GRANITOR SYSTEMS AS
Score · fiscal year 2024
52of 100
How to read this: the company is ahead of 53 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 813 of 1,724 · What are Morning company classes?
Place in the whole sector: 9,194 of 19,473 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 64 and solidity 48 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
GRANITOR SYSTEMS AS is 1 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 1,724 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 7.4% (median 4.6%) and equity ratio 29.6% (median 30.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 105 MNOK | 90 MNOK |
| Operating margin | 7.4% | 4.6% |
| Profit margin | 7.5% | 4.7% |
| Return on assets | 14.6% | 11.8% |
| Equity ratio | 29.6% | 30.1% |
| Debt-to-equity | 2.38 | 2.28 |
| Current ratio | 1.64 | 1.39 |
| Revenue growth | −11.1% | 5.7% |
| Revenue per employee | 3.37 MNOK | 2.48 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 52, GRANITOR SYSTEMS AS does better than 53% of companies in the Morning class Medium in the same sector (1,724 companies) in 2024.
Score 2023–2025
- GRANITOR SYSTEMS AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
GRANITOR SYSTEMS AS had an operating margin of 7.4% and an equity ratio of 29.6% in 2024, and ranks 9,194 of 19,473 in Bygg og anlegg.
From 2023 to 2024: the equity ratio fell from 38.9% to 29.6% and the operating margin fell from 10.4% to 7.4%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 16 MNOK and 61 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 61 MNOK |
| EV/EBIT | 8.0 | 56 MNOK |
| P/B | 1.0 | 16 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.3% of the debt in 2024. The policy rate averaged 4.50 % 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 | 64 | weight 30% |
|---|---|---|
| Solidity | 48 | weight 25% |
| Liquidity | 70 | weight 15% |
| Growth | 22 | weight 15% |
| Consistency | 46 | weight 15% |
Durability: 63 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GRANITOR SYSTEMS AS?
The operating margin was 7.4% in 2024, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 14.6%.
How solid is GRANITOR SYSTEMS AS?
The equity ratio was 29.6% in 2024 (median 30.1%). Debt-to-equity was 2.38 (median 2.28).
What is the liquidity of GRANITOR SYSTEMS AS like?
The current ratio was 1.64 in 2024 (median 1.39).
How does GRANITOR SYSTEMS AS compare in Bygg og anlegg?
GRANITOR SYSTEMS AS ranks 9,194 of 19,473 in Bygg og anlegg for 2024. Among companies in the Morning class Medium it is number 813 of 1,724. Revenue changed by −11.1% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- 147.1 MNOK
- Framework agreements
- 1
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 27 January 2026 | Lillestrøm Kommune | Rammeavtale for byggautomasjon | value not stated |
| 10 June 2025 | Helse Sør-Øst RHF | Kontrakt Entreprise 5601 Lokal automatisering - Nye Rikshospitalet | 147.1 MNOK |
| 12 September 2019 | Skedsmo Kommune | Toppsystem | value not stated |
| 20 March 2019 | Universitetet i Oslo | Bygningsautomatikk | value not stated |
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 28 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.
- 914238765
- Legal form
- AS
- Sector
- Bygg og anlegg (43.210)
- Morning company class
- Medium
- Employees
- 31 registered 10 September 2026
- Founded
- 8 September 2014 12 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Gråterudveien 5, 3036 DRAMMEN
- Municipality
- Drammen rank 10 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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
- Chief executive
- Björn Olof Wigström
- Chair of the board
- Björn Olof Wigström
- Board member
- Arve Syvertsen
- Board member
- Jane Sollien
- Board member
- Joel Patrik Olof Lybert
- Board member
- Edith Hedvig Pernilla Börjesson
- Auditor
- FORVIS MAZARS AS
Source: Central Coordinating Register, fetched 29 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 75 | 52 | 61 | |
| Rank | 2,699 | 9,194 | 6,007 | |
| Operating margin | 10.4% | 7.4% | 7.4% | |
| Return on assets | 21.5% | 14.6% | 14.7% | |
| Equity ratio | 38.9% | 29.6% | 32.0% | |
| Current ratio | 1.52 | 1.64 | 1.49 | |
| Revenue growth | – | −11.1% | 23.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 117.6 MNOK | 104.5 MNOK | 129.1 MNOK |
| Operating profit | 12.3 MNOK | 7.7 MNOK | 9.5 MNOK |
| Profit before tax | 12.1 MNOK | 7.9 MNOK | 10.3 MNOK |
| Net profit | 9.4 MNOK | 6.1 MNOK | 8.0 MNOK |
| Financial expenses | 0.3 MNOK | 0.1 MNOK | 0.0 MNOK |
| Total assets | 57.6 MNOK | 54.7 MNOK | 69.9 MNOK |
| Current assets | 46.9 MNOK | 54.1 MNOK | 59.9 MNOK |
| Equity | 22.4 MNOK | 16.2 MNOK | 22.4 MNOK |
| Retained earnings | 21.9 MNOK | 15.8 MNOK | 21.9 MNOK |
| Total liabilities | 35.2 MNOK | 38.5 MNOK | 47.5 MNOK |
| Current liabilities | 30.8 MNOK | 33.0 MNOK | 40.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5495081.
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