TONS OF ROCK FESTIVAL AS • 912672581 • Oslo • Creative, arts and entertainment activities

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Culture and entertainment

/ Art

TONS OF ROCK FESTIVAL AS

Keywords

servicesperforming artstheater performancesconcertsoperasdance

Organization

CEO: JE
Jarle Einar Kvåle1977
Chairman of the board: MP
Martin Paul Olav Nielsen1983
Years since formation: 11 years; since Nov 26, 2013
Type: Limited company
VAT registered: Yes
Number of employees: 8

Ownership

Number of shares and share classes: 1,350; 1 share class
Total number of shareholders: 5; companies
Belongs to group of

Financials

Total operating income 2023: 205,833,473; NOK
Annual total result 2023: 18,813,575; NOK
Total equity 2023: 18,948,575; NOK

Last update: Oct 22, 2024

Management

Management / administration

Name	Role	Shares
JE Jarle Einar Kvåle 1977	Managing Director/CEO	10.3 % indirectly

Board

Name	Role	Shares
MP Martin Paul Olav Nielsen 1983	Chairman	-
MM Mads Martinsen 1974	Board Member	21.41 % indirectly
MV Morten Valestrand 1979	Board Member	-

Others

Name	Role	Shares
R REVISJON SØR AS	Auditor	-
G GERHARD & SØNN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MM Mads Martinsen 1974	Board Member	21.41 % indirectly
DM Dan Marius Buflod Nordhagen 1981	-	12.22 % indirectly
JE Jarle Einar Kvåle 1977	Managing Director/CEO	10.3 % indirectly
SI Svein Ivar Bjørge 1963	-	5.04 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
L LIVE NATION NORWAY AS	Ordinary shares	689	51.04 %
A AMBER AS	Ordinary shares	289	21.41 %
D DANICA AS	Ordinary shares	165	12.22 %
S STEMMEHAUGEN AS	Ordinary shares	139	10.3 %
R ROUNDABOUT AS	Ordinary shares	68	5.04 %

Last update: May 24, 2024

Group structure

LIVE NATION NORWAY AS
Total operating income 2023: NOK 583,300,379
Operating profit 2023: NOK 4,159,302
Employees: 30

Financials

in NOK

Summary

Year	2023	2022
Total operating income	205,833,473	150,446,613
Annual Total Result	18,813,575	28,518,412
Total assets	152,545,327	79,501,322
Total liabilities	133,596,752	47,250,053
Total equity	18,948,575	32,251,269

P&L

Year	2023	2022
Total operating income	205,833,473	150,446,613
Total operating costs	183,962,310	116,278,852
Operating result	21,871,163	34,167,761
Financial income/costs	2,521,942	2,039,008
Profit before tax	24,393,105	36,206,769
Total tax & extraordinary income/cost	5,579,530	7,688,357
Annual Total Result	18,813,575	28,518,412

Balance overview

Year	2023	2022
Total fixed assets	421,851	429,620
Total current assets	152,123,477	79,071,702
Total assets	152,545,327	79,501,322
Short term debt	133,596,752	47,250,053
Long term debt	0	0
Total liabilities	133,596,752	47,250,053
Contributed capital	135,000	2,300,234
Retained earnings	18,813,575	29,951,035
Total equity	18,948,575	32,251,269
Total equity and liabilities	152,545,327	79,501,322

Classification

Category

Culture and entertainment

/ Art

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

R

Main industrial area

Arts, entertainment and recreation

90

Activity

Creative, arts and entertainment activities

90.0

Main industrial group

Creative, arts and entertainment activities

90.02

Industrial group

Support activities to performing arts

90.020

Industrial group

Support activities to performing arts