LORD 1 AS

Organization

CEO: GT
Grethe Tønnesen1958
Chairman of the board: EE
Erik Edvard Tønnesen1958
Years since formation: 26 years; since Jan 27, 1999
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100,000; 2 share classes
Total number of shareholders: 7; 3 companies, 4 persons
Belongs to group of

Financials

Total operating income 2024: 5,712,442; NOK
Annual total result 2024: 15,708,941; NOK
Total equity 2024: 59,196,016; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
GT Grethe Tønnesen 1958	Managing Director/CEO	27.5 % directly

Board

Name	Role	Shares
EE Erik Edvard Tønnesen 1958	Chairman	27.5 % directly
GT Grethe Tønnesen 1958	Board Member	27.5 % directly
HT Henrik Tønnesen 1986	Board Member	15 % indirectly
MT Marthe Tønnesen 1993	Board Member	15 % indirectly
ST Siren Tønnesen 1984	Board Member	15 % indirectly

Others

Name	Role	Shares
T TEAM REVISJON AS	Auditor	-
T TRIO ØKONOMI AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
EE Erik Edvard Tønnesen 1958	Chairman	27.5 % directly
GT Grethe Tønnesen 1958	Managing Director/CEO, Board Member	27.5 % directly
MT Marthe Tønnesen 1993	Board Member	15 % indirectly
ST Siren Tønnesen 1984	Board Member	15 % indirectly
HT Henrik Tønnesen 1986	Board Member	15 % indirectly

Last update: Aug 14, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
EE Erik Edvard Tønnesen 1958	Class B shares	27,495	27.5 %
GT Grethe Tønnesen 1958	Class B shares	27,495	27.5 %
H HT MANDAL AS	Class B shares	15,000	15 %
M MT MANDAL AS	Class B shares	15,000	15 %
S ST MANDAL AS	Class B shares	15,000	15 %
EE Erik Edvard Tønnesen 1958	A-shares	5	< 0.01 %
GT Grethe Tønnesen 1958	A-shares	5	< 0.01 %

Shares owned by the LORD 1 AS

Name	Share class	Total number of shares	Share
T TØNNESEN 1937 AS	Ordinary shares	30	100 %
K KNOLL OG TOTT EIENDOM AS	Ordinary shares	40	100 %
F FRØYSLAND UTVIKLING AS	Ordinary shares	8,000	100 %
M MANDAL UTVIKLING AS	Ordinary shares	1,500	100 %
H HELMAX AS	Ordinary shares	125	50 %
S SOLBORG EIENDOM AS	Ordinary shares	2,400	40 %
S SKAGERAK VENTURE CAPITAL AS	Ordinary shares	29,500	29.5 %
M MANDAL BRYGGE AS	Ordinary shares	150	25 %
T TØNNESEN GRUPPEN AS	Ordinary shares	15	15 %
S SKAGERAK CAPITAL AS	Ordinary shares	68,900	13 %
F FLYR AS	NO0010931900	50,000	< 0.01 %
S SPAREBANK 1 SØRØST-NORGE	NO0006000207	1,000	< 0.01 %
N NEF GRUPPEN AS	NO0010575400	650	< 0.01 %
S SPAREBANKEN NORGE	NO0006000900	5,209	< 0.01 %
O Olav Thon Eiendomsselskap ASA	NO0005638858	2,186	< 0.01 %
N NORSKE SKOG ASA	NO0010861115	900	< 0.01 %
R ROGALAND SPAREBANK	NO0006001007	1,640	< 0.01 %
O ORKLA ASA	NO0003733800	315	< 0.01 %
S STOREBRAND ASA	NO0003053605	6,300	< 0.01 %
V VÅR ENERGI ASA	NO0011202772	7,250	< 0.01 %
N NEKKAR ASA	NO0003049405	10,000	< 0.01 %
S SPAREBANKEN SØR	NO0006001502	5,361	< 0.01 %
S SPAREBANK 1 SMN	NO0006390301	3,000	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	NO0010631567	2,695	< 0.01 %
S SPAREBANK 1 NORD-NORGE	NO0006000801	5,800	< 0.01 %
M MOWI ASA	NO0003054108	2,000	< 0.01 %
P PARETO BANK ASA	NO0010397581	4,000	< 0.01 %
E ENDÚR ASA	NO0012555459	650	< 0.01 %
A AKER BP ASA	NO0010345853	2,150	< 0.01 %
D DNB BANK ASA	NO0010161896	1,000	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	NO0010582521	4,000	< 0.01 %

Last update: Jun 2, 2025

Group structure

LORD 1 AS
Total operating income 2024: NOK 5,712,442
Operating profit 2024: NOK 1,522,278
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	5,712,442	5,791,188	5,486,463	5,739,557
Annual Total Result	15,708,941	3,093,936	8,019,356	2,519,101
Total assets	93,137,205	99,662,569	81,410,455	74,017,593
Total liabilities	33,941,188	52,675,494	35,417,316	33,543,809
Total equity	59,196,016	46,987,075	45,993,140	40,473,784

P&L

Year	2024	2023	2022	2021
Total operating income	5,712,442	5,791,188	5,486,463	5,739,557
Total operating costs	4,190,164	3,427,369	3,399,205	2,929,168
Operating result	1,522,278	2,363,819	2,087,259	2,810,389
Financial income/costs	14,222,218	971,934	6,201,343	195,808
Profit before tax	15,744,496	3,335,753	8,288,602	3,006,197
Total tax & extraordinary income/cost	35,555	241,817	269,246	487,096
Annual Total Result	15,708,941	3,093,936	8,019,356	2,519,101

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	80,585,727	80,415,489	74,585,772	71,979,146
Total current assets	12,551,478	19,247,080	6,824,683	2,038,447
Total assets	93,137,205	99,662,569	81,410,455	74,017,593
Short term debt	654,215	845,501	1,670,106	1,085,796
Long term debt	33,286,973	51,829,994	33,747,210	32,458,013
Total liabilities	33,941,188	52,675,494	35,417,316	33,543,809
Contributed capital	100,000	100,000	100,000	2,600,000
Retained earnings	59,096,016	46,887,075	45,893,140	37,873,784
Total equity	59,196,016	46,987,075	45,993,140	40,473,784
Total equity and liabilities	93,137,205	99,662,569	81,410,455	74,017,593

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

LORD 1 AS980 417 050

LORD 1 AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the LORD 1 AS

Group structure

Financials

Summary

P&L

Balance overview

Classification