GFM AS

Org. no. 916699808 · HAMAR · Founded 2016

Score · fiscal year 2024

47of 100

How to read this: the company is ahead of 44 % of small companies in the same sector in 2024. What does this mean?

Rank: 17,425 of 31,120 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 22 and solidity 70 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

GFM AS is 3 points below the median for small companies in the same sector in 2024.

Median score 50 among 30,024 companies.

Against small companies in the same sector in 2024: operating margin −28.8% (median 3.8%) and equity ratio 62.3% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin −28.8% 3.8% 8 %
Profit margin 6.3% 3.4% shown, not part of the index
Return on assets 0.2% 5.8% 36 %
Equity ratio 62.3% 36.8% 73 %
Debt-to-equity 0.60 1.19 67 %
Current ratio 8.70 1.45 92 %
Revenue growth −76.8% 1.8% 4 %

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 47, GFM AS does better than 44% of small companies in the same sector (30,095 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GFM AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

GFM AS had an operating margin of −28.8% and an equity ratio of 62.3% in 2024, and ranks 17,425 of 31,120 in Bygg og anlegg.

From 2023 to 2024: the operating margin fell from 82.7% to −28.8% and revenue fell by 77%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 7.7 MNOK 1.0 8 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 · 2024

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 −28.8% (median 3.8%).

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

Financial costs were 0.0% 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.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability22 weight 30%
Solidity70 weight 25%
Liquidity92 weight 15%
Growth4 weight 15%
Consistency59 weight 15%

Durability: 65 (average over 2 years)

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

2024

Questions and answers

How profitable is GFM AS?

The operating margin was −28.8% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 0.2%.

How solid is GFM AS?

The equity ratio was 62.3% in 2024 (median 36.8%). Debt-to-equity was 0.60 (median 1.19).

What is the liquidity of GFM AS like?

The current ratio was 8.70 in 2024 (median 1.45).

How does GFM AS compare in Bygg og anlegg?

GFM AS ranks 17,425 of 31,120 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 16,808 of 30,095. Revenue changed by −76.8% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
916699808
Legal form
AS · part of a group
Sector
Bygg og anlegg (43.320)
Size tier
small
Employees
0–4 (not registered)
Founded
28 January 2016 10 years in operation
Share capital
0.05 MNOK
Business address
Store Hubred 11, 2322 RIDABU (HAMAR)
Municipality
Hamar rank 1–5 of 13 in KOSTRA group 10
Audit
Audit opted out from 9 February 2016
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
Georg Fredrik Myhre
Chair of the board
Georg Fredrik Myhre
Board member
Linn Skårsmoen
Deputy member
Berit Nilsen Myhre
Accountant
DALA ØKONOMI 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index824789
Rank1,67217,425238
Operating margin82.7%−28.8%–
Return on assets12.3%0.2%33.5%
Equity ratio78.6%62.3%91.3%
Current ratio2.358.7011.47
Revenue growth–−76.8%–

Accounts

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

Key figure202320242025
Operating revenue1.4 MNOK0.3 MNOK–
Operating profit1.1 MNOK−0.1 MNOK−0.7 MNOK
Profit before tax1.1 MNOK0.0 MNOK4.2 MNOK
Net profit0.9 MNOK0.0 MNOK4.2 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.1 MNOK
Total assets9.7 MNOK12.3 MNOK13.0 MNOK
Current assets1.4 MNOK1.1 MNOK7.0 MNOK
Equity7.7 MNOK7.7 MNOK11.9 MNOK
Retained earnings7.5 MNOK7.5 MNOK11.7 MNOK
Total liabilities2.1 MNOK4.6 MNOK1.1 MNOK
Current liabilities0.6 MNOK0.1 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6040545.