Norse Construction LLC
How we got $85K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 62% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 200% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 1 | $235K |
| 2021 | Form 5500 | 3 | $704K |
| 2022 | Form 5500 | 3 | $704K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NORSE CONSTRUCTION LLC this business | $513K | — |
| BASEYS CONSTRUCTION INC. Oklahoma City · 9 employees | $4.5M | 1.5 mi |
| RENOVATION CENTERS LLC Oklahoma City · 4 employees | $1.8M | 1.9 mi |
| LIFE LIFT SYSTEMS INC. Oklahoma City · 5 employees | $2.1M | 2.0 mi |
| FLORES CONSTRUCTION INC Oklahoma City · 14 employees | $15.4M | 2.2 mi |
| JAMARSON LLC Oklahoma City · 7 employees | $7.5M | 2.3 mi |
| CALDERA PROFESSIONAL CONTRACTORS Oklahoma City · 2 employees | $456K | 2.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $340K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $595K |
| Estimate: the two combined (geometric mean) | $513K |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $45K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $85K |
| Multiple for this size and industry | 1.9× |
| Value range | $45K – $117K |
| Revenue range | $338K – $585K |
| EBITDA range | $30K – $51K |
| Industry (NAICS) | Residential Remodelers (236118) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $14K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Norse Construction LLC
Norse Construction LLC is a home builders company in Oklahoma City, Oklahoma, in business since 2006. Its estimated annual revenue is about $513K, with roughly $45K of EBITDA. It has about 3 employees. Its estimated business value is $85K (likely range $45K–$117K).
Common questions
- Who owns Norse Construction LLC?
- The owner of Norse Construction LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Norse Construction LLC make?
- SeeBITDA estimates Norse Construction LLC's annual revenue at about $513K (likely between $338K and $585K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Norse Construction LLC worth?
- About $85K, roughly 1.9× its estimated EBITDA of $45K, typical for a home builders company its size. Likely range: $45K–$117K.
- How many employees does Norse Construction LLC have?
- About 3, from its 2022 retirement-plan filing.
- When was Norse Construction LLC founded?
- Norse Construction LLC has been in business since 2006.