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Grøndalselva Kraft AS
AS
Active
Org 921862679
Litlajuv 4, 5763
Skare
Production of electricity from renewable sources
·
NACE 3512
Est. 2018 · 7 years old
3 employees
Monitor
Share
Norway
/
Companies
/
Production of electricity from renewable sources
/
Grøndalselva Kraft AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
27M
21M
14M
7M
0M
2021: 0M
0M
2021
2022: 22M
22M
2022
2023: 7M (-68% vs 2022)
7M
-68%
2023
2024: 5M (-29% vs 2023)
5M
-29%
2024
2025: 8M (+60% vs 2024)
8M
+60%
2025
EBITDA
NOK millions
25M
19M
12M
6M
0M
2021: 0M
0M
2021
2022: 20M
20M
2022
2023: 5M (-75% vs 2022)
5M
-75%
2023
2024: 3M (-40% vs 2023)
3M
-40%
2024
2025: 6M (+100% vs 2024)
6M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
8 037
5 320
6 968
21 584
71
Staff expenses
−189
−158
−313
−283
−0
EBITDA
5 542
3 055
4 999
19 958
16
Depreciation & amort.
−956
−950
−933
−632
−0
EBIT
4 586
2 105
4 066
19 326
16
Net financials
−513
−700
−794
−1 104
−59
Profit before tax
4 073
1 404
3 272
18 222
−43
Tax
896
309
755
4 009
−9
Net profit
3 177
1 095
2 518
14 213
−34
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
40 952
39 868
41 084
45 293
42 422
Equity
31 911
28 734
27 639
25 121
10 908
Long-term debt
7 141
10 160
11 674
14 182
0
Short-term debt
1 900
974
1 771
5 990
3 314
Total debt
9 041
11 134
13 445
20 172
31 514
Financial ratios
5-year trend
EBITDA margin
69,0 %
This company
15,8 %
Market median
This company
Market median
337% above market
2021
2025
Equity ratio
77,9 %
This company
38,2 %
Market median
This company
Market median
104% above market
2021
2025
Return on equity
10,0 %
This company
18,4 %
Market median
This company
Market median
46% below market
2021
2025
Net profit margin
39,5 %
This company
8,1 %
Market median
This company
Market median
388% above market
2021
2025
Asset turnover
0,20×
This company
1,12×
Market median
This company
Market median
82% below market
2021
2025
Debt / equity
0,28×
This company
0,62×
Market median
This company
Market median
55% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Grøndalselva Kraft AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network