GRIMMERMAT AS
Score · fiscal year 2024
67of 100
How to read this: the company is ahead of 82 % of small companies in the same sector in 2024. What does this mean?
Rank: 6,575 of 37,175 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 72 and solidity 64 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
GRIMMERMAT AS is 17 points above the median for small companies in the same sector in 2024.
Median score 50 among 34,772 companies.
Against small companies in the same sector in 2024: operating margin 4.8% (median 2.2%) and equity ratio 62.3% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 81 MNOK | 4 MNOK |
| Operating margin | 4.8% | 2.2% |
| Profit margin | 5.7% | 2.0% |
| Return on assets | 20.6% | 3.7% |
| Equity ratio | 62.3% | 38.3% |
| Debt-to-equity | 0.61 | 0.97 |
| Current ratio | 2.50 | 1.68 |
| Revenue growth | 4.1% | 2.2% |
| Revenue per employee | 2.60 MNOK | 1.57 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 67, GRIMMERMAT AS does better than 82% of small companies in the same sector (34,889 companies) in 2024.
Score 2023–2025
- GRIMMERMAT AS
- Median: small companies in the same sector
What the numbers say
GRIMMERMAT AS had an operating margin of 4.8% and an equity ratio of 62.3% in 2024, and ranks 6,575 of 37,175 in Handel.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 14 MNOK and 45 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 36 MNOK |
| EV/EBIT | 8.0 | 45 MNOK |
| P/B | 1.0 | 14 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
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 0.0% 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.
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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 72 | weight 30% |
|---|---|---|
| Solidity | 64 | weight 25% |
| Liquidity | 65 | weight 15% |
| Growth | 54 | weight 15% |
| Consistency | 76 | weight 15% |
Durability: 67 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GRIMMERMAT AS?
The operating margin was 4.8% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 20.6%.
How solid is GRIMMERMAT AS?
The equity ratio was 62.3% in 2024 (median 38.3%). Debt-to-equity was 0.61 (median 0.97).
What is the liquidity of GRIMMERMAT AS like?
The current ratio was 2.50 in 2024 (median 1.68).
How does GRIMMERMAT AS compare in Handel?
GRIMMERMAT AS ranks 6,575 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 6,162 of 34,889. Revenue changed by 4.1% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 979983557
- Legal form
- AS · part of a group
- Sector
- Handel (47.110)
- Size tier
- small
- Employees
- 31 registered 10 October 2026
- Founded
- 5 June 1998 28 years in operation
- Share capital
- 0.80 MNOK
- Business address
- Rasmus Rønnebergs gate 21, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- 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
- Sverre Olav Sebjørnsen
- Chair of the board
- Egil Giørtz
- Board member
- Signy Starheim
- Deputy member
- Sverre Olav Sebjørnsen
- Auditor
- CEDRA NORGE AS
- Accountant
- NORGESGRUPPEN 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 68 | 67 | 68 | |
| Rank | 7,185 | 6,575 | 6,077 | |
| Operating margin | 4.9% | 4.8% | 5.2% | |
| Return on assets | 19.7% | 20.6% | 21.5% | |
| Equity ratio | 58.4% | 62.3% | 61.2% | |
| Current ratio | 2.28 | 2.50 | 2.37 | |
| Revenue growth | – | 4.1% | 7.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 77.4 MNOK | 80.6 MNOK | 86.9 MNOK |
| Operating profit | 3.8 MNOK | 3.9 MNOK | 4.5 MNOK |
| Profit before tax | 4.5 MNOK | 4.6 MNOK | 5.2 MNOK |
| Net profit | 3.5 MNOK | 3.6 MNOK | 4.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 22.7 MNOK | 22.2 MNOK | 24.3 MNOK |
| Current assets | 21.5 MNOK | 20.9 MNOK | 22.3 MNOK |
| Equity | 13.2 MNOK | 13.8 MNOK | 14.9 MNOK |
| Retained earnings | 12.4 MNOK | 13.0 MNOK | 14.1 MNOK |
| Total liabilities | 9.4 MNOK | 8.4 MNOK | 9.4 MNOK |
| Current liabilities | 9.4 MNOK | 8.4 MNOK | 9.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5492429.
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