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G

GROVE-KNUTSEN & CO AS886 019 262

Purchase and sale
Limited company
Innspurten 9 0663 OSLO, Norge
Goods and trade
/ Purchase and sale
/ 46.630 Wholesale of mining, construction and civil engineering machinery

GROVE-KNUTSEN & CO AS

Organization

CEO
FG

Finn Gunnar Grove-Knutsen1977

Chairman of the board
TL

Tom Lysaker1954

Years since formation
22 years
since Sep 15, 2003
Type
Limited company
VAT registered
Yes
Number of employees
21

Ownership

Number of shares and share classes
145,000
1 share class
Total number of shareholders
2
companies

Financials

Total operating income 2024
190,917,350
NOK
Annual total result 2024
-10,895,874
NOK
Total equity 2024
43,528,765
NOK
Last update: May 17, 2025

Management

Management / administration

NameRoleShares
FG

Finn Gunnar Grove-Knutsen

1977

Managing Director/CEO-

Board

NameRoleShares
TL

Tom Lysaker

1954

Chairman-
FG

Finn Gunnar Grove-Knutsen

1977

Board Member-
MF

Mikkel Fredrik Gedde

1985

Board Member-
AG

Alf Grove-Knutsen

1948

Observer-
EC

Ellen Cathrine Schartum Gedde

1958

Board Member-
TG

Tilde Grove-Knutsen

1984

Board Member-

Others

NameRoleShares
B
BDO AS
Auditor-
Last update: May 28, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
B
BEANVEST AS
A-shares
72,500
50 %
G
GROVE-KNUTSEN HOLDING AS
A-shares
72,500
50 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
190,917,350
210,205,981
226,351,734
196,627,570
Annual Total Result
-10,895,874
-4,763,722
4,630,976
6,494,019
Total assets
79,724,602
89,485,420
97,697,208
88,131,685
Total liabilities
36,195,838
34,060,781
37,508,847
30,574,301
Total equity
43,528,765
55,424,639
60,188,361
57,557,385

P&L

Year2024202320222021
Total operating income
190,917,350
210,205,981
226,351,734
196,627,570
Total operating costs
205,782,487
216,520,094
220,381,832
185,128,571
Operating result
-14,865,137
-6,314,113
5,969,903
11,498,999
Financial income/costs
902,979
217,314
-18,739
-3,168,889
Profit before tax
-13,962,158
-6,096,799
5,951,164
8,330,109
Total tax & extraordinary income/cost
-3,066,284
-1,333,077
1,320,188
1,836,090
Annual Total Result
-10,895,874
-4,763,722
4,630,976
6,494,019

Balance overview

Year2024202320222021
Total fixed assets
6,317,485
3,806,379
1,571,129
2,163,456
Total current assets
73,407,117
85,679,041
96,126,079
85,968,229
Total assets
79,724,602
89,485,420
97,697,208
88,131,685
Short term debt
31,195,838
29,060,781
32,508,847
23,574,301
Long term debt
5,000,000
5,000,000
5,000,000
7,000,000
Total liabilities
36,195,838
34,060,781
37,508,847
30,574,301
Contributed capital
9,720,000
9,720,000
9,720,000
9,720,000
Retained earnings
33,808,765
45,704,639
50,468,361
47,837,385
Total equity
43,528,765
55,424,639
60,188,361
57,557,385
Total equity and liabilities
79,724,602
89,485,420
97,697,208
88,131,685

Classification

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.6
Main industrial group
Wholesale of machinery, equipment and supplies
46.63
Industrial group
Wholesale of mining, construction and civil engineering machinery
46.630
Industrial group
Wholesale of mining, construction and civil engineering machinery