Grenland Friteater AS
Score · fiscal year 2025
53of 100
How to read this: the company is ahead of 54 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 185 of 403 · What are Morning company classes?
Place in the whole sector: 624 of 1,400 · Kultur og fritid
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 25 and solidity 63 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Grenland Friteater AS is 2 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 403 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −0.8% (median 5.2%) and equity ratio 44.0% (median 32.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 20 MNOK | 18 MNOK |
| Operating margin | −0.8% | 5.2% |
| Profit margin | 0.6% | 4.2% |
| Return on assets | 2.6% | 10.3% |
| Equity ratio | 44.0% | 32.1% |
| Debt-to-equity | 1.27 | 1.67 |
| Current ratio | 1.46 | 1.22 |
| Revenue growth | 16.8% | 6.3% |
| Revenue per employee | 1.16 MNOK | 0.73 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 53, Grenland Friteater AS does better than 54% of companies in the Morning class Small in the same sector (403 companies) in 2025.
Score 2023–2025
- Grenland Friteater AS
- Median: companies in the Morning class Small in the same sector
Grenland Friteater AS has a score of 53 for 2025, rank 624 of 1,400 in the sector.
Strongest: Consistency: percentile 71 against peers. Growth: percentile 71 against peers, revenue growth 16.8% against a median of 6.3%.
Weakest: Profitability: percentile 25 against peers, operating margin −0.8% against a median of 5.2%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −0.8% (median 5.2%).
- What lies behind weak profitability, 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
Grenland Friteater AS had an operating margin of −0.8% and an equity ratio of 44.0% in 2025, and ranks 624 of 1,400 in Kultur og fritid.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio rose from 29.7% to 44.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 21.1 | 1 MNOK |
| EV/EBIT | 19.9 | not meaningful |
| P/B | 3.3 | 4 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- 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 −0.8% (median 5.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.3% 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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 25 | weight 30% |
|---|---|---|
| Solidity | 63 | weight 25% |
| Liquidity | 60 | weight 15% |
| Growth | 71 | weight 15% |
| Consistency | 71 | weight 15% |
Durability: 45 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Grenland Friteater AS?
The operating margin was −0.8% in 2025, against a median of 5.2% among companies in the Morning class Small in the same sector. Return on assets was 2.6%.
How solid is Grenland Friteater AS?
The equity ratio was 44.0% in 2025 (median 32.1%). Debt-to-equity was 1.27 (median 1.67).
What is the liquidity of Grenland Friteater AS like?
The current ratio was 1.46 in 2025 (median 1.22).
How does Grenland Friteater AS compare in Kultur og fritid?
Grenland Friteater AS ranks 624 of 1,400 in Kultur og fritid for 2025. Among companies in the Morning class Small it is number 185 of 403. Revenue changed by 16.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 882755312
- Legal form
- AS
- Sector
- Kultur og fritid (90.202)
- Morning company class
- Small
- Employees
- 17 registered 10 October 2026
- Founded
- 1 December 2000 25 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Huken 3D, 3921 PORSGRUNN
- Municipality
- Porsgrunn rank 5–12 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.grenlandfriteater.com
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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 5
- Largest owner
- 20.0% · top three 60.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Owners over 60
- 100% of the shares held by persons (median age 68)
Change 2007–2025: no material change in the owners.
Majority owner of: Teaterparken AS (100%)
Holds shares in: Teaterparken AS (100%), Porsgrunn Min BY AS (0%)
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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 44 | 37 | 53 | |
| Rank | 807 | 1,003 | 624 | |
| Operating margin | 0.7% | −1.9% | −0.8% | |
| Return on assets | 2.3% | −0.8% | 2.6% | |
| Equity ratio | 29.3% | 29.7% | 44.0% | |
| Current ratio | 1.20 | 1.25 | 1.46 | |
| Revenue growth | – | 3.0% | 16.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 16.4 MNOK | 16.9 MNOK | 19.7 MNOK |
| Operating profit | 0.1 MNOK | −0.3 MNOK | −0.2 MNOK |
| Profit before tax | 0.2 MNOK | −0.1 MNOK | 0.1 MNOK |
| Tax expense | – | – | – |
| Net profit | 0.2 MNOK | −0.1 MNOK | 0.1 MNOK |
| Financial expenses | −0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 7.3 MNOK | 7.0 MNOK | 5.0 MNOK |
| Current assets | 6.2 MNOK | 6.1 MNOK | 4.1 MNOK |
| Equity | 2.1 MNOK | 2.1 MNOK | 2.2 MNOK |
| Retained earnings | 2.0 MNOK | 2.0 MNOK | 2.1 MNOK |
| Total liabilities | 5.1 MNOK | 4.9 MNOK | 2.8 MNOK |
| Current liabilities | 5.1 MNOK | 4.9 MNOK | 2.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6713116.
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