What is the Org number of GROVE AS?

GROVE AS is registered with Brønnøysundsregistrene under Org 824533202.

What is the revenue of GROVE AS?

GROVE AS reported revenue of NOK 3,6M in 2025.

How many employees does GROVE AS have?

GROVE AS employs 5 people as of the latest annual report.

Who is the chairman of GROVE AS?

Christian Grove chairs the board of GROVE AS.

Where is GROVE AS headquartered?

GROVE AS's registered address is Revhaugvegen 6D, 4360 Varhaug.

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GROVE AS

ASActive

Org 824533202Revhaugvegen 6D, 4360 VarhaugSite preparation· NACE 4312Est. 2020 · 6 years old5 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	1 268	2 076	2 882	3 217	3 616
Staff expenses	−107	−487	−750	−1 109	−1 356
EBITDA	101	94	461	467	274
Depreciation & amort.	−279	−374	−444	−440	−298
EBIT	−178	−280	17	27	−24
Net financials	132	739	−16	−16	−21
Profit before tax	−46	459	1	11	−45
Tax	−0	−0	−0	−0	−0
Net profit	−46	459	1	11	−45

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	1 380	2 109	2 523	2 854	2 840
Equity	715	1 174	1 175	1 185	1 141
Long-term debt	530	722	889	1 204	1 166
Short-term debt	135	213	459	465	534
Total debt	665	935	1 348	1 669	1 699

Financial ratios

5-year trend

EBITDA margin

7.6%

This company

15.8%

Market median

-52% vs market

20212025

Equity ratio

40.2%

This company

38.2%

Market median

+5% vs market

20212025

Return on equity

-3.9%

This company

18.4%

Market median

-121% vs market

20212025

Net profit margin

-1.2%

This company

8.1%

Market median

-115% vs market

20212025

Asset turnover

1.27×

This company

1.12×

Market median

+13% vs market

20212025

Debt / equity

1.49×

This company

0.62×

Market median

-140% vs market

20212025

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
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

GROVE AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on GROVE AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on GROVE AS