Liquidity
Strong1.6
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
GROUNDUP AS
Org. no. 917 319 294 · Private limited company (AS) · Active · Skaren 46, 4480, KVINESDAL · KVINESDAL · 68.320 – Management of real estate on a fee or contract basis
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 31 May 2016
- Municipality
- KVINESDAL
- Industry code
- 68.320
GROUNDUP AS is a private limited company (as) registered in KVINESDAL since 2016. The organisation number is 917 319 294. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 10:46
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Strong11.3 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch14.1 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 1.3 m NOK
- +8.1 % vs. the year before
- Net result
- 98 k NOK
- Fiscal year 2025
- Equity
- 145 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 31 May 2016
- Place
- KVINESDAL
- Industry
- Management of real estate on a fee or contract basis
- 68.320
- Public contracts
- –
- Roles
- 4
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
91
av 100
Low risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 917 319 294
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 14 June 2016
- Date of incorporation
- 31 May 2016
- Number of employees
- No registered employees
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Skaren 464480 KVINESDALKVINESDAL municipalityNorgePostal address
Postboks4480 KVINESDALKVINESDAL municipalityNorgeIndustry
Industry and sector
- 68.320
Management of real estate on a fee or contract basis(main industry)
M Real estate activities › 68 Real estate activities › 68.3 Real estate activities on a fee or contract basis › 68.32 Management of real estate on a fee or contract basis
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Innkreving av husleie på honorar- eller kontraktbasis. Eiendomsforvaltning, f.eks. av fast eiendom eller boliger i sameie (for det meste utført på honorar- eller kontraktbasis). Taksering i forbindelse med kjøp, salg og utleie av fast eiendom på honorar- eller kontraktbasis. Deponeringsagentvirksomhet (escrowagentvirksomhet) i forbindelse med fast eiendom. Rådgivning på honorar- eller kontraktbasis i forbindelse med kjøp, salg og utleie av eiendom. Ekskluderer: Juridiske tjenester grupperes under 69.10 Juridisk tjenesteyting. Forvaltning av eiendeler som del av finansiell rådgivning grupperes under 70.20 Bedriftsrådgivning og annen administrativ rådgivning. Tjenesteyting i forbindelse med fasiliteter (kombinasjon av tjenesteytelser som f.eks. alminnelig innendørs rengjøring, vedlikehold og mindre reparasjoner, fjerning av avfall, vakt- og sikkerhetstjeneste) grupperes under 81.10 Kombinerte tjenester tilknyttet eiendomsdrift.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Å levere tjenester innen takst og konsulentarbeid. GroundUp AS tilbyr verdi/låne takst, skadetakst, forhåndstakst, eierskifterapport og andre nærliggende virksomheter innen takst. GroundUp AS tilbyr konsulentarbeider innen bygg og anlegg som for eksempel, kalkulering, prosjektering, søknader, byggeledelse og andre relevante tjenester innen konsulentarbeider for bygg og anlegg.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Strong1.6
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Strong11.3 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch14.1 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 1,293,930 | 1,197,058 | 843,938 | |
| Operating profit | 146,411 | -18,455 | -107,202 | |
| Profit before tax | 98,082 | -66,360 | -107,852 | |
| Net result | 98,082 | -66,360 | -107,852 | |
| Total assets | 1,027,361 | 960,142 | 330,031 | |
| Equity | 144,896 | 46,814 | 113,174 | |
| Liabilities | 882,465 | 913,328 | 216,856 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 1,293,930 NOK
- Net result 2025
- 98,082 NOK
- Revenue growth
- 8.1 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,293,930 NOK |
|---|---|
| Total operating expenses | 1,147,519 NOK |
| Operating profit | 146,411 NOK |
| Total financial expenses | 48,329 NOK |
| Net financial items | -48,329 NOK |
| Profit before tax | 98,082 NOK |
| Net result | 98,082 NOK |
Assets
| Total fixed assets | 627,480 NOK |
|---|---|
| Total current assets | 399,881 NOK |
| Total assets | 1,027,361 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 114,896 NOK |
| Total equity | 144,896 NOK |
| Current liabilities | 250,225 NOK |
| Long-term liabilities | 632,240 NOK |
| Total debt | 882,465 NOK |
| Total equity and liabilities | 1,027,361 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,197,058 NOK |
|---|---|
| Total operating expenses | 1,215,514 NOK |
| Operating profit | -18,455 NOK |
| Total financial expenses | 47,905 NOK |
| Net financial items | -47,905 NOK |
| Profit before tax | -66,360 NOK |
| Net result | -66,360 NOK |
Assets
| Total fixed assets | 740,903 NOK |
|---|---|
| Total current assets | 219,240 NOK |
| Total assets | 960,142 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 16,814 NOK |
| Total equity | 46,814 NOK |
| Current liabilities | 203,117 NOK |
| Long-term liabilities | 710,211 NOK |
| Total debt | 913,328 NOK |
| Total equity and liabilities | 960,142 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 843,938 NOK |
|---|---|
| Total operating expenses | 951,140 NOK |
| Operating profit | -107,202 NOK |
| Total financial income | 251 NOK |
| Total financial expenses | 901 NOK |
| Net financial items | -650 NOK |
| Profit before tax | -107,852 NOK |
| Net result | -107,852 NOK |
Assets
| Total fixed assets | 143,853 NOK |
|---|---|
| Total current assets | 186,178 NOK |
| Total assets | 330,031 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 83,174 NOK |
| Total equity | 113,174 NOK |
| Current liabilities | 216,856 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 216,856 NOK |
| Total equity and liabilities | 330,031 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 8.1 % | 41.8 % | – |
| Operating marginOperating profit divided by total operating revenue. | 11.3 % | -1.5 % | -12.7 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 7.6 % | -5.5 % | -12.8 % |
| Equity ratioTotal equity divided by total assets. | 14.1 % | 4.9 % | 34.3 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.6 | 1.08 | 0.86 |
| Debt ratioTotal liabilities divided by total equity. | 6.09 | 19.51 | 1.92 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 14.3 % | -1.9 % | -32.4 % |
| Return on equityNet profit divided by total equity. | 67.7 % | -141.8 % | -95.3 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerMorgan Pedersen
Board
- Chair of the boardJannicke Hornseth Jakobsen Pedersen
- Board memberMorgan Pedersen
Accountant
- AccountantFLYD AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
GROUNDUP AS
GROUNDUP AS
KVINESDAL
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| GROUNDUP ASManagement of real estate on a fee or contract basis | 917 378 878 | KVINESDAL | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 10:46
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 10:46
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 10:46
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 10:46
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 10:46
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 10:46
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources