Multi Grunnmur AS

Org. no. 963996608 · Trondheim · Founded 1992

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2024

36of 100

How to read this: the company is ahead of 27 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 8,950 of 12,197 · What are Morning company classes?
Place in the whole sector: 14,484 of 19,404 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 94 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Multi Grunnmur AS is 14 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,188 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 21.0% (median 3.7%) and equity ratio −42.1% (median 33.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue5 MNOK3 MNOK
Operating margin 21.0% 3.7% 89 %
Profit margin 19.0% 3.0% shown, not part of the index
Return on assets 126.6% 7.9% 99 %
Equity ratio −42.1% 33.4% 8 %
Debt-to-equity – 1.42 not compared
Current ratio 0.41 1.42 7 %
Revenue growth −21.2% 4.1% 19 %

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

With an index of 36, Multi Grunnmur AS does better than 27% of companies in the Morning class Micro in the same sector (12,197 companies) in 2024.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024
  • Multi Grunnmur AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Multi Grunnmur AS has a score of 36 for 2024, rank 14,484 of 19,404 in the sector.

Strongest: Profitability: percentile 94 against peers, operating margin 21.0% against a median of 3.7%.

Weakest: Solidity: percentile 0 against peers, equity ratio −42.1% against a median of 33.4%. Liquidity: percentile 7 against peers, current ratio 0.41 against a median of 1.42.

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 · 2024

What the numbers say

Multi Grunnmur AS had an operating margin of 21.0% and an equity ratio of −42.1% in 2024, and ranks 14,484 of 19,404 in Bygg og anlegg.

From 2023 to 2024: the operating margin rose from −0.1% to 21.0% and went from a loss to a profit before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 7 MNOK and 7 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.7 MNOK 10.0 7 MNOK
EV/EBIT Operating profit: 0.9 MNOK
minus net debt 0.3 MNOK
8.0 7 MNOK
P/B Equity: −0.3 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −42.1% (median 33.4%).

  • critical

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

    Based on: Current ratio 0.41 (median 1.42).

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

Financial costs were 8.5% 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.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2021

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

Components · 2024

What the score is made of

Profitability94 weight 30%
Solidity0 weight 25%
Liquidity7 weight 15%
Growth19 weight 15%
Consistency24 weight 15%

Durability: 23 (average over 3 years)

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

2024

Questions and answers

How profitable is Multi Grunnmur AS?

The operating margin was 21.0% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 126.6%.

How solid is Multi Grunnmur AS?

The equity ratio was −42.1% in 2024 (median 33.4%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Multi Grunnmur AS like?

The current ratio was 0.41 in 2024 (median 1.42). Current assets did not cover current liabilities.

How does Multi Grunnmur AS compare in Bygg og anlegg?

Multi Grunnmur AS ranks 14,484 of 19,404 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 8,950 of 12,197. Revenue changed by −21.2% from the year before.

From the Central Coordinating Register

Org. no.
963996608
Legal form
AS
Sector
Bygg og anlegg (43.990)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
30 March 1992 34 years in operation
Share capital
0.10 MNOK
Business address
Industriveien 5G, 7072 HEIMDAL (TRONDHEIM)
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
Audit
Audit opted out from 10 November 2015
Latest accounts filed
2024

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

Loading roles …

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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index82636
Rank27514,94314,484
Operating margin−20.7%−0.1%21.0%
Return on assets−44.0%−0.1%126.6%
Equity ratio−44.5%−31.7%−42.1%
Current ratio0.580.630.41
Revenue growth–32.2%−21.2%

Accounts

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

Key figure202220232024
Operating revenue4.3 MNOK5.7 MNOK4.5 MNOK
Operating profit−0.9 MNOK0.0 MNOK0.9 MNOK
Profit before tax−1.0 MNOK−0.1 MNOK0.9 MNOK
Net profit−0.8 MNOK−0.1 MNOK0.7 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets2.0 MNOK3.1 MNOK0.8 MNOK
Current assets1.4 MNOK2.3 MNOK0.3 MNOK
Equity−0.9 MNOK−1.0 MNOK−0.3 MNOK
Retained earnings−1.0 MNOK−1.1 MNOK−0.4 MNOK
Total liabilities2.9 MNOK4.1 MNOK1.1 MNOK
Current liabilities2.5 MNOK3.7 MNOK0.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6275915.