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M GRØNVOLD AS
AS
Active
Org 977172497
Jemtlandsvegen 13, 2383 Brumunddal
Construction of residential and non-residential buildings · NACE 4100
Est. 1997
23 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 58,8M
+14% vs 2024
EBITDA margin
6.5%
+41% vs 2024
Equity ratio
32.6%
Financial strength
Net profit 2025
NOK 2,1M
+46% vs 2024
EBITDA — year on year
NOK millions
9M
7M
4M
2M
0M
3M
2021
5M
+67%
2022
7M
+40%
2023
3M
-57%
2024
4M
+33%
2025
Key figures
Annual report 2025
Revenue
NOK 58,8M
+14%
EBITDA
NOK 3,8M
+41%
Net profit
NOK 2,1M
+46%
Total assets
NOK 21M
-5%
Equity
NOK 6,8M
+2%
Employees
23
—
Company information
Legal name
M GRØNVOLD AS
Org number
977172497
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
2. januar 1997
Share capital
NOK 2 640 000
Employees
23 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Stian grønvold andersen
Contact
Address
Jemtlandsvegen 13, 2383 Brumunddal
Phone
+4762340153
Email
moten@mgronvold.no
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Companies in Construction of residential and non-residential buildings
Companies in Ringsaker
All Norway companies
Revenue
NOK millions
0M
20M
40M
60M
79M
45M
2021
69M
2022
61M
2023
52M
2024
59M
2025
EBITDA
NOK millions
0M
2M
4M
6M
8M
3M
2021
5M
2022
7M
2023
3M
2024
4M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
45 327
68 949
60 622
51 833
58 831
Staff expenses
−12 174
−14 124
−13 561
−13 523
−13 619
EBITDA
2 893
5 238
7 235
2 723
3 827
Depreciation & amort.
−396
−410
−362
−615
−895
EBIT
2 497
4 828
6 873
2 108
2 932
Net financials
−33
−23
−92
−229
−201
Profit before tax
2 464
4 805
6 781
1 879
2 731
Tax
545
1 064
1 497
422
602
Net profit
1 919
3 741
5 284
1 457
2 128
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
17 424
22 660
22 337
22 203
21 032
Equity
6 036
3 977
6 761
6 718
6 847
Long-term debt
717
623
1 996
3 175
2 933
Short-term debt
10 671
18 061
13 579
12 310
11 252
Total debt
11 388
18 683
15 576
15 485
14 185
Financial ratios
5-year trend
EBITDA margin
6.5%
This company
15.8%
Market median
-59% vs market
2021
2025
Equity ratio
32.6%
This company
38.2%
Market median
+15% vs market
2021
2025
Return on equity
31.1%
This company
18.4%
Market median
+69% vs market
2021
2025
Net profit margin
3.6%
This company
8.1%
Market median
-56% vs market
2021
2025
Asset turnover
2.80×
This company
1.12×
Market median
+150% vs market
2021
2025
Debt / equity
2.07×
This company
0.62×
Market median
-234% vs market
2021
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
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
SG
Stian Grønvold
Chairman
2024
MG
Morten Grønvold
Deputy Chairman
2022
MG
Mikael Grønvold
Board of Directors
2024
Former (1)
WG
Wenche Grønvold
Board of Directors
2001 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
M. Grønvold Holding As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
M. Grønvold Holding As
M GRØNVOLD AS
(this company)
Board network connections
Board members of M GRØNVOLD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stian Grønvold
Chairman
0 companies
Morten Grønvold
Deputy Chairman
0 companies
Mikael Grønvold
Board of Directors
0 companies
Wenche Grønvold
Board of Directors
0 companies