SECTECH AS
Score · fiscal year 2024
34of 100
How to read this: the company is ahead of 24 % of small companies in the same sector in 2024. What does this mean?
Rank: 14,925 of 19,490 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 48 and solidity 23 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
SECTECH AS is 17 points below the median for small companies in the same sector in 2024.
Median score 51 among 18,569 companies.
Against small companies in the same sector in 2024: operating margin 3.9% (median 4.1%) and equity ratio 16.1% (median 33.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 21 MNOK | 5 MNOK |
| Operating margin | 3.9% | 4.1% |
| Profit margin | 2.7% | 3.6% |
| Return on assets | 8.1% | 9.3% |
| Equity ratio | 16.1% | 33.8% |
| Debt-to-equity | 5.22 | 1.56 |
| Current ratio | 1.20 | 1.45 |
| Revenue growth | −28.0% | 4.2% |
| Revenue per employee | 0.86 MNOK | 1.43 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 34, SECTECH AS does better than 24% of small companies in the same sector (18,578 companies) in 2024.
Score 2023–2025
- SECTECH AS
- Median: small companies in the same sector
What the numbers say
SECTECH AS had an operating margin of 3.9% and an equity ratio of 16.1% in 2024, and ranks 14,925 of 19,490 in Bygg og anlegg.
From 2023 to 2024: revenue fell by 28% and the operating margin rose from 1.3% to 3.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 5 MNOK |
| P/B | 1.0 | 2 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
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 3.1% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 48 | weight 30% |
|---|---|---|
| Solidity | 23 | weight 25% |
| Liquidity | 36 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 49 | weight 15% |
Durability: 30 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SECTECH AS?
The operating margin was 3.9% in 2024, against a median of 4.1% among small companies in the same sector. Return on assets was 8.1%.
How solid is SECTECH AS?
The equity ratio was 16.1% in 2024 (median 33.8%). Debt-to-equity was 5.22 (median 1.56).
What is the liquidity of SECTECH AS like?
The current ratio was 1.20 in 2024 (median 1.45).
How does SECTECH AS compare in Bygg og anlegg?
SECTECH AS ranks 14,925 of 19,490 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 14,188 of 18,578. Revenue changed by −28.0% from the year before.
Public contracts
- Contracts awarded since 2024
- 9
- in 6 notices (lots counted separately)
- Total awarded value since 2024
- value not stated
- Framework agreements
- 9
- Left out of the total: the value is a ceiling, not actual spend.
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 993872636
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Size tier
- small
- Employees
- 24 registered 10 July 2026
- Founded
- 16 March 2009 17 years in operation
- Share capital
- 2.21 MNOK
- Business address
- Blekebakkvegen 3, 3725 SKIEN
- Municipality
- Skien rank 9 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
- Hans Ludvig Grinilia
- Chair of the board
- Hans Ludvig Grinilia
- Auditor
- KAPPA REVISJON AS
- Accountant
- FINANS & REGNSKAP AS
Source: Central Coordinating Register, fetched 29 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 25 | 34 | 57 | |
| Rank | 15,276 | 14,925 | 7,370 | |
| Operating margin | 1.3% | 3.9% | 12.2% | |
| Return on assets | 3.8% | 8.1% | 30.2% | |
| Equity ratio | 12.2% | 16.1% | 21.6% | |
| Current ratio | 1.16 | 1.20 | 1.49 | |
| Revenue growth | – | −28.0% | 13.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 28.5 MNOK | 20.5 MNOK | 23.4 MNOK |
| Operating profit | 0.4 MNOK | 0.8 MNOK | 2.9 MNOK |
| Profit before tax | 0.1 MNOK | 0.6 MNOK | 2.9 MNOK |
| Net profit | 0.1 MNOK | 0.4 MNOK | 2.0 MNOK |
| Financial expenses | 0.3 MNOK | 0.3 MNOK | 0.2 MNOK |
| Total assets | 9.9 MNOK | 10.2 MNOK | 10.2 MNOK |
| Current assets | 8.0 MNOK | 8.3 MNOK | 9.4 MNOK |
| Equity | 1.2 MNOK | 1.6 MNOK | 2.2 MNOK |
| Retained earnings | −2.0 MNOK | −1.6 MNOK | −1.0 MNOK |
| Total liabilities | 8.7 MNOK | 8.6 MNOK | 8.0 MNOK |
| Current liabilities | 6.9 MNOK | 6.9 MNOK | 6.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5976301.
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