SIAI HOLDING AS

Org. no. 919718110 · SOLA · Founded 2017

Score · fiscal year 2024

70of 100

How to read this: the company is ahead of 88 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 62 of 586 · Olje og gass

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 34 and solidity 91 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

SIAI HOLDING AS is 22 points above the median for medium-sized companies in the same sector in 2024.

Median score 48 among 144 companies.

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 margin – 7.0% not compared
Profit margin – 9.2% shown, not part of the index
Return on assets 3.7% 9.9% 34 %
Equity ratio 96.3% 40.2% 92 %
Debt-to-equity 0.04 1.32 91 %
Current ratio 35.04 1.31 97 %
Revenue growth – 15.1% not compared

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 70, SIAI HOLDING AS does better than 88% of medium-sized companies in the same sector (144 companies) in 2024.

Over time

Score 2023–2025

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

What the numbers say

SIAI HOLDING AS had an operating margin of – and an equity ratio of 96.3% in 2024, and ranks 62 of 586 in Olje og gass.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 150 MNOK and 391 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 15.0 MNOK 10.0 150 MNOK
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 390.8 MNOK 1.0 391 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

No rules were triggered for this year.

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

Data quality

  • watch Revenue not reported
  • watch No revenue but large assets
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability34 weight 30%
Solidity91 weight 25%
Liquidity97 weight 15%
Growth– no data, left out
Consistency77 weight 15%

Durability: 70 (average over 2 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is SIAI HOLDING AS?

The operating margin was – in 2024, against a median of 7.0% among medium-sized companies in the same sector. Return on assets was 3.7%.

How solid is SIAI HOLDING AS?

The equity ratio was 96.3% in 2024 (median 40.2%). Debt-to-equity was 0.04 (median 1.32).

What is the liquidity of SIAI HOLDING AS like?

The current ratio was 35.04 in 2024 (median 1.31).

How does SIAI HOLDING AS compare in Olje og gass?

SIAI HOLDING AS ranks 62 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 18 of 144.

Group accounts · 2023

92 of 100

Rank 14 of 829 groups with group accounts. Groups are ranked only against each other, not against single companies.

Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin16.1% –
Return on assets17.6% –
Equity ratio91.7% –
Current ratio9.30 –
Revenue growth– –

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2023 (open data, NLOD 2.0).

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
919718110
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
medium
Employees
0–4 (not registered)
Founded
25 September 2017 9 years in operation
Share capital
2.81 MNOK
Business address
Bygg 104, Norsea Base, 4056 TANANGER (SOLA)
Municipality
Sola rank 2 of 27 in KOSTRA group 9
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
Arne Incoronato
Chair of the board
Arne Incoronato
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
LINFRO 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index717072
Rank656250
Operating margin–––
Return on assets7.1%3.7%8.1%
Equity ratio91.3%96.3%91.8%
Current ratio3.6335.0479.95
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK−0.1 MNOK
Profit before tax30.0 MNOK15.0 MNOK34.4 MNOK
Net profit30.0 MNOK15.0 MNOK34.4 MNOK
Financial expenses–––
Total assets421.0 MNOK406.0 MNOK425.5 MNOK
Current assets30.0 MNOK15.0 MNOK34.5 MNOK
Equity384.4 MNOK390.8 MNOK390.6 MNOK
Retained earnings365.9 MNOK372.4 MNOK372.1 MNOK
Total liabilities36.6 MNOK15.2 MNOK34.9 MNOK
Current liabilities8.3 MNOK0.4 MNOK0.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6233769.