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Grenland Rail AS
AS
Active
Org 988703680
Bølevegen 202, 3713
Skien
Freight rail transport
·
NACE 4920
Est. 2005 · 20 years old
92 employees
Monitor
Share
Norway
/
Companies
/
Freight rail transport
/
Grenland Rail AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
257M
192M
128M
64M
0M
2017: 91M
91M
2017
2018: 123M (+35% vs 2017)
123M
+35%
2018
2019: 168M (+37% vs 2018)
168M
+37%
2019
2020: 198M (+18% vs 2019)
198M
+18%
2020
2021: 206M (+4% vs 2020)
206M
+4%
2021
EBITDA
NOK millions
42M
32M
21M
11M
0M
2017: 8M
8M
2017
2018: 12M (+50% vs 2017)
12M
+50%
2018
2019: 18M (+50% vs 2018)
18M
+50%
2019
2020: 34M (+89% vs 2019)
34M
+89%
2020
2021: 29M (-15% vs 2020)
29M
-15%
2021
Income statement
NOK thousands
Item
2021
2020
2019
2018
2017
Revenue
205 603
197 600
168 495
122 508
90 785
Staff expenses
−72 447
−65 510
−55 275
−46 717
−33 957
EBITDA
29 117
33 798
18 397
12 134
8 347
Depreciation & amort.
−12 785
−8 456
−5 841
−3 838
−1 629
EBIT
16 332
25 342
12 556
8 296
6 718
Net financials
−992
−746
−538
−152
−61
Profit before tax
15 341
24 596
12 017
8 144
6 657
Tax
3 375
5 411
2 366
1 905
1 591
Net profit
11 966
19 185
9 651
6 239
5 066
Balance sheet
NOK thousands
Item
2021
2020
2019
2018
2017
Total assets
124 702
117 880
79 159
69 199
42 567
Equity
48 875
40 909
37 724
28 073
23 833
Long-term debt
36 284
33 161
13 053
11 051
424
Short-term debt
39 543
43 811
28 382
30 076
18 309
Total debt
75 827
76 971
41 435
41 127
18 733
Financial ratios
5-year trend
EBITDA margin
14,2 %
This company
15,8 %
Market median
This company
Market median
10% below market
2017
2021
Equity ratio
39,2 %
This company
38,2 %
Market median
This company
Market median
3% above market
2017
2021
Return on equity
24,5 %
This company
18,4 %
Market median
This company
Market median
33% above market
2017
2021
Net profit margin
5,8 %
This company
8,1 %
Market median
This company
Market median
28% below market
2017
2021
Asset turnover
1,65×
This company
1,12×
Market median
This company
Market median
47% above market
2017
2021
Debt / equity
1,55×
This company
0,62×
Market median
This company
Market median
150% above market
2017
2021
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
More on Grenland Rail AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
