SITEP AS
Keywords
engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting
Organization
- CEO
- FØ
Frank Øvstetun1968
- Chairman of the board
- AI
Are Indrelid1960
- Years since formation
- 7 years
- since Jan 23, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 800
- 1 share class
- Total number of shareholders
- 9
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 6,576,516
- NOK
- Annual total result 2024
- -415,957
- NOK
- Total equity 2024
- 452,598
- NOK
Last update: Jun 28, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FØ 1968 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AI 1960 | Chairman | - |
KK 1963 | Board Member | - |
JM | Board Member | 1.72 % indirectly |
ES | Board Member | 6.25 % indirectly |
EL 1961 | Board Member | - |
GH 1971 | Board Member | - |
| Board Member | - | |
TM | Board Member | - |
SO | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ES | Board Member | 6.25 % indirectly |
KP 1949 | - | 2.76 % indirectly |
MS | - | 1.72 % indirectly |
JM | Board Member | 1.72 % indirectly |
LH | - | 1.7 % indirectly |
Last update: Mar 10, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 190 | 23.75 % | |
| Ordinary shares | 100 | 12.5 % | |
| Ordinary shares | 100 | 12.5 % | |
| Ordinary shares | 100 | 12.5 % | |
| Ordinary shares | 100 | 12.5 % | |
| Ordinary shares | 60 | 7.5 % | |
| Ordinary shares | 50 | 6.25 % | |
| Ordinary shares | 50 | 6.25 % | |
| Ordinary shares | 50 | 6.25 % |
Shares owned by the SITEP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 380 | 52.05 % | |
| Ordinary shares | 8,000 | 25 % | |
| Ordinary shares | 50 | 15.58 % | |
| Ordinary shares | 100 | 12.5 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 6,576,516Operating profit 2024: NOK 175,790Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 6,576,516 | 6,153,867 | 7,680,384 | 6,756,391 |
Annual Total Result | -415,957 | 72,197 | -341,030 | 333,774 |
Total assets | 5,428,253 | 6,097,503 | 6,876,122 | 6,796,634 |
Total liabilities | 4,975,655 | 5,228,949 | 6,079,665 | 5,659,147 |
Total equity | 452,598 | 868,554 | 796,457 | 1,137,487 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 6,576,516 | 6,153,867 | 7,680,384 | 6,756,391 |
Total operating costs | 6,400,725 | 5,814,152 | 7,801,208 | 6,282,367 |
Operating result | 175,790 | 339,715 | -120,824 | 474,023 |
Financial income/costs | -591,747 | -267,518 | -220,205 | -140,249 |
Profit before tax | -415,957 | 72,197 | -341,030 | 333,774 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -415,957 | 72,197 | -341,030 | 333,774 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,254,888 | 2,907,262 | 2,654,753 | 3,142,144 |
Total current assets | 3,173,365 | 3,190,241 | 4,221,370 | 3,654,490 |
Total assets | 5,428,253 | 6,097,503 | 6,876,122 | 6,796,634 |
Short term debt | 2,287,672 | 2,278,779 | 2,854,292 | 2,045,288 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 4,975,655 | 5,228,949 | 6,079,665 | 5,659,147 |
Contributed capital | 700,000 | 700,000 | 800,000 | 800,000 |
Retained earnings | -247,402 | 168,554 | -3,543 | 337,487 |
Total equity | 452,598 | 868,554 | 796,457 | 1,137,487 |
Total equity and liabilities | 5,428,253 | 6,097,503 | 6,876,122 | 6,796,634 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy