Riskpilot← Back to searchSign inGet full accessGROW RECORDS AS
ASActiveOrg 915911307Grensesvingen 9, 0661 OsloLiterary creation and musical composition activities · NACE 9011Est. 20151 employees
Revenue 2024
NOK 3,1M
+22% vs 2023
EBITDA margin
3.3%
+114% vs 2023
Equity ratio
-112.7%
Financial strength
Net profit 2024
NOK 67K
+111% vs 2023
| Revenue | NOK 3,1M | +22% |
| EBITDA | NOK 104K | +114% |
| Net profit | NOK 67K | +111% |
| Total assets | NOK 735K | -47% |
| Equity | NOK -829K | +9% |
| Employees | 1 | — |
Legal name
GROW RECORDS AS
Org number
915911307
Legal form
Aksjeselskap
NACE code
9011 · Literary creation and musical composition activities
Founded
16. september 2015
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikling av artister, herunder produksjon og utgivelse av musikk, salg av opptredener/konserter, samt salg av andre varer og tjenester i tilknytning til artistvirksomhet, herunder salg av merchandise. Selskapet skal også drive forlagsvirksomhet. Selskapet kan også foreta investeringer og inneha eierskap i andre selskaper.
Address
Grensesvingen 9, 0661 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 626 | 2 006 | 2 524 | 2 552 | 3 117 |
| Staff expenses | −16 | −487 | −386 | −233 | −151 |
| EBITDA | −534 | −44 | −672 | −770 | 104 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 |
| EBIT | −534 | −44 | −672 | −770 | 104 |
| Net financials | −3 | −8 | −15 | −3 | −7 |
| Profit before tax | −537 | −53 | −687 | −773 | 97 |
| Tax | −117 | −9 | −150 | −159 | 29 |
| Net profit | −420 | −44 | −536 | −614 | 67 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 409 | 438 | 557 | 1 389 | 735 |
| Equity | −367 | −320 | −444 | −906 | −829 |
| Long-term debt | −10 | 0 | 0 | 0 | 0 |
| Short-term debt | 786 | 758 | 1 000 | 2 296 | 1 564 |
| Total debt | 776 | 758 | 1 000 | 2 296 | 1 564 |
EBITDA margin
3.3%
This company
15.8%
Market median
-79% vs market
20202024
Equity ratio
-112.7%
This company
38.2%
Market median
-395% vs market
20202024
Return on equity
6741300.0%
This company
18.4%
Market median
+36637400% vs market
20202024
Net profit margin
2.2%
This company
8.1%
Market median
-73% vs market
20202024
Asset turnover
4.24×
This company
1.12×
Market median
+279% vs market
20202024
Debt / equity
1.89×
This company
0.62×
Market median
-205% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AO Chief Executive Officer | Chief Executive Officer | 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Board of Directors | 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| 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.
Kid Invest As
GROW RECORDS AS Board members of GROW RECORDS 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 |