GLOMMEN SKOG AS
Score · fiscal year 2023
28of 100
How to read this: the company is ahead of 16 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 20,871 of 26,382 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 9 and solidity 46 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
GLOMMEN SKOG AS is 21 points below the median for medium-sized companies in the same sector in 2023.
Median score 49 among 1,400 companies.
Against medium-sized companies in the same sector in 2023: operating margin −0.7% (median 3.3%) and equity ratio 30.7% (median 32.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 251 MNOK | 183 MNOK |
| Operating margin | −0.7% | 3.3% |
| Profit margin | −0.7% | 3.1% |
| Return on assets | −5.1% | 11.2% |
| Equity ratio | 30.7% | 32.5% |
| Debt-to-equity | 2.26 | 2.03 |
| Current ratio | 1.42 | 1.40 |
| Revenue growth | – | 4.2% |
| Revenue per employee | 22.86 MNOK | 6.24 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 28, GLOMMEN SKOG AS does better than 16% of medium-sized companies in the same sector (1,400 companies) in 2023.
Score 2023–2025
- GLOMMEN SKOG AS
- Median: medium-sized companies in the same sector
What the numbers say
GLOMMEN SKOG AS had an operating margin of −0.7% and an equity ratio of 30.7% in 2023, and ranks 20,871 of 26,382 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 11 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 11 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 −0.7% (median 3.1%).
- 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 −0.7% (median 3.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −134.9%. 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 | 9 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 13 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is GLOMMEN SKOG AS?
The operating margin was −0.7% in 2023, against a median of 3.3% among medium-sized companies in the same sector. Return on assets was −5.1%. The company made a loss before tax.
How solid is GLOMMEN SKOG AS?
The equity ratio was 30.7% in 2023 (median 32.5%). Debt-to-equity was 2.26 (median 2.03).
What is the liquidity of GLOMMEN SKOG AS like?
The current ratio was 1.42 in 2023 (median 1.40).
How does GLOMMEN SKOG AS compare in Handel?
GLOMMEN SKOG AS ranks 20,871 of 26,382 in Handel for 2023. Among companies of the same size (medium-sized companies) it ranks 1,173 of 1,400.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 18 December 2024 | Forsvarsbygg | Rammeavtale skogforvaltningstjenester | value not stated |
| 12 June 2019 | Oslo kommune v/ Bymiljøetaten | Anskaffelse av rammeavtale for kjøp av tømmerdrift og tømmersalg | 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 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.
- 941306594
- Legal form
- AS
- Sector
- Handel (46.830)
- Size tier
- medium
- Employees
- 11 registered 10 September 2026
- Founded
- 27 October 1986 40 years in operation
- Share capital
- 4.00 MNOK
- Business address
- Grindalsvegen 3, 2406 ELVERUM
- Municipality
- Elverum rank 25 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.glommenskog.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
- Christian Gjærum
- Chair of the board
- Torgrim Fjellstad
- Board member
- Inger Marie Jøranli
- Board member
- Gudmund Nordtun
- Deputy member
- Håkon Bakken
- Auditor
- KPMG AS
- Accountant
- SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET AS
Source: Central Coordinating Register, fetched 25 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 | 28 | 44 | 21 | |
| Rank | 20,871 | 17,708 | 26,606 | |
| Operating margin | −0.7% | −0.5% | −1.3% | |
| Return on assets | −5.1% | −5.5% | −8.9% | |
| Equity ratio | 30.7% | 36.8% | 18.9% | |
| Current ratio | 1.42 | 1.54 | 1.21 | |
| Revenue growth | – | 19.6% | −2.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 251.5 MNOK | 300.9 MNOK | 292.9 MNOK |
| Operating profit | −1.9 MNOK | −1.6 MNOK | −3.9 MNOK |
| Profit before tax | −1.8 MNOK | −1.6 MNOK | −3.9 MNOK |
| Net profit | −1.4 MNOK | −1.2 MNOK | −3.1 MNOK |
| Financial expenses | – | – | 0.0 MNOK |
| Total assets | 34.7 MNOK | 28.4 MNOK | 43.8 MNOK |
| Current assets | 34.0 MNOK | 27.7 MNOK | 43.0 MNOK |
| Equity | 10.6 MNOK | 10.5 MNOK | 8.3 MNOK |
| Retained earnings | 0.6 MNOK | – | – |
| Total liabilities | 24.0 MNOK | 18.0 MNOK | 35.5 MNOK |
| Current liabilities | 24.0 MNOK | 18.0 MNOK | 35.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4635233.
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