GRIUG AS

Org. no. 953681781 · NORD-AURDAL · Founded 1989 · 29 employees

Score · fiscal year 2025

50of 100

How to read this: the company is ahead of 52 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 759 of 1,571 · Kraft og energi

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 66 and solidity 41 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

GRIUG AS is 1 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 197 companies.

Against medium-sized companies in the same sector in 2025: operating margin 26.6% (median 17.1%) and equity ratio 35.1% (median 42.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue119 MNOK195 MNOK
Operating margin 26.6% 17.1% 66 %
Profit margin 18.6% 13.9% shown, not part of the index
Return on assets 7.8% 5.4% 67 %
Equity ratio 35.1% 42.7% 42 %
Debt-to-equity 1.85 1.33 40 %
Current ratio 0.41 1.18 16 %
Revenue growth 7.9% 6.0% 58 %
Revenue per employee4.11 MNOK5.86 MNOK

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 50, GRIUG AS does better than 52% of medium-sized companies in the same sector (197 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • GRIUG AS
  • Median: medium-sized companies in the same sector
Summary analysis

GRIUG AS has a score of 50 for 2025, rank 759 of 1,571 in the sector.

Strongest: Profitability: percentile 66 against peers, operating margin 26.6% against a median of 17.1%.

Weakest: Liquidity: percentile 16 against peers, current ratio 0.41 against a median of 1.18.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

GRIUG AS had an operating margin of 26.6% and an equity ratio of 35.1% in 2025, and ranks 759 of 1,571 in Kraft og energi.

From 2024 to 2025: the operating margin rose from 12.9% to 26.6%.

GRIUG AS did better than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 112 MNOK and 173 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 17.3 MNOK 10.0 173 MNOK
EV/EBIT Operating profit: 31.7 MNOK
minus net debt 141.7 MNOK
8.0 112 MNOK
P/B Equity: 148.1 MNOK 1.0 148 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

  • critical

    Consider strengthening liquidity: current liabilities are 2.4 times current assets.

    Based on: Current ratio 0.41 (median 1.18).

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

Financial costs were 4.0% 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.

Data quality

No anomalies found in the figures.

Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was 26.6% in 2025 (sector median 12.6%), and the equity ratio 35.1%. In the other years the operating margin averaged 17.3%.

The sector's weakest year was 2025, with a median operating margin of 12.6%. 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

Profitability66 weight 30%
Solidity41 weight 25%
Liquidity16 weight 15%
Growth58 weight 15%
Consistency57 weight 15%

Durability: 46 (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 GRIUG AS?

The operating margin was 26.6% in 2025, against a median of 17.1% among medium-sized companies in the same sector. Return on assets was 7.8%.

How solid is GRIUG AS?

The equity ratio was 35.1% in 2025 (median 42.7%). Debt-to-equity was 1.85 (median 1.33).

What is the liquidity of GRIUG AS like?

The current ratio was 0.41 in 2025 (median 1.18). Current assets did not cover current liabilities.

How does GRIUG AS compare in Kraft og energi?

GRIUG AS ranks 759 of 1,571 in Kraft og energi for 2025. Among companies of the same size (medium-sized companies) it ranks 96 of 197. Revenue changed by 7.9% 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.
953681781
Legal form
AS · part of a group
Sector
Kraft og energi (35.140)
Size tier
medium
Employees
29 registered 10 September 2026
Founded
5 September 1989 37 years in operation
Share capital
15.41 MNOK
Business address
Spikarmoen 16, 2900 FAGERNES (NORD-AURDAL)
Municipality
Nord-Aurdal rank 6–13 of 18 in KOSTRA group 2
Latest accounts filed
2025
Website
www.griug.no

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
Bjørg Brestad
Chair of the board
Bjørg Brestad
Board member
Inger Torun Klosbøle
Board member
Øystein Buene
Board member
Oddvar Presthegge
Board member
Olav Tronrud
Deputy member
Øystein Røn
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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index474250
Rank779976759
Operating margin21.7%12.9%26.6%
Return on assets6.7%3.9%7.8%
Equity ratio37.0%34.6%35.1%
Current ratio0.500.360.41
Revenue growth–1.4%7.9%

Accounts

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

Key figure202320242025
Operating revenue109.0 MNOK110.5 MNOK119.3 MNOK
Operating profit23.6 MNOK14.3 MNOK31.7 MNOK
Profit before tax16.5 MNOK4.7 MNOK22.2 MNOK
Net profit12.8 MNOK3.6 MNOK17.3 MNOK
Financial expenses8.2 MNOK10.8 MNOK10.8 MNOK
Total assets370.5 MNOK393.9 MNOK421.6 MNOK
Current assets47.9 MNOK42.8 MNOK53.5 MNOK
Equity137.2 MNOK136.4 MNOK148.1 MNOK
Retained earnings116.5 MNOK115.7 MNOK127.4 MNOK
Total liabilities233.3 MNOK257.4 MNOK273.5 MNOK
Current liabilities96.1 MNOK119.2 MNOK130.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6850472.