GRUNNLINK AS

Org. no. 827469262 · FARSUND · Founded 2021 · 15 employees

Score · fiscal year 2025

62of 100

How to read this: the company is ahead of 74 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 1,456 of 5,567 · What are Morning company classes?
Place in the whole sector: 5,361 of 20,428 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 97 and solidity 33 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

GRUNNLINK AS is 11 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,567 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 24.0% (median 4.5%) and equity ratio 24.8% (median 34.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue21 MNOK19 MNOK
Operating margin 24.0% 4.5% 98 %
Profit margin 23.9% 4.3% shown, not part of the index
Return on assets 47.7% 11.0% 97 %
Equity ratio 24.8% 34.2% 35 %
Debt-to-equity 3.03 1.72 30 %
Current ratio 1.23 1.48 32 %
Revenue growth 149.8% 6.0% 97 %
Revenue per employee1.38 MNOK1.70 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 62, GRUNNLINK AS does better than 74% of companies in the Morning class Small in the same sector (5,567 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GRUNNLINK AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

GRUNNLINK AS has a score of 62 for 2025, rank 5,361 of 20,428 in the sector.

Strongest: Profitability: percentile 97 against peers, operating margin 24.0% against a median of 4.5%. Growth: percentile 97 against peers, revenue growth 149.8% against a median of 6.0%.

Weakest: Liquidity: percentile 32 against peers, current ratio 1.23 against a median of 1.48. Solidity: percentile 33 against peers, equity ratio 24.8% against a median of 34.2%.

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

GRUNNLINK AS had an operating margin of 24.0% and an equity ratio of 24.8% in 2025, and ranks 5,361 of 20,428 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 150% and the operating margin rose from 3.4% to 24.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 3 MNOK and 43 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.9 MNOK 10.0 39 MNOK
EV/EBIT Operating profit: 5.0 MNOK
minus net debt −3.3 MNOK
8.0 43 MNOK
P/B Equity: 2.6 MNOK 1.0 3 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

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 0.4% 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.

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 · 2025

What the score is made of

Profitability97 weight 30%
Solidity33 weight 25%
Liquidity32 weight 15%
Growth97 weight 15%
Consistency38 weight 15%

Durability: 50 (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 GRUNNLINK AS?

The operating margin was 24.0% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 47.7%.

How solid is GRUNNLINK AS?

The equity ratio was 24.8% in 2025 (median 34.2%). Debt-to-equity was 3.03 (median 1.72).

What is the liquidity of GRUNNLINK AS like?

The current ratio was 1.23 in 2025 (median 1.48).

How does GRUNNLINK AS compare in Bygg og anlegg?

GRUNNLINK AS ranks 5,361 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 1,456 of 5,567. Revenue changed by 149.8% from the year before.

From the Central Coordinating Register

Org. no.
827469262
Legal form
AS
Sector
Bygg og anlegg (43.120)
Morning company class
Small
Employees
15 registered 10 May 2026
Founded
8 July 2021 5 years in operation
Share capital
0.10 MNOK
Business address
Oreveien 41, 4560 VANSE (FARSUND)
Municipality
Farsund rank 5–15 of 40 in KOSTRA group 1
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

Chief executive
Odd Erling Egra
Chair of the board
Odd Erling Egra
Auditor
CEDRA NORGE AS
Accountant
LISTA REGNSKAPSLAG 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 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index444362
Rank10,96412,2955,361
Operating margin4.5%3.4%24.0%
Return on assets12.1%7.9%47.7%
Equity ratio30.9%34.6%24.8%
Current ratio1.191.211.23
Revenue growth–−32.6%149.8%

Accounts

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

Key figure202320242025
Operating revenue12.3 MNOK8.3 MNOK20.7 MNOK
Operating profit0.6 MNOK0.3 MNOK5.0 MNOK
Profit before tax0.5 MNOK0.3 MNOK4.9 MNOK
Net profit0.4 MNOK0.2 MNOK3.9 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.6 MNOK3.6 MNOK10.5 MNOK
Current assets3.6 MNOK2.6 MNOK9.3 MNOK
Equity1.4 MNOK1.2 MNOK2.6 MNOK
Retained earnings1.3 MNOK1.1 MNOK2.5 MNOK
Total liabilities3.2 MNOK2.3 MNOK7.9 MNOK
Current liabilities3.0 MNOK2.2 MNOK7.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6377069.