GROVE-KNUTSEN & CO AS
Score · fiscal year 2025
55of 100
How to read this: the company is ahead of 63 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 15,194 of 38,671 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 82 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
GROVE-KNUTSEN & CO AS is 6 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 2,198 companies.
Against medium-sized companies in the same sector in 2025: operating margin 2.9% (median 3.2%) and equity ratio 61.2% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 190 MNOK | 173 MNOK |
| Operating margin | 2.9% | 3.2% |
| Profit margin | 2.2% | 3.2% |
| Return on assets | 8.7% | 11.6% |
| Equity ratio | 61.2% | 32.6% |
| Debt-to-equity | 0.63 | 2.03 |
| Current ratio | 2.89 | 1.38 |
| Revenue growth | −0.4% | 6.8% |
| Revenue per employee | 9.50 MNOK | 6.45 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 55, GROVE-KNUTSEN & CO AS does better than 63% of medium-sized companies in the same sector (2,203 companies) in 2025.
Score 2023–2025
- GROVE-KNUTSEN & CO AS
- Median: medium-sized companies in the same sector
GROVE-KNUTSEN & CO AS has a score of 55 for 2025, rank 15,194 of 38,671 in the sector.
Strongest: Liquidity: percentile 88 against peers, current ratio 2.89 against a median of 1.38. Solidity: percentile 82 against peers, equity ratio 61.2% against a median of 32.6%.
Weakest: Growth: percentile 25 against peers, revenue growth −0.4% against a median of 6.8%. Consistency: percentile 36 against peers.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
GROVE-KNUTSEN & CO AS had an operating margin of 2.9% and an equity ratio of 61.2% in 2025, and ranks 15,194 of 38,671 in Handel.
From 2024 to 2025: went from a loss to a profit before tax and the operating margin rose from −7.8% to 2.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 32 MNOK and 46 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 32 MNOK |
| EV/EBIT | 8.0 | 41 MNOK |
| P/B | 1.0 | 46 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 43 | weight 30% |
|---|---|---|
| Solidity | 82 | weight 25% |
| Liquidity | 88 | weight 15% |
| Growth | 25 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 50 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is GROVE-KNUTSEN & CO AS?
The operating margin was 2.9% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 8.7%.
How solid is GROVE-KNUTSEN & CO AS?
The equity ratio was 61.2% in 2025 (median 32.6%). Debt-to-equity was 0.63 (median 2.03).
What is the liquidity of GROVE-KNUTSEN & CO AS like?
The current ratio was 2.89 in 2025 (median 1.38).
How does GROVE-KNUTSEN & CO AS compare in Handel?
GROVE-KNUTSEN & CO AS ranks 15,194 of 38,671 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 811 of 2,203. Revenue changed by −0.4% from the year before.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 14 March 2025 | Sykehusbygg HF | K9671 AGV-vogner - Ny utlysning | value not stated |
| 22 August 2022 | Politiets fellestjenester | Transport- og oppbevaringskasser | 3.0 MNOK (framework) |
| 11 December 2019 | Oslo kommune v/Vann- og avløpsetaten | Rammeavtale for kjøp av kumstiger | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 886019262
- Legal form
- AS
- Sector
- Handel (46.630)
- Size tier
- medium
- Employees
- 20 registered 10 October 2026
- Founded
- 10 April 2003 23 years in operation
- Share capital
- 0.87 MNOK
- Business address
- Innspurten 9, 0663 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Finn Gunnar Grove-Knutsen
- Chair of the board
- Kristoffer Lund Sandaker
- Board member
- Finn Gunnar Grove-Knutsen
- Board member
- Mikkel Fredrik Gedde
- Board member
- Ellen Cathrine Schartum Gedde
- Board member
- Tilde Grove-Knutsen
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 57 | 39 | 55 | |
| Rank | 13,178 | 25,973 | 15,194 | |
| Operating margin | −3.0% | −7.8% | 2.9% | |
| Return on assets | −4.5% | −15.9% | 8.7% | |
| Equity ratio | 61.9% | 54.6% | 61.2% | |
| Current ratio | 2.95 | 2.35 | 2.89 | |
| Revenue growth | – | −9.2% | −0.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 210.2 MNOK | 190.9 MNOK | 190.1 MNOK |
| Operating profit | −6.3 MNOK | −14.9 MNOK | 5.5 MNOK |
| Profit before tax | −6.1 MNOK | −14.0 MNOK | 4.2 MNOK |
| Net profit | −4.8 MNOK | −10.9 MNOK | 3.2 MNOK |
| Financial expenses | 2.1 MNOK | 1.3 MNOK | 2.3 MNOK |
| Total assets | 89.5 MNOK | 79.7 MNOK | 74.7 MNOK |
| Current assets | 85.7 MNOK | 73.4 MNOK | 69.3 MNOK |
| Equity | 55.4 MNOK | 43.5 MNOK | 45.8 MNOK |
| Retained earnings | 45.7 MNOK | 33.8 MNOK | 36.0 MNOK |
| Total liabilities | 34.1 MNOK | 36.2 MNOK | 29.0 MNOK |
| Current liabilities | 29.1 MNOK | 31.2 MNOK | 24.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6393661.
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