SETH MEDIA AS

Org. no. 827834572 · TØNSBERG · Founded 2021

Score · fiscal year 2024

27of 100

How to read this: the company is ahead of 9 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 15,979 of 19,694 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 23 and solidity 30 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

SETH MEDIA AS is 22 points below the median for medium-sized companies in the same sector in 2024.

Median score 49 among 898 companies.

Against medium-sized companies in the same sector in 2024: operating margin −1.6% (median 3.0%) and equity ratio 21.1% (median 31.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue169 MNOK167 MNOK
Operating margin −1.6% 3.0% 11 %
Profit margin −2.0% 2.9% shown, not part of the index
Return on assets 6.9% 11.3% 35 %
Equity ratio 21.1% 31.6% 31 %
Debt-to-equity 3.74 2.08 30 %
Current ratio 1.19 1.32 38 %
Revenue growth −11.4% 6.3% 10 %

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 27, SETH MEDIA AS does better than 9% of medium-sized companies in the same sector (898 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SETH MEDIA AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

SETH MEDIA AS had an operating margin of −1.6% and an equity ratio of 21.1% in 2024, and ranks 15,979 of 19,694 in Handel.

From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 9.5% to −1.6%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −2.7 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −2.7 MNOK 8.0 not meaningful
P/B Equity: 6.0 MNOK 1.0 6 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2024

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −2.0% (median 2.9%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −1.6% (median 3.0%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 0.7%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability23 weight 30%
Solidity30 weight 25%
Liquidity38 weight 15%
Growth10 weight 15%
Consistency35 weight 15%

Durability: 41 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is SETH MEDIA AS?

The operating margin was −1.6% in 2024, against a median of 3.0% among medium-sized companies in the same sector. Return on assets was 6.9%. The company made a loss before tax.

How solid is SETH MEDIA AS?

The equity ratio was 21.1% in 2024 (median 31.6%). Debt-to-equity was 3.74 (median 2.08).

What is the liquidity of SETH MEDIA AS like?

The current ratio was 1.19 in 2024 (median 1.32).

How does SETH MEDIA AS compare in Handel?

SETH MEDIA AS ranks 15,979 of 19,694 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 816 of 898. Revenue changed by −11.4% from the year before.

From the Central Coordinating Register

Org. no.
827834572
Legal form
AS
Sector
Handel (47.552)
Size tier
medium
Employees
0–4 (not registered)
Founded
30 August 2021 5 years in operation
Share capital
0.03 MNOK
Business address
Wirgenes vei 13, 3157 BARKÅKER (TØNSBERG)
Municipality
Tønsberg rank 5 of 10 in KOSTRA group 11
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Victor Seth Hansen
Chair of the board
Victor Seth Hansen
Auditor
TELL NORGE AS
Accountant
SYSTEM REGNSKAP AS

Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index562732
Rank7,73715,97914,797
Operating margin9.5%−1.6%5.1%
Return on assets15.8%6.9%17.4%
Equity ratio23.6%21.1%13.1%
Current ratio1.291.191.14
Revenue growth–−11.4%−33.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue190.3 MNOK168.6 MNOK112.6 MNOK
Operating profit18.0 MNOK−2.7 MNOK5.7 MNOK
Profit before tax13.9 MNOK−3.4 MNOK4.5 MNOK
Net profit10.9 MNOK−2.7 MNOK3.5 MNOK
Financial expenses−7.2 MNOK5.3 MNOK4.1 MNOK
Total assets42.9 MNOK28.3 MNOK49.0 MNOK
Current assets42.3 MNOK26.5 MNOK48.6 MNOK
Equity10.1 MNOK6.0 MNOK6.4 MNOK
Retained earnings10.1 MNOK5.9 MNOK6.4 MNOK
Total liabilities32.7 MNOK22.3 MNOK42.6 MNOK
Current liabilities32.7 MNOK22.3 MNOK42.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5678769.

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