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GROVABROTET AS
AS
Active
Org 945201479
Grovabrotet 8, 5600 Norheimsund
Rental and operating of own or leased real estate · NACE 6820
Est. 1987
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,3M
+1% vs 2023
EBITDA margin
57.0%
-1% vs 2023
Equity ratio
11.9%
Financial strength
Net profit 2024
NOK 192K
-22% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
0M
0%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,3M
+1%
EBITDA
NOK 724K
-1%
Net profit
NOK 192K
-22%
Total assets
NOK 6,6M
+37%
Equity
NOK 783K
-5%
Employees
0
—
Company information
Legal name
GROVABROTET AS
Org number
945201479
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
1. november 1987
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Mads kristian hjorteseth
Company purpose
Kjøp og drift av faste eiendomar og alt som har samanheng med det.
Contact
Address
Grovabrotet 8, 5600 Norheimsund
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Kvam
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
931
919
1 087
1 256
1 271
Staff expenses
−0
−0
−0
−0
−0
EBITDA
590
443
478
728
724
Depreciation & amort.
−126
−126
−128
−132
−131
EBIT
464
316
351
596
593
Net financials
−143
−124
−175
−281
−346
Profit before tax
321
192
175
315
247
Tax
71
42
39
69
54
Net profit
250
150
137
246
192
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 971
3 867
4 813
4 790
6 583
Equity
506
655
792
820
783
Long-term debt
3 385
3 121
3 865
3 604
5 402
Short-term debt
81
90
155
365
398
Total debt
3 466
3 211
4 021
3 969
5 800
Financial ratios
5-year trend
EBITDA margin
57.0%
This company
15.8%
Market median
+261% vs market
2020
2024
Equity ratio
11.9%
This company
38.2%
Market median
-69% vs market
2020
2024
Return on equity
24.6%
This company
18.4%
Market median
+34% vs market
2020
2024
Net profit margin
15.1%
This company
8.1%
Market median
+86% vs market
2020
2024
Asset turnover
0.19×
This company
1.12×
Market median
-83% vs market
2020
2024
Debt / equity
7.41×
This company
0.62×
Market median
-1095% 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 (1)
LB
Laila Breivik
Deputy Member
Deputy Member
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MK
Mads Kristian Hjorteseth
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
M Hjorteseth Holding As
Company
100%
100%
2023
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Company hierarchy
M Hjorteseth Holding As
GROVABROTET AS
(this company)
Board network connections
Board members of GROVABROTET AS also hold positions in
0
other companies.
Person
Role here
Other companies
Laila Breivik
Deputy Member
0 companies
Mads Kristian Hjorteseth
Chairman
0 companies