TWIN GARAGE AS
Organization
- CEO
- LOLars Ole Berg1963 
- Chairman of the board
- RS
- Years since formation
- 6 years
- since Jan 3, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 2,810,388
- NOK
- Annual total result 2024
- -606,440
- NOK
- Total equity 2024
- -650,188
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| LO 1963 | Managing Director/CEO | - | 
Board
| Name | Role | Shares | 
|---|---|---|
| RS | Chairman | 50 % indirectly | 
| LO 1963 | Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| RS | Chairman | 50 % indirectly | 
| BH | - | 50 % indirectly | 
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 30 | 100 % | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 806,525Operating profit 2024: NOK 478,174Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 2,810,388 | 2,962,225 | 2,582,147 | 2,334,796 | 
| Annual Total Result | -606,440 | 104,597 | -316,202 | -39,673 | 
| Total assets | 1,364,811 | 2,020,574 | 1,638,478 | 1,209,778 | 
| Total liabilities | 2,014,999 | 2,064,323 | 1,786,823 | 1,041,921 | 
| Total equity | -650,188 | -43,748 | -148,345 | 167,857 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 2,810,388 | 2,962,225 | 2,582,147 | 2,334,796 | 
| Total operating costs | 3,296,988 | 2,808,786 | 2,977,135 | 2,373,909 | 
| Operating result | -486,600 | 153,439 | -394,988 | -39,113 | 
| Financial income/costs | -51,763 | -18,889 | -9,914 | -11,402 | 
| Profit before tax | -538,364 | 134,550 | -404,902 | -50,515 | 
| Total tax & extraordinary income/cost | 68,076 | 29,953 | -88,700 | -10,842 | 
| Annual Total Result | -606,440 | 104,597 | -316,202 | -39,673 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 54,100 | 131,976 | 180,489 | 91,665 | 
| Total current assets | 1,310,711 | 1,888,598 | 1,457,989 | 1,118,113 | 
| Total assets | 1,364,811 | 2,020,574 | 1,638,478 | 1,209,778 | 
| Short term debt | 1,826,199 | 1,489,357 | 1,786,823 | 1,041,921 | 
| Long term debt | 188,800 | 574,966 | 0 | 0 | 
| Total liabilities | 2,014,999 | 2,064,323 | 1,786,823 | 1,041,921 | 
| Contributed capital | 20,886 | 20,886 | 20,886 | 20,886 | 
| Retained earnings | -671,074 | -64,634 | -169,231 | 146,971 | 
| Total equity | -650,188 | -43,748 | -148,345 | 167,857 | 
| Total equity and liabilities | 1,364,811 | 2,020,574 | 1,638,478 | 1,209,778 | 
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