GRØNDALSELVA AS
Score · fiscal year 2023
26of 100
How to read this: the company is ahead of 14 % of small companies in the same sector in 2023. What does this mean?
Rank: 720 of 829 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 11 and solidity 38 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
GRØNDALSELVA AS is 24 points below the median for small companies in the same sector in 2023.
Median score 50 among 638 companies.
Against small companies in the same sector in 2023: operating margin −49.8% (median 23.8%) and equity ratio 29.4% (median 37.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 6 MNOK |
| Operating margin | −49.8% | 23.8% |
| Profit margin | −386.7% | 21.9% |
| Return on assets | −0.7% | 6.6% |
| Equity ratio | 29.4% | 37.1% |
| Debt-to-equity | 2.40 | 1.48 |
| Current ratio | 1.90 | 1.62 |
| Revenue growth | – | – |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 26, GRØNDALSELVA AS does better than 14% of small companies in the same sector (638 companies) in 2023.
Score 2023–2025
- GRØNDALSELVA AS
- Median: small companies in the same sector
What the numbers say
GRØNDALSELVA AS had an operating margin of −49.8% and an equity ratio of 29.4% in 2023, and ranks 720 of 829 in Kraft og energi.
GRØNDALSELVA AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 46 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −386.7% (median 21.9%).
- 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 −49.8% (median 23.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.6% of the debt in 2023. The policy rate averaged 3.54 % 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.
Scenario analysis: the sector's weakest year
The operating margin was −413.4% in 2025 (sector median 15.8%), and the equity ratio 15.7%. The company had a loss before tax that year. In the other years the operating margin averaged −37.5%.
The sector's weakest year was 2025, with a median operating margin of 15.8%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 11 | weight 30% |
|---|---|---|
| Solidity | 38 | weight 25% |
| Liquidity | 57 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 9 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is GRØNDALSELVA AS?
The operating margin was −49.8% in 2023, against a median of 23.8% among small companies in the same sector. Return on assets was −0.7%. The company made a loss before tax.
How solid is GRØNDALSELVA AS?
The equity ratio was 29.4% in 2023 (median 37.1%). Debt-to-equity was 2.40 (median 1.48).
What is the liquidity of GRØNDALSELVA AS like?
The current ratio was 1.90 in 2023 (median 1.62).
How does GRØNDALSELVA AS compare in Kraft og energi?
GRØNDALSELVA AS ranks 720 of 829 in Kraft og energi for 2023. Among companies of the same size (small companies) it ranks 552 of 638.
From the Central Coordinating Register
- Org. no.
- 998876532
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 September 2012 14 years in operation
- Share capital
- 0.84 MNOK
- Business address
- 7892 TRONES (NAMSSKOGAN)
- Municipality
- Namsskogan rank 20–36 of 36 in KOSTRA group 15
- 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
- Chair of the board
- Kristoffer Kjelstadli
- Board member
- Joen Anders Emil Averstad
- Auditor
- ERNST & YOUNG AS
- Accountant
- ENORA 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 26 | 31 | 12 | |
| Rank | 720 | 734 | 861 | |
| Operating margin | −49.8% | −25.2% | −413.4% | |
| Return on assets | −0.7% | −0.7% | −2.7% | |
| Equity ratio | 29.4% | 22.2% | 15.7% | |
| Current ratio | 1.90 | 0.62 | 0.72 | |
| Revenue growth | – | 104.6% | −75.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.2 MNOK | 4.4 MNOK | 1.1 MNOK |
| Operating profit | −1.1 MNOK | −1.1 MNOK | −4.5 MNOK |
| Profit before tax | −8.4 MNOK | −8.9 MNOK | −11.3 MNOK |
| Net profit | −8.4 MNOK | −8.9 MNOK | −11.3 MNOK |
| Financial expenses | 7.3 MNOK | 7.8 MNOK | 6.9 MNOK |
| Total assets | 157.2 MNOK | 167.6 MNOK | 165.5 MNOK |
| Current assets | 0.4 MNOK | 0.6 MNOK | 0.6 MNOK |
| Equity | 46.2 MNOK | 37.2 MNOK | 25.9 MNOK |
| Retained earnings | −26.8 MNOK | −35.7 MNOK | −47.0 MNOK |
| Total liabilities | 111.0 MNOK | 130.4 MNOK | 139.6 MNOK |
| Current liabilities | 0.2 MNOK | 1.0 MNOK | 0.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 4765765.
Further
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