Sørmarka AS
ASActiveOrg 982797985Enebakkveien 625, 1404 SiggerudHotels and similar accommodation· NACE 5510Est. 2000 · 25 years old69 employeeshttps://www.sormarka.no
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Overview
Sørmarka AS is a Norwegian AS based in Siggerud, operating in the Hotels and similar accommodation sector. Incorporated in 2000, the company has 69 employees and reported revenue of NOK 50.6m in its latest annual filing.
Revenue 2025
50.6M NOK
−4% vs 2024
EBITDA margin
14.8 %
−25% vs 2024
Net profit 2025
2.4M NOK
-53% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
70.9 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
5.4×
Very strongAmong the 10% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
3.0 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 50.6M NOK | -4% |
| EBITDA | 7.5M NOK | -25% |
| Net profit | 2.4M NOK | -53% |
| Total assets | 78.6M NOK | +3% |
| Equity | 55.7M NOK | +4% |
| Employees | 69 | — |
Company information
Legal name
SØRMARKA AS
Org number
982797985
Legal form
Aksjeselskap
NACE code
Founded
27 December 2000 · 25 years
Share capital
NOK 5,000,000
Employees
69 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Skal være arbeiderbevegelsens førstevalg for tilrettelegging og gjennomføring av sin kurs- og konferansevirksomhet.
(no translation available)
Contact
Address
Enebakkveien 625, 1404 Siggerud
Phone
+47 64 85 81 00
Email
post@sormarka.no
Website
https://www.sormarka.no
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Financial development
In its most recent annual report (2025), Sørmarka AS reported revenue of NOK 50.6m, a decrease of 4% 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 2.4m, and the EBITDA margin stood at 14.8%.
At the end of 2025, equity financed 70.9% of the balance sheet, and current assets covered short-term debt 5.4 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 50,620 | 52,880 | 59,355 | 56,871 | 31,513 |
| Staff expenses | -24,201 | -23,700 | -23,719 | -19,663 | -13,045 |
| EBITDA | 7,481 | 9,946 | 14,280 | 14,414 | 5,371 |
| Depreciation & amort. | -4,762 | -5,006 | -5,242 | -5,309 | -5,556 |
| EBIT | 2,720 | 4,939 | 9,038 | 9,105 | -184 |
| Net financials | 310 | 81 | -337 | -452 | -507 |
| Profit before tax | 3,029 | 5,020 | 8,702 | 8,652 | -691 |
| Tax | 669 | -0 | -0 | -0 | -0 |
| Net profit | 2,360 | 5,020 | 8,702 | 8,652 | -691 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 78,617 | 76,676 | 75,213 | 71,336 | 63,449 |
| Equity | 55,718 | 53,800 | 48,719 | 41,896 | 34,428 |
| Long-term debt | 9,923 | 11,073 | 13,325 | 15,577 | 17,579 |
| Short-term debt | 9,412 | 7,956 | 8,389 | 9,565 | 7,287 |
| Total debt | 19,335 | 19,029 | 21,713 | 25,142 | 24,866 |
Financial ratios
5-year trendEBITDA margin
14.8 %
20212025
Equity ratio
70.9 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Return on equity
4.2 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Net profit margin
4.7 %
StrongAmong the 40% highest rated companies in the industry
20212025
Asset turnover
0.64×
WeakAmong the 40% lowest rated companies in the industry
20212025
Debt / equity
0.41×
Very strongAmong the 20% highest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 30% 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 marginStrong
Among the 40% highest rated companies in the 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 marginStrong
Among the 40% highest 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 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 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 ratioVery strong
Among the 10% 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 ratioVery strong
Among the 10% 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 strong
Among the 10% highest 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 30% 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 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 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 ratioVery strong
Among the 20% 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 ratioVery strong
Among the 20% 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 equityVery strong
Among the 20% 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 30% 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 debtStrong
Among the 40% 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 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 debtWeak
Among the 30% 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 turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 30% lowest rated companies in the 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.
Equity to contributed capitalStrong
Among the 30% 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 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 debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
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 (9) | ||
JL Deputy Member | Deputy Member | 2025 |
KB Deputy Member | Deputy Member | 2024 |
PT Deputy Member | Deputy Member | 2023 |
GA Deputy Member | Deputy Member | 2023 |
VS Deputy Member | Deputy Member | 2025 |
JW Deputy Member | Deputy Member | 2021 |
FI Deputy Member | Deputy Member | 2025 |
MG Chief Executive Officer | Chief Executive Officer | 2020 |
KB Deputy Member | Deputy Member | 2021 |
Former (15)
JC Deputy Member | Deputy Member | 2021 – 2023 |
SK Deputy Member | Deputy Member | 2024 – 2025 |
KR Deputy Member | Deputy Member | 2024 – 2025 |
RH Deputy Member | Deputy Member | 2021 – 2023 |
SB Deputy Member | Deputy Member | 2023 – 2024 |
TO Deputy Member | Deputy Member | 2023 – 2025 |
JN Deputy Member | Deputy Member | 2024 – 2025 |
MA Deputy Member | Deputy Member | 2023 – 2024 |
LB Deputy Member | Deputy Member | 2024 – 2025 |
PC Deputy Member | Deputy Member | 2023 – 2024 |
ES Deputy Member | Deputy Member | 2023 – 2024 |
MK Deputy Member | Deputy Member | 2021 – 2024 |
CM Deputy Member | Deputy Member | 2021 – 2023 |
LT Deputy Member | Deputy Member | 2021 – 2025 |
AB Deputy Member | Deputy Member | 2021 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (9) | ||
SK Board of Directors | Board of Directors | 2025 |
SH Board of Directors | Board of Directors | 2024 |
CR Board of Directors | Board of Directors | 2024 |
KH | Chairman | 2025 |
KR Board of Directors | Board of Directors | 2023 |
MH Board of Directors | Board of Directors | 2021 |
SM Board of Directors | Board of Directors | 2021 |
JR Board of Directors | Board of Directors | 2025 |
EM Board of Directors | Board of Directors | 2024 |
Former (10)
TR Board of Directors | Board of Directors | 2021 – 2024 |
KB Board of Directors | Board of Directors | 2021 – 2024 |
JN Board of Directors | Board of Directors | 2021 – 2024 |
PT Board of Directors | Board of Directors | 2021 – 2023 |
JL Chairman | Chairman | 2021 – 2025 |
ES Board of Directors | Board of Directors | 2024 – 2025 |
OL Board of Directors | Board of Directors | 2024 – 2025 |
HL Board of Directors | Board of Directors | 2024 – 2025 |
HS Board of Directors | Board of Directors | 2021 – 2024 |
AA Board of Directors | Board of Directors | 2021 – 2024 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 86.66% | 86.66% | 2020 | |
| Company | 5.71% | 5.71% | 2020 | |
| Company | 3.47% | 3.47% | 2020 | |
| Company | 1.28% | 1.28% | 2020 |
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Related companies
Company hierarchy
Landsorganisasjonen I Norge
Sørmarka AS (this company)Board network connections
Board members of Sørmarka AS also hold positions in 134 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Steffen Høiland | Board of Directors | 23 companiesMany roles |
| Mildrid Kvisvik | Deputy Member | 12 companiesMany roles |
| Jarle Wilhelmsen | Deputy Member | 10 companiesMany roles |
| Carl Marius Michelsen | Deputy Member | 9 companiesMany roles |
| Svend Morten Voldsrud | Board of Directors | 9 companiesMany roles |
| Kjersti Barsok | Deputy Member | 7 companiesMany roles |
| Roger Heimli | Deputy Member | 7 companiesMany roles |
| Jan Rune Yanni Vikan | Board of Directors | 7 companiesMany roles |
| Jahn Cato Bakken | Deputy Member | 6 companiesMany roles |
| Gunnar Amland | Deputy Member | 6 companiesMany roles |
| Christopher Ray Beckham | Board of Directors | 6 companiesMany roles |
| Julie Lødrup | Chairman | 6 companiesMany roles |
| Olav Løvli | Board of Directors | 4 companies |
| Hege Skulstad Espe | Board of Directors | 4 companies |
| Terje Olav Olsson | Deputy Member | 3 companies |
| Lisbeth Berntsen Grandalen | Deputy Member | 3 companies |
| Jannicke Larsen | Deputy Member | 2 companies |
| Per Torbjørn Kristiansen | Deputy Member | 2 companies |
| Kathrine Hilde Haugland Martinsen | Chairman | 2 companies |
| Elisabeth Steen | Deputy Member | 1 company |
| Fawsi Ismael Adem | Deputy Member | 1 company |
| Marianne Gotaas | Chief Executive Officer | 1 company |
| Tore Ryssdalsnes | Board of Directors | 1 company |
| Elisabeth Molstad Mogård | Board of Directors | 1 company |
| Arnstein Aasestrand | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Sørmarka AS?
Sørmarka AS is registered with Brønnøysundsregistrene under Org 982797985.
What is the revenue of Sørmarka AS?
Sørmarka AS reported revenue of NOK 50.6m in 2025.
How many employees does Sørmarka AS have?
Sørmarka AS employs 69 people as of the latest annual report.
Who is the CEO of Sørmarka AS?
Marianne Gotaas is the CEO of Sørmarka AS, in role since 2020.
Who is the chairman of Sørmarka AS?
Kathrine Hilde Haugland Martinsen chairs the board of Sørmarka AS, in role since 2025.
Where is Sørmarka AS headquartered?
Sørmarka AS's registered address is Enebakkveien 625.