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G

GRENLAND BOLIGBYGGELAG947 173 219

House building cooperative
Jernbanegata 25 3916 PORSGRUNN, Norge

GRENLAND BOLIGBYGGELAG

Operating
Å skaffe boliger til andelseierne gjennom borettslag eller på annen måte og å forvalte boliger for andelseierne.
a) Å forstå forvaltningen av bygg som nevnt og å organisere og forvalte andre tiltak som tjener andelseiernes boliginteresser. b) Å motta til forvaltning sparemidler fra andels- eierne i samsvar med bestemmelser gitt av Kongen. c) Å tegne andeler eller aksjer i selskap med begrenset ansvar som driver virksomhet av betyd- ning for boligsamvirket. d) Å forestå oppføring og forvaltning av bygg på vegne av andre enn andelseierne.

Organization

CEO
MB

Morten Borge1969

Chairman of the board
KO

Kjell Ove Tvinnereim1956

Years since formation
31 years
since Feb 19, 1995
Type
House building cooperative
VAT registered
Yes
Number of employees
53

Financials

Total operating income 2025
94,501,950
NOK
Annual total result 2025
28,932,408
NOK
Total equity 2025
293,346,592
NOK
Last update: Jul 13, 2026

Management

Management / administration

NameRoleShares
MB

Morten Borge

1969

Managing Director/CEO-

Board

NameRoleShares
KO

Kjell Ove Tvinnereim

1956

Chairman-
GO

Geir Olav Ryntveit

1965

Board Member-
AT

Anne Tilly Aas

1980

Board Member-
ME

Monica Esse

1987

Board Member-
RS

Roar Snippen

1963

Board Member-
AV

Audun Viken

1980

Alternate Member-
HT

Hilde Thorny Eikebu

1966

Alternate Member-
KS

Kjersti Sem Elverhøi

1981

Board Member-
KN

Kristian Norheim

1976

Board Member-
VJ

Venke Jorunn Skogen

1965

Board Member-
ME

Mette Eirin Sannerholt Andersen

1955

Alternate Member-
EW

Erik Waldemarsen

1985

Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
T
TC NEWCO NORWAY IV AS
Auditor-
Last update: Jul 23, 2026

Ownership

Shares owned by the GRENLAND BOLIGBYGGELAG

NameShare classTotal number of sharesShare
S
SKIEN SBBL EIENDOM AS
Closed
Ordinary shares
500
100 %
B
BOLIGBYGGELAGENES BOSERVICE AS
Ordinary shares
100
100 %
P
PBBL JERNBANEGATEN NÆRINGSEIENDOM AS
Ordinary shares
100
100 %
G
GBBL PROSJEKT AS
Ordinary shares
100
100 %
E
EIENDOMSMEGLER 1 TELEMARK AS
Closed
Ordinary shares
6,017
49 %
S
SØRMEGLEREN TELEMARK AS
Closed
Ordinary shares
900
30 %
B
BBL DATAKOMPETANSE AS
Ordinary shares
277,577
5.8 %
P
PORSGRUNN MIN BY AS
Ordinary shares
1
0.33 %
Last update: Jun 2, 2025

Group structure

  • GRENLAND BOLIGBYGGELAG
    Total operating income 2025: NOK 94,501,950
    Operating profit 2025: NOK 7,363,827
    Employees: 53

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
94,501,950
89,688,831
47,642,028
48,592,806
47,129,903
Annual Total Result
28,932,408
16,576,110
3,689,750
4,189,894
3,705,435
Total assets
403,354,814
369,041,869
97,741,969
94,708,000
94,068,800
Total liabilities
110,008,222
105,310,687
12,229,051
13,458,832
17,591,525
Total equity
293,346,592
263,731,184
85,512,918
81,249,168
76,477,274

P&L

Year20252024202320222021
Total operating income
94,501,950
89,688,831
47,642,028
48,592,806
47,129,903
Total operating costs
87,138,123
83,405,102
44,921,134
44,426,388
43,286,223
Operating result
7,363,827
6,283,729
2,720,894
4,166,418
3,843,680
Financial income/costs
25,423,054
14,692,280
2,618,344
1,377,365
1,014,232
Profit before tax
32,786,881
20,976,009
5,339,238
5,543,783
4,857,912
Total tax & extraordinary income/cost
3,854,473
4,399,899
1,649,488
1,353,889
1,152,477
Annual Total Result
28,932,408
16,576,110
3,689,750
4,189,894
3,705,435

Balance overview

Year20252024202320222021
Total fixed assets
259,560,630
239,986,385
60,962,661
57,460,610
18,988,394
Total current assets
143,794,184
129,055,484
36,779,308
37,247,390
75,080,406
Total assets
403,354,814
369,041,869
97,741,969
94,708,000
94,068,800
Short term debt
80,741,322
74,962,542
10,829,277
11,901,003
15,884,419
Long term debt
29,266,900
30,348,145
1,399,774
1,557,829
1,707,106
Total liabilities
110,008,222
105,310,687
12,229,051
13,458,832
17,591,525
Contributed capital
18,516,209
17,833,209
10,479,000
9,987,900
9,596,145
Retained earnings
274,830,383
245,897,975
75,033,918
71,261,268
66,881,129
Total equity
293,346,592
263,731,184
85,512,918
81,249,168
76,477,274
Total equity and liabilities
403,354,814
369,041,871
97,741,969
94,708,000
94,068,799

Classification

21st company classification
BETA
Small company
Type of organization
House building cooperative
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises