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SVEIN GRØNNESTAD AS
AS
Active
Org 927064952
Vågsmyrgata 35, 4020 Stavanger
Machining of metals · NACE 2553
Est. 1972
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 146K
+16% vs 2023
EBITDA margin
-214.2%
+30% vs 2023
Equity ratio
89.9%
Financial strength
Net profit 2024
NOK 288K
+1280% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
0M
0%
2021
2M
+200%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 146K
+16%
EBITDA
NOK -312K
+30%
Net profit
NOK 288K
+1280%
Total assets
NOK 5,1M
+12%
Equity
NOK 4,6M
+7%
Employees
1
—
Company information
Legal name
SVEIN GRØNNESTAD AS
Org number
927064952
Legal form
Aksjeselskap
NACE code
2553 · Machining of metals
Founded
17. januar 1972
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Vågsmyrgata 35, 4020 Stavanger
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Companies in Machining of metals
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Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
3M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
0M
2021
2M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
353
412
2 628
125
146
Staff expenses
−313
−140
−377
−461
−334
EBITDA
−106
47
1 944
−449
−312
Depreciation & amort.
−5
−5
−5
−5
−5
EBIT
−111
42
1 939
−454
−317
Net financials
48
113
−63
319
568
Profit before tax
−63
155
1 876
−134
251
Tax
−0
−0
276
−110
−37
Net profit
−63
155
1 600
−24
288
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 635
4 610
4 821
4 542
5 081
Equity
2 551
2 706
4 306
4 282
4 570
Long-term debt
0
0
276
166
129
Short-term debt
2 084
1 904
239
94
383
Total debt
2 084
1 904
515
260
511
Financial ratios
5-year trend
EBITDA margin
-214.2%
This company
15.8%
Market median
-1456% vs market
2020
2024
Equity ratio
89.9%
This company
38.2%
Market median
+135% vs market
2020
2024
Return on equity
6.3%
This company
18.4%
Market median
-66% vs market
2020
2024
Net profit margin
198.0%
This company
8.1%
Market median
+2344% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
0.11×
This company
0.62×
Market median
+82% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
RG
Reidun Grønnestad
Deputy Member
Deputy Member
1997
VG
Vidar Grønnestad
Chief Executive Officer
Chief Executive Officer
1997
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
FG
Frode Grønnestad
Chairman
1997
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of SVEIN GRØNNESTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Reidun Grønnestad
Deputy Member
0 companies
Vidar Grønnestad
Chief Executive Officer
0 companies
Frode Grønnestad
Chairman
0 companies