TITAS EIENDOM AS • 922255326 • Oslo • Real estate activities

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Goods and trade

TITAS EIENDOM AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: NV
Niels Victor Aall Bugge1975
Chairman of the board: TI
Torstein Ingvald Tvenge1952
Years since formation: 6 years; since Feb 19, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 120; 4 share classes
Total number of shareholders: 5; persons
Belongs to group of

Financials

Total operating income 2023: 8,458,756; NOK
Annual total result 2023: 36,975,608; NOK
Total equity 2023: 391,682,514; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
NV Niels Victor Aall Bugge 1975	Managing Director/CEO	-

Board

Name	Role	Shares
TI Torstein Ingvald Tvenge 1952	Chairman	4.17 % directly
AT Annicken Tvenge 1982	Board Member	95.83 % directly
MT Marianne Tvenge 1978	Board Member	-
MT Magnus Tvenge 1979	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
A AMESTO ACCOUNTHOUSE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AT Annicken Tvenge 1982	Board Member	95.83 % directly
TI Torstein Ingvald Tvenge 1952	Chairman	4.17 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
AT Annicken Tvenge 1982	D-shares	38	31.67 %
AT Annicken Tvenge 1982	Class B shares	38	31.67 %
AT Annicken Tvenge 1982	C-shares	38	31.67 %
TI Torstein Ingvald Tvenge 1952	A-shares	5	4.17 %
AT Annicken Tvenge 1982	A-shares	1	0.83 %

Shares owned by the TITAS EIENDOM AS

Name	Share class	Number of shares	Share
K KARENSLYST ALLÉ 10 AS	Ordinary shares	300	100 %
L LYSAKER BYGG AS	Ordinary shares	120	100 %
S SKØYEN NÆRINGSBYGG AS	Ordinary shares	100	100 %
T T CAPITAL AS	Ordinary shares	100	100 %
S SOGNSVEIEN 68/70 AS	Ordinary shares	120	100 %
T THUNE EUREKA AS	Ordinary shares	100	100 %
S SJØLYSTPARKEN AS	Ordinary shares	200,000	50 %
N NORSKE LIV GÅRDEN AS	Ordinary shares	1,500	50 %
S SØRKEDALSVEIEN 9 AS	Ordinary shares	140,000	50 %
F FRAM EIENDOM AS	Ordinary shares	1	25 %
K KTP INVEST AS	Ordinary shares	16	1.27 %

Last update: May 24, 2024

Group structure

TITAS EIENDOM AS
Total operating income 2023: NOK 8,458,756
Operating profit 2023: NOK -12,597,669
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	8,458,756	7,635,596	5,881,337
Annual Total Result	36,975,608	26,635,265	20,085,332
Total assets	935,808,861	754,259,053	721,479,850
Total liabilities	544,126,347	400,152,147	344,644,336
Total equity	391,682,514	354,106,906	376,835,514

P&L

Year	2023	2022	2021
Total operating income	8,458,756	7,635,596	5,881,337
Total operating costs	21,056,425	13,018,593	26,988,599
Operating result	-12,597,669	-5,382,997	-21,107,262
Financial income/costs	60,314,905	34,810,764	44,753,365
Profit before tax	47,717,237	29,427,767	23,646,103
Total tax & extraordinary income/cost	10,741,629	2,792,502	3,560,771
Annual Total Result	36,975,608	26,635,265	20,085,332

Balance overview

Year	2023	2022	2021
Total fixed assets	713,600,891	674,566,190	638,121,808
Total current assets	222,207,969	79,692,863	83,358,041
Total assets	935,808,861	754,259,053	721,479,850
Short term debt	502,826,347	356,052,147	297,744,336
Long term debt	41,300,000	44,100,000	46,900,000
Total liabilities	544,126,347	400,152,147	344,644,336
Contributed capital	316,658,504	316,058,504	315,458,504
Retained earnings	75,024,010	38,048,402	61,377,010
Total equity	391,682,514	354,106,906	376,835,514
Total equity and liabilities	935,808,861	754,259,053	721,479,850

Classification

Category

Goods and trade

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

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate