GL Prosjektservice AS
Score · fiscal year 2025
35of 100
How to read this: the company is ahead of 20 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 124 of 154 · What are Morning company classes?
Place in the whole sector: 15,639 of 20,428 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 28 and solidity 48 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
GL Prosjektservice AS is 16 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 154 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 1.7% (median 4.1%) and equity ratio 23.4% (median 23.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 655 MNOK | 898 MNOK |
| Operating margin | 1.7% | 4.1% |
| Profit margin | 2.0% | 4.6% |
| Return on assets | 7.1% | 10.3% |
| Equity ratio | 23.4% | 23.9% |
| Debt-to-equity | 3.27 | 3.17 |
| Current ratio | 1.17 | 1.22 |
| Revenue growth | −19.2% | 5.2% |
| Revenue per employee | 10.40 MNOK | 5.20 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 35, GL Prosjektservice AS does better than 20% of companies in the Morning class Large in the same sector (154 companies) in 2025.
Score 2023–2025
- GL Prosjektservice AS
- Median: companies in the Morning class Large in the same sector
GL Prosjektservice AS has a score of 35 for 2025, rank 15,639 of 20,428 in the sector.
Strongest: Solidity: percentile 48 against peers, equity ratio 23.4% against a median of 23.9%.
Weakest: Growth: percentile 9 against peers, revenue growth −19.2% against a median of 5.2%. Profitability: percentile 28 against peers, operating margin 1.7% against a median of 4.1%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 1.7% (median 4.1%).
- What lies behind weak growth, and will it last?
- What lies behind weak profitability, and will it last?
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
GL Prosjektservice AS had an operating margin of 1.7% and an equity ratio of 23.4% in 2025, and ranks 15,639 of 20,428 in Bygg og anlegg.
From 2024 to 2025: went from a loss to a profit before tax and revenue fell by 19%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 46 MNOK and 112 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 100 MNOK |
| EV/EBIT | 8.0 | 112 MNOK |
| P/B | 1.0 | 46 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
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin 1.7% (median 4.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.8% 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 | 28 | weight 30% |
|---|---|---|
| Solidity | 48 | weight 25% |
| Liquidity | 38 | weight 15% |
| Growth | 9 | weight 15% |
| Consistency | 47 | weight 15% |
Durability: 32 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GL Prosjektservice AS?
The operating margin was 1.7% in 2025, against a median of 4.1% among companies in the Morning class Large in the same sector. Return on assets was 7.1%.
How solid is GL Prosjektservice AS?
The equity ratio was 23.4% in 2025 (median 23.9%). Debt-to-equity was 3.27 (median 3.17).
What is the liquidity of GL Prosjektservice AS like?
The current ratio was 1.17 in 2025 (median 1.22).
How does GL Prosjektservice AS compare in Bygg og anlegg?
GL Prosjektservice AS ranks 15,639 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Large it is number 124 of 154. Revenue changed by −19.2% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- 52.3 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 14 October 2025 | Rogaland fylkeskommune | Karmsund vgs. Nye verkstedlokaler - E201 Grunn, betong og stålarbeider | 23.0 MNOK |
| 7 July 2025 | Rogaland fylkeskommune | Skeisvang vgs. Rehabilitering og nybygg - E203 Betongarbeider inkl. betongelementer og stål | 29.3 MNOK |
| 29 November 2022 | Rogaland Fylkeskommune | Haugalandet VGS - 200 - Grunn-, betong stål og utomhusarbeider (inkl betongelementer | 14.4 MNOK |
| 3 July 2020 | Stord Kommune | Nysæter ungdomsskule og fleirbrukshall | value not stated |
| 13 December 2019 | Haugesund kommune | Entreprise betongarbeider - Brakahaug skole | 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 27 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.
- 979729332
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Large
- Employees
- 63 registered 10 September 2026
- Founded
- 28 February 1998 28 years in operation
- Share capital
- 2.12 MNOK
- Business address
- Fotvegen 12, 4250 KOPERVIK (KARMØY)
- Municipality
- Karmøy rank 2–7 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.glp.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
- Geir Egil Høvring
- Chair of the board
- Svein Rune Eik Sørensen
- Board member
- Osvald Emil Ringstrand
- Board member
- Johnny Jansen
- Auditor
- Cedra Norge 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 27 | 33 | 35 | |
| Rank | 14,834 | 15,219 | 15,639 | |
| Operating margin | −0.1% | −0.8% | 1.7% | |
| Return on assets | 1.7% | −0.9% | 7.1% | |
| Equity ratio | 15.4% | 16.5% | 23.4% | |
| Current ratio | 1.21 | 1.18 | 1.17 | |
| Revenue growth | – | 32.1% | −19.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 613.7 MNOK | 810.7 MNOK | 655.3 MNOK |
| Operating profit | −0.9 MNOK | −6.7 MNOK | 11.1 MNOK |
| Profit before tax | 4.3 MNOK | −2.1 MNOK | 12.8 MNOK |
| Net profit | 3.4 MNOK | −1.7 MNOK | 10.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.2 MNOK | 1.1 MNOK |
| Total assets | 255.4 MNOK | 218.2 MNOK | 196.5 MNOK |
| Current assets | 250.1 MNOK | 213.5 MNOK | 172.0 MNOK |
| Equity | 39.3 MNOK | 36.1 MNOK | 46.1 MNOK |
| Retained earnings | 25.4 MNOK | – | 10.0 MNOK |
| Total liabilities | 216.0 MNOK | 182.1 MNOK | 150.4 MNOK |
| Current liabilities | 207.5 MNOK | 181.5 MNOK | 147.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6607213.
Further
Similar companies
- Firesafe AS index 35, rank 15,444 · compare
- Betonmast Oslo AS index 34, rank 15,701 · compare
- Backe Stor-Oslo AS index 34, rank 15,797 · compare
- Betonmast Trøndelag AS index 34, rank 15,872 · compare
- Consto Anlegg Nord AS index 34, rank 15,908 · compare