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T

TIOS AS988 626 392

Services for oil and gas
Limited company
Lagerveien 23 4033 STAVANGER, Norge

TIOS 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
20 years
since Sep 19, 2005
Type
Limited company
VAT registered
Yes
Number of employees
34

Ownership

Number of shares and share classes
2,000
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2023
1,407,222,464
NOK
Annual total result 2023
219,177,768
NOK
Total equity 2023
71,062,980
NOK
Last update: Nov 21, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

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

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
H
HASUND AS
Accountant-
Last update: Oct 25, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
2,000
100 %

Shares owned by the TIOS AS

NameShare classNumber of sharesShare
T
TIOS CREWING AS
Ordinary shares
26,000
100 %
A
AGAT TECHNOLOGY AS
Ordinary shares
200,000
100 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 1,407,222,464
    Operating profit 2023: NOK 276,420,514
    Employees: 34

Financials

in NOK

Summary

Year202320222021
Total operating income
1,407,222,464
899,187,733
885,306,972
Annual Total Result
219,177,768
34,720,424
90,607,472
Total assets
553,423,491
225,658,546
262,973,940
Total liabilities
482,360,511
155,993,979
193,411,398
Total equity
71,062,980
69,664,568
69,562,543

P&L

Year202320222021
Total operating income
1,407,222,464
899,187,733
885,306,972
Total operating costs
1,130,801,950
858,100,833
769,300,383
Operating result
276,420,514
41,086,900
116,006,588
Financial income/costs
4,873,291
3,762,372
177,697
Profit before tax
281,293,804
44,849,272
116,184,285
Total tax & extraordinary income/cost
62,116,036
10,128,848
25,576,813
Annual Total Result
219,177,768
34,720,424
90,607,472

Balance overview

Year202320222021
Total fixed assets
39,057,788
29,190,179
19,363,757
Total current assets
514,365,703
196,468,367
243,610,183
Total assets
553,423,491
225,658,546
262,973,940
Short term debt
477,342,128
153,549,339
193,080,248
Long term debt
5,018,383
2,444,640
0
Total liabilities
482,360,511
155,993,979
193,411,398
Contributed capital
1,232,750
1,232,750
1,232,750
Retained earnings
69,830,230
68,431,818
68,329,793
Total equity
71,062,980
69,664,568
69,562,543
Total equity and liabilities
553,423,491
225,658,548
262,973,941

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