GRAND CANYON OPERATION 3 AS

Org. no. 916669585 · HERØY · Founded 2016

Score · fiscal year 2025

58of 100

How to read this: the company is ahead of 71 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 188 of 584 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 78 and solidity 30 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

GRAND CANYON OPERATION 3 AS is 7 points above the median for medium-sized companies in the same sector in 2025.

Median score 51 among 132 companies.

Against medium-sized companies in the same sector in 2025: operating margin 13.2% (median 6.3%) and equity ratio 28.3% (median 43.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue166 MNOK229 MNOK
Operating margin 13.2% 6.3% 66 %
Profit margin 10.5% 6.0% shown, not part of the index
Return on assets 32.2% 9.3% 90 %
Equity ratio 28.3% 43.2% 32 %
Debt-to-equity 2.53 1.17 29 %
Current ratio 2.50 1.32 81 %
Revenue growth −0.3% 4.8% 40 %

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 58, GRAND CANYON OPERATION 3 AS does better than 71% of medium-sized companies in the same sector (132 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GRAND CANYON OPERATION 3 AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

GRAND CANYON OPERATION 3 AS had an operating margin of 13.2% and an equity ratio of 28.3% in 2025, and ranks 188 of 584 in Olje og gass.

From 2024 to 2025: the operating margin rose from −0.7% to 13.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 20 MNOK and 195 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 13.5 MNOK 10.0 135 MNOK
EV/EBIT Operating profit: 22.0 MNOK
minus net debt −19.2 MNOK
8.0 195 MNOK
P/B Equity: 20.3 MNOK 1.0 20 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

No rules were triggered for this year.

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

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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability78 weight 30%
Solidity30 weight 25%
Liquidity81 weight 15%
Growth40 weight 15%
Consistency62 weight 15%

Durability: 45 (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 GRAND CANYON OPERATION 3 AS?

The operating margin was 13.2% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 32.2%.

How solid is GRAND CANYON OPERATION 3 AS?

The equity ratio was 28.3% in 2025 (median 43.2%). Debt-to-equity was 2.53 (median 1.17).

What is the liquidity of GRAND CANYON OPERATION 3 AS like?

The current ratio was 2.50 in 2025 (median 1.32).

How does GRAND CANYON OPERATION 3 AS compare in Olje og gass?

GRAND CANYON OPERATION 3 AS ranks 188 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 39 of 132. Revenue changed by −0.3% from the year before.

From the Central Coordinating Register

Org. no.
916669585
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
medium
Employees
0–4 (not registered)
Founded
18 January 2016 10 years in operation
Share capital
0.10 MNOK
Business address
Mjølstadnesvegen 24, 6092 FOSNAVÅG (HERØY)
Municipality
Herøy (Møre og Romsdal) rank 29 of 40 in KOSTRA group 1
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
Christoffer Syversen
Chair of the board
Stein Pettersen
Board member
Njål Sævik
Board member
Hege Sævik Rabben
Auditor
PRICEWATERHOUSECOOPERS AS

Source: Central Coordinating Register, fetched 25 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index373958
Rank396414188
Operating margin1.4%−0.7%13.2%
Return on assets6.8%7.9%32.2%
Equity ratio14.2%23.5%28.3%
Current ratio1.161.312.50
Revenue growth–1.8%−0.3%

Accounts

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

Key figure202320242025
Operating revenue163.5 MNOK166.5 MNOK165.9 MNOK
Operating profit2.3 MNOK−1.2 MNOK22.0 MNOK
Profit before tax0.6 MNOK1.6 MNOK17.4 MNOK
Net profit0.4 MNOK1.2 MNOK13.5 MNOK
Financial expenses2.1 MNOK0.6 MNOK5.7 MNOK
Total assets39.6 MNOK28.8 MNOK71.7 MNOK
Current assets39.4 MNOK28.8 MNOK71.7 MNOK
Equity5.6 MNOK6.8 MNOK20.3 MNOK
Retained earnings5.5 MNOK6.7 MNOK20.2 MNOK
Total liabilities34.0 MNOK22.1 MNOK51.4 MNOK
Current liabilities34.0 MNOK22.1 MNOK28.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7172279.