TIMECH AS
Keywords
drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing
Organization
- CEO
- EG
- Chairman of the board
- EG
- Years since formation
- 11 years
- since Jan 9, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Total operating income 2024
- 8,655,648
- NOK
- Annual total result 2024
- 717,597
- NOK
- Total equity 2024
- 2,824,672
- NOK
Last update: Apr 30, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EG | Managing Director/CEO | 40 % directly |
Board
| Name | Role | Shares |
|---|---|---|
EG | Chairman | 40 % directly |
TH 1969 | Board Member | 40 % directly |
KT | Board Member | 20 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TH 1969 | Board Member | 40 % directly |
EG | Managing Director/CEO, Chairman | 40 % directly |
KT | Board Member | 20 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
EG | Ordinary shares | 80 | 40 % |
TH 1969 | Ordinary shares | 80 | 40 % |
KT | Ordinary shares | 40 | 20 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 8,655,648 | 8,822,415 | 10,388,854 |
Annual Total Result | 717,597 | 1,275,565 | 654,648 |
Total assets | 6,965,191 | 7,442,900 | 4,548,951 |
Total liabilities | 4,140,519 | 4,635,826 | 2,317,442 |
Total equity | 2,824,672 | 2,807,075 | 2,231,510 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 8,655,648 | 8,822,415 | 10,388,854 |
Total operating costs | 7,597,686 | 7,151,212 | 9,529,351 |
Operating result | 1,057,962 | 1,671,203 | 859,503 |
Financial income/costs | -137,826 | -34,658 | -15,775 |
Profit before tax | 920,135 | 1,636,545 | 843,728 |
Total tax & extraordinary income/cost | 202,538 | 360,980 | 189,080 |
Annual Total Result | 717,597 | 1,275,565 | 654,648 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 3,069,792 | 3,711,774 | 1,271,914 |
Total current assets | 3,895,399 | 3,731,127 | 3,277,038 |
Total assets | 6,965,191 | 7,442,900 | 4,548,951 |
Short term debt | 1,828,788 | 1,921,505 | 1,645,398 |
Long term debt | 2,311,730 | 2,714,320 | 672,043 |
Total liabilities | 4,140,519 | 4,635,826 | 2,317,442 |
Contributed capital | 202,000 | 202,000 | 202,000 |
Retained earnings | 2,622,672 | 2,605,075 | 2,029,510 |
Total equity | 2,824,672 | 2,807,075 | 2,231,510 |
Total equity and liabilities | 6,965,191 | 7,442,900 | 4,548,951 |
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
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