Serwent Brdr Grønnerud AS

Org. no. 912572188 · Gjøvik · Founded 2013 · 36 employees

Score · fiscal year 2025

27of 100

How to read this: the company is ahead of 8 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 87 of 94 · What are Morning company classes?
Place in the whole sector: 172 of 191 · Vann, avløp og renovasjon

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 30 and solidity 28 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Serwent Brdr Grønnerud AS is 23 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 94 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.5% (median 4.2%) and equity ratio 16.5% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue62 MNOK129 MNOK
Operating margin 2.5% 4.2% 39 %
Profit margin −2.3% 2.9% shown, not part of the index
Return on assets 2.4% 5.6% 21 %
Equity ratio 16.5% 32.6% 28 %
Debt-to-equity 5.06 2.01 27 %
Current ratio 0.41 1.31 4 %
Revenue growth −0.3% 5.3% 30 %
Revenue per employee1.73 MNOK2.54 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 27, Serwent Brdr Grønnerud AS does better than 8% of companies in the Morning class Medium in the same sector (94 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Serwent Brdr Grønnerud AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Serwent Brdr Grønnerud AS has a score of 27 for 2025, rank 172 of 191 in the sector.

Strongest: Consistency: percentile 39 against peers.

Weakest: Liquidity: percentile 4 against peers, current ratio 0.41 against a median of 1.31. Solidity: percentile 28 against peers, equity ratio 16.5% against a median of 32.6%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Serwent Brdr Grønnerud AS had an operating margin of 2.5% and an equity ratio of 16.5% in 2025, and ranks 172 of 191 in Vann, avløp og renovasjon.

From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 6.9% to 2.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 11 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.5 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 1.6 MNOK
minus net debt 26.7 MNOK
8.0 debt above value
P/B Equity: 11.2 MNOK 1.0 11 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

Indications · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 2.4 times current assets.

    Based on: Current ratio 0.41 (median 1.31).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −2.3% (median 2.9%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 5.4% 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.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of −1.1%. Based on the 4 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability30 weight 30%
Solidity28 weight 25%
Liquidity4 weight 15%
Growth30 weight 15%
Consistency39 weight 15%

Durability: 34 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Serwent Brdr Grønnerud AS?

The operating margin was 2.5% in 2025, against a median of 4.2% among companies in the Morning class Medium in the same sector. Return on assets was 2.4%. The company made a loss before tax.

How solid is Serwent Brdr Grønnerud AS?

The equity ratio was 16.5% in 2025 (median 32.6%). Debt-to-equity was 5.06 (median 2.01).

What is the liquidity of Serwent Brdr Grønnerud AS like?

The current ratio was 0.41 in 2025 (median 1.31). Current assets did not cover current liabilities.

How does Serwent Brdr Grønnerud AS compare in Vann, avløp og renovasjon?

Serwent Brdr Grønnerud AS ranks 172 of 191 in Vann, avløp og renovasjon for 2025. Among companies in the Morning class Medium it is number 87 of 94. Revenue changed by −0.3% from the year before.

From the Central Coordinating Register

Org. no.
912572188
Legal form
AS
Sector
Vann, avløp og renovasjon (37.000)
Morning company class
Medium
Employees
36 registered 10 October 2026
Founded
27 September 2013 13 years in operation
Share capital
3.00 MNOK
Business address
Sommerrovegen 7, 2816 GJØVIK
Municipality
Gjøvik rank 6–10 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.gronnerud.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.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

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.

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index334127
Rank138126172
Operating margin7.2%6.9%2.5%
Return on assets6.4%7.2%2.4%
Equity ratio16.8%20.3%16.5%
Current ratio1.040.860.41
Revenue growth–5.4%−0.3%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue59.4 MNOK62.6 MNOK62.4 MNOK
Operating profit4.2 MNOK4.3 MNOK1.6 MNOK
Profit before tax2.6 MNOK1.5 MNOK−1.4 MNOK
Net profit2.0 MNOK1.2 MNOK−1.5 MNOK
Financial expenses1.7 MNOK2.9 MNOK3.1 MNOK
Total assets67.6 MNOK62.3 MNOK67.8 MNOK
Current assets14.4 MNOK12.6 MNOK11.9 MNOK
Equity11.4 MNOK12.7 MNOK11.2 MNOK
Retained earnings7.5 MNOK8.8 MNOK7.3 MNOK
Total liabilities56.2 MNOK49.7 MNOK56.6 MNOK
Current liabilities13.8 MNOK14.7 MNOK29.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7111455.