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T

TIMBERBAY AS918 135 707

Purchase and sale
Limited company
Heiane 31 5412 STORD, Norge

TIMBERBAY AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board
Years since formation
8 years
since Dec 5, 2016
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
2
companies

Financials

Total operating income 2023
480,000
NOK
Annual total result 2023
-997,401
NOK
Total equity 2023
-4,285,016
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
50 %
indirectly

Board

NameRoleShares
Chairman-
Board Member-
Board Member
50 %
indirectly
Board Member-

Others

NameRoleShares
A
AZETS INSIGHT AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Board Member
50 %
indirectly
Last update: May 30, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
U
UNITECH OFFSHORE AS
Ordinary shares
500
50 %
K
KO FINANS AS
Ordinary shares
500
50 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
480,000
220,000
5,000
Annual Total Result
-997,401
-854,276
-805,462
Total assets
20,788,787
20,111,440
19,648,429
Total liabilities
25,073,803
23,399,055
22,081,768
Total equity
-4,285,016
-3,287,615
-2,433,339

P&L

Year202320222021
Total operating income
480,000
220,000
5,000
Total operating costs
122,651
132,892
90,323
Operating result
357,349
87,108
-85,323
Financial income/costs
-1,354,750
-941,384
-720,140
Profit before tax
-997,401
-854,276
-805,462
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
-997,401
-854,276
-805,462

Balance overview

Year202320222021
Total fixed assets
20,146,629
19,741,381
19,529,479
Total current assets
642,158
370,059
118,950
Total assets
20,788,787
20,111,440
19,648,429
Short term debt
426,453
248,325
194,368
Long term debt
24,647,350
23,150,730
21,887,400
Total liabilities
25,073,803
23,399,055
22,081,768
Contributed capital
24,430
24,430
24,430
Retained earnings
-4,309,446
-3,312,045
-2,457,769
Total equity
-4,285,016
-3,287,615
-2,433,339
Total equity and liabilities
20,788,787
20,111,440
19,648,429

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
Standard industrial classification
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.1
Main industrial group
Development of building projects
41.10
Industrial group
Development of building projects
41.109
Industrial group
Other development and sale of real estate