2025 · company↑ 85,0 % from 2024
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COMPANY CARD COMPANY
GRO SANDE AS
Business reg. no. 880 126 822ASSTAVANGERIndustry code 64.323
Other captive investment companies
Equity ratio: Good · 92,4 % (2025)
2025 · company↑ 94,2 % from 2024
93,7 % EBIT margin
RegisteredRegistry data 14.11.2026
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 4 466 466 | 2 413 965 | 2 017 459 |
| Operating profit | 4 184 252 | 2 154 213 | 1 389 087 |
| Net income | 4 343 554 | 2 353 874 | 1 566 482 |
| Equity | 21 887 900 | 19 044 347 | 18 190 473 |
| Total assets | 23 686 360 | 20 802 325 | 20 632 243 |
| EBIT margin | 93,7 % | 89,2 % | 68,9 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
↑ 85,0 % from 2024
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
↑ 94,2 % from 2024
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Sources and conversion basis
Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.
- 2025 · NOK · original-NOK · source version 494c69a4c42d
- 2024 · NOK · original-NOK · source version e04bff3a0940
- 2023 · NOK · original-NOK · source version fe44472fde36
Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.
Income statement11 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total operating revenue | 4 466 466 | 2 413 965 | 2 017 459 |
| Operating expenses | |||
| Total operating expenses | 282 214 | 259 752 | 628 371 |
| Operating profit | |||
| Operating income (EBIT) | 4 184 252 | 2 154 213 | 1 389 087 |
| Financial income | |||
| Total finance income | 223 236 | 200 282 | 183 167 |
| Financial expenses | |||
| Other interest expense | — | 621 | 5 772 |
| Total finance costs | — | 621 | 5 772 |
| Net finance result | 223 236 | 199 661 | 177 395 |
| Results and tax | |||
| Income before tax | 4 407 488 | 2 353 874 | 1 566 482 |
| Tax expense on ordinary income | 63 934 | 0 | 0 |
| Net income | 4 343 554 | 2 353 874 | 1 566 482 |
| Total comprehensive income | 4 343 554 | 2 353 874 | 1 566 482 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 8 717 204 | 8 215 284 | 8 215 284 |
| Current assets | |||
| Total receivables | 3 704 908 | 1 770 144 | 1 477 715 |
| Total investments | 6 983 176 | 6 557 461 | 6 418 611 |
| Total cash and cash equivalents | 4 281 072 | 4 259 436 | 4 520 633 |
| Total current assets | 14 969 156 | 12 587 041 | 12 416 959 |
| Total assets | 23 686 360 | 20 802 325 | 20 632 243 |
| Equity | |||
| Total paid-in equity | 500 000 | 500 000 | 500 000 |
| Total retained earnings | 21 387 900 | 18 544 347 | 17 690 473 |
| Total equity | 21 887 900 | 19 044 347 | 18 190 473 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | — | 13 274 | 12 653 |
| Current liabilities | |||
| Total current liabilities | 1 798 460 | 1 744 704 | 2 429 117 |
| Total liabilities | 1 798 460 | 1 757 978 | 2 441 770 |
| Total | |||
| Total equity and liabilities | 23 686 360 | 20 802 325 | 20 632 243 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 64.323 · Other captive investment companies Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Lars Hertervigs gate 5, 4005 STAVANGER
- Founded
- 10.09.1998
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Lars Hertervigs gate 5, 4005 STAVANGER
Companies at the same address
Available company cards
About the address match
Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.
REGISTERED ROLES
The people and companies behind it.
Search registered roles →Explore positions and documented connections.
| Name | Role | Source date |
|---|---|---|
| ECIT FORRETNINGSPARTNER ASView role record | Accountant | 14.11.2026 |
| Liv Sande SpencerBorn 1966 | Deputy board member | 14.11.2026 |
| Martin SandeBorn 1972 | Chair of the board | 14.11.2026 |
| Kristine TveteraasBorn 1982 | Business manager | 14.11.2026 |
| KPMG ACCOUNTING ASView role record | Accountant | 14.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
Search shareholders →Find a shareholder and follow reported ownership entries.
As of 31 December 2025 · 6 of 6 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| DAG SANDEBorn 1963 · STAVANGER | 25,00 % · B-aksjer | 31.12.2025 |
| LIV SANDE SPENCERBorn 1966 · STAVANGER | 25,00 % · B-aksjer | 31.12.2025 |
| MARTIN SANDEBorn 1972 · STAVANGER | 25,00 % · B-aksjer | 31.12.2025 |
| DAG SANDEBorn 1963 · STAVANGER | 8,33 % · A-aksjer | 31.12.2025 |
| LIV SANDE SPENCERBorn 1966 · STAVANGER | 8,33 % · A-aksjer | 31.12.2025 |
| MARTIN SANDEBorn 1972 · STAVANGER | 8,33 % · A-aksjer | 31.12.2025 |
91,7 %displayed share of shares
- DAG SANDEB-aksjer25,00 %
- LIV SANDE SPENCERB-aksjer25,00 %
- MARTIN SANDEB-aksjer25,00 %
- DAG SANDEA-aksjer8,33 %
- LIV SANDE SPENCERA-aksjer8,33 %
- Other / undisplayed records8,33 %
Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.
Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.
Previously reported ownership entries (12)
- 2024 · DAG SANDE · 25,00 %
- 2024 · LIV SANDE SPENCER · 25,00 %
- 2024 · MARTIN SANDE · 25,00 %
- 2024 · DAG SANDE · 8,33 %
- 2024 · LIV SANDE SPENCER · 8,33 %
- 2024 · MARTIN SANDE · 8,33 %
- 2023 · DAG SANDE · 25,00 %
- 2023 · LIV SANDE SPENCER · 25,00 %
- 2023 · MARTIN SANDE · 25,00 %
- 2023 · DAG SANDE · 8,33 %
- 2023 · LIV SANDE SPENCER · 8,33 %
- 2023 · MARTIN SANDE · 8,33 %
YEAR-DATED OWNERSHIP
Company share entries
The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.
YEAR-DATED OWNERSHIP
Indirect ownership
Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.
CONNECTIONS
Explore the ownership structure.
Directly reported ownership entries are shown first. Open the map to explore further.
Direct ownership entries without an interactive map
As of 31 December 2025 · 6 of 6 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| DAG SANDEBorn 1963 · STAVANGER | 25,00 % · B-aksjer | 31.12.2025 |
| LIV SANDE SPENCERBorn 1966 · STAVANGER | 25,00 % · B-aksjer | 31.12.2025 |
| MARTIN SANDEBorn 1972 · STAVANGER | 25,00 % · B-aksjer | 31.12.2025 |
| DAG SANDEBorn 1963 · STAVANGER | 8,33 % · A-aksjer | 31.12.2025 |
| LIV SANDE SPENCERBorn 1966 · STAVANGER | 8,33 % · A-aksjer | 31.12.2025 |
| MARTIN SANDEBorn 1972 · STAVANGER | 8,33 % · A-aksjer | 31.12.2025 |
Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.
Open interactive map for direct ownership entries
CONNECTIONS
Explore the ownership structure.
See owners and open further company levels, using the same year throughout the tree.
Click a company to open owners. Select i for details.