Glr AS
Score · fiscal year 2023
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2023
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −0.1% | 4.0% |
| Profit margin | 146.5% | 3.3% |
| Return on assets | 20.4% | 7.9% |
| Equity ratio | 15.7% | 34.1% |
| Debt-to-equity | 5.38 | 1.45 |
| Current ratio | 1.04 | 1.43 |
| Revenue growth | – | 7.4% |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
Score 2023–2025
- Glr AS
- Median: companies in the same sector
What the numbers say
Glr AS had an equity ratio of 15.7% in 2023. The company is not ranked: not enough data (below minimum revenue).
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 1 MNOK and 14 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 14 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1 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 2.0% of the debt in 2023. The policy rate averaged 3.54 % 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
Questions and answers
How profitable is Glr AS?
The operating margin was −0.1% in 2023, against a median of 4.0% among companies in the same sector. Return on assets was 20.4%.
How solid is Glr AS?
The equity ratio was 15.7% in 2023 (median 34.1%). Debt-to-equity was 5.38 (median 1.45).
What is the liquidity of Glr AS like?
The current ratio was 1.04 in 2023 (median 1.43).
From the Central Coordinating Register
- Org. no.
- 928535894
- Legal form
- AS
- Sector
- Bygg og anlegg (43.222)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 26 November 2021 4 years in operation
- Share capital
- 1.00 MNOK
- Business address
- Kvalamarka 27B, 5514 HAUGESUND
- Municipality
- Haugesund rank 1–6 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 12 January 2022
- 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
- Gustav Lie Rugtveit
- Chair of the board
- Gustav Lie Rugtveit
- Board member
- Kenneth Rugtveit
- Accountant
- Aider 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 | – | 52 | 48 | |
| Rank | – | 9,256 | 10,992 | |
| Operating margin | −0.1% | 11.5% | 15.0% | |
| Return on assets | 20.4% | 5.8% | 1.6% | |
| Equity ratio | 15.7% | 9.6% | 1.9% | |
| Current ratio | 1.04 | 2.67 | 3.73 | |
| Revenue growth | – | 22.8% | 19.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.9 MNOK | 1.1 MNOK | 1.4 MNOK |
| Operating profit | 0.0 MNOK | 0.1 MNOK | 0.2 MNOK |
| Profit before tax | 1.4 MNOK | 0.5 MNOK | −6.3 MNOK |
| Net profit | 1.4 MNOK | 0.4 MNOK | −6.3 MNOK |
| Financial expenses | 0.1 MNOK | 0.4 MNOK | 6.6 MNOK |
| Total assets | 7.3 MNOK | 15.6 MNOK | 18.6 MNOK |
| Current assets | 1.8 MNOK | 1.5 MNOK | 5.8 MNOK |
| Equity | 1.1 MNOK | 1.5 MNOK | 0.4 MNOK |
| Retained earnings | 0.2 MNOK | 0.5 MNOK | −0.6 MNOK |
| Total liabilities | 6.2 MNOK | 14.1 MNOK | 18.3 MNOK |
| Current liabilities | 1.7 MNOK | 0.6 MNOK | 1.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5277223.