Riskpilot← Back to searchSign inGet full accessGRIUG AS
ASActiveOrg 953681781Spikarmoen 16, 2900 FagernesDistribution of electricity · NACE 3514Est. 198930 employeeswww.griug.no
Revenue 2024
NOK 110,5M
+1% vs 2023
EBITDA margin
23.1%
-32% vs 2023
Equity ratio
34.6%
Financial strength
Net profit 2024
NOK 3,6M
-72% vs 2023
| Revenue | NOK 110,5M | +1% |
| EBITDA | NOK 25,5M | -32% |
| Net profit | NOK 3,6M | -72% |
| Total assets | NOK 393,9M | +6% |
| Equity | NOK 136,4M | -1% |
| Employees | 30 | — |
Legal name
GRIUG AS
Org number
953681781
Legal form
Aksjeselskap
NACE code
3514 · Distribution of electricity
Founded
5. september 1989
Share capital
NOK 15 405 531
Employees
30 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Bygge ut, drive og vedlikeholde nett på et forretningsmessig og samfunnsmessig grunnlag. På forretningsmessig grunnlag og med forankring i generalforsamling utvikle seg innen andre relevante fagområder. Sikre optimal avkastning, og lavest mulig kostnader over tid, til beste for kundene, ansatte og sine eiere.
Address
Spikarmoen 16, 2900 Fagernes
Website
www.griug.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 150 871 | 140 302 | 186 154 | 156 659 | 127 768 | 169 571 | 134 728 | 131 786 | 154 792 | 92 069 | 92 956 | 102 326 | 101 698 | 93 348 | 106 683 | 108 974 | 110 545 |
| Staff expenses | −32 729 | −31 623 | −28 461 | −32 242 | −33 573 | −34 005 | −28 497 | −40 193 | −36 552 | −34 995 | −30 424 | −25 949 | −22 514 | −24 759 | −23 197 | −24 852 | −25 151 |
| EBITDA | 33 637 | 30 232 | 40 724 | 28 623 | 21 429 | 48 032 | 38 945 | 27 900 | 38 265 | 22 845 | 24 749 | 29 368 | 33 337 | 14 223 | 40 194 | 37 572 | 25 550 |
| Depreciation & amort. | −14 740 | −15 517 | −15 808 | −16 075 | −15 761 | −15 476 | −15 552 | −14 576 | −15 813 | −15 235 | −15 554 | −13 044 | −13 650 | −13 780 | −13 486 | −13 978 | −11 265 |
| EBIT | 18 897 | 14 715 | 24 915 | 12 549 | 5 668 | 32 556 | 23 393 | 13 324 | 22 452 | 7 610 | 9 195 | 16 324 | 19 686 | 444 | 26 708 | 23 594 | 14 285 |
| Net financials | −7 103 | −8 229 | −11 075 | −6 567 | −5 607 | −4 775 | −3 125 | −8 622 | −10 632 | −1 401 | 135 | −4 566 | −4 364 | −4 428 | −2 726 | −7 057 | −9 588 |
| Profit before tax | 11 794 | 6 486 | 13 840 | 5 982 | 60 | 27 780 | 20 268 | 4 702 | 11 820 | 6 209 | 9 330 | 11 757 | 15 323 | −3 984 | 23 982 | 16 537 | 4 697 |
| Tax | 3 583 | 1 790 | 4 807 | 1 656 | −6 | 7 486 | 5 023 | 2 052 | 4 060 | 281 | 595 | 2 579 | 3 358 | −828 | 5 340 | 3 704 | 1 109 |
| Net profit | 8 211 | 4 696 | 9 033 | 4 326 | 66 | 20 294 | 15 246 | 2 650 | 7 760 | 5 928 | 8 735 | 9 179 | 11 965 | −3 156 | 18 642 | 12 833 | 3 587 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 308 067 | 298 371 | 324 252 | 296 023 | 301 396 | 322 019 | 331 456 | 342 174 | 357 487 | 354 879 | 367 351 | 316 706 | 314 443 | 350 227 | 356 262 | 370 520 | 393 880 |
| Equity | 109 093 | 109 230 | 113 837 | 118 163 | 115 079 | 128 839 | 140 912 | 140 346 | 143 606 | 144 742 | 149 811 | 124 425 | 131 890 | 124 911 | 128 585 | 137 176 | 136 430 |
| Long-term debt | −10 004 | −13 062 | −8 482 | −8 990 | 149 092 | 152 845 | 152 865 | 149 980 | 153 435 | 153 717 | 154 312 | 128 734 | 130 737 | 129 909 | 132 297 | 136 001 | 137 110 |
| Short-term debt | 68 170 | 54 879 | 77 069 | 43 065 | 29 173 | 31 693 | 34 331 | 47 790 | 53 155 | 48 747 | 58 613 | 61 339 | 49 812 | 93 866 | 94 134 | 96 091 | 119 203 |
| Total debt | 188 969 | 176 080 | 201 932 | 168 870 | 178 265 | 184 538 | 187 196 | 197 770 | 206 590 | 202 464 | 212 925 | 190 073 | 180 549 | 223 775 | 226 431 | 232 092 | 256 313 |
EBITDA margin
23.1%
This company
15.8%
Market median
+46% vs market
20082024
Equity ratio
34.6%
This company
38.2%
Market median
+9% vs market
20082024
Return on equity
2.6%
This company
18.4%
Market median
-86% vs market
20082024
Net profit margin
3.2%
This company
8.1%
Market median
-60% vs market
20082024
Asset turnover
0.28×
This company
1.12×
Market median
-75% vs market
20082024
Debt / equity
1.89×
This company
0.62×
Market median
-205% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BB Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
LN Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
ER Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
ØR Deputy Member | Deputy Member | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Valdres Energi As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Nord-Aurdal Kommune
GRIUG AS Board members of GRIUG AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bjørg Brestad | Chief Executive Officer | 0 companies |
| Lasse Nystuen | Chief Executive Officer | 0 companies |
| Edvin Rye | Chief Executive Officer | 0 companies |
| Øystein Røn | Deputy Member | 0 companies |
| Inger Torun Klosbøle | Board of Directors | 0 companies |
| Anni Onsager | Board of Directors | 0 companies |
| Oddvar Presthegge | Board of Directors | 0 companies |
| Olav Tronrud | Board of Directors | 0 companies |
| Øystein Buene | Board of Directors | 0 companies |