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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 · 29 years old
22 employees
Monitor
Share
Norway
/
Companies
/
Construction of residential and non-residential buildings
/
M Grønvold AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
86M
64M
43M
21M
0M
2021: 45M
45M
2021
2022: 69M (+53% vs 2021)
69M
+53%
2022
2023: 61M (-12% vs 2022)
61M
-12%
2023
2024: 52M (-15% vs 2023)
52M
-15%
2024
2025: 59M (+13% vs 2024)
59M
+13%
2025
EBITDA
NOK millions
9M
7M
4M
2M
0M
2021: 3M
3M
2021
2022: 5M (+67% vs 2021)
5M
+67%
2022
2023: 7M (+40% vs 2022)
7M
+40%
2023
2024: 3M (-57% vs 2023)
3M
-57%
2024
2025: 4M (+33% vs 2024)
4M
+33%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
58 831
51 833
60 622
68 949
45 327
Staff expenses
−13 619
−13 523
−13 561
−14 124
−12 174
EBITDA
3 827
2 723
7 235
5 238
2 893
Depreciation & amort.
−895
−615
−362
−410
−396
EBIT
2 932
2 108
6 873
4 828
2 497
Net financials
−201
−229
−92
−23
−33
Profit before tax
2 731
1 879
6 781
4 805
2 464
Tax
602
422
1 497
1 064
545
Net profit
2 128
1 457
5 284
3 741
1 919
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
21 032
22 203
22 337
22 660
17 424
Equity
6 847
6 718
6 761
3 977
6 036
Long-term debt
2 933
3 175
1 996
623
717
Short-term debt
11 252
12 310
13 579
18 061
10 671
Total debt
14 185
15 485
15 576
18 683
11 388
Financial ratios
5-year trend
EBITDA margin
6,5 %
This company
15,8 %
Market median
This company
Market median
59% below market
2021
2025
Equity ratio
32,6 %
This company
38,2 %
Market median
This company
Market median
15% below market
2021
2025
Return on equity
31,1 %
This company
18,4 %
Market median
This company
Market median
69% above market
2021
2025
Net profit margin
3,6 %
This company
8,1 %
Market median
This company
Market median
56% below market
2021
2025
Asset turnover
2,80×
This company
1,12×
Market median
This company
Market median
150% above market
2021
2025
Debt / equity
2,07×
This company
0,62×
Market median
This company
Market median
234% above 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
More on M Grønvold AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
