
RF Chief Executive Officer | Chief Executive Officer | 2017 – 2025 |
MP Deputy Member | Deputy Member | 2020 – 2022 |
KK Deputy Member | Deputy Member | 2022 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (8) | ||
EH Board of Directors | Board of Directors | 2020 |
TH Board of Directors | Board of Directors | 2020 |
SS Board of Directors | Board of Directors | 2020 |
SO Chairman | Chairman | 2020 |
NT Board of Directors | Board of Directors | 2020 |
EG Board of Directors | Board of Directors | 2024 |
HS Board of Directors | Board of Directors | 2020 |
FF Board of Directors | Board of Directors | 2024 |
Former (2)
ER Board of Directors | Board of Directors | 2020 – 2024 |
AG Board of Directors | Board of Directors | 2020 – 2024 |
Shareholders
Active legal ownersNo shareholder data available.
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Related companies
Company hierarchy
Stiftelsen Kunstsilo 
Kunstsilo Butikk ASBoard network connections
Board members of Stiftelsen Kunstsilo also hold positions in 143 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torunn Høyum-Eriksen | Board of Directors | 28 companiesMany roles |
| Arvid Grundekjøn | Board of Directors | 24 companiesMany roles |
| Stina Skeie | Board of Directors | 17 companiesMany roles |
| Reidar Fuglestad | Chief Executive Officer | 14 companiesMany roles |
| Maria Cecilie Mediaas Jørstad | Chief Executive Officer | 13 companiesMany roles |
| Christian Jebsen | Deputy Member | 7 companiesMany roles |
| Erling Gjerdrum Kagge | Board of Directors | 7 companiesMany roles |
| Stein Olav Henrichsen | Chairman | 6 companiesMany roles |
| Thomas Hestvold | Deputy Member | 5 companies |
| Jacob Haugmoen Handegard | Deputy Member | 5 companies |
| Elisabeth Romberg | Deputy Member | 5 companies |
| Birte Simonsen | Deputy Member | 4 companies |
| Heidi Sørvig | Board of Directors | 4 companies |
| Ernst Håkon Jahr | Board of Directors | 2 companies |
| Terje Næss | Deputy Member | 1 company |
| Mirjam Pettersen Nytun | Deputy Member | 1 company |
Frequently asked questions
What is the Org number of Stiftelsen Kunstsilo?
Stiftelsen Kunstsilo is registered with Brønnøysundsregistrene under Org 976215834.
What is the revenue of Stiftelsen Kunstsilo?
Stiftelsen Kunstsilo reported revenue of NOK 122.6m in 2025.
How many employees does Stiftelsen Kunstsilo have?
Stiftelsen Kunstsilo employs 120 people as of the latest annual report.
Who is the CEO of Stiftelsen Kunstsilo?
Maria Cecilie Mediaas Jørstad is the CEO of Stiftelsen Kunstsilo, in role since 2025.
Who is the chairman of Stiftelsen Kunstsilo?
Stein Olav Henrichsen chairs the board of Stiftelsen Kunstsilo, in role since 2020.
Where is Stiftelsen Kunstsilo headquartered?
Stiftelsen Kunstsilo's registered address is Sjølystveien 8.