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T

TIMEOUT AGENCY & CONCERTS AS995 251 388

Artist
Limited company
Fred. Olsens gate 1 0152 OSLO, Norge
Services
/ Artist
/ 74.903 Impresario activities

TIMEOUT AGENCY & CONCERTS AS

Keywords

conveyerentertainment

Organization

CEO
TO

Thomas Olavsen1973

Chairman of the board
MV

Morten Valestrand1979

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 2023
199,166,509
NOK
Annual total result 2023
10,370,071
NOK
Total equity 2023
18,529,484
NOK
Last update: Mar 4, 2025

Management

Management / administration

NameRoleShares
TO

Thomas Olavsen

1973

Managing Director/CEO-

Board

NameRoleShares
PR

Pål Remman

1963

Board Member-
TO

Thomas Olavsen

1973

Alternate Member-
MV

Morten Valestrand

1979

Chairman-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Jan 7, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
L
LIVE NATION NORWAY AS
Ordinary shares
80,000
80 %
C
COX INVEST AS
Ordinary shares
20,000
20 %
Last update: Jun 2, 2025

Group structure

  • LIVE NATION NORWAY AS
    Total operating income 2023: NOK 583,300,379
    Operating profit 2023: NOK 4,159,302
    Employees: 31

Financials

in NOK

Summary

Year202320222021
Total operating income
199,166,509
135,144,016
51,740,426
Annual Total Result
10,370,071
8,334,168
2,978,765
Total assets
27,787,761
30,649,377
23,777,576
Total liabilities
9,258,277
12,489,964
13,952,331
Total equity
18,529,484
18,159,413
9,825,245

P&L

Year202320222021
Total operating income
199,166,509
135,144,016
51,740,426
Total operating costs
186,543,074
125,156,969
47,912,325
Operating result
12,623,435
9,987,047
3,828,101
Financial income/costs
681,027
701,041
-6,713
Profit before tax
13,304,462
10,688,087
3,821,389
Total tax & extraordinary income/cost
2,934,391
2,353,919
842,624
Annual Total Result
10,370,071
8,334,168
2,978,765

Balance overview

Year202320222021
Total fixed assets
141,863
132,282
237,589
Total current assets
27,645,898
30,517,095
23,539,987
Total assets
27,787,761
30,649,377
23,777,576
Short term debt
9,258,277
12,489,964
13,952,331
Long term debt
0
0
0
Total liabilities
9,258,277
12,489,964
13,952,331
Contributed capital
100,000
100,000
100,000
Retained earnings
18,429,484
18,059,413
9,725,245
Total equity
18,529,484
18,159,413
9,825,245
Total equity and liabilities
27,787,761
30,649,377
23,777,576

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
M
Main industrial area
Professional, scientific and technical activities
74
Activity
Other professional, scientific and technical activities
74.9
Main industrial group
Other professional, scientific and technical activities n.e.c.
74.90
Industrial group
Other professional, scientific and technical activities n.e.c.
74.903
Industrial group
Impresario activities