TORE OLSEN HOLDING AS • 981251245 • Songe • Manufacture of fabricated metal products, except machinery and equipment

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Industry and manufacturing

/ 25.620 Machining

TORE OLSEN HOLDING AS

Keywords

drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing

Organization

CEO: EM
Ellen Mitchell-Olsen1968
Chairman of the board: EM
Ellen Mitchell-Olsen1968
Years since formation: 26 years; since Nov 17, 1999
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 600; 1 share class
Total number of shareholders: 3; persons
Belongs to group of

Financials

Total operating income 2024: 42,266; NOK
Annual total result 2024: 5,390,274; NOK
Total equity 2024: 62,902,028; NOK

Last update: Jul 30, 2025

Management

Management / administration

Name	Role	Shares
EM Ellen Mitchell-Olsen 1968	Managing Director/CEO	33.33 % directly

Board

Name	Role	Shares
EM Ellen Mitchell-Olsen 1968	Chairman	33.33 % directly
GM Gina Marcussen 1995	Board Member	33.33 % directly
AM Alexander Mitchell Knutsen 1990	Board Member	33.33 % directly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
EM Ellen Mitchell-Olsen 1968	Managing Director/CEO, Chairman	33.33 % directly
GM Gina Marcussen 1995	Board Member	33.33 % directly
AM Alexander Mitchell Knutsen 1990	Board Member	33.33 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
AM Alexander Mitchell Knutsen 1990	Ordinary shares	200	33.33 %
EM Ellen Mitchell-Olsen 1968	Ordinary shares	200	33.33 %
GM Gina Marcussen 1995	Ordinary shares	200	33.33 %

Shares owned by the TORE OLSEN HOLDING AS

Name	Share class	Total number of shares	Share
T TORE OLSEN SALG AS	Ordinary shares	1,000	100 %
S SAFE INVEST 1 AS	Ordinary shares	100	100 %
T TORE OLSEN EIENDOM 1 AS	Ordinary shares	100	100 %
T TORE OLSEN EIENDOM 2 AS	Ordinary shares	100	100 %
T TEKNO AS	Ordinary shares	75	100 %
T TORE OLSEN PRODUKSJON AS	Ordinary shares	50	100 %
E E CHRISTENSEN AS	Ordinary shares	200	14.18 %

Last update: Jun 2, 2025

Group structure

TORE OLSEN HOLDING AS
Total operating income 2024: NOK 42,266
Operating profit 2024: NOK -265,050
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	42,266	300,000	300,000	300,000
Annual Total Result	5,390,274	679,754	235,579	112,829
Total assets	68,827,344	52,824,340	54,872,403	56,345,905
Total liabilities	5,925,316	412,586	900,403	2,609,485
Total equity	62,902,028	52,411,754	53,972,000	53,736,420

P&L

Year	2024	2023	2022	2021
Total operating income	42,266	300,000	300,000	300,000
Total operating costs	307,316	526,179	164,001	470,117
Operating result	-265,050	-226,179	135,999	-170,117
Financial income/costs	5,808,362	450,229	166,026	314,770
Profit before tax	5,543,312	224,050	302,025	144,653
Total tax & extraordinary income/cost	153,038	-455,704	66,446	31,824
Annual Total Result	5,390,274	679,754	235,579	112,829

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	44,318,922	39,321,538	40,888,308	41,508,411
Total current assets	24,508,423	13,502,802	13,984,095	14,837,494
Total assets	68,827,344	52,824,340	54,872,403	56,345,905
Short term debt	2,275,316	412,586	433,917	2,152,203
Long term debt	3,650,000	0	466,486	457,282
Total liabilities	5,925,316	412,586	900,403	2,609,485
Contributed capital	5,084,000	5,084,000	5,084,000	5,084,000
Retained earnings	57,818,028	47,327,754	48,888,000	48,652,420
Total equity	62,902,028	52,411,754	53,972,000	53,736,420
Total equity and liabilities	68,827,344	52,824,340	54,872,403	56,345,905

Classification

Category

Industry and manufacturing

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

C

Main industrial area

Manufacturing

25

Activity

Manufacture of fabricated metal products, except machinery and equipment

25.6

Main industrial group

Treatment and coating of metals; machining

25.62

Industrial group

Machining

25.620

Industrial group

Machining