Sunniva AS

ASDissolved

Org 976604598Stordamveien 36F, 0671 OsloBusiness and other management consultancy activities· NACE 7020Est. 1996 · 30 years old0 employees

Overview

Sunniva AS is a Norwegian AS based in Oslo, operating in the Business and other management consultancy activities sector. Incorporated in 1996, the company has 0 employees and reported revenue of NOK 830.6k in its latest annual filing.

Revenue 2022

0.8M NOK

+16% vs 2021

EBITDA margin

4.6 %

−89% vs 2021

Net profit 2022

0M NOK

-89% vs 2021

Key ratios

See full ratios →

79.2 %

Strong

Among the 40% highest rated companies in the industry

20182022

4.8×

Strong

Among the 30% highest rated companies in the industry

20182022

0.4 %

Average

Around the average of companies in the same industry

20182022

EBITDA — year on year

NOK thousands

Key figures

Annual report 2022

Revenue	0.8M NOK	+16%
EBITDA	0M NOK	-89%
Net profit	0M NOK	-89%
Total assets	7.5M NOK	+12%
Equity	5.9M NOK	+1%
Employees	0	—

Financial development

In its most recent annual report (2022), Sunniva AS reported revenue of NOK 830.6k, an increase of 16% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of NOK 29.6k, and the EBITDA margin stood at 4.6%.

At the end of 2022, equity financed 79.2% of the balance sheet, and current assets covered short-term debt 4.8 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2022	2021	2020	2019	2018
Revenue	831	719	2,742	2,723	3,815
Staff expenses	-793	-379	-804	-911	-985
EBITDA	38	340	1,850	1,730	2,743
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	38	340	1,850	1,730	2,743
Net financials	0	0	0	0	0
Profit before tax	38	340	1,850	1,730	2,743
Tax	8	75	407	381	631
Net profit	30	265	1,443	1,349	2,112

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Balance sheet

NOK thousands

Item	2022	2021	2020	2019	2018
Total assets	7,490	6,660	6,461	5,032	3,696
Equity	5,935	5,905	5,640	4,197	2,847
Long-term debt	0	0	0	0	0
Short-term debt	1,556	755	821	835	848
Total debt	1,556	755	821	835	848

Financial ratios

5-year trend

EBITDA margin

4.6 %

20182022

Equity ratio

79.2 %

Strong

Among the 40% highest rated companies in the industry

20182022

Return on equity

0.5 %

Weak

Among the 40% lowest rated companies in the industry

20182022

Net profit margin

3.6 %

Average

Around the average of companies in the same industry

20182022

Asset turnover

0.11×

Weak

Among the 40% lowest rated companies in the industry

20182022

Debt / equity

0.26×

Strong

Among the 40% highest rated companies in the industry

20182022

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)Weak

Among the 40% 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)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)Weak

Among the 40% 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 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 ratioStrong

Among the 30% highest 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 10% 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 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 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 ratioStrong

Among the 40% 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 40% 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 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 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 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.

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 turnoverWeak

Among the 40% lowest 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 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.

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 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 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
CR Claus Refsum Flinder Trustee	Trustee	2025

Former (1)


MR Mudassir Rehman Sheikh Contact Person	Contact Person	2016 – 2026

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
MR Mudassir Rehman Sheikh Chairman	Chairman	2016
MN Muzammil Navid Sheikh Board of Directors	Board of Directors	2016

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 Sunniva AS also hold positions in 197 other companies.

Person	Role here	Other companies
Claus Refsum Flinder	Trustee	159 companiesMany roles
Mudassir Rehman Sheikh	Contact Person	19 companiesMany roles
Muzammil Navid Sheikh	Board of Directors	19 companiesMany roles

Frequently asked questions

What is the Org number of Sunniva AS?

Sunniva AS is registered with Brønnøysundsregistrene under Org 976604598.

What is the revenue of Sunniva AS?

Sunniva AS reported revenue of NOK 830.6k in 2022.

Who is the chairman of Sunniva AS?

Mudassir Rehman Sheikh chairs the board of Sunniva AS, in role since 2016.

Where is Sunniva AS headquartered?

Sunniva AS's registered address is Stordamveien 36F.