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T

TCO NORWAY AS932 406 659

Services for oil and gas
Limited company
Storaneset 20 5260 INDRE ARNA, Norge

TCO NORWAY AS

Keywords

drillingexplorationdelineationproduction wellsdirectionalre-drillingtrial drillingcementingdrill pipeoil boreholegas boreholepluggingclosurewell funnel operationscasing servicesdrill samplesgeological observationswell planningmwd (measurement while drilling)lwd (logging while drilling)ml (mud logging)

Organization

Chairman of the board
Years since formation
2 years
since Nov 6, 2023
Type
Limited company
VAT registered
Yes
Number of employees
84

Ownership

Number of shares and share classes
30,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
425,081,563
NOK
Annual total result 2024
13,106,323
NOK
Total equity 2024
23,574,029
NOK
Last update: Aug 11, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Alternate Member-
Board Member-
Board Member-
Alternate Member-
Chairman-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
D
DATAPLAN ALPHA AS
Accountant-
A
AIDER AS
Accountant-

Top 10 individual shareholders

NameRoleShares
-
66.05 %
indirectly
-
24.32 %
indirectly
-
4.28 %
indirectly
-
4.28 %
indirectly
Last update: Feb 6, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
T
TCO GROUP AS
Ordinary shares
30,000
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 5,000,000
    Operating profit 2024: NOK -48,000,000
    Employees: 19

Financials

in NOK

Summary

Year2023
Total operating income
425,081,563
Annual Total Result
13,106,323
Total assets
262,810,593
Total liabilities
239,236,564
Total equity
23,574,029

P&L

Year2023
Total operating income
425,081,563
Total operating costs
389,729,272
Operating result
35,352,291
Financial income/costs
-22,629,230
Profit before tax
12,723,061
Total tax & extraordinary income/cost
-383,262
Annual Total Result
13,106,323

Balance overview

Year2023
Total fixed assets
14,870,670
Total current assets
247,939,923
Total assets
262,810,593
Short term debt
171,590,177
Long term debt
67,646,387
Total liabilities
239,236,564
Contributed capital
4,833,949
Retained earnings
18,740,080
Total equity
23,574,029
Total equity and liabilities
262,810,593

Classification

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
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.101
Industrial group
Drilling services for petroleum and natural gas extraction