Sit Geovarme AS

Org. no. 914601630 · Trondheim · Founded 2014

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 49 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 226 of 438 · What are Morning company classes?
Place in the whole sector: 447 of 866 · Kraft og energi

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 70 and solidity 6 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Sit Geovarme AS is 1 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 438 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 54.8% (median 17.2%) and equity ratio 2.0% (median 38.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue5 MNOK3 MNOK
Operating margin 54.8% 17.2% 88 %
Profit margin 0.9% 2.3% shown, not part of the index
Return on assets 4.3% 3.8% 53 %
Equity ratio 2.0% 38.0% 11 %
Debt-to-equity 49.17 1.41 2 %
Current ratio 1.62 1.98 40 %
Revenue growth 50.7% 1.9% 87 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 49, Sit Geovarme AS does better than 49% of companies in the Morning class Micro in the same sector (438 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • Sit Geovarme AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Sit Geovarme AS has a score of 49 for 2025, rank 447 of 866 in the sector.

Strongest: Growth: percentile 87 against peers, revenue growth 50.7% against a median of 1.9%. Profitability: percentile 70 against peers, operating margin 54.8% against a median of 17.2%.

Weakest: Solidity: percentile 6 against peers, equity ratio 2.0% against a median of 38.0%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Sit Geovarme AS had an operating margin of 54.8% and an equity ratio of 2.0% in 2025, and ranks 447 of 866 in Kraft og energi.

From 2024 to 2025: went from a loss to a profit before tax and revenue grew by 51%.

Sit Geovarme AS did better than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 2.6 MNOK
minus net debt 57.8 MNOK
8.0 debt above value
P/B Equity: 1.2 MNOK 1.0 1 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 · 2025

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 2.0% (median 38.0%).

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

Financial costs were 4.3% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was 54.8% in 2025 (sector median 16.0%), and the equity ratio 2.0%. In the other years the operating margin averaged 48.2%.

The sector's weakest year was 2025, with a median operating margin of 16.0%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability70 weight 30%
Solidity6 weight 25%
Liquidity40 weight 15%
Growth87 weight 15%
Consistency51 weight 15%

Durability: 45 (average over 3 years)

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

2025

Questions and answers

How profitable is Sit Geovarme AS?

The operating margin was 54.8% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was 4.3%.

How solid is Sit Geovarme AS?

The equity ratio was 2.0% in 2025 (median 38.0%). Debt-to-equity was 49.17 (median 1.41).

What is the liquidity of Sit Geovarme AS like?

The current ratio was 1.62 in 2025 (median 1.98).

How does Sit Geovarme AS compare in Kraft og energi?

Sit Geovarme AS ranks 447 of 866 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 226 of 438. Revenue changed by 50.7% from the year before.

From the Central Coordinating Register

Org. no.
914601630
Legal form
AS
Sector
Kraft og energi (35.300)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
1 December 2014 11 years in operation
Share capital
0.50 MNOK
Business address
Kolbjørn Hejes vei 4, 7034 TRONDHEIM
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.sit.no

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

Loading roles …

Source: Central Coordinating Register, fetched 2 November 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 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index384749
Rank604494447
Operating margin51.7%44.7%54.8%
Return on assets5.6%3.1%4.3%
Equity ratio5.6%2.6%2.0%
Current ratio1.343.741.62
Revenue growth–7.3%50.7%

Accounts

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

Key figure202320242025
Operating revenue3.0 MNOK3.2 MNOK4.8 MNOK
Operating profit1.5 MNOK1.4 MNOK2.6 MNOK
Profit before tax0.4 MNOK−0.6 MNOK0.0 MNOK
Net profit0.4 MNOK−0.6 MNOK0.0 MNOK
Financial expenses1.4 MNOK2.0 MNOK2.6 MNOK
Total assets31.9 MNOK46.4 MNOK62.0 MNOK
Current assets4.6 MNOK3.4 MNOK4.8 MNOK
Equity1.8 MNOK1.2 MNOK1.2 MNOK
Retained earnings1.2 MNOK0.6 MNOK0.6 MNOK
Total liabilities30.1 MNOK45.2 MNOK60.8 MNOK
Current liabilities3.5 MNOK0.9 MNOK3.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6942778.