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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 2024
157,273,309
NOK
Annual total result 2024
6,644,791
NOK
Total equity 2024
15,174,275
NOK
Last update: Jun 17, 2025

Management

Management / administration

NameRoleShares
TO

Thomas Olavsen

1973

Managing Director/CEO
20 %
indirectly

Board

NameRoleShares
PR

Pål Remman

1963

Board Member-
TO

Thomas Olavsen

1973

Alternate Member
20 %
indirectly
MV

Morten Valestrand

1979

Chairman-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-

Top 10 individual shareholders

NameRoleShares
TO

Thomas Olavsen

1973

Managing Director/CEO, Alternate Member
20 %
indirectly
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 2024: NOK 406,197,377
    Operating profit 2024: NOK -20,342,782
    Employees: 32

Financials

in NOK

Summary

Year2024202320222021
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

Year2024202320222021
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

Year2024202320222021
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

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