M GRØNVOLD AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Organization
- CEO
- MG
Morten Grønvold1962
- Chairman of the board
- SG
Stian Grønvold1992
- Years since formation
- 28 years
- since Jan 24, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 18
Ownership
- Number of shares and share classes
- 1,320
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 51,833,120
- NOK
- Annual total result 2024
- 1,457,168
- NOK
- Total equity 2024
- 6,718,340
- NOK
Last update: May 14, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MG 1962 | Managing Director/CEO | 51 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
MG 1962 | Deputy Chair | 51 % indirectly |
MG 1933 | Board Member | 2 % indirectly |
SG 1992 | Chairman | 40 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MG 1962 | Managing Director/CEO, Deputy Chair | 51 % indirectly |
SG 1992 | Chairman | 40 % indirectly |
AI | - | 7 % indirectly |
MG 1933 | Board Member | 2 % indirectly |
Last update: Feb 7, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,320 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -58,621Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 51,833,120 | 60,622,030 | 68,948,503 | 45,327,100 |
Annual Total Result | 1,457,168 | 5,284,353 | 3,740,968 | 1,918,902 |
Total assets | 22,203,172 | 22,336,710 | 22,660,178 | 17,423,829 |
Total liabilities | 15,484,832 | 15,575,537 | 18,683,358 | 11,387,977 |
Total equity | 6,718,340 | 6,761,173 | 3,976,820 | 6,035,852 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 51,833,120 | 60,622,030 | 68,948,503 | 45,327,100 |
Total operating costs | 49,724,922 | 53,749,132 | 64,120,416 | 42,830,051 |
Operating result | 2,108,198 | 6,872,898 | 4,828,087 | 2,497,049 |
Financial income/costs | -228,965 | -91,937 | -23,453 | -33,450 |
Profit before tax | 1,879,233 | 6,780,961 | 4,804,634 | 2,463,598 |
Total tax & extraordinary income/cost | 422,065 | 1,496,608 | 1,063,666 | 544,696 |
Annual Total Result | 1,457,168 | 5,284,353 | 3,740,968 | 1,918,902 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 10,477,442 | 7,660,606 | 2,318,955 | 1,677,242 |
Total current assets | 11,725,730 | 14,676,104 | 20,341,223 | 15,746,587 |
Total assets | 22,203,172 | 22,336,710 | 22,660,178 | 17,423,829 |
Short term debt | 12,309,628 | 13,579,207 | 18,060,676 | 10,670,575 |
Long term debt | 3,175,204 | 1,996,330 | 622,682 | 717,402 |
Total liabilities | 15,484,832 | 15,575,537 | 18,683,358 | 11,387,977 |
Contributed capital | 3,565,739 | 3,565,739 | 3,565,739 | 3,565,739 |
Retained earnings | 3,152,601 | 3,195,434 | 411,081 | 2,470,113 |
Total equity | 6,718,340 | 6,761,173 | 3,976,820 | 6,035,852 |
Total equity and liabilities | 22,203,172 | 22,336,710 | 22,660,178 | 17,423,829 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings