Gjervan AS

Org. no. 992590939 · Trondheim · Founded 2008 · 14 employees

Score · fiscal year 2024

67of 100

How to read this: the company is ahead of 81 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 1,003 of 5,345 · What are Morning company classes?
Place in the whole sector: 3,816 of 19,403 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 76 and solidity 84 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Gjervan AS is 16 points above the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 5,345 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 13.0% (median 4.7%) and equity ratio 59.4% (median 34.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue19 MNOK19 MNOK
Operating margin 13.0% 4.7% 86 %
Profit margin 10.4% 4.4% shown, not part of the index
Return on assets 16.7% 11.0% 66 %
Equity ratio 59.4% 34.8% 84 %
Debt-to-equity 0.68 1.72 83 %
Current ratio 1.26 1.49 33 %
Revenue growth 1.5% 4.1% 46 %
Revenue per employee1.37 MNOK1.67 MNOK

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

With an index of 67, Gjervan AS does better than 81% of companies in the Morning class Small in the same sector (5,345 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Gjervan AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Gjervan AS had an operating margin of 13.0% and an equity ratio of 59.4% in 2024, and ranks 3,816 of 19,403 in Bygg og anlegg.

From 2023 to 2024: the equity ratio rose from 49.5% to 59.4% and the operating margin fell from 16.9% to 13.0%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 10 MNOK and 24 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 2.5 MNOK
minus net debt −4.4 MNOK
8.0 24 MNOK
P/B Equity: 9.6 MNOK 1.0 10 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 · 2024

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 10.7% 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

No anomalies found in the figures.

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

Profitability76 weight 30%
Solidity84 weight 25%
Liquidity33 weight 15%
Growth46 weight 15%
Consistency77 weight 15%

Durability: 68 (average over 2 years)

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

2024

Questions and answers

How profitable is Gjervan AS?

The operating margin was 13.0% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 16.7%.

How solid is Gjervan AS?

The equity ratio was 59.4% in 2024 (median 34.8%). Debt-to-equity was 0.68 (median 1.72).

What is the liquidity of Gjervan AS like?

The current ratio was 1.26 in 2024 (median 1.49).

How does Gjervan AS compare in Bygg og anlegg?

Gjervan AS ranks 3,816 of 19,403 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 1,003 of 5,345. Revenue changed by 1.5% from the year before.

Public contracts

Contracts awarded since 2024
0
Total awarded value since 2024
value not stated
DateBuyerNotice ValueCPV
27 June 2023 Trondheim kommune Uttransport og håndtering av husdyrgjødsel fra Jonsvatnets nedslagsfelt 2023-2027 7.4 MNOK 90510000
1 June 2019 Kirkelig Fellesråd i Trondheim Parallelle rammeavtaler håndverker - entreprenør og vaktmestertjenester 2019-2023 value not stated 45000000

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.
992590939
Legal form
AS
Sector
Bygg og anlegg (43.120)
Morning company class
Small
Employees
14 registered 10 July 2026
Founded
25 March 2008 18 years in operation
Share capital
1.15 MNOK
Business address
Leirvegen 1, 7037 TRONDHEIM
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.gjervan.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
Bård Gjervan
Chair of the board
Bård Gjervan
Board member
Pål Sivert Espås
Board member
Kjetil Ween
Deputy member
Inger-Lise Persen
Auditor
BDO AS
Accountant
Melhus Regnskap 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.

Report an issue

Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index696737
Rank4,1473,81614,756
Operating margin16.9%13.0%−10.2%
Return on assets20.7%16.7%−9.6%
Equity ratio49.5%59.4%58.1%
Current ratio1.231.261.37
Revenue growth–1.5%−22.9%

Accounts

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

Key figure202320242025
Operating revenue18.9 MNOK19.2 MNOK14.8 MNOK
Operating profit3.2 MNOK2.5 MNOK−1.5 MNOK
Profit before tax3.4 MNOK2.0 MNOK−1.4 MNOK
Net profit2.7 MNOK1.4 MNOK−1.1 MNOK
Financial expenses0.0 MNOK0.7 MNOK0.0 MNOK
Total assets16.6 MNOK16.2 MNOK14.6 MNOK
Current assets9.8 MNOK7.5 MNOK6.0 MNOK
Equity8.2 MNOK9.6 MNOK8.5 MNOK
Retained earnings7.0 MNOK8.4 MNOK7.3 MNOK
Total liabilities8.4 MNOK6.6 MNOK6.1 MNOK
Current liabilities8.0 MNOK6.0 MNOK4.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6142983.