MESTER GRØNN AS
Score · fiscal year 2025
68of 100
How to read this: the company is ahead of 89 % of large companies in the same sector in 2025. What does this mean?
Rank: 5,784 of 38,671 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 69 and solidity 77 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
MESTER GRØNN AS is 18 points above the median for large companies in the same sector in 2025.
Median score 50 among 362 companies.
Against large companies in the same sector in 2025: operating margin 3.8% (median 2.1%) and equity ratio 54.5% (median 34.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,039 MNOK | 2,073 MNOK |
| Operating margin | 3.8% | 2.1% |
| Profit margin | 5.6% | 2.1% |
| Return on assets | 11.9% | 8.4% |
| Equity ratio | 54.5% | 34.6% |
| Debt-to-equity | 0.83 | 1.85 |
| Current ratio | 1.41 | 1.27 |
| Revenue growth | 10.7% | 6.5% |
| Revenue per employee | 1.07 MNOK | 15.47 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 68, MESTER GRØNN AS does better than 89% of large companies in the same sector (362 companies) in 2025.
Score 2023–2025
- MESTER GRØNN AS
- Median: large companies in the same sector
MESTER GRØNN AS has a score of 68 for 2025, rank 5,784 of 38,671 in the sector.
Strongest: Solidity: percentile 77 against peers, equity ratio 54.5% against a median of 34.6%. Profitability: percentile 69 against peers, operating margin 3.8% against a median of 2.1%.
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
MESTER GRØNN AS had an operating margin of 3.8% and an equity ratio of 54.5% in 2025, and ranks 5,784 of 38,671 in Handel.
From 2024 to 2025: revenue grew by 11%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 518 MNOK and 1,050 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 894 MNOK |
| EV/EBIT | 8.0 | 1,050 MNOK |
| P/B | 1.0 | 518 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 69 | weight 30% |
|---|---|---|
| Solidity | 77 | weight 25% |
| Liquidity | 62 | weight 15% |
| Growth | 67 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 67 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MESTER GRØNN AS?
The operating margin was 3.8% in 2025, against a median of 2.1% among large companies in the same sector. Return on assets was 11.9%.
How solid is MESTER GRØNN AS?
The equity ratio was 54.5% in 2025 (median 34.6%). Debt-to-equity was 0.83 (median 1.85).
What is the liquidity of MESTER GRØNN AS like?
The current ratio was 1.41 in 2025 (median 1.27).
How does MESTER GRØNN AS compare in Handel?
MESTER GRØNN AS ranks 5,784 of 38,671 in Handel for 2025. Among companies of the same size (large companies) it ranks 41 of 362. Revenue changed by 10.7% 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.
Public contracts
- Contracts awarded since 2024
- 8
- Total awarded value since 2024
- value not stated
- 3 contracts without a stated value are not in the total.
- Framework agreements
- 5
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 15 August 2026 | INNLANDET FYLKESKOMMUNE | Blomster og kranser - kontraktstildeling | 3.5 MNOK (framework) |
| 12 June 2026 | Viken Vest Innkjøpssamarbeid (VVI) | (2026/883) Blomster, buketter og kranser, rammeavtale | 1.7 MNOK (framework) |
| 17 December 2025 | Skatteetaten | 20250019 Rammeavtale blomster | 4.2 MNOK (framework) |
| 2 December 2025 | Trondheim kommune | Blomster | 12.0 MNOK (framework) |
| 27 June 2024 | Asker kommune | Blomster Asker kommune | 10.0 MNOK (framework) |
| 28 February 2024 | Lillehammer Kommune | Rammeavtale på blomsterbuketter, oppsatser, orkidéer, grønne planter i potter og blomster til beplantning både inne og ute | value not stated |
| 26 February 2024 | Barne-, ungdoms- og familiedirektoratet | Rammeavtale for innkjøp av blomster til Bufdir og Bufetat | value not stated |
| 26 February 2024 | Tromsø kommune | Rammeavtale blomster | value not stated |
| 7 September 2023 | Høgskolen i Innlandet | Rammeavtale for kjøp av blomster | value not stated |
| 6 September 2023 | Universitetet i Stavanger | Rammeavtale om blomster | 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.
- 933944522
- Legal form
- AS · part of a group
- Sector
- Handel (47.761)
- Size tier
- large
- Employees
- 1,906 registered 10 October 2026
- Founded
- 25 July 1983 43 years in operation
- Share capital
- 16.00 MNOK
- Business address
- Gjellebekkstubben 7, 3420 LIERSKOGEN
- Municipality
- Lier rank 7 of 27 in KOSTRA group 9
- 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
- Erling Johannes Ølstad
- Chair of the board
- Bjørnar Westbye Ølstad
- Board member
- Marianne Davidsen Ølstad
- Board member
- Kristian Westbye Ølstad
- Board member
- Anders Ølstad
- Board member
- Marit Iren Ølstad
- Auditor
- CEDRA NORGE 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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 67 | 64 | 68 | |
| Rank | 7,431 | 8,231 | 5,784 | |
| Operating margin | 2.3% | 2.9% | 3.8% | |
| Return on assets | 8.2% | 9.6% | 11.9% | |
| Equity ratio | 55.5% | 54.0% | 54.5% | |
| Current ratio | 1.30 | 1.32 | 1.41 | |
| Revenue growth | – | 8.7% | 10.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,693.3 MNOK | 1,841.2 MNOK | 2,039.0 MNOK |
| Operating profit | 39.4 MNOK | 53.3 MNOK | 77.6 MNOK |
| Profit before tax | 40.4 MNOK | 72.5 MNOK | 113.3 MNOK |
| Net profit | 31.8 MNOK | 57.8 MNOK | 89.4 MNOK |
| Financial expenses | 24.8 MNOK | 10.2 MNOK | – |
| Total assets | 793.5 MNOK | 865.3 MNOK | 949.3 MNOK |
| Current assets | 455.9 MNOK | 523.3 MNOK | 607.4 MNOK |
| Equity | 440.7 MNOK | 467.4 MNOK | 517.8 MNOK |
| Retained earnings | 415.1 MNOK | 441.8 MNOK | 492.2 MNOK |
| Total liabilities | 352.8 MNOK | 397.9 MNOK | 431.5 MNOK |
| Current liabilities | 350.2 MNOK | 397.5 MNOK | 431.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7183837.
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