TIMBER AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Links
Organization
- CEO
- TE
- Chairman of the board
- TE
- Years since formation
- 26 years
- since Feb 1, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 458
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
- Belongs to group of
Financials
- Total operating income 2024
- 11,489,366
- NOK
- Annual total result 2024
- 704,710
- NOK
- Total equity 2024
- 2,831,094
- NOK
Last update: Jul 5, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TE | Managing Director/CEO | 33.19 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TE | Chairman | 33.19 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KE | - | 33.41 % indirectly |
OB 1987 | - | 33.41 % indirectly |
TE | Managing Director/CEO, Chairman | 33.19 % directly |
Last update: Jul 9, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 306 | 66.81 % | |
TE | Ordinary shares | 152 | 33.19 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -7,768Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 11,489,366 | 12,066,428 | 8,764,897 | 11,478,841 |
Annual Total Result | 704,710 | 2,594,618 | -263,770 | -1,325,145 |
Total assets | 4,762,633 | 3,551,948 | 1,584,655 | 2,368,431 |
Total liabilities | 1,931,539 | 1,425,565 | 2,052,889 | 2,572,895 |
Total equity | 2,831,094 | 2,126,384 | -468,234 | -204,464 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 11,489,366 | 12,066,428 | 8,764,897 | 11,478,841 |
Total operating costs | 10,778,431 | 9,462,003 | 9,013,889 | 12,797,703 |
Operating result | 710,935 | 2,604,426 | -248,993 | -1,318,862 |
Financial income/costs | 309 | -9,808 | -14,778 | -6,283 |
Profit before tax | 711,244 | 2,594,618 | -263,770 | -1,325,145 |
Total tax & extraordinary income/cost | 6,534 | 0 | 0 | 0 |
Annual Total Result | 704,710 | 2,594,618 | -263,770 | -1,325,145 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,641,723 | 237,696 | 13,023 | 50,153 |
Total current assets | 3,120,910 | 3,314,252 | 1,571,633 | 2,318,278 |
Total assets | 4,762,633 | 3,551,948 | 1,584,655 | 2,368,431 |
Short term debt | 1,931,539 | 1,425,565 | 2,052,889 | 2,572,895 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 1,931,539 | 1,425,565 | 2,052,889 | 2,572,895 |
Contributed capital | 500,558 | 500,558 | 500,558 | 500,558 |
Retained earnings | 2,330,536 | 1,625,826 | -968,792 | -705,022 |
Total equity | 2,831,094 | 2,126,384 | -468,234 | -204,464 |
Total equity and liabilities | 4,762,633 | 3,551,948 | 1,584,655 | 2,368,431 |
Classification
Category
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
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings