TIMB EIENDOM AS • 917856303 • Drammen • Construction of buildings

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/ Purchase and sale

TIMB EIENDOM AS

Keywords

real estatesalesdevelopment

Organization

CEO: BM
Bjørn Michalsen1980
Chairman of the board: TM
Tom Helton Michalsen1959
Years since formation: 8 years; since Oct 19, 2016
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 3,520,633; NOK
Annual total result 2023: 7,090,223; NOK
Total equity 2023: 40,369,455; NOK

Last update: Sep 7, 2024

Management

Management / administration

Name	Role	Shares
BM Bjørn Michalsen 1980	Managing Director/CEO	50 % indirectly

Board

Name	Role	Shares
TM Tom Helton Michalsen 1959	Chairman	17 % indirectly
BM Bjørn Michalsen 1980	Board Member	50 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-
I IC REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BM Bjørn Michalsen 1980	Managing Director/CEO, Board Member	50 % indirectly
TM Tom Helton Michalsen 1959	Chairman	17 % indirectly
SF Sidsel Fernmo 1956	-	17 % indirectly
MB Markus Benjamin Fernmo Michalsen 1995	-	16 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
T TIMB HOLDING AS	Ordinary shares	100	100 %

Shares owned by the TIMB EIENDOM AS

Name	Share class	Number of shares	Share
I IG EIENDOM AS	Ordinary shares	100	100 %
K KONNERUDGATA 324 AS	Ordinary shares	30	100 %
K KNOFFS GATE 10 AS	Ordinary shares	5,175	100 %
T TBM EIENDOM AS	Ordinary shares	15	50 %
G GRANITTLIA UTVIKLING AS	Ordinary shares	250	50 %

Last update: May 24, 2024

Group structure

TIMB HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -76,782
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	3,520,633	467,934	612,161
Annual Total Result	7,090,223	9,035,914	1,410,338
Total assets	54,925,210	49,508,474	43,863,778
Total liabilities	14,555,755	7,775,357	11,166,575
Total equity	40,369,455	41,733,116	32,697,203

P&L

Year	2023	2022	2021
Total operating income	3,520,633	467,934	612,161
Total operating costs	4,513,815	3,968,195	241,444
Operating result	-993,182	-3,500,261	370,717
Financial income/costs	4,884,401	12,536,175	139,231
Profit before tax	3,891,219	9,035,914	509,949
Total tax & extraordinary income/cost	-3,199,004	0	-900,389
Annual Total Result	7,090,223	9,035,914	1,410,338

Balance overview

Year	2023	2022	2021
Total fixed assets	18,113,403	11,527,486	3,325,532
Total current assets	36,811,807	37,980,988	40,538,246
Total assets	54,925,210	49,508,474	43,863,778
Short term debt	10,084,504	2,762,157	5,753,545
Long term debt	4,471,251	5,013,201	5,413,030
Total liabilities	14,555,755	7,775,357	11,166,575
Contributed capital	7,631,543	7,631,543	7,631,543
Retained earnings	32,737,912	34,101,573	25,065,660
Total equity	40,369,455	41,733,116	32,697,203
Total equity and liabilities	54,925,210	49,508,474	43,863,778

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate