Grensen 3 AS
ASActiveOrg 932572621Bolette Brygge 1, 0252 OsloRental and operating of own or leased real estate· NACE 6820Est. 2023 · 3 years old0 employees
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Overview
Grensen 3 AS is a Norwegian AS based in Oslo, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2023, the company has 0 employees and reported revenue of NOK 17.9m in its latest annual filing.
Revenue 2025
17.9M NOK
−10% vs 2024
EBITDA margin
3.0 %
−94% vs 2024
Net profit 2025
0M NOK
0 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
72.8 %
StrongAmong the 40% highest rated companies in the industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
0.2×
Very weakAmong the 20% lowest rated companies in the industry
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.0 %
AverageAround the average of companies in the same industry
20232025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 17.9M NOK | -10% |
| EBITDA | 0.5M NOK | -94% |
| Net profit | 0M NOK | — |
| Total assets | 685.2M NOK | +3% |
| Equity | 498.6M NOK | +1% |
| Employees | 0 | — |
Company information
Legal name
GRENSEN 3 AS
Org number
932572621
Legal form
Aksjeselskap
NACE code
Founded
25 September 2023 · 3 years
Share capital
NOK 40,994,154
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Å investere i fast eiendom og eie fast eiendom.
(no translation available)
Address
Bolette Brygge 1, 0252 Oslo
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Financial development
In its most recent annual report (2025), Grensen 3 AS reported revenue of NOK 17.9m, a decrease of 10% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a break-even result, and the EBITDA margin stood at 3%.
At the end of 2025, equity financed 72.8% of the balance sheet, and current assets covered short-term debt 0.2 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 17,912 | 19,924 | 143,042 |
| Staff expenses | -0 | -0 | -0 |
| EBITDA | 536 | 9,487 | 138,973 |
| Depreciation & amort. | -0 | -0 | -0 |
| EBIT | 536 | 9,487 | 138,973 |
| Net financials | 3,851 | 30,426 | -590 |
| Profit before tax | 4,387 | 39,913 | 138,383 |
| Tax | 965 | 8,781 | 30,678 |
| Net profit | 0 | 0 | 107,705 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 685,196 | 665,235 | 626,150 |
| Equity | 498,613 | 495,191 | 480,123 |
| Long-term debt | 181,910 | 121,875 | 119,805 |
| Short-term debt | 4,672 | 48,169 | 26,223 |
| Total debt | 186,583 | 170,044 | 146,028 |
Financial ratios
5-year trendEBITDA margin
3.0 %
20232025
Equity ratio
72.8 %
StrongAmong the 40% highest rated companies in the industry
20232025
Return on equity
0.0 %
WeakAmong the 40% lowest rated companies in the industry
20232025
Net profit margin
0.0 %
WeakAmong the 40% lowest rated companies in the industry
20232025
Asset turnover
0.03×
AverageAround the average of companies in the same industry
20232025
Debt / equity
0.37×
StrongAmong the 40% highest rated companies in the industry
20232025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 30% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 40% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Weak
Among the 40% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 10% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
TR Board of Directors | Board of Directors | 2023 |
MA Board of Directors | Board of Directors | 2023 |
LE Chairman | Chairman | 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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Company hierarchy
Union Real Estate Fund Iv Holding As
Grensen 3 AS Board network connections
Board members of Grensen 3 AS also hold positions in 200 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Even Moe | Chairman | 106 companiesMany roles |
| Torgeir Røstberg | Board of Directors | 48 companiesMany roles |
| Marius Alfredsen | Board of Directors | 46 companiesMany roles |
Frequently asked questions
What is the Org number of Grensen 3 AS?
Grensen 3 AS is registered with Brønnøysundsregistrene under Org 932572621.
What is the revenue of Grensen 3 AS?
Grensen 3 AS reported revenue of NOK 17.9m in 2025.
Who is the chairman of Grensen 3 AS?
Lars Even Moe chairs the board of Grensen 3 AS.
Where is Grensen 3 AS headquartered?
Grensen 3 AS's registered address is Bolette Brygge 1.