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GRUNNSTEINEN FORVALTNING AS
AS
Active
Org 931697811
Billingstadsletta 13, 1396 Billingstad
Development of building projects · NACE 6812
Est. 2023
5 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 3,3M
+32% vs 2024
EBITDA margin
-124.1%
-64% vs 2024
Equity ratio
-0.2%
Financial strength
Net profit 2025
NOK -4,2M
-46% vs 2024
EBITDA — year on year
NOK millions
0M
-1M
-3M
-4M
-5M
-1M
2023
-3M
-200%
2024
-4M
-33%
2025
Key figures
Annual report 2025
Revenue
NOK 3,3M
+32%
EBITDA
NOK -4,1M
-64%
Net profit
NOK -4,2M
-46%
Total assets
NOK 2,3M
-33%
Equity
NOK -5K
+65%
Employees
5
—
Company information
Legal name
GRUNNSTEINEN FORVALTNING AS
Org number
931697811
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
7. juli 2023
Share capital
NOK 2 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Å eie, utvikle, forvalte og selge fast eiendom.
Contact
Address
Billingstadsletta 13, 1396 Billingstad
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Companies in Development of building projects
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Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2023
2M
2024
3M
2025
EBITDA
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2023
-3M
2024
-4M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
270
2 498
3 297
Staff expenses
−1 122
−3 312
−4 171
EBITDA
−1 466
−2 501
−4 091
Depreciation & amort.
−0
−0
−0
EBIT
−1 466
−2 501
−4 091
Net financials
1
−42
−100
Profit before tax
−1 464
−2 543
−4 191
Tax
−323
323
−0
Net profit
−1 141
−2 867
−4 191
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
1 358
3 421
2 308
Equity
−147
−13
−5
Long-term debt
1 000
0
0
Short-term debt
505
3 434
2 313
Total debt
1 505
3 434
2 313
Financial ratios
5-year trend
EBITDA margin
-124.1%
This company
15.8%
Market median
-885% vs market
2023
2025
Equity ratio
-0.2%
This company
38.2%
Market median
-101% vs market
2023
2025
Return on equity
-419124700.0%
This company
18.4%
Market median
-2277851730% vs market
2023
2025
Net profit margin
-127.1%
This company
8.1%
Market median
-1669% vs market
2023
2025
Asset turnover
1.43×
This company
1.12×
Market median
+28% vs market
2023
2025
Debt / equity
491.21×
This company
0.62×
Market median
-79127% vs market
2023
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
ES
Esben Sondre Svalastog
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
FC
Frank Christian Stene
Chairman
2023
AG
Anders Garnaas Asheim
Board of Directors
2023
PM
Per Morten Kiil
Board of Directors
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Grunnsteinen As
Company
100%
100%
2023
Grunnsteinen As
Company
100%
100%
2024
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Company hierarchy
Grunnsteinen As
GRUNNSTEINEN FORVALTNING AS
(this company)
Board network connections
Board members of GRUNNSTEINEN FORVALTNING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Esben Sondre Svalastog
Chief Executive Officer
0 companies
Frank Christian Stene
Chairman
0 companies
Anders Garnaas Asheim
Board of Directors
0 companies
Per Morten Kiil
Board of Directors
0 companies