STIFTINGA TYSNESFEST

Operating

Tysnesfest - Ein festival i sjøkanten!

Eit eventyr utan like med eit hav av store norske og utanlandske artistar! Her vil du få oppleva elektrisk, magisk, episk og nydele god stemning!

• Fremme interessa for musikk og beslekta kulturaktiviteter ved kvart år sommarstid å arrangera Tysnesfest. • Tilby kulturaktiviteter til innbyggarane i Tysnes kommune. • Markere Tysnes som en aktiv kulturkommune ved å samarbeide med det lokale organisasjons- og næringsliv

Organization

CEO: ØV
Øystein Vaage1981
Chairman of the board: YN
Yngve Nesland Vevatne1988
Years since formation: 15 years; since Feb 23, 2011
Type: Foundation
VAT registered: Yes
Number of employees: 0

Financials

Total operating income 2025: 18,432,468; NOK
Annual total result 2025: 728,328; NOK

Last update: Jul 27, 2026

Management

Management / administration

Name	Role	Shares
ØV Øystein Vaage 1981	Managing Director/CEO	-

Board

Name	Role	Shares
YN Yngve Nesland Vevatne 1988	Chairman	-
RG Ragnhild Gjerstad 1985	Board Member	-
TE Tom Erik Rosvold Vik 1986	Board Member	-
ML Matias Ljostveit 1997	Board Member	-
MR Martin Rabben Restad 1986	Deputy Chair	-
ID Irene Dalland 1990	Board Member	-
TH Tuva Hatteberg-Olsen 2005	Board Member	-
IS Iris Sørbotten 1993	Board Member	-
KJ Knut Jørgen Nesland 2001	Board Member	-

Others

Name	Role	Shares
C COLLEGIUM REVISJON AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Last update: Oct 15, 2025

Ownership

Shares owned by the STIFTINGA TYSNESFEST

Name	Share class	Total number of shares	Share
K KULTURKONTORET AS	Ordinary shares	4,553	73.21 %
V VÅGE HAMN AS	Ordinary shares	8	1.8 %

Last update: Jun 2, 2025

Group structure

STIFTINGA TYSNESFEST
Total operating income 2025: NOK 18,432,468
Operating profit 2025: NOK 721,354
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	18,432,468	17,648,857	18,253,848	16,868,302	6,780,137
Annual Total Result	728,328	522,672	-1,566,474	-5,015,419	656,641
Total assets	0	2,379,901	3,320,498	3,017,375	5,912,879
Total liabilities	0	2,360,704	4,220,258	2,350,662	823,777
Total equity	0	19,197	-899,760	666,713	5,089,102

P&L

Year	2025	2024	2023	2022	2021
Total operating income	18,432,468	17,648,857	18,253,848	16,868,302	6,780,137
Total operating costs	17,711,114	17,077,273	19,784,589	21,890,298	6,148,171
Operating result	721,354	571,584	-1,530,741	-5,021,996	631,967
Financial income/costs	6,974	-48,912	-35,733	6,578	24,934
Profit before tax	728,328	522,672	-1,566,474	-5,015,419	656,901
Total tax & extraordinary income/cost	0	0	0	0	260
Annual Total Result	728,328	522,672	-1,566,474	-5,015,419	656,641

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,662,699	1,689,766	1,686,500	537,000
Total current assets	717,202	1,630,732	1,330,875	5,375,879
Total assets	2,379,901	3,320,498	3,017,375	5,912,879
Short term debt	1,289,130	3,311,130	1,857,646	823,777
Long term debt	1,071,574	909,128	493,016	0
Total liabilities	2,360,704	4,220,258	2,350,662	823,777
Contributed capital	400,000	400,000	400,000	400,000
Retained earnings	-380,803	-1,299,760	266,713	4,689,102
Total equity	19,197	-899,760	666,713	5,089,102
Total equity and liabilities	2,379,901	3,320,498	3,017,375	5,912,879

Classification

21st company classification

BETA

Small company

Type of organization

Foundation

STIFTINGA TYSNESFEST996 558 665