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Frank Grønvold AS
AS
Active
Org 988416002
Vestbysvingen 12, 0976
Oslo
Painting and glazing
·
NACE 4334
Est. 2005 · 21 years old
3 employees
Monitor
Share
Norway
/
Companies
/
Painting and glazing
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Frank Grønvold AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
5M
4M
2M
1M
0M
2021: 3M
3M
2021
2022: 3M (0% vs 2021)
3M
0%
2022
2023: 3M (0% vs 2022)
3M
0%
2023
2024: 4M (+33% vs 2023)
4M
+33%
2024
2025: 3M (-25% vs 2024)
3M
-25%
2025
EBITDA
NOK millions
0M
0M
0M
-1M
-1M
2021: 0M
0M
2021
2022: 0M
0M
2022
2023: 0M
0M
2023
2024: 0M
0M
2024
2025: 0M
0M
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
3 417
3 650
2 597
3 055
3 143
Staff expenses
−1 286
−1 621
−1 760
−1 767
−1 799
EBITDA
−50
101
12
−1
47
Depreciation & amort.
−16
−1
−18
−22
−26
EBIT
−65
100
−6
−22
21
Net financials
−6
3
2
2
0
Profit before tax
−71
102
−4
−21
21
Tax
−15
24
−0
−4
5
Net profit
−56
78
−4
−16
16
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
783
618
537
690
594
Equity
177
233
154
158
174
Long-term debt
146
0
0
0
0
Short-term debt
460
385
383
532
419
Total debt
606
385
383
532
419
Financial ratios
5-year trend
EBITDA margin
−1,5 %
This company
15,8 %
Market median
This company
Market median
109% below market
2021
2025
Equity ratio
22,6 %
This company
38,2 %
Market median
This company
Market median
41% below market
2021
2025
Return on equity
−31,6 %
This company
18,4 %
Market median
This company
Market median
272% below market
2021
2025
Net profit margin
−1,6 %
This company
8,1 %
Market median
This company
Market median
120% below market
2021
2025
Asset turnover
4,36×
This company
1,12×
Market median
This company
Market median
289% above market
2021
2025
Debt / equity
3,43×
This company
0,62×
Market median
This company
Market median
453% 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 Frank 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