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AS GLASS-RØNNING
AS
Active
Org 945335467
Smidsrødveien 45, 3120 Nøtterøy
Painting and glazing · NACE 4334
Est. 1987
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 12,6M
+3% vs 2023
EBITDA margin
8.8%
+75% vs 2023
Equity ratio
71.4%
Financial strength
Net profit 2024
NOK 992K
+86% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
1M
+100%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 12,6M
+3%
EBITDA
NOK 1,1M
+75%
Net profit
NOK 992K
+86%
Total assets
NOK 7,6M
+22%
Equity
NOK 5,4M
+22%
Employees
5
—
Company information
Legal name
AS GLASS-RØNNING
Org number
945335467
Legal form
Aksjeselskap
NACE code
4334 · Painting and glazing
Founded
1. september 1987
Share capital
NOK 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Smidsrødveien 45, 3120 Nøtterøy
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Companies in Painting and glazing
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All Norway companies
Revenue
NOK millions
0M
5M
11M
16M
22M
16M
2020
19M
2021
15M
2022
12M
2023
13M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
16 063
18 631
15 362
12 262
12 611
Staff expenses
−3 053
−3 051
−2 437
−1 848
−1 824
EBITDA
196
388
1 256
632
1 105
Depreciation & amort.
−116
−40
−51
−55
−23
EBIT
80
348
1 204
577
1 082
Net financials
19
13
35
110
195
Profit before tax
99
360
1 239
687
1 277
Tax
23
80
276
154
285
Net profit
76
280
964
533
992
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 774
5 921
5 747
6 214
7 553
Equity
3 204
2 961
3 896
4 406
5 390
Long-term debt
12
12
0
0
0
Short-term debt
1 559
2 949
1 852
1 808
2 164
Total debt
1 571
2 961
1 852
1 808
2 164
Financial ratios
5-year trend
EBITDA margin
8.8%
This company
15.8%
Market median
-44% vs market
2020
2024
Equity ratio
71.4%
This company
38.2%
Market median
+87% vs market
2020
2024
Return on equity
18.4%
This company
18.4%
Market median
+0% vs market
2020
2024
Net profit margin
7.9%
This company
8.1%
Market median
-2% vs market
2020
2024
Asset turnover
1.67×
This company
1.12×
Market median
+49% vs market
2020
2024
Debt / equity
0.40×
This company
0.62×
Market median
+35% 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)
JM
Jorunn Marie Enoksen Rønning
Deputy Member
Deputy Member
1990
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TR
Tommy Rønning
Chairman
1990
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Glass-Rønning Invest As
Company
100%
100%
2024
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Company hierarchy
Glass-Rønning Invest As
AS GLASS-RØNNING
(this company)
Board network connections
Board members of AS GLASS-RØNNING also hold positions in
0
other companies.
Person
Role here
Other companies
Jorunn Marie Enoksen Rønning
Deputy Member
0 companies
Tommy Rønning
Chairman
0 companies