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TIME CRITICAL PETROLEUM RESOURCES AS971 193 425

Limited company
2. etasje Haakon VIIs gate 1 0161 OSLO, Norge

TIME CRITICAL PETROLEUM RESOURCES AS

Organization

Chairman of the board
BG

Berge Gerdt Larsen1952

Years since formation
30 years
since Feb 20, 1995
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
1,125
2 share classes
Total number of shareholders
2
persons

Financials

Annual total result 2024
-112,486
NOK
Total equity 2024
77,852,605
NOK
Last update: Sep 9, 2025

Management

Board

NameRoleShares
BG

Berge Gerdt Larsen

1952

Contact Person, Chairman-
BB

Brede Bjøvad Larsen

1986

Alternate Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-

Top 10 individual shareholders

NameRoleShares
BG

Berge Gerdt Larsen

1952

-
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
BG

Berge Gerdt Larsen

1952

A-shares
675
60 %
BG

Berge Gerdt Larsen

1952

Class B shares
450
40 %

Shares owned by the TIME CRITICAL PETROLEUM RESOURCES AS

NameShare classTotal number of sharesShare
I
INCREASED OIL RECOVERY AS
Ordinary shares
38,205,537
44.95 %
P
PETROLIA NOCO AS
NO0010844301
5,461,346
3.21 %
D
DWELLOP AS
NO0010822364
250
0.06 %
S
SAGA PURE ASA
NO0010572589
300,000
0.06 %
D
DEEP VALUE DRILLER AS
NO0010955917
9,800
< 0.01 %
V
VÅR ENERGI ASA
NO0011202772
7,000
< 0.01 %
D
DOLPHIN DRILLING AS
NO0012595950
24,208
< 0.01 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
0
0
0
0
Annual Total Result
-112,486
800,091
-11,504,508
-5,938,739
Total assets
79,983,393
79,994,247
77,165,000
92,751,690
Total liabilities
2,130,788
2,029,156
0
82,807
Total equity
77,852,605
77,965,091
77,165,000
92,668,883

P&L

Year2024202320222021
Total operating income
0
0
0
0
Total operating costs
248,411
200,494
44,961
187,876
Operating result
-248,411
-200,494
-44,961
-187,876
Financial income/costs
135,925
1,014,906
-11,459,547
-5,668,059
Profit before tax
-112,486
814,413
-11,504,508
-5,855,934
Total tax & extraordinary income/cost
0
14,322
0
82,805
Annual Total Result
-112,486
800,091
-11,504,508
-5,938,739

Balance overview

Year2024202320222021
Total fixed assets
58,335,501
59,293,308
53,039,703
62,140,665
Total current assets
21,647,892
20,700,938
24,125,296
30,611,025
Total assets
79,983,393
79,994,247
77,165,000
92,751,690
Short term debt
2,130,788
2,029,156
0
82,807
Long term debt
0
0
0
0
Total liabilities
2,130,788
2,029,156
0
82,807
Contributed capital
9,536,422
9,536,422
9,536,422
9,536,422
Retained earnings
68,316,183
68,428,669
67,628,578
83,132,461
Total equity
77,852,605
77,965,091
77,165,000
92,668,883
Total equity and liabilities
79,983,393
79,994,247
77,165,000
92,751,690

Classification

Type of organization
Limited company