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TIMBER HILL AS989 227 866

Other Real Estate
Limited company
Tømmeråsen 12 5232 PARADIS, Norge
Services
/ Other Real Estate
/ 68.320 Management of real estate on a fee or contract basis

TIMBER HILL AS

Organization

Chairman of the board
LE

Leif Erichsen1957

Years since formation
19 years
since Feb 7, 2006
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
30,000
1 share class
Total number of shareholders
2
persons
Belongs to group of

Financials

Total operating income 2024
210,000
NOK
Annual total result 2024
10,604,150
NOK
Total equity 2024
13,498,707
NOK
Last update: Sep 15, 2025

Management

Board

NameRoleShares
LE

Leif Erichsen

1957

Contact Person, Chairman
24.26 %
directly
JH

Jannecke Helle Riisøen

1964

Alternate Member
75.74 %
directly

Others

NameRoleShares
R
RSM NORGE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
JH

Jannecke Helle Riisøen

1964

Alternate Member
75.74 %
directly
LE

Leif Erichsen

1957

Contact Person, Chairman
24.26 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
JH

Jannecke Helle Riisøen

1964

Ordinary shares
22,721
75.74 %
LE

Leif Erichsen

1957

Ordinary shares
7,279
24.26 %

Shares owned by the TIMBER HILL AS

NameShare classTotal number of sharesShare
T
TIMBER HILL EIENDOM AS
Ordinary shares
15,000
100 %
T
TIMBER HILL SPAIN AS
Ordinary shares
7,500
50 %
L
LINDÅSTUNET AS
Ordinary shares
250
50 %
M
MANCON AS
Ordinary shares
750
50 %
T
TØTTEMOR AS
Ordinary shares
15,000
42.86 %
D
DS AS FORTO
Ordinary shares
193
32.17 %
Ø
ØKOPLAN A/S
Ordinary shares
170
17 %
M
MOCCO AS
Ordinary shares
800
0.22 %
Last update: Jun 2, 2025

Group structure

  • TIMBER HILL AS
    Total operating income 2024: NOK 210,000
    Operating profit 2024: NOK 6,712
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
210,000
210,000
300,000
590,000
Annual Total Result
10,604,150
1,419,948
354,657
1,358,892
Total assets
14,061,782
4,258,073
4,070,033
3,957,663
Total liabilities
563,075
948,516
1,105,077
1,147,072
Total equity
13,498,707
3,309,557
2,964,956
2,810,591

P&L

Year2024202320222021
Total operating income
210,000
210,000
300,000
590,000
Total operating costs
203,288
66,260
52,886
506,907
Operating result
6,712
143,740
247,115
83,094
Financial income/costs
10,602,889
1,297,465
164,036
1,392,741
Profit before tax
10,609,600
1,441,205
411,150
1,475,834
Total tax & extraordinary income/cost
5,450
21,257
56,493
116,942
Annual Total Result
10,604,150
1,419,948
354,657
1,358,892

Balance overview

Year2024202320222021
Total fixed assets
12,963,885
2,490,385
2,265,635
2,007,635
Total current assets
1,097,897
1,767,688
1,804,398
1,950,028
Total assets
14,061,782
4,258,073
4,070,033
3,957,663
Short term debt
563,075
948,516
1,105,077
1,147,072
Long term debt
0
0
0
0
Total liabilities
563,075
948,516
1,105,077
1,147,072
Contributed capital
39,000
179,000
1,179,000
1,179,000
Retained earnings
13,459,707
3,130,557
1,785,956
1,631,591
Total equity
13,498,707
3,309,557
2,964,956
2,810,591
Total equity and liabilities
14,061,782
4,258,073
4,070,033
3,957,663

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
L
Main industrial area
Real estate activities
68
Activity
Real estate activities
68.3
Main industrial group
Real estate activities on a fee or contract basis
68.32
Industrial group
Management of real estate on a fee or contract basis
68.320
Industrial group
Management of real estate on a fee or contract basis