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GROW MANAGEMENT AS
AS
Active
Org 817892302
Grensesvingen 9, 0661 Oslo
Other support activities to arts and performing arts · NACE 9039
Est. 2016
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 27K
-71% vs 2023
EBITDA margin
45.7%
-82% vs 2023
Equity ratio
2.1%
Financial strength
Net profit 2024
NOK 10K
-82% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 27K
-71%
EBITDA
NOK 12K
-82%
Net profit
NOK 10K
-82%
Total assets
NOK 725K
-2%
Equity
NOK 15K
+0%
Employees
0
—
Company information
Legal name
GROW MANAGEMENT AS
Org number
817892302
Legal form
Aksjeselskap
NACE code
9039 · Other support activities to arts and performing arts
Founded
17. oktober 2016
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Drive management og konsulentvirksomhet overfor artister og eierskap i andre selskaper.
Contact
Address
Grensesvingen 9, 0661 Oslo
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Explore
Companies in Other support activities to arts and performing arts
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
97
74
120
93
27
Staff expenses
−7
−1
−0
−0
−0
EBITDA
−37
−40
103
66
12
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−37
−40
103
66
12
Net financials
−0
−0
0
1
0
Profit before tax
−37
−40
103
68
12
Tax
−6
−6
23
15
3
Net profit
−31
−34
80
53
10
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
805
760
760
742
725
Equity
30
16
15
15
15
Long-term debt
−6
0
0
0
0
Short-term debt
781
744
744
727
709
Total debt
775
744
744
727
709
Financial ratios
5-year trend
EBITDA margin
45.7%
This company
15.8%
Market median
+189% vs market
2020
2024
Equity ratio
2.1%
This company
38.2%
Market median
-95% vs market
2020
2024
Return on equity
61.8%
This company
18.4%
Market median
+236% vs market
2020
2024
Net profit margin
35.6%
This company
8.1%
Market median
+340% vs market
2020
2024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
45.85×
This company
0.62×
Market median
-7295% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AO
Adem Osman Adem
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AK
Amanuel Kidane
Board of Directors
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kid Invest As
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Kid Invest As
GROW MANAGEMENT AS
(this company)
Board network connections
Board members of GROW MANAGEMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Adem Osman Adem
Chief Executive Officer
0 companies
Amanuel Kidane
Board of Directors
0 companies