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GROVE 10 AS
AS
Active
Org 941724787
Grova 10, 5600 Norheimsund
Rental and operating of own or leased real estate · NACE 6820
Est. 1986
6 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 4,6M
+6% vs 2024
EBITDA margin
64.9%
+2% vs 2024
Equity ratio
7.2%
Financial strength
Net profit 2025
NOK 688K
+29% vs 2024
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
2M
2021
2M
0%
2022
3M
+50%
2023
3M
0%
2024
3M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 4,6M
+6%
EBITDA
NOK 3M
+2%
Net profit
NOK 688K
+29%
Total assets
NOK 23,8M
-4%
Equity
NOK 1,7M
-10%
Employees
6
—
Company information
Legal name
GROVE 10 AS
Org number
941724787
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
4. september 1986
Share capital
NOK 300 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Grova 10, 5600 Norheimsund
Phone
+4756551650
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Companies in Rental and operating of own or leased real estate
Companies in Kvam
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
4M
2021
10M
2022
4M
2023
4M
2024
5M
2025
EBITDA
NOK millions
0M
1M
2M
3M
3M
2M
2021
2M
2022
3M
2023
3M
2024
3M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
3 853
10 198
4 279
4 319
4 575
Staff expenses
−606
−1 628
−607
−653
−730
EBITDA
2 319
2 446
2 719
2 914
2 969
Depreciation & amort.
−1 300
−1 579
−1 038
−1 009
−957
EBIT
1 018
867
1 681
1 905
2 011
Net financials
−626
−969
−1 218
−1 223
−1 129
Profit before tax
392
−103
463
682
882
Tax
87
−22
102
150
194
Net profit
306
−80
361
532
688
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
27 086
24 764
25 450
24 793
23 779
Equity
1 632
2 135
2 064
1 887
1 705
Long-term debt
24 324
22 184
22 177
21 464
20 349
Short-term debt
1 129
446
1 209
1 443
1 726
Total debt
25 454
22 630
23 386
22 906
22 074
Financial ratios
5-year trend
EBITDA margin
64.9%
This company
15.8%
Market median
+311% vs market
2021
2025
Equity ratio
7.2%
This company
38.2%
Market median
-81% vs market
2021
2025
Return on equity
40.4%
This company
18.4%
Market median
+120% vs market
2021
2025
Net profit margin
15.0%
This company
8.1%
Market median
+85% vs market
2021
2025
Asset turnover
0.19×
This company
1.12×
Market median
-83% vs market
2021
2025
Debt / equity
12.95×
This company
0.62×
Market median
-1989% vs market
2021
2025
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
Management
Actively employed in the business
Name
Role
Member since
Current (3)
TO
Torleif Ones
Chief Executive Officer
Chief Executive Officer
2016
OD
Ole Dominicus Storaas Ones
Deputy Member
Deputy Member
2016
SO
Synnøve Ones Rosales
Deputy Member
Deputy Member
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BS
Borghild Storaas Ones
Board of Directors
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ones As
Company
100%
100%
2024
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Company hierarchy
Ones As
GROVE 10 AS
(this company)
Board network connections
Board members of GROVE 10 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Torleif Ones
Chief Executive Officer
0 companies
Ole Dominicus Storaas Ones
Deputy Member
0 companies
Synnøve Ones Rosales
Deputy Member
0 companies
Borghild Storaas Ones
Board of Directors
0 companies