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OLAV GREVSTAD ÅSANE AS
AS
Active
Org 988401536
Heiane 2B, 5131 Nyborg
Retail sale of hardware, building materials, paints and glass · NACE 4752
Est. 2005
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,6M
-2% vs 2023
EBITDA margin
-2.6%
+66% vs 2023
Equity ratio
38.9%
Financial strength
Net profit 2024
NOK -178K
+65% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
-1M
-100%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,6M
-2%
EBITDA
NOK -170K
+66%
Net profit
NOK -178K
+65%
Total assets
NOK 1,9M
-3%
Equity
NOK 754K
-19%
Employees
6
—
Company information
Legal name
OLAV GREVSTAD ÅSANE AS
Org number
988401536
Legal form
Aksjeselskap
NACE code
4752 · Retail sale of hardware, building materials, paints and glass
Founded
27. juli 2005
Share capital
NOK 251 300
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Handelsvirksomhet og hva dermed står i forbindelse.
Contact
Address
Heiane 2B, 5131 Nyborg
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Companies in Retail sale of hardware, building materials, paints and glass
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
3M
7M
10M
14M
12M
2020
10M
2021
8M
2022
7M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
12 409
10 028
8 294
6 699
6 587
Staff expenses
−1 070
−1 066
−1 002
−837
−898
EBITDA
341
61
−236
−506
−170
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
341
61
−236
−506
−170
Net financials
−7
−9
−11
−9
−8
Profit before tax
334
51
−247
−515
−178
Tax
−11
−81
−0
−0
−0
Net profit
344
133
−247
−515
−178
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 898
3 069
2 610
1 993
1 935
Equity
1 274
1 694
1 447
932
754
Long-term debt
573
495
146
196
606
Short-term debt
1 052
880
1 016
865
575
Total debt
1 625
1 375
1 163
1 061
1 181
Financial ratios
5-year trend
EBITDA margin
-2.6%
This company
15.8%
Market median
-116% vs market
2020
2024
Equity ratio
38.9%
This company
38.2%
Market median
+2% vs market
2020
2024
Return on equity
-23.6%
This company
18.4%
Market median
-228% vs market
2020
2024
Net profit margin
-2.7%
This company
8.1%
Market median
-133% vs market
2020
2024
Asset turnover
3.40×
This company
1.12×
Market median
+204% vs market
2020
2024
Debt / equity
1.57×
This company
0.62×
Market median
-153% 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)
OP
Olav Petter Grevstad
Chief Executive Officer
Chief Executive Officer
2005
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
AN
Alf Nielsen
Chairman
2026
PH
Per Harald Eide
Chairman
2013
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Alfred K Grevstad`S Eftf As
Company
100%
100%
2024
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Company hierarchy
Alfred K Grevstad`S Eftf As
OLAV GREVSTAD ÅSANE AS
(this company)
Board network connections
Board members of OLAV GREVSTAD ÅSANE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Olav Petter Grevstad
Chief Executive Officer
0 companies
Alf Nielsen
Chairman
0 companies
Per Harald Eide
Chairman
0 companies