GRUNN SOLID AS
Score · fiscal year 2025
75of 100
How to read this: the company is ahead of 93 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 126 of 1,765 · What are Morning company classes?
Place in the whole sector: 1,626 of 20,428 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 87 and solidity 68 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
GRUNN SOLID AS is 25 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 1,764 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 10.7% (median 4.5%) and equity ratio 39.1% (median 30.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 175 MNOK | 91 MNOK |
| Operating margin | 10.7% | 4.5% |
| Profit margin | 10.7% | 4.5% |
| Return on assets | 30.0% | 11.4% |
| Equity ratio | 39.1% | 30.4% |
| Debt-to-equity | 1.56 | 2.23 |
| Current ratio | 1.82 | 1.38 |
| Revenue growth | 33.6% | 6.8% |
| Revenue per employee | 2.47 MNOK | 2.53 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 75, GRUNN SOLID AS does better than 93% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.
Score 2023–2025
- GRUNN SOLID AS
- Median: companies in the Morning class Medium in the same sector
GRUNN SOLID AS has a score of 75 for 2025, rank 1,626 of 20,428 in the sector.
Strongest: Profitability: percentile 87 against peers, operating margin 10.7% against a median of 4.5%. Growth: percentile 81 against peers, revenue growth 33.6% against a median of 6.8%.
No area is clearly below its peers.
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
GRUNN SOLID AS had an operating margin of 10.7% and an equity ratio of 39.1% in 2025, and ranks 1,626 of 20,428 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 34% and the equity ratio rose from 24.2% to 39.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 25 MNOK and 147 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 147 MNOK |
| EV/EBIT | 8.0 | 145 MNOK |
| P/B | 1.0 | 25 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 0.7% 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 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 | 87 | weight 30% |
|---|---|---|
| Solidity | 68 | weight 25% |
| Liquidity | 79 | weight 15% |
| Growth | 81 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GRUNN SOLID AS?
The operating margin was 10.7% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 30.0%.
How solid is GRUNN SOLID AS?
The equity ratio was 39.1% in 2025 (median 30.4%). Debt-to-equity was 1.56 (median 2.23).
What is the liquidity of GRUNN SOLID AS like?
The current ratio was 1.82 in 2025 (median 1.38).
How does GRUNN SOLID AS compare in Bygg og anlegg?
GRUNN SOLID AS ranks 1,626 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 126 of 1,765. Revenue changed by 33.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 927151448
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Morning company class
- Medium
- Employees
- 71 registered 10 September 2026
- Founded
- 21 April 2021 5 years in operation
- Share capital
- 0.53 MNOK
- Business address
- Mjåvannsvegen 82, 4628 KRISTIANSAND S
- Municipality
- Kristiansand rank 2–6 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
- Trond Werner Ødegård Johnsen
- Chair of the board
- Trond Werner Ødegård Johnsen
- Board member
- Torstein Engen
- Auditor
- REVISJON SØR AS
- Accountant
- RESPIRARE ACCOUNTING 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 9 | 62 | 75 | |
| Rank | 17,354 | 5,480 | 1,626 | |
| Operating margin | −7.6% | 9.3% | 10.7% | |
| Return on assets | −7.0% | 29.0% | 30.0% | |
| Equity ratio | 6.0% | 24.2% | 39.1% | |
| Current ratio | 0.98 | 1.28 | 1.82 | |
| Revenue growth | – | 590.7% | 33.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19.0 MNOK | 131.1 MNOK | 175.2 MNOK |
| Operating profit | −1.4 MNOK | 12.1 MNOK | 18.8 MNOK |
| Profit before tax | −1.6 MNOK | 11.5 MNOK | 18.8 MNOK |
| Net profit | −1.2 MNOK | 9.0 MNOK | 14.7 MNOK |
| Financial expenses | 0.1 MNOK | 0.7 MNOK | 0.3 MNOK |
| Total assets | 20.6 MNOK | 42.2 MNOK | 63.6 MNOK |
| Current assets | 17.1 MNOK | 38.2 MNOK | 59.0 MNOK |
| Equity | 1.2 MNOK | 10.2 MNOK | 24.9 MNOK |
| Retained earnings | −0.8 MNOK | 8.2 MNOK | 22.8 MNOK |
| Total liabilities | 19.3 MNOK | 32.0 MNOK | 38.8 MNOK |
| Current liabilities | 17.3 MNOK | 29.8 MNOK | 32.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6399059.
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