GRAV & Spreng AS
Score · fiscal year 2025
15of 100
How to read this: the company is ahead of 5 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 12,166 of 12,867 · What are Morning company classes?
Place in the whole sector: 19,353 of 20,337 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 14 and solidity 10 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
GRAV & Spreng AS is 35 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 12,860 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −14.7% (median 3.5%) and equity ratio 0.8% (median 32.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | −14.7% | 3.5% |
| Profit margin | −13.9% | 3.0% |
| Return on assets | −7.6% | 7.8% |
| Equity ratio | 0.8% | 32.8% |
| Debt-to-equity | 124.17 | 1.43 |
| Current ratio | 1.04 | 1.41 |
| Revenue growth | −84.0% | 6.0% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 15, GRAV & Spreng AS does better than 5% of companies in the Morning class Micro in the same sector (12,867 companies) in 2025.
Score 2023–2025
- GRAV & Spreng AS
- Median: companies in the Morning class Micro in the same sector
GRAV & Spreng AS has a score of 15 for 2025, rank 19,353 of 20,337 in the sector.
Strongest: Liquidity: percentile 31 against peers, current ratio 1.04 against a median of 1.41.
Weakest: Growth: percentile 0 against peers, revenue growth −84.0% against a median of 6.0%. Solidity: percentile 10 against peers, equity ratio 0.8% against a median of 32.8%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 0.8% (median 32.8%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −13.9% (median 3.0%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −14.7% (median 3.5%).
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
GRAV & Spreng AS had an operating margin of −14.7% and an equity ratio of 0.8% in 2025, and ranks 19,353 of 20,337 in Bygg og anlegg.
From 2024 to 2025: the operating margin fell from 12.6% to −14.7% and the equity ratio fell from 63.2% to 0.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 0.8% (median 32.8%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −13.9% (median 3.0%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −14.7% (median 3.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 14 | weight 30% |
|---|---|---|
| Solidity | 10 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 0 | weight 15% |
| Consistency | 21 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GRAV & Spreng AS?
The operating margin was −14.7% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was −7.6%. The company made a loss before tax.
How solid is GRAV & Spreng AS?
The equity ratio was 0.8% in 2025 (median 32.8%). Debt-to-equity was 124.17 (median 1.43).
What is the liquidity of GRAV & Spreng AS like?
The current ratio was 1.04 in 2025 (median 1.41).
How does GRAV & Spreng AS compare in Bygg og anlegg?
GRAV & Spreng AS ranks 19,353 of 20,337 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 12,166 of 12,867. Revenue changed by −84.0% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- value not stated
- 2 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 8 April 2024 | Tromsø kommune | Brøyting av rode 0624 Tromsøya sørøst veger | value not stated |
| 8 April 2024 | Tromsø kommune | Brøyting av rode 0724 Tromsøya sørvest veger | value not stated |
| 31 May 2022 | Tromsø kommune | Brøyting av rode Tromsøya sørvest - uterom | 1.2 MNOK |
| 31 August 2021 | Tromsø kommune | Brøyting av rode Tromsøya Sørøst veger | 2.3 MNOK |
| 31 August 2021 | Tromsø kommune | Brøyting av rode Tromsøya Sørvest veger | 2.3 MNOK |
| 31 August 2021 | Tromsø kommune | Brøyting av rode Tromsøya vest veger | 2.3 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 879795052
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 10 March 1998 28 years in operation
- Share capital
- 0.07 MNOK
- Business address
- Kvaløyvegen 332, 9016 TROMSØ
- Municipality
- Tromsø rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.gravogspreng.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 95.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Workinn AS (95%)
Ultimate owner: Workinngruppen AS
- Workinn AS · 95.0%
- GRAV & Spreng AS · 5.0%
Change 2007–2025:
100% of the shares changed owner (2 new and 3 departed owners). The majority owner changed.
New owners (companies): GRAV & Spreng AS, Workinn AS
Holds shares in: GRAV & Spreng AS (5%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 15 | 79 | 15 | |
| Rank | 16,557 | 904 | 19,353 | |
| Operating margin | −16.6% | 12.6% | −14.7% | |
| Return on assets | −34.0% | 27.4% | −7.6% | |
| Equity ratio | 14.6% | 63.2% | 0.8% | |
| Current ratio | 1.14 | 2.85 | 1.04 | |
| Revenue growth | – | 9.8% | −84.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 25.4 MNOK | 27.9 MNOK | 4.5 MNOK |
| Operating profit | −4.2 MNOK | 3.5 MNOK | −0.7 MNOK |
| Profit before tax | −4.2 MNOK | 3.5 MNOK | −0.6 MNOK |
| Tax expense | 0.0 MNOK | −0.4 MNOK | −0.1 MNOK |
| Net profit | −4.2 MNOK | 3.9 MNOK | −0.5 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.0 MNOK |
| Total assets | 12.2 MNOK | 12.8 MNOK | 8.2 MNOK |
| Current assets | 11.9 MNOK | 12.7 MNOK | 8.2 MNOK |
| Equity | 1.8 MNOK | 8.1 MNOK | 0.1 MNOK |
| Retained earnings | 1.7 MNOK | 5.6 MNOK | 0.0 MNOK |
| Total liabilities | 10.4 MNOK | 4.7 MNOK | 8.1 MNOK |
| Current liabilities | 10.4 MNOK | 4.5 MNOK | 7.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7171085.
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