Silseth Sten AS

Org. no. 928293890 · Hustadvika · Founded 2021 · 16 employees

Score · fiscal year 2025

51of 100

How to read this: the company is ahead of 50 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 691 of 1,379 · What are Morning company classes?
Place in the whole sector: 1,909 of 3,929 · Industri

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 36 and solidity 70 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Silseth Sten AS is at the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 1,379 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 2.2% (median 4.2%) and equity ratio 56.1% (median 41.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 5 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue21 MNOK24 MNOK
Operating margin 2.2% 4.2% 37 %
Profit margin 1.7% 3.9% shown, not part of the index
Return on assets 4.9% 9.1% 36 %
Equity ratio 56.1% 41.0% 71 %
Debt-to-equity 0.78 1.32 69 %
Current ratio 2.24 1.71 69 %
Revenue growth −13.8% 5.6% 13 %
Revenue per employee1.33 MNOK1.59 MNOK

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

With an index of 51, Silseth Sten AS does better than 50% of companies in the Morning class Small in the same sector (1,379 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Silseth Sten AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Silseth Sten AS has a score of 51 for 2025, rank 1,909 of 3,929 in the sector.

Strongest: Solidity: percentile 70 against peers, equity ratio 56.1% against a median of 41.0%. Liquidity: percentile 69 against peers, current ratio 2.24 against a median of 1.71.

Weakest: Growth: percentile 13 against peers, revenue growth −13.8% against a median of 5.6%. Profitability: percentile 36 against peers, operating margin 2.2% against a median of 4.2%.

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

Silseth Sten AS had an operating margin of 2.2% and an equity ratio of 56.1% in 2025, and ranks 1,909 of 3,929 in Industri.

From 2024 to 2025: revenue fell by 14%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 3 MNOK and 6 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −2.3 MNOK
8.0 6 MNOK
P/B Equity: 5.7 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 · 2025

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.

Financial costs were 3.0% 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 · 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 0.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability36 weight 30%
Solidity70 weight 25%
Liquidity69 weight 15%
Growth13 weight 15%
Consistency69 weight 15%

Durability: 60 (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 Silseth Sten AS?

The operating margin was 2.2% in 2025, against a median of 4.2% among companies in the Morning class Small in the same sector. Return on assets was 4.9%.

How solid is Silseth Sten AS?

The equity ratio was 56.1% in 2025 (median 41.0%). Debt-to-equity was 0.78 (median 1.32).

What is the liquidity of Silseth Sten AS like?

The current ratio was 2.24 in 2025 (median 1.71).

How does Silseth Sten AS compare in Industri?

Silseth Sten AS ranks 1,909 of 3,929 in Industri for 2025. Among companies in the Morning class Small it is number 691 of 1,379. Revenue changed by −13.8% from the year before.

From the Central Coordinating Register

Org. no.
928293890
Legal form
AS
Sector
Industri (23.700)
Morning company class
Small
Employees
16 registered 10 October 2026
Founded
10 December 2021 4 years in operation
Share capital
0.20 MNOK
Business address
Steinhuggervegen 52, 6490 EIDE (HUSTADVIKA)
Municipality
Hustadvika rank 13–22 of 38 in KOSTRA group 7
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

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
3 (one owner holds more than half)
Largest owner
60.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Eide Stein AS (60%)
Ultimate owner: Eide Stein AS
  • Eide Stein AS · 60.0%
  • Langnes Invest AS · 20.0%
  • Silseth i AS · 20.0%

The company is new in the shareholder register in 2025.

Holds shares in: Norstein AS (4%), Norgranitt AS (10%)

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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 5 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index666351
Rank9819921,909
Operating margin9.1%0.4%2.2%
Return on assets24.2%16.9%4.9%
Equity ratio42.6%58.0%56.1%
Current ratio1.972.392.24
Revenue growth–0.8%−13.8%

Accounts

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

Key figure202320242025
Operating revenue24.4 MNOK24.6 MNOK21.3 MNOK
Operating profit2.2 MNOK0.1 MNOK0.5 MNOK
Profit before tax2.1 MNOK1.4 MNOK0.4 MNOK
Tax expense–––
Net profit1.6 MNOK1.4 MNOK0.3 MNOK
Financial expenses0.2 MNOK0.2 MNOK0.1 MNOK
Total assets9.4 MNOK9.3 MNOK10.2 MNOK
Current assets8.0 MNOK6.6 MNOK8.0 MNOK
Equity4.0 MNOK5.4 MNOK5.7 MNOK
Retained earnings3.8 MNOK5.2 MNOK5.5 MNOK
Total liabilities5.4 MNOK3.9 MNOK4.5 MNOK
Current liabilities4.1 MNOK2.8 MNOK3.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 6799694.