TIMEOUT AGENCY & CONCERTS AS
Organization
- CEO
- TO
Thomas Olavsen1973
- Chairman of the board
- MV
- Years since formation
- 15 years
- since Mar 4, 2010
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 100,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 157,273,309
- NOK
- Annual total result 2024
- 6,644,791
- NOK
- Total equity 2024
- 15,174,275
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TO 1973 | Managing Director/CEO | 20 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
PR 1963 | Board Member | - |
TO 1973 | Alternate Member | 20 % indirectly |
MV | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TO 1973 | Managing Director/CEO, Alternate Member | 20 % indirectly |
Last update: Jan 7, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 80,000 | 80 % | |
| Ordinary shares | 20,000 | 20 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 406,197,377Operating profit 2024: NOK -20,342,782Employees: 35
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 157,273,309 | 199,166,509 | 135,144,016 | 51,740,426 |
Annual Total Result | 6,644,791 | 10,370,071 | 8,334,168 | 2,978,765 |
Total assets | 26,240,405 | 27,787,761 | 30,649,377 | 23,777,576 |
Total liabilities | 11,066,131 | 9,258,277 | 12,489,964 | 13,952,331 |
Total equity | 15,174,275 | 18,529,484 | 18,159,413 | 9,825,245 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 157,273,309 | 199,166,509 | 135,144,016 | 51,740,426 |
Total operating costs | 150,553,637 | 186,543,074 | 125,156,969 | 47,912,325 |
Operating result | 6,719,671 | 12,623,435 | 9,987,047 | 3,828,101 |
Financial income/costs | 1,812,358 | 681,027 | 701,041 | -6,713 |
Profit before tax | 8,532,029 | 13,304,462 | 10,688,087 | 3,821,389 |
Total tax & extraordinary income/cost | 1,887,238 | 2,934,391 | 2,353,919 | 842,624 |
Annual Total Result | 6,644,791 | 10,370,071 | 8,334,168 | 2,978,765 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 353,477 | 141,863 | 132,282 | 237,589 |
Total current assets | 25,886,928 | 27,645,898 | 30,517,095 | 23,539,987 |
Total assets | 26,240,405 | 27,787,761 | 30,649,377 | 23,777,576 |
Short term debt | 11,066,131 | 9,258,277 | 12,489,964 | 13,952,331 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 11,066,131 | 9,258,277 | 12,489,964 | 13,952,331 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 15,074,275 | 18,429,484 | 18,059,413 | 9,725,245 |
Total equity | 15,174,275 | 18,529,484 | 18,159,413 | 9,825,245 |
Total equity and liabilities | 26,240,405 | 27,787,761 | 30,649,377 | 23,777,576 |
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